CERY vs SH

Comparison between STATE STREET(R) SPDR(R) BLOOMBERG ENHANCED ROLL YIELD COMMODITY STRATEGY NO K-1 ETF SPDR BLOOMBERG ENHANCED ROLL YIELD COMMODITY STRATEGY NO K-1 ETF (CERY, ETF) and ProShares Short S&P500 -1x Shares (SH, ETF).

CERY vs SH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CERY(ETF)	SH(ETF)
Net Assets	$979M	$973M
Expense Ratio	0.28%	0.89%
Max Drawdown	14.33%	96.05%
Sharpe Ratio	1.76	-1.29
5Y Beta	0.17	-0.97

Net Assets

Winner

CERY

$979M

$973M

Expense Ratio

Winner

CERY

0.28%

0.89%

Max Drawdown

Winner

CERY

14.33%

96.05%

Sharpe Ratio

Winner

CERY

1.76

-1.29

5Y Beta

CERY

0.17

Winner

-0.97

CERY vs SH - Historical Returns

Returns include dividend reinvestment.

Period	CERY	SH
1 month	+6.15%	-0.08%
3 months	+1.48%	-4.92%
6 months	+18.17%	-6.72%
1 year	+35.69%	-12.26%
5 years(CAGR)	N/A	-8.26%
10 years(CAGR)	N/A	-12.47%
Max(CAGR)	+25.36%	-11.27%

Winner

CERY

+6.15%

-0.08%

Winner

CERY

+1.48%

-4.92%

Winner

CERY

+18.17%

-6.72%

Winner

CERY

+35.69%

-12.26%

5Y(CAGR)

CERY

N/A

-8.26%

10Y(CAGR)

CERY

N/A

-12.47%

Max(CAGR)

Winner

CERY

+25.36%

-11.27%

CERY vs SH - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	CERY	SH
2026	+26.32%	-6.83%
2025	+15.10%	-11.61%
2024	+3.92%	-14.04%
2023	N/A	-15.11%
2022	N/A	+19.65%
2021	N/A	-25.21%
2020	N/A	-24.36%
2019	N/A	-22.12%
2018	N/A	+5.67%
2017	N/A	-16.79%
2016	N/A	-13.78%
2015	N/A	-4.31%
2014	N/A	-14.42%
2013	N/A	-23.96%
2012	N/A	-14.45%
2011	N/A	-6.93%
2010	N/A	-15.20%
2009	N/A	-24.87%
2008	N/A	+36.95%
2007	N/A	+1.16%
2006	N/A	-8.42%

CERY vs SH Drawdown Comparison

The maximum drawdown for CERY was -14.33%, occurring on Jun 24, 2026. This drawdown has not yet recovered.

The maximum drawdown for SH was -94.66%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The current CERY drawdown is -5.92%. The current SH drawdown is -94.56%.

Rank	CERY	SH
#1	-14.33% May 12, 2026 - Jun 24, 2026	-94.66% Mar 9, 2009 - Jun 2, 2026
#2	-10.05% Apr 2, 2025 - Jun 17, 2025	-22.19% Nov 20, 2008 - Mar 2, 2009
#3	-6.98% Jan 29, 2026 - Mar 2, 2026	-17.15% Oct 27, 2008 - Nov 19, 2008
#4	-5.84% Oct 7, 2024 - Jan 15, 2025	-15.22% Jul 17, 2006 - Jan 18, 2008
#5	-4.45% Mar 12, 2026 - Apr 6, 2026	-11.46% Mar 10, 2008 - Jul 3, 2008
#6	-4.33% Jun 18, 2025 - Sep 15, 2025	-10.82% Oct 10, 2008 - Oct 24, 2008
#7	-4.07% Feb 19, 2025 - Apr 1, 2025	-7.60% Sep 17, 2008 - Sep 29, 2008
#8	-2.76% Nov 11, 2025 - Dec 1, 2025	-7.32% Jul 15, 2008 - Sep 15, 2008
#9	-2.54% Oct 8, 2025 - Oct 20, 2025	-6.38% Jan 22, 2008 - Mar 7, 2008
#10	-2.43% Dec 5, 2025 - Dec 22, 2025	-3.12% Jun 27, 2006 - Jul 13, 2006
#11	-2.20% Dec 26, 2025 - Jan 5, 2026	-2.77% Sep 29, 2008 - Oct 2, 2008
#12	-2.12% May 5, 2026 - May 11, 2026	-2.48% Mar 3, 2009 - Mar 5, 2009
#13	-1.99% Jan 15, 2025 - Feb 10, 2025	-1.85% Jul 7, 2008 - Jul 9, 2008
#14	-1.98% Sep 16, 2025 - Sep 26, 2025	-1.66% Sep 15, 2008 - Sep 17, 2008
#15	-1.94% Apr 6, 2026 - Apr 16, 2026	-0.65% Jul 9, 2008 - Jul 11, 2008

Correlation

Correlation between CERY and SH is -0.79 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.79

-101

Dividend Comparison (2006 - 2026)

CERY vs SH dividend yield comparison.

Year	CERY	SH
2026	0.00%	1.51%
2025	4.99%	4.49%
2024	0.52%	6.20%
2023	0.00%	5.37%
2022	0.00%	1.08%
2020	0.00%	0.16%
2019	0.00%	1.76%
2018	0.00%	1.01%
2017	0.00%	0.06%
2008	0.00%	17.52%
2007	0.00%	3.81%
2006	0.00%	1.86%