CANE vs. FXF
CANE (Teucrium Sugar Fund) and FXF (Invesco CurrencyShares® Swiss Franc Trust) are both exchange-traded funds - CANE is a Agricultural Commodities fund tracking the Teucrium Sugar Fund Benchmark, while FXF is a Currency fund tracking the Swiss Franc. Both are passively managed. Over the past 10 years, CANE returned -2.85%/yr vs 1.10%/yr for FXF. At a 0.07 correlation, their price movements are largely independent. CANE charges 1.88%/yr vs 0.40%/yr for FXF.
Performance
CANE vs. FXF - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with CANE having a -2.31% return and FXF slightly lower at -2.40%. Over the past 10 years, CANE has underperformed FXF with an annualized return of -2.85%, while FXF has yielded a comparatively higher 1.10% annualized return.
CANE
- 1D
- -2.85%
- 1M
- 1.06%
- 6M
- 0.53%
- YTD
- -2.31%
- 1Y
- -13.75%
- 3Y*
- -10.13%
- 5Y*
- 2.40%
- 10Y*
- -2.85%
FXF
- 1D
- -0.50%
- 1M
- -2.01%
- 6M
- -0.98%
- YTD
- -2.40%
- 1Y
- -1.61%
- 3Y*
- 1.73%
- 5Y*
- 2.05%
- 10Y*
- 1.10%
CANE vs. FXF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CANE Teucrium Sugar Fund | -2.31% | -14.65% | -7.79% | 30.06% | 3.59% | 36.30% | -3.85% | -0.97% | -27.52% | -24.76% |
FXF Invesco CurrencyShares® Swiss Franc Trust | -2.40% | 14.04% | -7.46% | 9.63% | -2.29% | -4.08% | 8.18% | 0.32% | -2.01% | 3.31% |
Correlation
The correlation between CANE and FXF is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2011 | 0.07 |
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Return for Risk
CANE vs. FXF — Risk / Return Rank
CANE
FXF
CANE vs. FXF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Teucrium Sugar Fund (CANE) and Invesco CurrencyShares® Swiss Franc Trust (FXF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CANE | FXF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.61 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 0.97 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | -0.24 | -0.46 |
| Martin ratioReturn relative to average drawdown | -1.06 | -0.57 | -0.49 |
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Drawdowns
CANE vs. FXF - Drawdown Comparison
The maximum CANE drawdown since its inception was -81.30%, which is greater than FXF's maximum drawdown of -35.58%. Use the drawdown chart below to compare losses from any high point for CANE and FXF.
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Drawdown Indicators
| CANE | FXF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.30% | -35.58% | -45.72% |
Max Drawdown (1Y)Largest decline over 1 year | -19.82% | -6.72% | -13.10% |
Max Drawdown (3Y)Largest decline over 3 years | -41.73% | -8.52% | -33.21% |
Max Drawdown (5Y)Largest decline over 5 years | -41.73% | -11.99% | -29.74% |
Max Drawdown (10Y)Largest decline over 10 years | -67.29% | -15.04% | -52.25% |
Current DrawdownCurrent decline from peak | -63.78% | -20.33% | -43.45% |
Average DrawdownAverage peak-to-trough decline | -56.54% | -20.83% | -35.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.01% | 2.83% | +10.18% |
Volatility
CANE vs. FXF - Volatility Comparison
Teucrium Sugar Fund (CANE) has a higher volatility of 6.17% compared to Invesco CurrencyShares® Swiss Franc Trust (FXF) at 2.02%. This indicates that CANE's price experiences larger fluctuations and is considered to be riskier than FXF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CANE | FXF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.17% | 2.02% | +4.15% |
Volatility (6M)Calculated over the trailing 6-month period | 16.26% | 5.76% | +10.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.18% | 7.44% | +12.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.01% | 8.32% | +12.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.60% | 7.57% | +14.03% |
CANE vs. FXF - Expense Ratio Comparison
CANE has a 1.88% expense ratio, which is higher than FXF's 0.40% expense ratio.
Dividends
CANE vs. FXF - Dividend Comparison
Neither CANE nor FXF has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CANE Teucrium Sugar Fund | 0.00% | 0.00% | 0.00% | 0.00% |
FXF Invesco CurrencyShares® Swiss Franc Trust | 0.00% | 0.00% | 0.03% | 0.02% |
Frequently Asked Questions
CANE and FXF have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CANE has higher volatility (6.17%) compared to FXF (2.02%). In terms of maximum drawdown, CANE dropped -81.30% vs FXF's -35.58%.
On 10-year performance, FXF leads with 1.10% vs -2.85% for CANE. On fees, FXF is cheaper at 0.40% per year. On volatility, FXF has been the lower-risk option at 2.02%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, FXF has performed better with a 1.10% return vs -2.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FXF is cheaper with a 0.40% expense ratio, compared with 1.88% for CANE.
CANE and FXF have nearly identical dividend yields, around 0.00%.
CANE is categorized as Agricultural Commodities, while FXF is Currency. CANE tracks Teucrium Sugar Fund Benchmark, while FXF tracks Swiss Franc. They also come from different issuers: Teucrium and Invesco. Their fees differ too: 1.88% for CANE and 0.40% for FXF.
FXF currently has the higher Sharpe Ratio (-0.22 vs -0.68), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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