CCRV vs. XVOL
Compare and contrast key facts about iShares Commodity Curve Carry Strategy ETF (CCRV) and Acruence Active Hedge U.S. Equity ETF (XVOL).
CCRV and XVOL 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. XVOL is an actively managed fund by Toroso Investments. It was launched on Apr 22, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CCRV or XVOL.
Performance
CCRV vs. XVOL - Performance Comparison
Returns By Period
In the year-to-date period, CCRV achieves a 5.79% return, which is significantly lower than XVOL's 29.50% return.
CCRV
5.79%
-0.97%
-2.40%
2.53%
N/A
N/A
XVOL
29.50%
8.74%
17.89%
35.60%
N/A
N/A
Key characteristics
| CCRV | XVOL | |
|---|---|---|
| Sharpe Ratio | 0.10 | 1.83 |
| Sortino Ratio | 0.24 | 2.64 |
| Omega Ratio | 1.03 | 1.46 |
| Calmar Ratio | 0.12 | 1.82 |
| Martin Ratio | 0.34 | 7.48 |
| Ulcer Index | 4.32% | 4.75% |
| Daily Std Dev | 14.23% | 19.43% |
| Max Drawdown | -24.81% | -25.82% |
| Current Drawdown | -5.65% | 0.00% |
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CCRV vs. XVOL - Expense Ratio Comparison
CCRV has a 0.40% expense ratio, which is lower than XVOL's 0.83% expense ratio.
Correlation
The correlation between CCRV and XVOL is 0.17, 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.
Risk-Adjusted Performance
CCRV vs. XVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Commodity Curve Carry Strategy ETF (CCRV) and Acruence Active Hedge U.S. Equity ETF (XVOL). 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. XVOL - Dividend Comparison
CCRV's dividend yield for the trailing twelve months is around 6.86%, more than XVOL's 0.84% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
CCRV iShares Commodity Curve Carry Strategy ETF | 6.86% | 7.26% | 33.27% | 26.22% |
XVOL Acruence Active Hedge U.S. Equity ETF | 0.84% | 1.09% | 2.86% | 0.29% |
Drawdowns
CCRV vs. XVOL - Drawdown Comparison
The maximum CCRV drawdown since its inception was -24.81%, roughly equal to the maximum XVOL drawdown of -25.82%. Use the drawdown chart below to compare losses from any high point for CCRV and XVOL. For additional features, visit the drawdowns tool.
Volatility
CCRV vs. XVOL - Volatility Comparison
iShares Commodity Curve Carry Strategy ETF (CCRV) and Acruence Active Hedge U.S. Equity ETF (XVOL) have volatilities of 4.66% and 4.47%, 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.