CCRV vs. MTCIX

Last updated Jun 24, 2026

CCRV (iShares Commodity Curve Carry Strategy ETF) and MTCIX (MFS Technology Fund) are both funds - CCRV is a Commodities fund tracking the CCRV-US - ICE BofA Commodity Enhanced Carry Index, while MTCIX is a Technology Equities fund managed by MFS. At a 0.12 correlation, their price movements are largely independent. CCRV charges 0.40%/yr vs 0.88%/yr for MTCIX.

Performance

CCRV vs. MTCIX - Performance Comparison

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

Returns By Period

CCRV

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

MTCIX

• 1D: 0.06%
• 1M: 5.28%
• YTD: 19.54%
• 6M: 17.86%
• 1Y: 38.25%
• 3Y*: 37.51%
• 5Y*: 17.44%
• 10Y*: 22.73%

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

CCRV vs. MTCIX - 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%
MTCIX MFS Technology Fund	19.54%	16.39%	56.76%	54.42%	-36.18%	14.11%	3.03%

Correlation

The correlation between CCRV and MTCIX is -0.07, 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	-0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (5Y) Calculated over the trailing 5-year period	0.11
Correlation (All Time) Calculated using the full available price history since Sep 3, 2020	0.12

The correlation between CCRV and MTCIX shifts across timeframes, from -0.07 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CCRV vs. MTCIX — 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.

MTCIX

MTCIX Risk / Return Rank: 38
MTCIX Sharpe Ratio Rank: 45
MTCIX Sortino Ratio Rank: 37
MTCIX Omega Ratio Rank: 39
MTCIX Calmar Ratio Rank: 36
MTCIX Martin Ratio Rank: 33

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. MTCIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Commodity Curve Carry Strategy ETF (CCRV) and MFS Technology Fund (MTCIX). 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	MTCIX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.81	—
Sortino ratio: Return per unit of downside risk	—	2.37	—
Omega ratio: Gain probability vs. loss probability	—	1.31	—
Calmar ratio: Return relative to maximum drawdown	—	2.15	—
Martin ratio: Return relative to average drawdown	—	6.94	—

Drawdowns

Drawdown Indicators

	CCRV	MTCIX	Difference
Max Drawdown Largest peak-to-trough decline	—	-82.78%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-18.59%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-25.97%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-42.74%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.74%	—
Current Drawdown Current decline from peak	—	-2.42%	—
Average Drawdown Average peak-to-trough decline	—	-29.81%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.75%	—

Volatility

Volatility by Period

	CCRV	MTCIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.72%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.00%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	22.09%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	25.68%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	24.21%	—

CCRV vs. MTCIX - Expense Ratio Comparison

CCRV has a 0.40% expense ratio, which is lower than MTCIX's 0.88% expense ratio.

Dividends

CCRV vs. MTCIX - Dividend Comparison

CCRV has not paid dividends to shareholders, while MTCIX's dividend yield for the trailing twelve months is around 11.47%.

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%
MTCIX MFS Technology Fund	11.47%	13.71%	26.78%	9.66%	10.35%	11.58%	4.97%	3.87%	4.97%	3.51%	1.84%	3.62%

Frequently Asked Questions

Can I hold both CCRV and MTCIX in my portfolio?

CCRV and MTCIX have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.