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CCRV vs. COMB
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

CCRV vs. COMB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Commodity Curve Carry Strategy ETF (CCRV) and GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


CCRV

1D
1M
YTD
6M
1Y
3Y*
5Y*
10Y*

COMB

1D
-1.41%
1M
-9.91%
YTD
14.97%
6M
13.14%
1Y
22.62%
3Y*
11.57%
5Y*
9.61%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

CCRV vs. COMB - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
CCRV
iShares Commodity Curve Carry Strategy ETF
0.00%-0.05%5.74%5.47%19.91%33.78%7.16%
COMB
GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
14.97%15.12%5.24%-7.75%14.56%26.34%7.29%

Correlation

The correlation between CCRV and COMB is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.06

Correlation (3Y)
Calculated over the trailing 3-year period

0.57

Correlation (5Y)
Calculated over the trailing 5-year period

0.68

Correlation (All Time)
Calculated using the full available price history since Sep 3, 2020

0.70

Over the past year, the correlation between CCRV and COMB has dropped to 0.06 - well below their long-term average of 0.70, suggesting their price drivers have been diverging.

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Return for Risk

CCRV vs. COMB — Risk / Return Rank

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

CCRV

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


COMB
COMB Risk / Return Rank: 3838
Overall Rank
COMB Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
COMB Sortino Ratio Rank: 3636
Sortino Ratio Rank
COMB Omega Ratio Rank: 3838
Omega Ratio Rank
COMB Calmar Ratio Rank: 3636
Calmar Ratio Rank
COMB Martin Ratio Rank: 4444
Martin Ratio Rank
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. COMB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Commodity Curve Carry Strategy ETF (CCRV) and GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


CCRVCOMBDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.24

Calmar ratioReturn relative to maximum drawdown

1.71

Martin ratioReturn relative to average drawdown

6.79

CCRV vs. COMB - Sharpe Ratio Comparison


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Drawdowns

CCRV vs. COMB - Drawdown Comparison


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Drawdown Indicators


CCRVCOMBDifference

Max Drawdown

Largest peak-to-trough decline

-33.50%

Max Drawdown (1Y)

Largest decline over 1 year

-13.28%

Max Drawdown (3Y)

Largest decline over 3 years

-13.28%

Max Drawdown (5Y)

Largest decline over 5 years

-26.63%

Current Drawdown

Current decline from peak

-13.28%

Average Drawdown

Average peak-to-trough decline

-12.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.36%

Volatility

CCRV vs. COMB - Volatility Comparison


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Volatility by Period


CCRVCOMBDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.69%

Volatility (6M)

Calculated over the trailing 6-month period

15.24%

Volatility (1Y)

Calculated over the trailing 1-year period

17.34%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.69%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.14%

CCRV vs. COMB - Expense Ratio Comparison

CCRV has a 0.40% expense ratio, which is higher than COMB's 0.25% expense ratio.


Dividends

CCRV vs. COMB - Dividend Comparison

CCRV has not paid dividends to shareholders, while COMB's dividend yield for the trailing twelve months is around 7.87%.


PositionTTM202520242023202220212020201920182017
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%
COMB
GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
7.87%9.05%2.48%6.57%30.85%15.83%0.07%1.48%0.97%0.20%

Frequently Asked Questions


CCRV and COMB have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, COMB is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

COMB is cheaper with a 0.25% expense ratio, compared with 0.40% for CCRV.

COMB has the higher dividend yield at 7.87%, compared with 0.00% for CCRV.

They also come from different issuers: iShares and GraniteShares. Their fees differ too: 0.40% for CCRV and 0.25% for COMB.

Portfolio Optimizer

Find the right allocation for CCRV and COMB

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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