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CCORCore Alternative ETF

Get incomeDiversifier9y track recordRanked #204 of 266 in this goal

Seeks capital appreciation and capital preservation with low correlation to the broader U.S. equity market.

By Core Alternative Capital · Launched 2017

Annual Cost

1.29%

#5,533 of 5,861 · expensive

Fund Size

$27M

#4,255 of 5,861 · small

Dividend YieldGoal

1.03%

Track Record

9 years

#1,534 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$9,894-1.1%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 41.3% of fundmoderately concentrated

Alphabet Inc
7.0%
Morgan Stanley
4.9%
Johnson & Johnson
4.1%
Walmart Inc
3.9%
Exxon Mobil Corp
3.8%
Chevron Corp
3.8%
Air Products and Chemicals Inc
3.6%
Microsoft Corp
3.5%
NextEra Energy Inc
3.4%
JPMorgan Chase & Co
3.4%

Asset allocation

Stocks
100.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
8.2%Low

Year-on-year price swings

Max drawdown
-23.0%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
-0.40Below average
Sortino (3Y)
-0.62Moderate downside risk

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks capital appreciation and capital preservation with low correlation to the broader U.S. equity market.
Strategy
Invests primarily in large-cap U.S. equity securities that offer current dividends, focusing on high-quality companies with long-term growth potential. Maintains long positions on index put options for downside protection and may opportunistically trade index call options to reduce volatility and provide cash flow.
Inception date
May 23, 2017
Fund family
Core Alternative Capital

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04