CCSO vs. RUNN

Last updated Jun 5, 2026

CCSO (Carbon Collective Climate Solutions U.S. Equity ETF) and RUNN (Running Oak Efficient Growth ETF) are both Mid Cap Blend Equities funds. Both are actively managed. Over the past year, CCSO returned 36.05% vs -0.93% for RUNN. A 0.63 correlation means they provide meaningful diversification when combined. CCSO charges 0.35%/yr vs 0.58%/yr for RUNN.

Performance

CCSO vs. RUNN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Carbon Collective Climate Solutions U.S. Equity ETF (CCSO) and Running Oak Efficient Growth ETF (RUNN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CCSO achieves a 20.39% return, which is significantly higher than RUNN's -2.05% return.

CCSO

• 1D: -0.01%
• 1M: 3.23%
• YTD: 20.39%
• 6M: 17.54%
• 1Y: 36.05%
• 3Y*: 18.13%
• 5Y*: —
• 10Y*: —

RUNN

• 1D: 0.98%
• 1M: -0.71%
• YTD: -2.05%
• 6M: -2.63%
• 1Y: -0.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CCSO vs. RUNN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CCSO Carbon Collective Climate Solutions U.S. Equity ETF	20.39%	21.79%	3.89%	6.05%
RUNN Running Oak Efficient Growth ETF	-2.05%	2.30%	17.16%	12.05%

Correlation

The correlation between CCSO and RUNN is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (All Time) Calculated using the full available price history since Jun 9, 2023	0.63

The correlation between CCSO and RUNN shifts across timeframes, from 0.51 (1 year) to 0.63 (all time), reflecting how their relationship changes across market environments.

CCSO vs. RUNN - Sectors Allocation Comparison

Sectors	CCSO	RUNN
Industrials	53.5%	39.4%
Basic Materials	15.2%	2.0%
Consumer Cyclical	9.3%	8.3%
Technology	8.3%	17.8%
Energy	7.0%	-
Utilities	6.2%	-
Financial Services	0.4%	12.8%
Consumer Defensive	0.1%	-
Communication Services	-	2.1%
Healthcare	-	13.3%
Real Estate	-	-

Return for Risk

CCSO vs. RUNN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CCSO

CCSO Risk / Return Rank: 52
CCSO Sharpe Ratio Rank: 50
CCSO Sortino Ratio Rank: 48
CCSO Omega Ratio Rank: 45
CCSO Calmar Ratio Rank: 64
CCSO Martin Ratio Rank: 55

RUNN

RUNN Risk / Return Rank: 8
RUNN Sharpe Ratio Rank: 8
RUNN Sortino Ratio Rank: 8
RUNN Omega Ratio Rank: 8
RUNN Calmar Ratio Rank: 8
RUNN Martin Ratio Rank: 8

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.

CCSO vs. RUNN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Carbon Collective Climate Solutions U.S. Equity ETF (CCSO) and Running Oak Efficient Growth ETF (RUNN). 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.

	CCSO	RUNN	Difference
Sharpe ratio: Return per unit of total volatility	1.69	-0.07	+1.77
Sortino ratio: Return per unit of downside risk	2.35	-0.01	+2.36
Omega ratio: Gain probability vs. loss probability	1.28	1.00	+0.29
Calmar ratio: Return relative to maximum drawdown	3.12	-0.09	+3.21
Martin ratio: Return relative to average drawdown	9.28	-0.21	+9.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CCSO vs. RUNN - Sharpe Ratio Comparison

The current CCSO Sharpe Ratio is 1.69, which is higher than the RUNN Sharpe Ratio of -0.07. The chart below compares the historical Sharpe Ratios of CCSO and RUNN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CCSO	RUNN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.69	-0.07	+1.77
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.70	-0.16

Drawdowns

CCSO vs. RUNN - Drawdown Comparison

The maximum CCSO drawdown since its inception was -23.69%, which is greater than RUNN's maximum drawdown of -16.83%. Use the drawdown chart below to compare losses from any high point for CCSO and RUNN.

Drawdown Indicators

	CCSO	RUNN	Difference
Max Drawdown Largest peak-to-trough decline	-23.69%	-16.83%	-6.86%
Max Drawdown (1Y) Largest decline over 1 year	-11.62%	-10.34%	-1.28%
Max Drawdown (3Y) Largest decline over 3 years	-23.69%	—	—
Current Drawdown Current decline from peak	-1.27%	-6.99%	+5.72%
Average Drawdown Average peak-to-trough decline	-7.01%	-3.54%	-3.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.89%	4.36%	-0.47%

Volatility

CCSO vs. RUNN - Volatility Comparison

Carbon Collective Climate Solutions U.S. Equity ETF (CCSO) has a higher volatility of 7.15% compared to Running Oak Efficient Growth ETF (RUNN) at 3.69%. This indicates that CCSO's price experiences larger fluctuations and is considered to be riskier than RUNN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CCSO	RUNN	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.15%	3.69%	+3.46%
Volatility (6M) Calculated over the trailing 6-month period	16.47%	9.75%	+6.72%
Volatility (1Y) Calculated over the trailing 1-year period	21.38%	12.87%	+8.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.17%	13.81%	+9.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.17%	13.81%	+9.36%

CCSO vs. RUNN - Expense Ratio Comparison

CCSO has a 0.35% expense ratio, which is lower than RUNN's 0.58% expense ratio.

Dividends

CCSO vs. RUNN - Dividend Comparison

CCSO's dividend yield for the trailing twelve months is around 0.53%, less than RUNN's 0.57% yield.

Position	TTM	2025	2024	2023	2022
CCSO Carbon Collective Climate Solutions U.S. Equity ETF	0.53%	0.63%	0.53%	0.80%	0.24%
RUNN Running Oak Efficient Growth ETF	0.57%	0.55%	0.39%	0.33%	0.00%

Frequently Asked Questions

Can I hold both CCSO and RUNN in my portfolio?

CCSO and RUNN have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CCSO or RUNN?

CCSO has higher volatility (7.15%) compared to RUNN (3.69%). In terms of maximum drawdown, CCSO dropped -23.69% vs RUNN's -16.83%.

Which ETF is better, CCSO or RUNN?

On 1-year performance, CCSO leads with 36.05% vs -0.93% for RUNN. On fees, CCSO is cheaper at 0.35% per year. On volatility, RUNN has been the lower-risk option at 3.69%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CCSO or RUNN?

Over the 1-year period, CCSO has performed better with a 36.05% return vs -0.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CCSO or RUNN?

CCSO is cheaper with a 0.35% expense ratio, compared with 0.58% for RUNN.

Which ETF pays a higher dividend yield, CCSO or RUNN?

RUNN has the higher dividend yield at 0.57%, compared with 0.53% for CCSO.

What is the main difference between CCSO and RUNN?

They also come from different issuers: Carbon Collective and Running Oak Capital. Their fees differ too: 0.35% for CCSO and 0.58% for RUNN.

Which has better risk-adjusted returns?

CCSO currently has the higher Sharpe Ratio (1.69 vs -0.07), 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.