CCRV vs. SUPL

Last updated Jul 17, 2026

CCRV (iShares Commodity Curve Carry Strategy ETF) and SUPL (ProShares Supply Chain Logistics ETF) are both exchange-traded funds - CCRV is a Commodities fund tracking the CCRV-US - ICE BofA Commodity Enhanced Carry Index, while SUPL is a Industrials Equities fund tracking the FactSet Supply Chain Logistics Index - Benchmark TR Net. Both are passively managed. At a 0.17 correlation, their price movements are largely independent. CCRV charges 0.40%/yr vs 0.58%/yr for SUPL.

Performance

CCRV vs. SUPL - Performance Comparison

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

Returns By Period

CCRV

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

SUPL

• 1D: 2.34%
• 1M: 3.44%
• 6M: 17.17%
• YTD: 22.63%
• 1Y: 30.20%
• 3Y*: 10.66%
• 5Y*: —
• 10Y*: —

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

CCRV vs. SUPL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CCRV iShares Commodity Curve Carry Strategy ETF	0.00%	-0.05%	5.74%	5.47%	-4.33%
SUPL ProShares Supply Chain Logistics ETF	22.63%	9.25%	-2.44%	23.69%	-11.01%

Correlation

The correlation between CCRV and SUPL is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (All Time) Calculated using the full available price history since Apr 7, 2022	0.17

The correlation between CCRV and SUPL shifts across timeframes, from -0.18 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CCRV vs. SUPL — 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.

SUPL

SUPL Risk / Return Rank: 70
SUPL Sharpe Ratio Rank: 71
SUPL Sortino Ratio Rank: 68
SUPL Omega Ratio Rank: 69
SUPL Calmar Ratio Rank: 76
SUPL Martin Ratio Rank: 66

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. SUPL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Commodity Curve Carry Strategy ETF (CCRV) and ProShares Supply Chain Logistics ETF (SUPL). 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	SUPL	Difference
Sharpe ratio: Return per unit of total volatility	—	1.83	—
Sortino ratio: Return per unit of downside risk	—	2.48	—
Omega ratio: Gain probability vs. loss probability	—	1.33	—
Calmar ratio: Return relative to maximum drawdown	—	3.11	—
Martin ratio: Return relative to average drawdown	—	9.40	—

Drawdowns

Drawdown Indicators

	CCRV	SUPL	Difference
Max Drawdown Largest peak-to-trough decline	—	-24.42%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-9.76%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-21.71%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-5.86%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.22%	—

Volatility

Volatility by Period

	CCRV	SUPL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.22%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.55%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	16.61%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	18.94%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	18.94%	—

CCRV vs. SUPL - Expense Ratio Comparison

CCRV has a 0.40% expense ratio, which is lower than SUPL's 0.58% expense ratio.

Dividends

CCRV vs. SUPL - Dividend Comparison

CCRV has not paid dividends to shareholders, while SUPL's dividend yield for the trailing twelve months is around 2.40%.

Position	TTM	2025	2024	2023	2022	2021
CCRV iShares Commodity Curve Carry Strategy ETF	0.00%	0.00%	4.43%	7.26%	33.27%	26.22%
SUPL ProShares Supply Chain Logistics ETF	2.40%	3.03%	4.78%	4.71%	3.00%	0.00%

Frequently Asked Questions

Can I hold both CCRV and SUPL in my portfolio?

CCRV and SUPL have a correlation of -0.18, 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 SUPL?

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 SUPL?

CCRV is cheaper with a 0.40% expense ratio, compared with 0.58% for SUPL.

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

SUPL has the higher dividend yield at 2.40%, compared with 0.00% for CCRV.

What is the main difference between CCRV and SUPL?

CCRV is categorized as Commodities, while SUPL is Industrials Equities. CCRV tracks CCRV-US - ICE BofA Commodity Enhanced Carry Index, while SUPL tracks FactSet Supply Chain Logistics Index - Benchmark TR Net. They also come from different issuers: iShares and ProShares. Their fees differ too: 0.40% for CCRV and 0.58% for SUPL.