RIGS vs. CERY
RIGS (RiverFront Strategic Income Fund) and CERY (SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF) are both exchange-traded funds - RIGS is a High Yield Bonds fund actively managed by SS&C, while CERY is a Commodities fund tracking the Bloomberg Enhanced Roll Yield Total Return Index. RIGS is actively managed, while CERY is passively managed. Over the past year, RIGS returned 3.71% vs 27.40% for CERY. At a correlation of -0.08, they often move in opposite directions. RIGS charges 0.48%/yr vs 0.28%/yr for CERY.
Performance
RIGS vs. CERY - Performance Comparison
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Returns By Period
In the year-to-date period, RIGS achieves a 0.97% return, which is significantly lower than CERY's 18.11% return.
RIGS
- 1D
- 0.01%
- 1M
- 0.20%
- YTD
- 0.97%
- 6M
- 1.05%
- 1Y
- 3.71%
- 3Y*
- 4.72%
- 5Y*
- 2.06%
- 10Y*
- 3.22%
CERY
- 1D
- -1.20%
- 1M
- -9.49%
- YTD
- 18.11%
- 6M
- 16.37%
- 1Y
- 27.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RIGS vs. CERY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
RIGS RiverFront Strategic Income Fund | 0.97% | 4.63% | 0.35% |
CERY SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF | 18.11% | 15.68% | 3.80% |
Correlation
The correlation between RIGS and CERY is -0.15, 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 | -0.15 |
Correlation (All Time) Calculated using the full available price history since Sep 5, 2024 | -0.08 |
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Return for Risk
RIGS vs. CERY — Risk / Return Rank
RIGS
CERY
RIGS vs. CERY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RiverFront Strategic Income Fund (RIGS) 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.
| RIGS | CERY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.40 | ||
| Sortino ratioReturn per unit of downside risk | -1.78 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.31 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.82 | 2.21 | -1.39 |
| Martin ratioReturn relative to average drawdown | 1.91 | 10.02 | -8.11 |
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Drawdowns
RIGS vs. CERY - Drawdown Comparison
The maximum RIGS drawdown since its inception was -15.31%, which is greater than CERY's maximum drawdown of -12.44%. Use the drawdown chart below to compare losses from any high point for RIGS and CERY.
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Drawdown Indicators
| RIGS | CERY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.31% | -12.44% | -2.87% |
Max Drawdown (1Y)Largest decline over 1 year | -4.55% | -12.44% | +7.89% |
Max Drawdown (3Y)Largest decline over 3 years | -5.18% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -9.03% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -15.31% | — | — |
Current DrawdownCurrent decline from peak | -1.48% | -12.44% | +10.96% |
Average DrawdownAverage peak-to-trough decline | -1.60% | -2.29% | +0.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 2.76% | -0.81% |
Volatility
RIGS vs. CERY - Volatility Comparison
RiverFront Strategic Income Fund (RIGS) and SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF (CERY) have volatilities of 3.78% and 3.64%, 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.
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Volatility by Period
| RIGS | CERY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.78% | 3.64% | +0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 5.91% | 13.63% | -7.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.92% | 15.66% | -5.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.67% | 14.74% | -7.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.81% | 14.74% | -6.93% |
RIGS vs. CERY - Expense Ratio Comparison
RIGS has a 0.48% expense ratio, which is higher than CERY's 0.28% expense ratio.
Dividends
RIGS vs. CERY - Dividend Comparison
RIGS's dividend yield for the trailing twelve months is around 4.85%, more than CERY's 4.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CERY SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF | 4.23% | 4.99% | 0.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RIGS RiverFront Strategic Income Fund | 4.85% | 4.84% | 4.49% | 3.48% | 2.71% | 2.47% | 3.77% | 3.87% | 4.54% | 4.45% | 4.46% | 3.61% |
Frequently Asked Questions
RIGS and CERY have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RIGS has higher volatility (3.78%) compared to CERY (3.64%). In terms of maximum drawdown, RIGS dropped -15.31% vs CERY's -12.44%.
On 1-year performance, CERY leads with 27.40% vs 3.71% for RIGS. On fees, CERY is cheaper at 0.28% per year. On volatility, CERY has been the lower-risk option at 3.64%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, CERY has performed better with a 27.40% return vs 3.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
CERY is cheaper with a 0.28% expense ratio, compared with 0.48% for RIGS.
RIGS has the higher dividend yield at 4.85%, compared with 4.23% for CERY.
RIGS is categorized as High Yield Bonds, while CERY is Commodities. They also come from different issuers: SS&C and State Street. Their fees differ too: 0.48% for RIGS and 0.28% for CERY.
CERY currently has the higher Sharpe Ratio (1.78 vs 0.38), 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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