CCRV vs. SVOL
CCRV (iShares Commodity Curve Carry Strategy ETF) and SVOL (Simplify Volatility Premium ETF) are both exchange-traded funds - CCRV is a Commodities fund tracking the CCRV-US - ICE BofA Commodity Enhanced Carry Index, while SVOL is a Volatility fund actively managed by Simplify. CCRV is passively managed, while SVOL is actively managed. Their 0.15 correlation means their historical movements had little consistent relationship. CCRV charges 0.40%/yr vs 0.50%/yr for SVOL.
Performance
CCRV vs. SVOL - Performance Comparison
Loading charts...
Returns By Period
CCRV
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
SVOL
- 1D
- -0.25%
- 1M
- 0.32%
- 6M
- -0.36%
- YTD
- 1.56%
- 1Y
- 17.84%
- 3Y*
- 5.96%
- 5Y*
- 6.86%
- 10Y*
- —
- ALL TIME*
- 7.89%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.51M | $3.79M | $4.39M |
CCRV vs. SVOL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CCRV iShares Commodity Curve Carry Strategy ETF | 0.00% | -0.05% | 5.74% | 5.47% | 19.91% | 10.59% |
SVOL Simplify Volatility Premium ETF | 1.56% | 2.41% | 6.77% | 22.88% | -3.30% | 12.70% |
Correlation
The correlation between CCRV and SVOL is -0.11, 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. | -0.11 |
Correlation (3Y) Balances recent behavior with more history. | 0.06 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.13 |
Correlation (All Time) Calculated using the full available price history since May 13, 2021 | 0.15 |
The correlation between CCRV and SVOL shifts across timeframes, from -0.11 (1 year) to 0.15 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CCRV vs. SVOL — Risk / Return Rank
CCRV
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SVOL
CCRV vs. SVOL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Commodity Curve Carry Strategy ETF (CCRV) and Simplify Volatility Premium ETF (SVOL). 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 | SVOL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.21 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.57 | — |
| Martin ratioReturn relative to average drawdown | — | 4.56 | — |
Loading charts...
Drawdowns
CCRV vs. SVOL - Drawdown Comparison
Loading charts...
Drawdown Indicators
| CCRV | SVOL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -33.50% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -11.42% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -33.50% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.50% | — |
Current DrawdownCurrent decline from peak | — | -1.58% | — |
Average DrawdownAverage peak-to-trough decline | — | -4.68% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.92% | — |
Volatility
CCRV vs. SVOL - Volatility Comparison
Loading charts...
Volatility by Period
| CCRV | SVOL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.17% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.63% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 17.09% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 21.96% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 21.73% | — |
CCRV vs. SVOL - Expense Ratio Comparison
CCRV has a 0.40% expense ratio, which is lower than SVOL's 0.50% expense ratio.
Dividends
CCRV vs. SVOL - Dividend Comparison
CCRV has not paid dividends to shareholders, while SVOL's dividend yield for the trailing twelve months is around 22.19%.
| 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% |
SVOL Simplify Volatility Premium ETF | 22.19% | 19.82% | 16.79% | 16.36% | 18.32% | 4.65% |
Frequently Asked Questions
CCRV and SVOL have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
CCRV is cheaper with a 0.40% expense ratio, compared with 0.50% for SVOL.
SVOL has the higher dividend yield at 22.19%, compared with 0.00% for CCRV.
CCRV is categorized as Commodities, while SVOL is Volatility. They also come from different issuers: iShares and Simplify. Their fees differ too: 0.40% for CCRV and 0.50% for SVOL.
Find the right allocation for CCRV and SVOL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer