SPDR Bloomberg Enhanced Roll Yield Commodity… (CERY) Performance
CERY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +41.3% since Dec 31, 2025
- 1 year
- +44.5% total return
- Since first price
- +69.8% since 2024
CERY trailing returns vs SPY, QQQ, AGG
| Period | CERY total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.4% | +1.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +9.9% | +9.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +10.8% | +10.8% | +7.8% | +8.4% | −1.5% |
| YTD | +41.3% | +41.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +44.5% | +37.7% | +14.4% | +15.9% | −1.1% |
| Since inceptionSep 5, 2024 | +69.8% | +61.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: CERY vs SPY
From Sep 5, 2024: CERY grew to $16,982, SPY to $14,190.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CERY returns by calendar year
1 of 1 full years positive. Best 2025 (+15.7%), worst 2025 (+15.7%). 2026 is year to date.
CERY annual returns table
| Year | CERY | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +41.3% | −14.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +15.7% | −10.1% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
CERY largest drawdowns
Now 0.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| May 12, 2026 | −14.3% | Jun 24, 2026 | Aug 31, 2026 | 43 days | 4 months |
| Apr 2, 2025 | −10.1% | Apr 8, 2025 | Jun 13, 2025 | 6 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
CERY risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +25.8% |
| Volatility (annualized) | 14.3% |
| Sharpe ratio | 1.41 |
| Sortino ratio | 2.63 |
| Best month | +9.4% |
| Worst month | −8.4% |
| Best 12 months | +49.3% |
| Worst 12 months | +10.1% |
| Positive months | 75% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
CERY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 14 | +10.1% | +31.1% | +49.3% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
CERY performance overview
SPDR Bloomberg Enhanced Roll Yield Commodity… (CERY) returned +44.5% over the past year, with distributions reinvested. Since its first recorded price on Sep 5, 2024 it has returned +69.8%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −14.3%, from May 12, 2026 to Jun 24, 2026, and it took 2 months to get back to the old high. Volatility has been 14.3% a year.
Related: CERY chart, CERY dividends. See the CERY overview for the latest quote and fund facts.
CERY performance FAQ
What is the CERY return over the past year?
CERY returned +44.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 37.7%.
How much would $10,000 invested in CERY be worth?
$10,000 invested in CERY at its first recorded close on September 5, 2024 would be worth about $16,982 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of CERY?
The largest peak-to-trough decline was −14.3% between May 12, 2026 and June 24, 2026. It recovered to the old high on August 31, 2026, 2 months after the bottom.
How volatile is CERY?
Over the past history CERY had an annualized volatility of 14.3% and a Sharpe ratio of 1.41 (excess return over 1–3 month T-bills per unit of risk).