CCRV vs. COM

Last updated Jun 4, 2026

CCRV (iShares Commodity Curve Carry Strategy ETF) and COM (Direxion Auspice Broad Commodity Strategy ETF) are both Commodities funds - CCRV tracks the CCRV-US - ICE BofA Commodity Enhanced Carry Index while COM tracks the Auspice Broad Commodity ER Index. Both are passively managed. A 0.62 correlation means they provide meaningful diversification when combined. CCRV charges 0.40%/yr vs 0.70%/yr for COM.

Performance

CCRV vs. COM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Commodity Curve Carry Strategy ETF (CCRV) and Direxion Auspice Broad Commodity Strategy ETF (COM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CCRV

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

COM

• 1D: -0.76%
• 1M: -2.14%
• YTD: 14.96%
• 6M: 14.36%
• 1Y: 22.41%
• 3Y*: 7.16%
• 5Y*: 8.28%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CCRV vs. COM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CCRV iShares Commodity Curve Carry Strategy ETF	0.00%	-0.05%	5.74%	5.47%	19.91%	33.78%	7.37%
COM Direxion Auspice Broad Commodity Strategy ETF	14.96%	7.72%	5.81%	-2.09%	9.17%	28.00%	10.53%

Correlation

The correlation between CCRV and COM is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (5Y) Calculated over the trailing 5-year period	0.57
Correlation (All Time) Calculated using the full available price history since Sep 4, 2020	0.62

Over the past year, the correlation between CCRV and COM has dropped to 0.20 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.

Return for Risk

CCRV vs. COM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

COM

COM Risk / Return Rank: 70
COM Sharpe Ratio Rank: 64
COM Sortino Ratio Rank: 60
COM Omega Ratio Rank: 67
COM Calmar Ratio Rank: 87
COM Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CCRV vs. COM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Commodity Curve Carry Strategy ETF (CCRV) and Direxion Auspice Broad Commodity Strategy ETF (COM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CCRV	COM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.16	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.72	—

Drawdowns

Drawdown Indicators

	CCRV	COM	Difference
Max Drawdown Largest peak-to-trough decline	—	-15.95%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-4.55%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-8.50%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-14.02%	—
Current Drawdown Current decline from peak	—	-4.55%	—
Average Drawdown Average peak-to-trough decline	—	-6.28%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.56%	—

Volatility

Volatility by Period

	CCRV	COM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.04%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.60%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	10.41%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	9.60%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	9.77%	—

CCRV vs. COM - Expense Ratio Comparison

CCRV has a 0.40% expense ratio, which is lower than COM's 0.70% expense ratio.

Dividends

CCRV vs. COM - Dividend Comparison

CCRV has not paid dividends to shareholders, while COM's dividend yield for the trailing twelve months is around 2.46%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CCRV iShares Commodity Curve Carry Strategy ETF	0.00%	0.00%	4.43%	7.26%	33.27%	26.22%	0.00%	0.00%	0.00%	0.00%
COM Direxion Auspice Broad Commodity Strategy ETF	2.46%	2.99%	3.88%	3.80%	8.59%	10.32%	0.13%	1.09%	2.36%	0.09%

Frequently Asked Questions

Can I hold both CCRV and COM in my portfolio?

CCRV and COM have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CCRV or COM?

On fees, CCRV is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CCRV or COM?

CCRV is cheaper with a 0.40% expense ratio, compared with 0.70% for COM.

Which ETF pays a higher dividend yield, CCRV or COM?

COM has the higher dividend yield at 2.46%, compared with 0.00% for CCRV.

What is the main difference between CCRV and COM?

CCRV tracks CCRV-US - ICE BofA Commodity Enhanced Carry Index, while COM tracks Auspice Broad Commodity ER Index. They also come from different issuers: iShares and Direxion. Their fees differ too: 0.40% for CCRV and 0.70% for COM.