CCSO vs. SPFFX

Last updated Apr 1, 2026

Compare and contrast key facts about Carbon Collective Climate Solutions U.S. Equity ETF (CCSO) and Sphere 500 Fossil Free Fund (SPFFX).

CCSO is an actively managed fund by Carbon Collective. It was launched on Sep 19, 2022. SPFFX is managed by Reflection Asset Management. It was launched on Oct 3, 2021.

Performance

CCSO vs. SPFFX - 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 Sphere 500 Fossil Free Fund (SPFFX). The values are adjusted to include any dividend payments, if applicable.

CCSO vs. SPFFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CCSO Carbon Collective Climate Solutions U.S. Equity ETF	4.39%	21.79%	3.89%	14.58%	-11.56%
SPFFX Sphere 500 Fossil Free Fund	-9.28%	18.12%	25.13%	29.48%	-1.52%

Returns By Period

In the year-to-date period, CCSO achieves a 4.39% return, which is significantly higher than SPFFX's -9.28% return.

CCSO

• 1D: 3.93%
• 1M: -6.59%
• YTD: 4.39%
• 6M: 3.47%
• 1Y: 35.06%
• 3Y*: 11.79%
• 5Y*: —
• 10Y*: —

SPFFX

• 1D: -0.33%
• 1M: -8.34%
• YTD: -9.28%
• 6M: -7.06%
• 1Y: 13.01%
• 3Y*: 17.09%
• 5Y*: —
• 10Y*: —

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

CCSO vs. SPFFX - Expense Ratio Comparison

CCSO has a 0.35% expense ratio, which is higher than SPFFX's 0.11% expense ratio.

CCSO

Carbon Collective Climate Solutions U.S. Equity ETF

SPFFX

Sphere 500 Fossil Free Fund

Return for Risk

CCSO vs. SPFFX — Risk / Return Rank

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

CCSO

CCSO Risk / Return Rank: 79
CCSO Sharpe Ratio Rank: 78
CCSO Sortino Ratio Rank: 80
CCSO Omega Ratio Rank: 72
CCSO Calmar Ratio Rank: 86
CCSO Martin Ratio Rank: 80

SPFFX

SPFFX Risk / Return Rank: 34
SPFFX Sharpe Ratio Rank: 32
SPFFX Sortino Ratio Rank: 34
SPFFX Omega Ratio Rank: 36
SPFFX Calmar Ratio Rank: 33
SPFFX Martin Ratio Rank: 37

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. SPFFX - 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 Sphere 500 Fossil Free Fund (SPFFX). 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	SPFFX	Difference
Sharpe ratio Return per unit of total volatility	1.46	0.71	+0.75
Sortino ratio Return per unit of downside risk	2.09	1.14	+0.95
Omega ratio Gain probability vs. loss probability	1.27	1.17	+0.10
Calmar ratio Return relative to maximum drawdown	2.70	0.91	+1.79
Martin ratio Return relative to average drawdown	8.78	3.88	+4.91
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. SPFFX - Sharpe Ratio Comparison

The current CCSO Sharpe Ratio is 1.46, which is higher than the SPFFX Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of CCSO and SPFFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CCSO	SPFFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.46	0.71	+0.75
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.57	-0.19

Correlation

The correlation between CCSO and SPFFX is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

CCSO vs. SPFFX - Dividend Comparison

CCSO's dividend yield for the trailing twelve months is around 0.61%, less than SPFFX's 7.50% yield.

	TTM	2025	2024	2023	2022	2021
CCSO Carbon Collective Climate Solutions U.S. Equity ETF	0.61%	0.63%	0.53%	0.80%	0.24%	0.00%
SPFFX Sphere 500 Fossil Free Fund	7.50%	6.80%	1.06%	1.32%	0.73%	0.14%

Drawdowns

CCSO vs. SPFFX - Drawdown Comparison

The maximum CCSO drawdown since its inception was -23.69%, smaller than the maximum SPFFX drawdown of -25.11%. Use the drawdown chart below to compare losses from any high point for CCSO and SPFFX.

Drawdown Indicators

	CCSO	SPFFX	Difference
Max Drawdown Largest peak-to-trough decline	-23.69%	-25.11%	+1.42%
Max Drawdown (1Y) Largest decline over 1 year	-13.09%	-12.14%	-0.95%
Current Drawdown Current decline from peak	-8.15%	-10.75%	+2.60%
Average Drawdown Average peak-to-trough decline	-7.25%	-6.60%	-0.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.02%	2.86%	+1.16%

Volatility

CCSO vs. SPFFX - Volatility Comparison

Carbon Collective Climate Solutions U.S. Equity ETF (CCSO) has a higher volatility of 8.63% compared to Sphere 500 Fossil Free Fund (SPFFX) at 4.70%. This indicates that CCSO's price experiences larger fluctuations and is considered to be riskier than SPFFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CCSO	SPFFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.63%	4.70%	+3.93%
Volatility (6M) Calculated over the trailing 6-month period	16.81%	10.07%	+6.74%
Volatility (1Y) Calculated over the trailing 1-year period	24.04%	19.14%	+4.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.17%	17.24%	+5.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.17%	17.24%	+5.93%