CCRV vs. USCI
Compare and contrast key facts about iShares Commodity Curve Carry Strategy ETF (CCRV) and United States Commodity Index Fund (USCI).
CCRV and USCI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. USCI is a passively managed fund by Concierge Technologies that tracks the performance of the SummerHaven Dynamic Commodity (TR). It was launched on Aug 10, 2010. Both CCRV and USCI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CCRV or USCI.
Correlation
The correlation between CCRV and USCI is 0.22, 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.
Performance
CCRV vs. USCI - Performance Comparison
Key characteristics
CCRV:
-0.42
USCI:
0.79
CCRV:
-0.48
USCI:
1.13
CCRV:
0.94
USCI:
1.15
CCRV:
-0.47
USCI:
0.60
CCRV:
-1.16
USCI:
3.45
CCRV:
5.65%
USCI:
3.41%
CCRV:
15.79%
USCI:
14.96%
CCRV:
-24.81%
USCI:
-66.41%
CCRV:
-8.29%
USCI:
-4.42%
Returns By Period
In the year-to-date period, CCRV achieves a -2.75% return, which is significantly lower than USCI's 7.38% return.
CCRV
-2.75%
-4.31%
-3.20%
-7.01%
N/A
N/A
USCI
7.38%
-0.80%
13.65%
12.34%
22.72%
4.26%
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CCRV vs. USCI - Expense Ratio Comparison
CCRV has a 0.40% expense ratio, which is lower than USCI's 1.03% expense ratio.
Risk-Adjusted Performance
CCRV vs. USCI — Risk-Adjusted Performance Rank
CCRV
USCI
CCRV vs. USCI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Commodity Curve Carry Strategy ETF (CCRV) and United States Commodity Index Fund (USCI). 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.
Dividends
CCRV vs. USCI - Dividend Comparison
CCRV's dividend yield for the trailing twelve months is around 4.55%, while USCI has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
CCRV iShares Commodity Curve Carry Strategy ETF | 4.55% | 4.43% | 7.26% | 33.27% | 26.22% |
USCI United States Commodity Index Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CCRV vs. USCI - Drawdown Comparison
The maximum CCRV drawdown since its inception was -24.81%, smaller than the maximum USCI drawdown of -66.41%. Use the drawdown chart below to compare losses from any high point for CCRV and USCI. For additional features, visit the drawdowns tool.
Volatility
CCRV vs. USCI - Volatility Comparison
iShares Commodity Curve Carry Strategy ETF (CCRV) and United States Commodity Index Fund (USCI) have volatilities of 8.77% and 8.68%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.