CCRV vs. COMT

Last updated Jun 24, 2026

CCRV (iShares Commodity Curve Carry Strategy ETF) and COMT (iShares GSCI Commodity Dynamic Roll Strategy ETF) are both Commodities funds from iShares - CCRV tracks the CCRV-US - ICE BofA Commodity Enhanced Carry Index while COMT tracks the S&P GSCI Dynamic Roll (USD) Total Return Index. Both are passively managed. Their correlation of 0.82 suggests significant overlap in exposure. CCRV charges 0.40%/yr vs 0.48%/yr for COMT.

Performance

CCRV vs. COMT - Performance Comparison

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

Returns By Period

CCRV

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

COMT

• 1D: -0.93%
• 1M: -11.91%
• YTD: 23.88%
• 6M: 22.75%
• 1Y: 25.27%
• 3Y*: 12.01%
• 5Y*: 10.76%
• 10Y*: 7.96%

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

CCRV vs. COMT - 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%	7.16%
COMT iShares GSCI Commodity Dynamic Roll Strategy ETF	23.88%	6.07%	5.96%	-6.56%	19.45%	36.88%	3.72%

Correlation

The correlation between CCRV and COMT is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since Sep 3, 2020	0.82

Over the past year, the correlation between CCRV and COMT has dropped to 0.19 - well below their long-term average of 0.82, suggesting their price drivers have been diverging.

Return for Risk

CCRV vs. COMT — 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.

COMT

COMT Risk / Return Rank: 36
COMT Sharpe Ratio Rank: 35
COMT Sortino Ratio Rank: 34
COMT Omega Ratio Rank: 34
COMT Calmar Ratio Rank: 34
COMT Martin Ratio Rank: 44

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. COMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Commodity Curve Carry Strategy ETF (CCRV) and iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT). 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.

	CCRV	COMT	Difference
Sharpe ratio: Return per unit of total volatility	—	1.20	—
Sortino ratio: Return per unit of downside risk	—	1.71	—
Omega ratio: Gain probability vs. loss probability	—	1.22	—
Calmar ratio: Return relative to maximum drawdown	—	1.63	—
Martin ratio: Return relative to average drawdown	—	6.99	—

Drawdowns

Drawdown Indicators

	CCRV	COMT	Difference
Max Drawdown Largest peak-to-trough decline	—	-51.89%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-15.58%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.58%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.00%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.22%	—
Current Drawdown Current decline from peak	—	-15.58%	—
Average Drawdown Average peak-to-trough decline	—	-24.00%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.65%	—

Volatility

Volatility by Period

	CCRV	COMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.02%	—
Volatility (6M) Calculated over the trailing 6-month period	—	19.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	21.45%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	21.13%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	18.86%	—

CCRV vs. COMT - Expense Ratio Comparison

CCRV has a 0.40% expense ratio, which is lower than COMT's 0.48% expense ratio.

Dividends

CCRV vs. COMT - Dividend Comparison

CCRV has not paid dividends to shareholders, while COMT's dividend yield for the trailing twelve months is around 6.25%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%
COMT iShares GSCI Commodity Dynamic Roll Strategy ETF	6.25%	7.74%	4.90%	5.19%	29.79%	17.79%	0.36%	2.61%	11.65%	5.16%	0.52%	1.44%

Frequently Asked Questions

Can I hold both CCRV and COMT in my portfolio?

CCRV and COMT have a correlation of 0.19, 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 COMT?

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 COMT?

CCRV is cheaper with a 0.40% expense ratio, compared with 0.48% for COMT.

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

COMT has the higher dividend yield at 6.25%, compared with 0.00% for CCRV.

What is the main difference between CCRV and COMT?

CCRV tracks CCRV-US - ICE BofA Commodity Enhanced Carry Index, while COMT tracks S&P GSCI Dynamic Roll (USD) Total Return Index. Their fees differ too: 0.40% for CCRV and 0.48% for COMT.