CMT vs. CCRV
Compare and contrast key facts about Core Molding Technologies, Inc. (CMT) and iShares Commodity Curve Carry Strategy ETF (CCRV).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMT or CCRV.
Key characteristics
| CMT | CCRV | |
|---|---|---|
| YTD Return | 4.53% | 11.28% |
| 1Y Return | 5.16% | 20.79% |
| 3Y Return (Ann) | 20.60% | 17.73% |
| Sharpe Ratio | 0.08 | 1.40 |
| Daily Std Dev | 54.12% | 14.92% |
| Max Drawdown | -96.21% | -24.81% |
| Current Drawdown | -34.67% | -0.58% |
Correlation
The correlation between CMT and CCRV is 0.04, 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.
Performance
CMT vs. CCRV - Performance Comparison
In the year-to-date period, CMT achieves a 4.53% return, which is significantly lower than CCRV's 11.28% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CMT vs. CCRV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Core Molding Technologies, Inc. (CMT) and iShares Commodity Curve Carry Strategy ETF (CCRV). 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
CMT vs. CCRV - Dividend Comparison
CMT has not paid dividends to shareholders, while CCRV's dividend yield for the trailing twelve months is around 6.52%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
CMT Core Molding Technologies, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.41% | 0.46% |
CCRV iShares Commodity Curve Carry Strategy ETF | 6.52% | 7.26% | 33.27% | 26.22% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CMT vs. CCRV - Drawdown Comparison
The maximum CMT drawdown since its inception was -96.21%, which is greater than CCRV's maximum drawdown of -24.81%. Use the drawdown chart below to compare losses from any high point for CMT and CCRV. For additional features, visit the drawdowns tool.
Volatility
CMT vs. CCRV - Volatility Comparison
Core Molding Technologies, Inc. (CMT) has a higher volatility of 12.84% compared to iShares Commodity Curve Carry Strategy ETF (CCRV) at 2.39%. This indicates that CMT's price experiences larger fluctuations and is considered to be riskier than CCRV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.