CCRV vs. NEAR
CCRV (iShares Commodity Curve Carry Strategy ETF) and NEAR (iShares Short Duration Bond Active ETF) are both exchange-traded funds - CCRV is a Commodities fund tracking the CCRV-US - ICE BofA Commodity Enhanced Carry Index, while NEAR is a Short-Term Bond fund actively managed by iShares. CCRV is passively managed, while NEAR is actively managed. Their -0.04 correlation means they have often moved in opposite directions in the past. CCRV charges 0.40%/yr vs 0.25%/yr for NEAR.
Performance
CCRV vs. NEAR - Performance Comparison
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Returns By Period
CCRV
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
NEAR
- 1D
- 0.05%
- 1M
- 0.10%
- 6M
- 0.74%
- YTD
- 1.07%
- 1Y
- 3.30%
- 3Y*
- 5.39%
- 5Y*
- 3.92%
- 10Y*
- 2.86%
- ALL TIME*
- 2.43%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $19.32M | $23.39M | $28.49M |
CCRV vs. NEAR - 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% |
NEAR iShares Short Duration Bond Active ETF | 1.07% | 5.90% | 5.09% | 7.42% | 0.41% | 0.32% | 0.43% |
Correlation
The correlation between CCRV and NEAR is -0.16, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.16 |
Correlation (3Y) Balances recent behavior with more history. | -0.12 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.06 |
Correlation (All Time) Calculated using the full available price history since Sep 3, 2020 | -0.04 |
The correlation between CCRV and NEAR shifts across timeframes, from -0.16 (1 year) to -0.04 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CCRV vs. NEAR — Risk / Return Rank
CCRV
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NEAR
CCRV vs. NEAR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Commodity Curve Carry Strategy ETF (CCRV) and iShares Short Duration Bond Active ETF (NEAR). 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 | NEAR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.49 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.92 | — |
| Martin ratioReturn relative to average drawdown | — | 13.16 | — |
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Drawdowns
CCRV vs. NEAR - Drawdown Comparison
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Drawdown Indicators
| CCRV | NEAR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -9.61% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.13% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.16% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -1.32% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -9.61% | — |
Current DrawdownCurrent decline from peak | — | 0.00% | — |
Average DrawdownAverage peak-to-trough decline | — | -0.16% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.25% | — |
Volatility
CCRV vs. NEAR - Volatility Comparison
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Volatility by Period
| CCRV | NEAR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.31% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.09% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 1.36% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 1.36% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 2.50% | — |
CCRV vs. NEAR - Expense Ratio Comparison
CCRV has a 0.40% expense ratio, which is higher than NEAR's 0.25% expense ratio.
Dividends
CCRV vs. NEAR - Dividend Comparison
CCRV has not paid dividends to shareholders, while NEAR's dividend yield for the trailing twelve months is around 4.44%.
| 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% |
NEAR iShares Short Duration Bond Active ETF | 4.44% | 4.54% | 5.00% | 4.59% | 1.78% | 0.76% | 1.53% | 2.69% | 2.25% | 1.52% | 1.07% | 0.85% |
Frequently Asked Questions
CCRV and NEAR have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NEAR is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NEAR is cheaper with a 0.25% expense ratio, compared with 0.40% for CCRV.
NEAR has the higher dividend yield at 4.44%, compared with 0.00% for CCRV.
CCRV is categorized as Commodities, while NEAR is Short-Term Bond. Their fees differ too: 0.40% for CCRV and 0.25% for NEAR.
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