REIT vs. CCNR

Last updated Aug 4, 2026

REIT (ALPS Active REIT ETF) and CCNR (ALPS/CoreCommodity Natural Resources ETF) are both exchange-traded funds - REIT is a REIT fund actively managed by ALPS, while CCNR is a Natural Resources fund actively managed by ALPS. Both are actively managed. Over the past year, REIT returned 23.92% vs 50.28% for CCNR. Their 0.28 correlation means their historical movements had little consistent relationship. REIT charges 0.68%/yr vs 0.39%/yr for CCNR.

Performance

REIT vs. CCNR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS Active REIT ETF (REIT) and ALPS/CoreCommodity Natural Resources ETF (CCNR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, REIT achieves a 20.12% return, which is significantly higher than CCNR's 16.37% return.

REIT

• 1D: -0.09%
• 1M: 1.02%
• 6M: 18.13%
• YTD: 20.12%
• 1Y: 23.92%
• 3Y*: 11.60%
• 5Y*: 4.86%
• 10Y*: —
• ALL TIME*: 8.08%

CCNR

• 1D: 0.17%
• 1M: 2.70%
• 6M: 2.27%
• YTD: 16.37%
• 1Y: 50.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 24.52%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CCNR ALPS/CoreCommodity Natural Resources ETF	$256.37K	$2.34M	$1.27M
REIT ALPS Active REIT ETF	$500.56K	$377.29K	$328.09K

REIT vs. CCNR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
REIT ALPS Active REIT ETF	20.12%	-0.55%	8.16%
CCNR ALPS/CoreCommodity Natural Resources ETF	16.37%	46.48%	-7.79%

Correlation

The correlation between REIT and CCNR is 0.22, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.22
Correlation (All Time) Calculated using the full available price history since Jul 11, 2024	0.28

Return for Risk

REIT vs. CCNR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

REIT

REIT Risk / Return Rank: 77
REIT Sharpe Ratio Rank: 77
REIT Sortino Ratio Rank: 74
REIT Omega Ratio Rank: 74
REIT Calmar Ratio Rank: 84
REIT Martin Ratio Rank: 78

CCNR

CCNR Risk / Return Rank: 90
CCNR Sharpe Ratio Rank: 94
CCNR Sortino Ratio Rank: 91
CCNR Omega Ratio Rank: 92
CCNR Calmar Ratio Rank: 90
CCNR Martin Ratio Rank: 83

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

REIT vs. CCNR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS Active REIT ETF (REIT) and ALPS/CoreCommodity Natural Resources ETF (CCNR). 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.

	REIT	CCNR	Difference
Sharpe ratio: Return per unit of total volatility	1.80	2.72	-0.92
Sortino ratio: Return per unit of downside risk	2.45	3.34	-0.89
Omega ratio: Gain probability vs. loss probability	1.32	1.46	-0.15
Calmar ratio: Return relative to maximum drawdown	3.27	3.92	-0.66
Martin ratio: Return relative to average drawdown	10.22	11.72	-1.50

REIT vs. CCNR - Sharpe Ratio Comparison

The current REIT Sharpe Ratio is 1.80, which is lower than the CCNR Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of REIT and CCNR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

REIT vs. CCNR - Drawdown Comparison

The maximum REIT drawdown since its inception was -29.30%, which is greater than CCNR's maximum drawdown of -20.06%. Use the drawdown chart below to compare losses from any high point for REIT and CCNR.

Drawdown Indicators

	REIT	CCNR	Difference
Max Drawdown Largest peak-to-trough decline	-29.30%	-20.06%	-9.24%
Max Drawdown (1Y) Largest decline over 1 year	-7.35%	-12.88%	+5.53%
Max Drawdown (3Y) Largest decline over 3 years	-18.19%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.30%	—	—
Current Drawdown Current decline from peak	-2.40%	-9.53%	+7.13%
Average Drawdown Average peak-to-trough decline	-10.09%	-4.02%	-6.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.35%	4.30%	-1.95%

Volatility

REIT vs. CCNR - Volatility Comparison

ALPS Active REIT ETF (REIT) and ALPS/CoreCommodity Natural Resources ETF (CCNR) have volatilities of 4.46% and 4.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	REIT	CCNR	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.46%	4.61%	-0.15%
Volatility (6M) Calculated over the trailing 6-month period	10.45%	13.49%	-3.04%
Volatility (1Y) Calculated over the trailing 1-year period	13.34%	18.61%	-5.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.51%	19.96%	-1.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.32%	19.96%	-1.64%

REIT vs. CCNR - Expense Ratio Comparison

REIT has a 0.68% expense ratio, which is higher than CCNR's 0.39% expense ratio.

Dividends

REIT vs. CCNR - Dividend Comparison

REIT's dividend yield for the trailing twelve months is around 2.65%, less than CCNR's 2.99% yield.

Position	TTM	2025	2024	2023	2022	2021
CCNR ALPS/CoreCommodity Natural Resources ETF	2.99%	3.48%	1.27%	0.00%	0.00%	0.00%
REIT ALPS Active REIT ETF	2.65%	3.20%	3.06%	3.13%	2.81%	4.71%

Frequently Asked Questions

Can I hold both REIT and CCNR in my portfolio?

REIT and CCNR have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, REIT or CCNR?

CCNR has higher volatility (4.61%) compared to REIT (4.46%). In terms of maximum drawdown, REIT dropped -29.30% vs CCNR's -20.06%.

Which ETF is better, REIT or CCNR?

On 1-year performance, CCNR leads with 50.28% vs 23.92% for REIT. On fees, CCNR is cheaper at 0.39% per year. On volatility, REIT has been the lower-risk option at 4.46%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, REIT or CCNR?

Over the 1-year period, CCNR has performed better with a 50.28% return vs 23.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, REIT or CCNR?

CCNR is cheaper with a 0.39% expense ratio, compared with 0.68% for REIT.

Which ETF pays a higher dividend yield, REIT or CCNR?

CCNR has the higher dividend yield at 2.99%, compared with 2.65% for REIT.

What is the main difference between REIT and CCNR?

REIT is categorized as REIT, while CCNR is Natural Resources. Their fees differ too: 0.68% for REIT and 0.39% for CCNR.

Which has better risk-adjusted returns?

CCNR currently has the higher Sharpe Ratio (2.72 vs 1.80), 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.