NTR vs. CERY
NTR (Nutrien Ltd.) is a stock, while CERY (SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF) is Commodities fund tracking the Bloomberg Enhanced Roll Yield Total Return Index. Over the past year, NTR returned 11.02% vs 29.64% for CERY. At a 0.43 correlation, their price movements are largely independent.
Performance
NTR vs. CERY - Performance Comparison
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Returns By Period
In the year-to-date period, NTR achieves a 7.75% return, which is significantly lower than CERY's 20.77% return.
NTR
- 1D
- 1.33%
- 1M
- 0.71%
- 6M
- 11.17%
- YTD
- 7.75%
- 1Y
- 11.02%
- 3Y*
- 6.86%
- 5Y*
- 5.01%
- 10Y*
- —
CERY
- 1D
- 0.00%
- 1M
- -2.91%
- 6M
- 16.72%
- YTD
- 20.77%
- 1Y
- 29.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NTR vs. CERY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
NTR Nutrien Ltd. | 7.75% | 43.33% | -2.47% |
CERY SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF | 20.77% | 15.68% | 3.80% |
Correlation
The correlation between NTR and CERY is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Sep 5, 2024 | 0.43 |
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Return for Risk
NTR vs. CERY — Risk / Return Rank
NTR
CERY
NTR vs. CERY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nutrien Ltd. (NTR) and SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (CERY). 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.
| NTR | CERY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.61 | ||
| Sortino ratioReturn per unit of downside risk | -1.89 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.34 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.41 | 2.15 | -1.74 |
| Martin ratioReturn relative to average drawdown | 1.12 | 7.97 | -6.85 |
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Drawdowns
NTR vs. CERY - Drawdown Comparison
The maximum NTR drawdown since its inception was -57.80%, which is greater than CERY's maximum drawdown of -14.33%. Use the drawdown chart below to compare losses from any high point for NTR and CERY.
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Drawdown Indicators
| NTR | CERY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.80% | -14.33% | -43.47% |
Max Drawdown (1Y)Largest decline over 1 year | -27.56% | -14.33% | -13.23% |
Max Drawdown (3Y)Largest decline over 3 years | -32.82% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -57.80% | — | — |
Current DrawdownCurrent decline from peak | -32.96% | -10.46% | -22.50% |
Average DrawdownAverage peak-to-trough decline | -26.25% | -2.56% | -23.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.14% | 3.86% | +6.28% |
Volatility
NTR vs. CERY - Volatility Comparison
Nutrien Ltd. (NTR) has a higher volatility of 8.92% compared to SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (CERY) at 4.37%. This indicates that NTR's price experiences larger fluctuations and is considered to be riskier than CERY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NTR | CERY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.92% | 4.37% | +4.55% |
Volatility (6M)Calculated over the trailing 6-month period | 25.80% | 13.59% | +12.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.15% | 15.73% | +16.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.17% | 14.81% | +19.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.95% | 14.81% | +19.14% |
Dividends
NTR vs. CERY - Dividend Comparison
NTR's dividend yield for the trailing twelve months is around 3.35%, less than CERY's 4.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
CERY SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF | 4.14% | 4.99% | 0.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NTR Nutrien Ltd. | 3.35% | 3.53% | 4.83% | 3.76% | 3.51% | 2.45% | 3.74% | 3.67% | 3.47% |
Frequently Asked Questions
NTR and CERY have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NTR has higher volatility (8.92%) compared to CERY (4.37%). In terms of maximum drawdown, NTR dropped -57.80% vs CERY's -14.33%.
CERY currently has the higher Sharpe Ratio (1.96 vs 0.36), 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.
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