CANE vs. IEF
CANE (Teucrium Sugar Fund) and IEF (iShares 7-10 Year Treasury Bond ETF) are both exchange-traded funds - CANE is a Agricultural Commodities fund tracking the Teucrium Sugar Fund Benchmark, while IEF is a Government Bonds fund tracking the ICE U.S. Treasury 7-10 Year Bond Index. Both are passively managed. Over the past 10 years, CANE returned -2.91%/yr vs 0.53%/yr for IEF. At a correlation of -0.04, they often move in opposite directions. CANE charges 1.88%/yr vs 0.15%/yr for IEF.
Performance
CANE vs. IEF - Performance Comparison
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Returns By Period
In the year-to-date period, CANE achieves a -5.28% return, which is significantly lower than IEF's -0.53% return. Over the past 10 years, CANE has underperformed IEF with an annualized return of -2.91%, while IEF has yielded a comparatively higher 0.53% annualized return.
CANE
- 1D
- 0.54%
- 1M
- -6.67%
- YTD
- -5.28%
- 6M
- -5.84%
- 1Y
- -16.08%
- 3Y*
- -12.00%
- 5Y*
- 2.30%
- 10Y*
- -2.91%
IEF
- 1D
- 0.13%
- 1M
- 0.59%
- YTD
- -0.53%
- 6M
- -0.47%
- 1Y
- 3.01%
- 3Y*
- 2.59%
- 5Y*
- -1.17%
- 10Y*
- 0.53%
CANE vs. IEF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CANE Teucrium Sugar Fund | -5.28% | -14.65% | -7.79% | 30.06% | 3.59% | 36.30% | -3.85% | -0.97% | -27.52% | -24.76% |
IEF iShares 7-10 Year Treasury Bond ETF | -0.53% | 8.03% | -0.63% | 3.64% | -15.15% | -3.33% | 10.01% | 8.03% | 0.99% | 2.55% |
Correlation
The correlation between CANE and IEF is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2011 | -0.04 |
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Return for Risk
CANE vs. IEF — Risk / Return Rank
CANE
IEF
CANE vs. IEF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Teucrium Sugar Fund (CANE) and iShares 7-10 Year Treasury Bond ETF (IEF). 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 | IEF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.43 | ||
| Sortino ratioReturn per unit of downside risk | -2.03 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.11 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.81 | 0.74 | -1.56 |
| Martin ratioReturn relative to average drawdown | -1.28 | 2.01 | -3.29 |
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Drawdowns
CANE vs. IEF - Drawdown Comparison
The maximum CANE drawdown since its inception was -81.30%, which is greater than IEF's maximum drawdown of -23.93%. Use the drawdown chart below to compare losses from any high point for CANE and IEF.
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Drawdown Indicators
| CANE | IEF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.30% | -23.93% | -57.37% |
Max Drawdown (1Y)Largest decline over 1 year | -19.82% | -4.07% | -15.75% |
Max Drawdown (3Y)Largest decline over 3 years | -41.73% | -7.74% | -33.99% |
Max Drawdown (5Y)Largest decline over 5 years | -41.73% | -21.40% | -20.33% |
Max Drawdown (10Y)Largest decline over 10 years | -67.29% | -23.93% | -43.36% |
Current DrawdownCurrent decline from peak | -64.88% | -11.23% | -53.65% |
Average DrawdownAverage peak-to-trough decline | -56.51% | -5.36% | -51.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.58% | 1.50% | +11.08% |
Volatility
CANE vs. IEF - Volatility Comparison
Teucrium Sugar Fund (CANE) has a higher volatility of 4.97% compared to iShares 7-10 Year Treasury Bond ETF (IEF) at 1.41%. This indicates that CANE's price experiences larger fluctuations and is considered to be riskier than IEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CANE | IEF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.97% | 1.41% | +3.56% |
Volatility (6M)Calculated over the trailing 6-month period | 15.84% | 3.48% | +12.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.44% | 4.72% | +15.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.98% | 7.71% | +13.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.70% | 6.62% | +15.08% |
CANE vs. IEF - Expense Ratio Comparison
CANE has a 1.88% expense ratio, which is higher than IEF's 0.15% expense ratio.
Dividends
CANE vs. IEF - Dividend Comparison
CANE has not paid dividends to shareholders, while IEF's dividend yield for the trailing twelve months is around 3.90%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CANE Teucrium Sugar Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IEF iShares 7-10 Year Treasury Bond ETF | 3.90% | 3.77% | 3.62% | 2.91% | 1.96% | 0.83% | 1.08% | 2.08% | 2.24% | 1.82% | 1.81% | 1.90% |
Frequently Asked Questions
CANE and IEF have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CANE has higher volatility (4.97%) compared to IEF (1.41%). In terms of maximum drawdown, CANE dropped -81.30% vs IEF's -23.93%.
On 10-year performance, IEF leads with 0.53% vs -2.91% for CANE. On fees, IEF is cheaper at 0.15% per year. On volatility, IEF has been the lower-risk option at 1.41%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, IEF has performed better with a 0.53% return vs -2.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IEF is cheaper with a 0.15% expense ratio, compared with 1.88% for CANE.
IEF has the higher dividend yield at 3.90%, compared with 0.00% for CANE.
CANE is categorized as Agricultural Commodities, while IEF is Government Bonds. CANE tracks Teucrium Sugar Fund Benchmark, while IEF tracks ICE U.S. Treasury 7-10 Year Bond Index. They also come from different issuers: Teucrium and iShares. Their fees differ too: 1.88% for CANE and 0.15% for IEF.
IEF currently has the higher Sharpe Ratio (0.64 vs -0.79), 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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