JPLD vs. CCRV

Last updated Jun 23, 2026

JPLD (JPMorgan Limited Duration Bond ETF) and CCRV (iShares Commodity Curve Carry Strategy ETF) are both exchange-traded funds - JPLD is a Short-Term Bond fund actively managed by JPMorgan, while CCRV is a Commodities fund tracking the CCRV-US - ICE BofA Commodity Enhanced Carry Index. JPLD is actively managed, while CCRV is passively managed. At a correlation of -0.12, they often move in opposite directions. JPLD charges 0.24%/yr vs 0.40%/yr for CCRV.

Performance

JPLD vs. CCRV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Limited Duration Bond ETF (JPLD) and iShares Commodity Curve Carry Strategy ETF (CCRV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

JPLD

• 1D: -0.02%
• 1M: 0.26%
• YTD: 1.02%
• 6M: 1.23%
• 1Y: 4.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CCRV

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JPLD vs. CCRV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JPLD JPMorgan Limited Duration Bond ETF	1.02%	6.01%	6.49%	3.15%
CCRV iShares Commodity Curve Carry Strategy ETF	0.00%	-0.05%	5.74%	0.22%

Correlation

The correlation between JPLD and CCRV is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.18
Correlation (All Time) Calculated using the full available price history since Jul 31, 2023	-0.12

Return for Risk

JPLD vs. CCRV — Risk / Return Rank

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

JPLD

JPLD Risk / Return Rank: 90
JPLD Sharpe Ratio Rank: 90
JPLD Sortino Ratio Rank: 93
JPLD Omega Ratio Rank: 92
JPLD Calmar Ratio Rank: 83
JPLD Martin Ratio Rank: 90

CCRV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

JPLD vs. CCRV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Limited Duration Bond ETF (JPLD) 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.

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.

	JPLD	CCRV	Difference
Sharpe ratio: Return per unit of total volatility	2.91	—	—
Sortino ratio: Return per unit of downside risk	4.46	—	—
Omega ratio: Gain probability vs. loss probability	1.60	—	—
Calmar ratio: Return relative to maximum drawdown	4.27	—	—
Martin ratio: Return relative to average drawdown	19.49	—	—

Drawdowns

Drawdown Indicators

	JPLD	CCRV	Difference
Max Drawdown Largest peak-to-trough decline	-1.17%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-1.00%	—	—
Current Drawdown Current decline from peak	-0.34%	—	—
Average Drawdown Average peak-to-trough decline	-0.15%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.22%	—	—

Volatility

Volatility by Period

	JPLD	CCRV	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.53%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.05%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.48%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.84%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.84%	—	—

JPLD vs. CCRV - Expense Ratio Comparison

JPLD has a 0.24% expense ratio, which is lower than CCRV's 0.40% expense ratio.

Dividends

JPLD vs. CCRV - Dividend Comparison

JPLD's dividend yield for the trailing twelve months is around 4.21%, while CCRV has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
CCRV iShares Commodity Curve Carry Strategy ETF	0.00%	0.00%	4.43%	7.26%	33.27%	26.22%
JPLD JPMorgan Limited Duration Bond ETF	4.21%	4.24%	4.47%	1.83%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JPLD and CCRV in my portfolio?

JPLD and CCRV have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JPLD or CCRV?

On fees, JPLD is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JPLD or CCRV?

JPLD is cheaper with a 0.24% expense ratio, compared with 0.40% for CCRV.

Which ETF pays a higher dividend yield, JPLD or CCRV?

JPLD has the higher dividend yield at 4.21%, compared with 0.00% for CCRV.

What is the main difference between JPLD and CCRV?

JPLD is categorized as Short-Term Bond, while CCRV is Commodities. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.24% for JPLD and 0.40% for CCRV.