CCSZX vs. CCRSX

Last updated Jun 24, 2026

CCSZX (Columbia Commodity Strategy Fund) and CCRSX (Credit Suisse Trust Commodity Return Strategy Portfolio) are both Commodities funds. Over the past 10 years, CCSZX returned 6.77%/yr vs 25.76%/yr for CCRSX. With a 0.96 correlation, they move nearly in lockstep. CCSZX charges 0.86%/yr vs 1.05%/yr for CCRSX.

Performance

CCSZX vs. CCRSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Commodity Strategy Fund (CCSZX) and Credit Suisse Trust Commodity Return Strategy Portfolio (CCRSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CCSZX achieves a 21.56% return, which is significantly higher than CCRSX's 17.09% return. Over the past 10 years, CCSZX has underperformed CCRSX with an annualized return of 6.77%, while CCRSX has yielded a comparatively higher 25.76% annualized return.

CCSZX

• 1D: -0.99%
• 1M: -6.97%
• YTD: 21.56%
• 6M: 20.34%
• 1Y: 29.38%
• 3Y*: 13.66%
• 5Y*: 12.22%
• 10Y*: 6.77%

CCRSX

• 1D: -0.76%
• 1M: -8.99%
• YTD: 17.09%
• 6M: 15.64%
• 1Y: 24.27%
• 3Y*: 11.87%
• 5Y*: 57.50%
• 10Y*: 25.76%

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

CCSZX vs. CCRSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CCSZX Columbia Commodity Strategy Fund	21.56%	15.36%	7.11%	-6.90%	15.80%	31.34%	-1.17%	7.45%	-14.09%	1.71%
CCRSX Credit Suisse Trust Commodity Return Strategy Portfolio	17.09%	15.37%	4.86%	-8.88%	15.71%	667.99%	-1.49%	6.69%	-11.63%	-7.99%

Correlation

The correlation between CCSZX and CCRSX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.96
Correlation (All Time) Calculated using the full available price history since Jun 18, 2012	0.96

The correlation between CCSZX and CCRSX has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

Return for Risk

CCSZX vs. CCRSX — Risk / Return Rank

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

CCSZX

CCSZX Risk / Return Rank: 43
CCSZX Sharpe Ratio Rank: 37
CCSZX Sortino Ratio Rank: 32
CCSZX Omega Ratio Rank: 36
CCSZX Calmar Ratio Rank: 60
CCSZX Martin Ratio Rank: 51

CCRSX

CCRSX Risk / Return Rank: 28
CCRSX Sharpe Ratio Rank: 27
CCRSX Sortino Ratio Rank: 22
CCRSX Omega Ratio Rank: 26
CCRSX Calmar Ratio Rank: 29
CCRSX Martin Ratio Rank: 36

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.

CCSZX vs. CCRSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Commodity Strategy Fund (CCSZX) and Credit Suisse Trust Commodity Return Strategy Portfolio (CCRSX). 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.

	CCSZX	CCRSX	Difference
Sharpe ratio: Return per unit of total volatility	1.64	1.37	+0.28
Sortino ratio: Return per unit of downside risk	2.16	1.83	+0.33
Omega ratio: Gain probability vs. loss probability	1.29	1.25	+0.05
Calmar ratio: Return relative to maximum drawdown	2.86	1.93	+0.93
Martin ratio: Return relative to average drawdown	9.86	7.48	+2.38

CCSZX vs. CCRSX - Sharpe Ratio Comparison

The current CCSZX Sharpe Ratio is 1.64, which is comparable to the CCRSX Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of CCSZX and CCRSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CCSZX vs. CCRSX - Drawdown Comparison

The maximum CCSZX drawdown since its inception was -61.34%, smaller than the maximum CCRSX drawdown of -78.02%. Use the drawdown chart below to compare losses from any high point for CCSZX and CCRSX.

Drawdown Indicators

	CCSZX	CCRSX	Difference
Max Drawdown Largest peak-to-trough decline	-61.34%	-78.02%	+16.68%
Max Drawdown (1Y) Largest decline over 1 year	-9.56%	-11.76%	+2.20%
Max Drawdown (3Y) Largest decline over 3 years	-11.17%	-11.76%	+0.59%
Max Drawdown (5Y) Largest decline over 5 years	-27.86%	-25.53%	-2.33%
Max Drawdown (10Y) Largest decline over 10 years	-34.16%	-36.73%	+2.57%
Current Drawdown Current decline from peak	-9.56%	-11.76%	+2.20%
Average Drawdown Average peak-to-trough decline	-31.26%	-41.24%	+9.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.89%	3.27%	-0.38%

Volatility

CCSZX vs. CCRSX - Volatility Comparison

Columbia Commodity Strategy Fund (CCSZX) and Credit Suisse Trust Commodity Return Strategy Portfolio (CCRSX) have volatilities of 3.75% and 3.87%, 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.

Volatility by Period

	CCSZX	CCRSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.75%	3.87%	-0.12%
Volatility (6M) Calculated over the trailing 6-month period	14.49%	14.45%	+0.04%
Volatility (1Y) Calculated over the trailing 1-year period	16.65%	16.60%	+0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.88%	222.80%	-205.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.91%	157.73%	-142.82%

CCSZX vs. CCRSX - Expense Ratio Comparison

CCSZX has a 0.86% expense ratio, which is lower than CCRSX's 1.05% expense ratio.

Dividends

CCSZX vs. CCRSX - Dividend Comparison

CCSZX's dividend yield for the trailing twelve months is around 2.47%, less than CCRSX's 11.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CCRSX Credit Suisse Trust Commodity Return Strategy Portfolio	11.84%	3.98%	2.95%	26.59%	18.97%	4.82%	5.51%	0.86%	2.91%	0.00%
CCSZX Columbia Commodity Strategy Fund	2.47%	3.00%	8.84%	4.42%	94.73%	36.39%	0.13%	1.09%	18.52%	0.09%

Frequently Asked Questions

Can I hold both CCSZX and CCRSX in my portfolio?

With a correlation of 0.94, CCSZX and CCRSX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, CCSZX or CCRSX?

CCRSX has higher volatility (3.87%) compared to CCSZX (3.75%). In terms of maximum drawdown, CCSZX dropped -61.34% vs CCRSX's -78.02%.

Which has better risk-adjusted returns?

CCSZX currently has the higher Sharpe Ratio (1.64 vs 1.37), 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.