CCRV

iShares Commodity Curve Carry Strategy ETF
*Unless otherwise stated, data provided by FactSet.

CCRV Fund Description

CCRV tracks an index composed of future contracts on commodities selected from a broad commodity universe based on positive roll yield.

CCRV Factset Analytics Insight

CCRV is a portfolio of futures contracts representing commodities that are selected based on liquidity and weighted based on global production value. The fund employs a positive carry strategy where the weights of selected contracts are tilted towards those having a high positive carry. Each month, the index selects ten futures contracts on commodities that have the highest degree of backwardation or lowest degree of contango, thus selecting contracts that have the highest roll yield on a total return basis. Through its wholly-owned Cayman Islands subsidiary, the fund invests in swaps that provide similar exposure. The fund may also invests in cash and other collaterals. The index is rebalanced monthly. Prior to March 1, 2021, CCRV was an actively-managed fund but aims to provide high correlation to the index.

PERFORMANCE [as of 10/14/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CCRV 7.91% 10.63% 32.22% 41.41% -- -- --
CCRV (NAV) 8.74% 10.95% 33.36% 42.43% -- -- --
S&P GSCI 10.08% 11.16% 45.71% 62.78% 0.56% 4.26% -5.07%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CCRV Summary Data

Blackrock
iShares
09/01/20
Open-Ended Fund
0.40%
$39.37M
$48.68K
0.23%

CCRV Portfolio Data

Futures
Optimized
N/A
5

CCRV Index Data

ICE BofA Commodity Enhanced Carry Index
Production
Liquidity
S&P GSCI

CCRV Portfolio Management

0.40%
--
--
--

CCRV Tax Exposures

20.00% / 39.60%
--
No

CCRV Fund Structure

Open-Ended Fund
Yes
Yes
N/A
N/A
High
Daily

CCRV Factset Analytics Block Liquidity

As of 10/15/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of CCRV. CCRV is rated a 5 out of 5.

CCRV Tradability

1,884
$48.68K
892
$23.34K
0.23%
$0.06
0.07%
0.83% / -1.62%
None
100.00%
50,000
0.02
0.02%
--
0
$28.35
5

CCRV Top 10 Targeted Commodity Weights

68.79%
22.01%
3.90%
3.07%
2.23%
100.00%

CCRV Tenor Strategy

CCRV invests in swaps to select 10 highest commodity carry yield

CCRV Rolling Strategy

CCRV rolls contracts potentially each month

CCRV Performance Statistics

0.78
0.77
--
--
0.00%