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iShares Commodity Curve Carry Strategy ETF

CCRV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 01 2020
Expense Ratio
0.40%
Type
Global Commodities & Metals
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$169,527
AUM
$27,648,226
Associated Index
ICE BofA Commodity Enhanced Carry Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

n/a
BLK CSH FND TREASURY SL AGENCY
26.67%
B 0 05/02/23
TREASURY BILL
21.25%
n/a
MITSUBISHI UFJ TRUST AND BANKING C
5.01%
n/a
TOYOTA INDUSTRIES COMMERCIAL FINAN
5.01%
n/a
BRITANNIA FUNDING COMPANY LLC
5.00%
n/a
MIZUHO BANK LTD
4.82%
n/a
LLOYDS BANK PLC
4.64%
n/a
BELL CANADA 144A
3.56%
n/a
LIME FUNDING LLC
3.16%
n/a
SPIRE INC
2.86%
Invest with CCRV

What is CCRV?

The Fund seeks to track the investment results of the ICE BofA Commodity Enhanced Carry Total Return Index (the Underlying Index ), which measures the performance of the 10 futures contracts having the highest degree of backwardation or lowest degree of contango (as explained below) among a universe of 18 futures contracts on physical agricultural, energy, precious metals, and industrial metals commodities listed on U.S. and non-U.S. futures exchanges futures contracts, as determined by ICE Data Services. Fund seeks to achieve its investment objective primarily by investing in total return swaps that provide exposure to commodity futures contracts referenced in the Underlying Index.

ETFs related toCCRV

ETFs correlated to CCRV include NBCM, DBC, PDBC

CCRV
BlackRock Institutional Trust Company N.A. - iShares Commodity Curve Carry Strategy ETF
NBCM
Neuberger Berman ETF Trust - Commodity Strategy ETF
DBC
DB Commodity Services LLC - Invesco DB Commodity Index Tracking Fund
PDBC
Invesco Capital Management LLC - Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
COMT
BlackRock Institutional Trust Company N.A. - iShares GSCI Commodity Dynamic Roll Strategy ETF
GSG
BlackRock Institutional Trust Company N.A. - iShares S&P GSCI Commodity-Indexed Trust
GCC
WisdomTree Commodity Services LLC - WisdomTree EnhancedContinuous Commodity Index Fund
UCO
ProShares Trust - ProShares Ultra Bloomberg Crude Oil 2x Shares
OILK
ProShares Trust - ProShares K-1 Free Crude Oil Strategy ETF
USO
United States Commodity Funds LLC - United States Oil Fund
DBO
Invesco DB Multi-Sector Commodity Trust - Invesco DB Oil Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toCCRV

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

Create your own algorithmic trading strategy with CCRV using Composer

FAQ

CCRV is a Global Commodities & Metals ETF. The Fund seeks to track the investment results of the ICE BofA Commodity Enhanced Carry Total Return Index (the Underlying Index ), which measures the performance of the 10 futures contracts having the highest degree of backwardation or lowest degree of contango (as explained below) among a universe of 18 futures contracts on physical agricultural, energy, precious metals, and industrial metals commodities listed on U.S. and non-U.S. futures exchanges futures contracts, as determined by ICE Data Services. Fund seeks to achieve its investment objective primarily by investing in total return swaps that provide exposure to commodity futures contracts referenced in the Underlying Index.

The top holdings for CCRV include BLK CSH FND TREASURY SL AGENCY, TREASURY BILL, and MITSUBISHI UFJ TRUST AND BANKING C.

CCRV has 28 total holdings.

CCRV tracks the ICE BofA Commodity Enhanced Carry Index.

No, CCRV is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, CCRV is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on CCRV is 0.0366%. This is the percent change in the value of CCRV over the most recent 1-month period. The 3-month return on CCRV is -0.0061%. This is the percent change in the value of CCRV over the most recent 3-month period.

The standard deviation of CCRV for the past year is 0.371%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to CCRV include DJP, CMDY, and BCI.

ETFs correlated to CCRV include NBCM, DBC, and PDBC.

ETFs that are inversely correlated to CCRV include SCO, ERY, and OILD.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.