CCRViShares Commodity Curve Carry Strategy ETF
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.
CCRV Summary Data
CCRV Portfolio Data
CCRV Index Data
CCRV Portfolio Management
CCRV Tax Exposures
CCRV Fund Structure
CCRV Factset Analytics Block Liquidity
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 Top 10 Targeted Commodity Weights
CCRV Tenor Strategy
CCRV invests in swaps to select 10 highest commodity carry yield
CCRV Rolling Strategy
CCRV rolls contracts potentially each month