USCI vs. CCRV
Compare and contrast key facts about United States Commodity Index Fund (USCI) and iShares Commodity Curve Carry Strategy ETF (CCRV).
USCI and CCRV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. USCI is a passively managed fund by Concierge Technologies that tracks the performance of the SummerHaven Dynamic Commodity (TR). It was launched on Aug 10, 2010. CCRV is a passively managed fund by iShares that tracks the performance of the CCRV-US - ICE BofA Commodity Enhanced Carry Index. It was launched on Sep 1, 2020. Both USCI and CCRV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USCI or CCRV.
Correlation
The correlation between USCI and CCRV is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
USCI vs. CCRV - Performance Comparison
Key characteristics
USCI:
0.89
CCRV:
-0.39
USCI:
1.26
CCRV:
-0.44
USCI:
1.16
CCRV:
0.95
USCI:
0.67
CCRV:
-0.44
USCI:
3.87
CCRV:
-1.09
USCI:
3.42%
CCRV:
5.68%
USCI:
14.97%
CCRV:
15.80%
USCI:
-66.41%
CCRV:
-24.81%
USCI:
-3.92%
CCRV:
-7.72%
Returns By Period
In the year-to-date period, USCI achieves a 7.95% return, which is significantly higher than CCRV's -2.15% return.
USCI
7.95%
-0.31%
13.33%
12.67%
22.83%
4.27%
CCRV
-2.15%
-3.76%
-2.97%
-7.07%
N/A
N/A
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USCI vs. CCRV - Expense Ratio Comparison
USCI has a 1.03% expense ratio, which is higher than CCRV's 0.40% expense ratio.
Risk-Adjusted Performance
USCI vs. CCRV — Risk-Adjusted Performance Rank
USCI
CCRV
USCI vs. CCRV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for United States Commodity Index Fund (USCI) and iShares Commodity Curve Carry Strategy ETF (CCRV). 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.
Dividends
USCI vs. CCRV - Dividend Comparison
USCI has not paid dividends to shareholders, while CCRV's dividend yield for the trailing twelve months is around 4.52%.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
USCI United States Commodity Index Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CCRV iShares Commodity Curve Carry Strategy ETF | 4.52% | 4.43% | 7.26% | 33.27% | 26.22% |
Drawdowns
USCI vs. CCRV - Drawdown Comparison
The maximum USCI drawdown since its inception was -66.41%, which is greater than CCRV's maximum drawdown of -24.81%. Use the drawdown chart below to compare losses from any high point for USCI and CCRV. For additional features, visit the drawdowns tool.
Volatility
USCI vs. CCRV - Volatility Comparison
United States Commodity Index Fund (USCI) and iShares Commodity Curve Carry Strategy ETF (CCRV) have volatilities of 8.70% and 8.81%, 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.