CCRV vs. MWOFX

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Commodity Curve Carry Strategy ETF (CCRV) and MFS Global Growth Fund (MWOFX).

CCRV is a passively managed fund by iShares that tracks the performance of the CCRV-US - ICE BofA Commodity Enhanced Carry Index. It was launched on Sep 1, 2020. MWOFX is managed by MFS. It was launched on Nov 17, 1993.

Performance

CCRV vs. MWOFX - Performance Comparison

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

CCRV vs. MWOFX - 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%
MWOFX MFS Global Growth Fund	-9.21%	7.17%	10.68%	20.63%	-19.28%	18.33%	11.71%

Returns By Period

CCRV

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

MWOFX

• 1D: 2.82%
• 1M: -6.61%
• YTD: -9.21%
• 6M: -8.62%
• 1Y: 0.58%
• 3Y*: 6.17%
• 5Y*: 3.45%
• 10Y*: 9.82%

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

CCRV vs. MWOFX - Expense Ratio Comparison

CCRV has a 0.40% expense ratio, which is lower than MWOFX's 1.22% expense ratio.

MWOFX

MFS Global Growth Fund

CCRV

iShares Commodity Curve Carry Strategy ETF

Return for Risk

CCRV vs. MWOFX — Risk / Return Rank

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

MWOFX

MWOFX Risk / Return Rank: 6
MWOFX Sharpe Ratio Rank: 5
MWOFX Sortino Ratio Rank: 5
MWOFX Omega Ratio Rank: 5
MWOFX Calmar Ratio Rank: 6
MWOFX Martin Ratio Rank: 7

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. MWOFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Commodity Curve Carry Strategy ETF (CCRV) and MFS Global Growth Fund (MWOFX). 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	MWOFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.05	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.22	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.47	—

Correlation

The correlation between CCRV and MWOFX is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CCRV vs. MWOFX - Dividend Comparison

CCRV has not paid dividends to shareholders, while MWOFX's dividend yield for the trailing twelve months is around 5.97%.

	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%
MWOFX MFS Global Growth Fund	5.97%	5.42%	5.14%	2.09%	3.60%	6.25%	3.13%	1.86%	5.00%	3.43%	1.68%	6.08%

Drawdowns

Drawdown Indicators

	CCRV	MWOFX	Difference
Max Drawdown Largest peak-to-trough decline	—	-56.10%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-13.82%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.64%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-31.68%	—
Current Drawdown Current decline from peak	—	-11.39%	—
Average Drawdown Average peak-to-trough decline	—	-11.94%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.77%	—

Volatility

Volatility by Period

	CCRV	MWOFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.35%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.17%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	16.04%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	15.74%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	16.58%	—