SUPP vs. CNAV

Last updated Jul 14, 2026

SUPP (TCW Transform Supply Chain ETF) and CNAV (Mohr Company Nav ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past year, SUPP returned 20.26% vs 56.12% for CNAV. Their correlation of 0.81 suggests significant overlap in exposure. SUPP charges 0.75%/yr vs 1.31%/yr for CNAV.

Performance

SUPP vs. CNAV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TCW Transform Supply Chain ETF (SUPP) and Mohr Company Nav ETF (CNAV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SUPP achieves a 17.60% return, which is significantly lower than CNAV's 35.88% return.

SUPP

• 1D: -2.27%
• 1M: -2.32%
• 6M: 12.78%
• YTD: 17.60%
• 1Y: 20.26%
• 3Y*: 15.79%
• 5Y*: —
• 10Y*: —

CNAV

• 1D: -3.77%
• 1M: -4.05%
• 6M: 30.21%
• YTD: 35.88%
• 1Y: 56.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SUPP vs. CNAV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SUPP TCW Transform Supply Chain ETF	17.60%	11.65%	-4.06%
CNAV Mohr Company Nav ETF	35.88%	16.80%	6.05%

Correlation

The correlation between SUPP and CNAV is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (All Time) Calculated using the full available price history since Oct 1, 2024	0.81

The correlation between SUPP and CNAV has been stable across timeframes, ranging from 0.81 to 0.81 - a consistent structural relationship.

Return for Risk

SUPP vs. CNAV — Risk / Return Rank

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

SUPP

SUPP Risk / Return Rank: 35
SUPP Sharpe Ratio Rank: 32
SUPP Sortino Ratio Rank: 31
SUPP Omega Ratio Rank: 31
SUPP Calmar Ratio Rank: 36
SUPP Martin Ratio Rank: 45

CNAV

CNAV Risk / Return Rank: 74
CNAV Sharpe Ratio Rank: 69
CNAV Sortino Ratio Rank: 60
CNAV Omega Ratio Rank: 66
CNAV Calmar Ratio Rank: 89
CNAV Martin Ratio Rank: 88

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.

SUPP vs. CNAV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TCW Transform Supply Chain ETF (SUPP) and Mohr Company Nav ETF (CNAV). 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.

	SUPP	CNAV	Difference
Sharpe ratio: Return per unit of total volatility	0.92	1.77	-0.85
Sortino ratio: Return per unit of downside risk	1.38	2.25	-0.87
Omega ratio: Gain probability vs. loss probability	1.17	1.31	-0.14
Calmar ratio: Return relative to maximum drawdown	1.50	4.26	-2.76
Martin ratio: Return relative to average drawdown	5.81	14.66	-8.85

SUPP vs. CNAV - Sharpe Ratio Comparison

The current SUPP Sharpe Ratio is 0.92, which is lower than the CNAV Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of SUPP and CNAV, 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

SUPP vs. CNAV - Drawdown Comparison

The maximum SUPP drawdown since its inception was -25.03%, smaller than the maximum CNAV drawdown of -30.06%. Use the drawdown chart below to compare losses from any high point for SUPP and CNAV.

Drawdown Indicators

	SUPP	CNAV	Difference
Max Drawdown Largest peak-to-trough decline	-25.03%	-30.06%	+5.03%
Max Drawdown (1Y) Largest decline over 1 year	-13.59%	-13.24%	-0.35%
Max Drawdown (3Y) Largest decline over 3 years	-25.03%	—	—
Current Drawdown Current decline from peak	-7.30%	-12.86%	+5.56%
Average Drawdown Average peak-to-trough decline	-4.36%	-5.46%	+1.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.50%	3.84%	-0.34%

Volatility

SUPP vs. CNAV - Volatility Comparison

The current volatility for TCW Transform Supply Chain ETF (SUPP) is 10.11%, while Mohr Company Nav ETF (CNAV) has a volatility of 18.58%. This indicates that SUPP experiences smaller price fluctuations and is considered to be less risky than CNAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SUPP	CNAV	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.11%	18.58%	-8.47%
Volatility (6M) Calculated over the trailing 6-month period	19.30%	29.03%	-9.73%
Volatility (1Y) Calculated over the trailing 1-year period	22.09%	31.94%	-9.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.09%	30.43%	-10.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.09%	30.43%	-10.34%

SUPP vs. CNAV - Expense Ratio Comparison

SUPP has a 0.75% expense ratio, which is lower than CNAV's 1.31% expense ratio.

Dividends

SUPP vs. CNAV - Dividend Comparison

SUPP's dividend yield for the trailing twelve months is around 0.30%, while CNAV has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
CNAV Mohr Company Nav ETF	0.00%	0.00%	0.00%	0.00%
SUPP TCW Transform Supply Chain ETF	0.30%	0.35%	0.49%	0.45%

Frequently Asked Questions

Can I hold both SUPP and CNAV in my portfolio?

SUPP and CNAV have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SUPP or CNAV?

CNAV has higher volatility (18.58%) compared to SUPP (10.11%). In terms of maximum drawdown, SUPP dropped -25.03% vs CNAV's -30.06%.

Which ETF is better, SUPP or CNAV?

On 1-year performance, CNAV leads with 56.12% vs 20.26% for SUPP. On fees, SUPP is cheaper at 0.75% per year. On volatility, SUPP has been the lower-risk option at 10.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SUPP or CNAV?

Over the 1-year period, CNAV has performed better with a 56.12% return vs 20.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SUPP or CNAV?

SUPP is cheaper with a 0.75% expense ratio, compared with 1.31% for CNAV.

Which ETF pays a higher dividend yield, SUPP or CNAV?

SUPP has the higher dividend yield at 0.30%, compared with 0.00% for CNAV.

What is the main difference between SUPP and CNAV?

They also come from different issuers: TCW and Mohr. Their fees differ too: 0.75% for SUPP and 1.31% for CNAV.

Which has better risk-adjusted returns?

CNAV currently has the higher Sharpe Ratio (1.77 vs 0.92), 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.