CCSB vs. BSV
CCSB (Carbon Collective Short Duration Green Bond ETF) and BSV (Vanguard Short-Term Bond Index Fund ETF Shares) are both Short-Term Bond funds. CCSB is actively managed, while BSV is passively managed. Over the past year, CCSB returned 1.12% vs 2.36% for BSV. Their 0.55 correlation means they have sometimes moved together and sometimes differently. CCSB charges 0.51%/yr vs 0.03%/yr for BSV.
Performance
CCSB vs. BSV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CCSB achieves a 0.62% return, which is significantly higher than BSV's 0.42% return.
CCSB
- 1D
- -0.20%
- 1M
- -0.69%
- 6M
- 0.07%
- YTD
- 0.62%
- 1Y
- 1.12%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.86%
BSV
- 1D
- -0.08%
- 1M
- -0.22%
- 6M
- 0.27%
- YTD
- 0.42%
- 1Y
- 2.36%
- 3Y*
- 4.55%
- 5Y*
- 1.61%
- 10Y*
- 1.90%
- ALL TIME*
- 2.51%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $124.18M | $168.72M | $200.19M | |
| $64.32K | $78.00K | $93.93K |
CCSB vs. BSV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CCSB Carbon Collective Short Duration Green Bond ETF | 0.62% | 4.37% | 3.89% |
BSV Vanguard Short-Term Bond Index Fund ETF Shares | 0.42% | 6.00% | 4.49% |
Correlation
The correlation between CCSB and BSV is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.70 |
Correlation (All Time) Calculated using the full available price history since Apr 12, 2024 | 0.55 |
The correlation between CCSB and BSV shifts across timeframes, from 0.55 (all time) to 0.70 (1 year), 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
CCSB vs. BSV — Risk / Return Rank
CCSB
BSV
CCSB vs. BSV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Carbon Collective Short Duration Green Bond ETF (CCSB) and Vanguard Short-Term Bond Index Fund ETF Shares (BSV). 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.
| CCSB | BSV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.57 | ||
| Sortino ratioReturn per unit of downside risk | -2.31 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.31 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.10 | 2.33 | -2.22 |
| Martin ratioReturn relative to average drawdown | 0.14 | 7.21 | -7.07 |
Loading charts...
Drawdowns
CCSB vs. BSV - Drawdown Comparison
The maximum CCSB drawdown since its inception was -14.95%, which is greater than BSV's maximum drawdown of -8.54%. Use the drawdown chart below to compare losses from any high point for CCSB and BSV.
Loading charts...
Drawdown Indicators
| CCSB | BSV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.95% | -8.54% | -6.41% |
Max Drawdown (1Y)Largest decline over 1 year | -14.95% | -1.29% | -13.66% |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.53% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -8.48% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -8.54% | — |
Current DrawdownCurrent decline from peak | -11.68% | -0.50% | -11.18% |
Average DrawdownAverage peak-to-trough decline | -4.83% | -0.97% | -3.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.29% | 0.42% | +10.87% |
Volatility
CCSB vs. BSV - Volatility Comparison
Carbon Collective Short Duration Green Bond ETF (CCSB) has a higher volatility of 0.74% compared to Vanguard Short-Term Bond Index Fund ETF Shares (BSV) at 0.49%. This indicates that CCSB's price experiences larger fluctuations and is considered to be riskier than BSV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CCSB | BSV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.74% | 0.49% | +0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 2.31% | 1.41% | +0.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.19% | 1.81% | +17.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.97% | 2.74% | +10.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.97% | 2.38% | +10.59% |
CCSB vs. BSV - Expense Ratio Comparison
CCSB has a 0.51% expense ratio, which is higher than BSV's 0.03% expense ratio.
Dividends
CCSB vs. BSV - Dividend Comparison
CCSB's dividend yield for the trailing twelve months is around 4.63%, more than BSV's 4.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSV Vanguard Short-Term Bond Index Fund ETF Shares | 3.68% | 3.83% | 3.38% | 2.46% | 1.50% | 1.45% | 1.79% | 2.29% | 1.99% | 1.65% | 1.48% | 1.40% |
CCSB Carbon Collective Short Duration Green Bond ETF | 4.63% | 4.79% | 3.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CCSB and BSV have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CCSB has higher volatility (0.74%) compared to BSV (0.49%). In terms of maximum drawdown, CCSB dropped -14.95% vs BSV's -8.54%.
On 1-year performance, BSV leads with 2.36% vs 1.12% for CCSB. On fees, BSV is cheaper at 0.03% per year. On volatility, BSV has been the lower-risk option at 0.49%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, BSV has performed better with a 2.36% return vs 1.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BSV is cheaper with a 0.03% expense ratio, compared with 0.51% for CCSB.
CCSB has the higher dividend yield at 4.63%, compared with 3.68% for BSV.
They also come from different issuers: Carbon Collective and Vanguard. Their fees differ too: 0.51% for CCSB and 0.03% for BSV.
BSV currently has the higher Sharpe Ratio (1.66 vs 0.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for CCSB and BSV
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