CCNR vs IVV
ALPS/CoreCommodity Natural Resources ETF vs iShares Core S&P 500 ETF
Which is better, CCNR or IVV?
Commodities against Large Cap Blend.
IVV has a lower expense ratio. CCNR led over 1Y and the full window. CCNR is less concentrated, with 10.5% of the fund in its ten largest positions against 37.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CCNR | IVV |
|---|---|---|
| Expense Ratio | 0.39% | 0.03%Best |
| AUM | $473M | $876.4B |
| Dividend Yield | 2.74% | 1.06% |
| Holdings | 312 | 508 |
| YTD Return | +20.72%Best | +12.39% |
| 1Y Return | +40.75%Best | +16.61% |
| 3Y Return (annualized) | - | +21.38% |
| 5Y Return (annualized) | - | +13.51% |
| Volatility (annualized) | 17.4% | 12.2%Best |
| Max Drawdown | -19.1% | -18.8%Best |
| $10,000 over 2.2 years | $16,831Best | $14,094 |
| Top 10 Weight | 10.5%Best | 37.8% |
| Fund Family | ALPS Advisors | iShares by BlackRock (US) |
| Category | Commodity | Equity |
| Style | Commodities | Large Cap Blend |
| Inception | Jul 10, 2024 | May 15, 2000 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 11, 2024 to Sep 18, 2026 (2.2 years).
CCNR vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.2 years both funds cover.
CCNR vs IVV Performance
ALPS/CoreCommodity Natural Resources ETF (CCNR) is an ETF from ALPS Advisors and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year CCNR returned +40.75% while IVV returned +16.61%. Year to date, CCNR is up 20.72% versus a gain of 12.39% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CCNR has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 12.2% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -19.1% for CCNR and -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.31. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CCNR charges 0.39% per year while IVV charges 0.03%. On a $10,000 position that is $39 vs $3 annually, a gap of $36 per year that compounds over a long holding period. On income, CCNR currently yields 2.74% against 1.06% for IVV.
Holdings Overlap
8.3% of CCNR's money is in holdings IVV also owns. 3.2% of IVV's money is in holdings CCNR also owns.
CCNR and IVV share little of their money.
21 positions in common, counted across the 300 positions we hold weights for in CCNR and 490 in IVV, against full books of 312 and 508.
What only one of them owns
Our book lists 461 positions for IVV that do not appear in our book for CCNR (95.5% of the fund), and 75 for CCNR that do not appear in IVV (23.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in CCNR | Weight in IVV | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp. | 0.09% | 1.01% | 0.92% |
| CTVACorteva Inc Ctva | 0.93% | 0.09% | 0.84% |
| EOGEog Resources Inc | 0.86% | 0.12% | 0.74% |
| DEDeere & Co Sedol 2261203 | 0.60% | 0.25% | 0.35% |
| CFCf Industries Holdings Inc. | 0.81% | 0.03% | 0.78% |
| BGBunge Global Sa Common Shares | 0.82% | 0.02% | 0.80% |
| ADMArcher-Daniels-Midland Co. | 0.72% | 0.06% | 0.66% |
| SLBSchlumberger Nv. | 0.61% | 0.14% | 0.47% |
| CVXChevron Corp | 0.10% | 0.58% | 0.48% |
| HALHalliburton Co. | 0.55% | 0.05% | 0.50% |
You are not choosing between two funds in isolation.
Whichever of CCNR and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CCNR or IVV?
CCNR has an expense ratio of 0.39% while IVV charges 0.03%. IVV is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, CCNR or IVV?
Over the past year CCNR returned +40.75% vs +16.61% for IVV, so CCNR leads on 1-year performance. Over the longest common window we track (2 years), CCNR annualized +26.70% vs +16.88% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CCNR or IVV?
CCNR has been the more volatile fund at 17.4% annualized versus 12.2% for IVV. Worst drawdown: CCNR -19.1% vs IVV -18.8%.
Should I hold both CCNR and IVV?
CCNR and IVV have a monthly-return correlation of 0.31, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CCNR and IVV?
8.3% of CCNR's money is in holdings IVV also owns. 3.2% of IVV's is in holdings CCNR also owns. They hold 21 positions in common, counted across the 300 positions we hold weights for in CCNR and 490 in IVV.
Which pays a higher dividend, CCNR or IVV?
CCNR yields 2.74% while IVV yields 1.06%, so CCNR currently pays the higher dividend yield.
Is IVV better than CCNR?
IVV has a lower expense ratio. CCNR led over 1Y and the full window. CCNR is less concentrated, with 10.5% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.