KRBN vs. CCOM

Last updated Jul 15, 2026

KRBN (KraneShares Global Carbon ETF) and CCOM (Simplify Chinese Commodities Strategy No K-1 ETF) are both Commodities funds. KRBN is passively managed, while CCOM is actively managed. At a correlation of -0.11, they often move in opposite directions. KRBN charges 0.79%/yr vs 0.99%/yr for CCOM.

Performance

KRBN vs. CCOM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares Global Carbon ETF (KRBN) and Simplify Chinese Commodities Strategy No K-1 ETF (CCOM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KRBN

• 1D: 0.65%
• 1M: 4.12%
• 6M: -5.53%
• YTD: -4.41%
• 1Y: 15.24%
• 3Y*: 0.09%
• 5Y*: 6.66%
• 10Y*: —

CCOM

• 1D: -1.89%
• 1M: -1.53%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KRBN vs. CCOM - Yearly Performance Comparison

	2026 (YTD)
KRBN KraneShares Global Carbon ETF	-3.04%
CCOM Simplify Chinese Commodities Strategy No K-1 ETF	-5.51%

Correlation

The correlation between KRBN and CCOM is -0.11, 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 (All Time) Calculated using the full available price history since Jan 27, 2026	-0.11

Return for Risk

KRBN vs. CCOM — Risk / Return Rank

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

KRBN

KRBN Risk / Return Rank: 23
KRBN Sharpe Ratio Rank: 27
KRBN Sortino Ratio Rank: 25
KRBN Omega Ratio Rank: 27
KRBN Calmar Ratio Rank: 18
KRBN Martin Ratio Rank: 18

CCOM

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.

KRBN vs. CCOM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Global Carbon ETF (KRBN) and Simplify Chinese Commodities Strategy No K-1 ETF (CCOM). 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.

	KRBN	CCOM	Difference
Sharpe ratio: Return per unit of total volatility	0.80	—	—
Sortino ratio: Return per unit of downside risk	1.15	—	—
Omega ratio: Gain probability vs. loss probability	1.15	—	—
Calmar ratio: Return relative to maximum drawdown	0.61	—	—
Martin ratio: Return relative to average drawdown	1.53	—	—

Drawdowns

KRBN vs. CCOM - Drawdown Comparison

The maximum KRBN drawdown since its inception was -36.42%, which is greater than CCOM's maximum drawdown of -7.44%. Use the drawdown chart below to compare losses from any high point for KRBN and CCOM.

Drawdown Indicators

	KRBN	CCOM	Difference
Max Drawdown Largest peak-to-trough decline	-36.42%	-7.44%	-28.98%
Max Drawdown (1Y) Largest decline over 1 year	-24.98%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-27.34%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-36.42%	—	—
Current Drawdown Current decline from peak	-12.86%	-7.44%	-5.42%
Average Drawdown Average peak-to-trough decline	-16.10%	-2.96%	-13.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.95%	—	—

Volatility

Volatility by Period

	KRBN	CCOM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.73%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.95%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.02%	13.01%	+6.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.83%	13.01%	+14.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.45%	13.01%	+15.44%

KRBN vs. CCOM - Expense Ratio Comparison

KRBN has a 0.79% expense ratio, which is lower than CCOM's 0.99% expense ratio.

Dividends

KRBN vs. CCOM - Dividend Comparison

KRBN's dividend yield for the trailing twelve months is around 1.99%, more than CCOM's 1.29% yield.

Position	TTM	2025	2024	2023	2022	2021
CCOM Simplify Chinese Commodities Strategy No K-1 ETF	1.29%	0.00%	0.00%	0.00%	0.00%	0.00%
KRBN KraneShares Global Carbon ETF	1.99%	1.90%	7.10%	7.60%	22.91%	0.49%

Frequently Asked Questions

Can I hold both KRBN and CCOM in my portfolio?

KRBN and CCOM have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KRBN or CCOM?

On fees, KRBN is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KRBN or CCOM?

KRBN is cheaper with a 0.79% expense ratio, compared with 0.99% for CCOM.

Which ETF pays a higher dividend yield, KRBN or CCOM?

KRBN has the higher dividend yield at 1.99%, compared with 1.29% for CCOM.

What is the main difference between KRBN and CCOM?

They also come from different issuers: CICC and Simplify. Their fees differ too: 0.79% for KRBN and 0.99% for CCOM.