CANE vs. JSI

Last updated Jun 24, 2026

CANE (Teucrium Sugar Fund) and JSI (Janus Henderson Securitized Income ETF) are both exchange-traded funds - CANE is a Agricultural Commodities fund tracking the Teucrium Sugar Fund Benchmark, while JSI is a Short-Term Bond fund actively managed by Janus Henderson. CANE is passively managed, while JSI is actively managed. Over the past year, CANE returned -16.08% vs 3.75% for JSI. At a correlation of -0.13, they often move in opposite directions. CANE charges 1.88%/yr vs 0.50%/yr for JSI.

Performance

CANE vs. JSI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium Sugar Fund (CANE) and Janus Henderson Securitized Income ETF (JSI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CANE achieves a -5.28% return, which is significantly lower than JSI's 0.86% 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%

JSI

• 1D: 0.05%
• 1M: 0.23%
• YTD: 0.86%
• 6M: 1.04%
• 1Y: 3.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CANE vs. JSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CANE Teucrium Sugar Fund	-5.28%	-14.65%	-7.79%	-17.64%
JSI Janus Henderson Securitized Income ETF	0.86%	6.46%	7.27%	3.29%

Correlation

The correlation between CANE and JSI is -0.27, 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	-0.27
Correlation (All Time) Calculated using the full available price history since Nov 9, 2023	-0.13

The correlation between CANE and JSI shifts across timeframes, from -0.27 (1 year) to -0.13 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CANE vs. JSI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CANE

CANE Risk / Return Rank: 3
CANE Sharpe Ratio Rank: 3
CANE Sortino Ratio Rank: 3
CANE Omega Ratio Rank: 3
CANE Calmar Ratio Rank: 2
CANE Martin Ratio Rank: 2

JSI

JSI Risk / Return Rank: 47
JSI Sharpe Ratio Rank: 46
JSI Sortino Ratio Rank: 44
JSI Omega Ratio Rank: 51
JSI Calmar Ratio Rank: 47
JSI Martin Ratio Rank: 45

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CANE vs. JSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium Sugar Fund (CANE) and Janus Henderson Securitized Income ETF (JSI). 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	JSI	Difference
Sharpe ratio: Return per unit of total volatility	-0.79	1.55	-2.34
Sortino ratio: Return per unit of downside risk	-1.06	2.13	-3.19
Omega ratio: Gain probability vs. loss probability	0.89	1.31	-0.42
Calmar ratio: Return relative to maximum drawdown	-0.81	2.24	-3.05
Martin ratio: Return relative to average drawdown	-1.28	7.15	-8.43

CANE vs. JSI - Sharpe Ratio Comparison

The current CANE Sharpe Ratio is -0.79, which is lower than the JSI Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of CANE and JSI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CANE vs. JSI - Drawdown Comparison

The maximum CANE drawdown since its inception was -81.30%, which is greater than JSI's maximum drawdown of -2.31%. Use the drawdown chart below to compare losses from any high point for CANE and JSI.

Drawdown Indicators

	CANE	JSI	Difference
Max Drawdown Largest peak-to-trough decline	-81.30%	-2.31%	-78.99%
Max Drawdown (1Y) Largest decline over 1 year	-19.82%	-1.68%	-18.14%
Max Drawdown (3Y) Largest decline over 3 years	-41.73%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-41.73%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-67.29%	—	—
Current Drawdown Current decline from peak	-64.88%	-0.58%	-64.30%
Average Drawdown Average peak-to-trough decline	-56.51%	-0.34%	-56.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.58%	0.53%	+12.05%

Volatility

CANE vs. JSI - Volatility Comparison

Teucrium Sugar Fund (CANE) has a higher volatility of 4.97% compared to Janus Henderson Securitized Income ETF (JSI) at 0.74%. This indicates that CANE's price experiences larger fluctuations and is considered to be riskier than JSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CANE	JSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.97%	0.74%	+4.23%
Volatility (6M) Calculated over the trailing 6-month period	15.84%	1.63%	+14.21%
Volatility (1Y) Calculated over the trailing 1-year period	20.44%	2.44%	+18.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.98%	2.88%	+18.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.70%	2.88%	+18.82%

CANE vs. JSI - Expense Ratio Comparison

CANE has a 1.88% expense ratio, which is higher than JSI's 0.50% expense ratio.

Dividends

CANE vs. JSI - Dividend Comparison

CANE has not paid dividends to shareholders, while JSI's dividend yield for the trailing twelve months is around 5.81%.

Position	TTM	2025	2024	2023
CANE Teucrium Sugar Fund	0.00%	0.00%	0.00%	0.00%
JSI Janus Henderson Securitized Income ETF	5.81%	5.80%	6.16%	0.84%

Frequently Asked Questions

Can I hold both CANE and JSI in my portfolio?

CANE and JSI have a correlation of -0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CANE or JSI?

CANE has higher volatility (4.97%) compared to JSI (0.74%). In terms of maximum drawdown, CANE dropped -81.30% vs JSI's -2.31%.

Which ETF is better, CANE or JSI?

On 1-year performance, JSI leads with 3.75% vs -16.08% for CANE. On fees, JSI is cheaper at 0.50% per year. On volatility, JSI has been the lower-risk option at 0.74%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CANE or JSI?

Over the 1-year period, JSI has performed better with a 3.75% return vs -16.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CANE or JSI?

JSI is cheaper with a 0.50% expense ratio, compared with 1.88% for CANE.

Which ETF pays a higher dividend yield, CANE or JSI?

JSI has the higher dividend yield at 5.81%, compared with 0.00% for CANE.

What is the main difference between CANE and JSI?

CANE is categorized as Agricultural Commodities, while JSI is Short-Term Bond. They also come from different issuers: Teucrium and Janus Henderson. Their fees differ too: 1.88% for CANE and 0.50% for JSI.

Which has better risk-adjusted returns?

JSI currently has the higher Sharpe Ratio (1.55 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.