ESG vs. CCOR

Last updated Apr 1, 2026

Compare and contrast key facts about FlexShares STOXX US ESG Select Index Fund (ESG) and Core Alternative ETF (CCOR).

ESG and CCOR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESG is a passively managed fund by Northern Trust that tracks the performance of the STOXX USA ESG Select KPIs Index. It was launched on Jul 13, 2016. CCOR is an actively managed fund by Core Alternative Capital. It was launched on May 24, 2017.

Performance

ESG vs. CCOR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares STOXX US ESG Select Index Fund (ESG) and Core Alternative ETF (CCOR). The values are adjusted to include any dividend payments, if applicable.

ESG vs. CCOR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ESG FlexShares STOXX US ESG Select Index Fund	-3.94%	16.04%	20.22%	27.86%	-19.89%	28.48%	20.75%	31.74%	-5.17%	14.04%
CCOR Core Alternative ETF	-0.34%	3.52%	-5.70%	-11.92%	2.51%	9.90%	4.07%	6.03%	4.64%	3.68%

Returns By Period

In the year-to-date period, ESG achieves a -3.94% return, which is significantly lower than CCOR's -0.34% return.

ESG

• 1D: 2.39%
• 1M: -4.95%
• YTD: -3.94%
• 6M: -1.14%
• 1Y: 14.10%
• 3Y*: 16.48%
• 5Y*: 10.34%
• 10Y*: —

CCOR

• 1D: 0.65%
• 1M: -4.07%
• YTD: -0.34%
• 6M: 0.35%
• 1Y: -1.48%
• 3Y*: -3.32%
• 5Y*: -0.93%
• 10Y*: —

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

ESG vs. CCOR - Expense Ratio Comparison

ESG has a 0.32% expense ratio, which is lower than CCOR's 1.09% expense ratio.

CCOR

Core Alternative ETF

ESG

FlexShares STOXX US ESG Select Index Fund

Return for Risk

ESG vs. CCOR — Risk / Return Rank

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

ESG

ESG Risk / Return Rank: 51
ESG Sharpe Ratio Rank: 47
ESG Sortino Ratio Rank: 49
ESG Omega Ratio Rank: 53
ESG Calmar Ratio Rank: 50
ESG Martin Ratio Rank: 59

CCOR

CCOR Risk / Return Rank: 9
CCOR Sharpe Ratio Rank: 9
CCOR Sortino Ratio Rank: 8
CCOR Omega Ratio Rank: 8
CCOR Calmar Ratio Rank: 9
CCOR Martin Ratio Rank: 9

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.

ESG vs. CCOR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares STOXX US ESG Select Index Fund (ESG) and Core Alternative ETF (CCOR). 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.

	ESG	CCOR	Difference
Sharpe ratio Return per unit of total volatility	0.81	-0.14	+0.95
Sortino ratio Return per unit of downside risk	1.27	-0.14	+1.41
Omega ratio Gain probability vs. loss probability	1.19	0.98	+0.21
Calmar ratio Return relative to maximum drawdown	1.19	-0.19	+1.38
Martin ratio Return relative to average drawdown	5.61	-0.35	+5.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ESG vs. CCOR - Sharpe Ratio Comparison

The current ESG Sharpe Ratio is 0.81, which is higher than the CCOR Sharpe Ratio of -0.14. The chart below compares the historical Sharpe Ratios of ESG and CCOR, 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

	ESG	CCOR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.81	-0.14	+0.95
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	-0.08	+0.70
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.15	+0.59

Correlation

The correlation between ESG and CCOR is 0.24, 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.

Dividends

ESG vs. CCOR - Dividend Comparison

ESG's dividend yield for the trailing twelve months is around 1.01%, less than CCOR's 1.07% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ESG FlexShares STOXX US ESG Select Index Fund	1.01%	0.96%	1.18%	1.10%	1.38%	1.03%	1.33%	1.51%	1.72%	1.52%	0.92%
CCOR Core Alternative ETF	1.07%	1.07%	1.18%	1.21%	1.11%	1.02%	1.50%	0.73%	1.53%	0.89%	0.00%

Drawdowns

ESG vs. CCOR - Drawdown Comparison

The maximum ESG drawdown since its inception was -32.53%, which is greater than CCOR's maximum drawdown of -22.99%. Use the drawdown chart below to compare losses from any high point for ESG and CCOR.

Drawdown Indicators

	ESG	CCOR	Difference
Max Drawdown Largest peak-to-trough decline	-32.53%	-22.99%	-9.54%
Max Drawdown (1Y) Largest decline over 1 year	-12.29%	-9.17%	-3.12%
Max Drawdown (5Y) Largest decline over 5 years	-26.04%	-22.99%	-3.05%
Current Drawdown Current decline from peak	-6.49%	-17.23%	+10.74%
Average Drawdown Average peak-to-trough decline	-5.14%	-7.07%	+1.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.61%	4.95%	-2.34%

Volatility

ESG vs. CCOR - Volatility Comparison

FlexShares STOXX US ESG Select Index Fund (ESG) has a higher volatility of 4.75% compared to Core Alternative ETF (CCOR) at 2.17%. This indicates that ESG's price experiences larger fluctuations and is considered to be riskier than CCOR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ESG	CCOR	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.75%	2.17%	+2.58%
Volatility (6M) Calculated over the trailing 6-month period	8.67%	5.44%	+3.23%
Volatility (1Y) Calculated over the trailing 1-year period	17.43%	10.74%	+6.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.75%	11.13%	+5.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.46%	10.81%	+7.65%