CANE vs. TILL

Last updated Jul 17, 2026

CANE (Teucrium Sugar Fund) and TILL (Teucrium Agricultural Strategy No K-1 ETF) are both exchange-traded funds - CANE is a Agricultural Commodities fund tracking the Teucrium Sugar Fund Benchmark, while TILL is a Commodities fund actively managed by Teucrium. CANE is passively managed, while TILL is actively managed. Over the past 3 years, CANE returned -10.13%/yr vs -5.46%/yr for TILL. A 0.52 correlation means they provide meaningful diversification when combined. CANE charges 1.88%/yr vs 0.89%/yr for TILL.

Performance

CANE vs. TILL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium Sugar Fund (CANE) and Teucrium Agricultural Strategy No K-1 ETF (TILL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CANE achieves a -2.31% return, which is significantly lower than TILL's 9.18% 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%

TILL

• 1D: -0.98%
• 1M: 5.00%
• 6M: 10.62%
• YTD: 9.18%
• 1Y: 4.09%
• 3Y*: -5.46%
• 5Y*: —
• 10Y*: —

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

CANE vs. TILL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CANE Teucrium Sugar Fund	-2.31%	-14.65%	-7.79%	30.06%	-3.25%
TILL Teucrium Agricultural Strategy No K-1 ETF	9.18%	-5.97%	-13.98%	-5.00%	-11.52%

Correlation

The correlation between CANE and TILL is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (All Time) Calculated using the full available price history since May 17, 2022	0.52

The correlation between CANE and TILL has been stable across timeframes, ranging from 0.52 to 0.57 - a consistent structural relationship.

Return for Risk

CANE vs. TILL — Risk / Return Rank

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

CANE

CANE Risk / Return Rank: 4
CANE Sharpe Ratio Rank: 4
CANE Sortino Ratio Rank: 4
CANE Omega Ratio Rank: 4
CANE Calmar Ratio Rank: 4
CANE Martin Ratio Rank: 4

TILL

TILL Risk / Return Rank: 14
TILL Sharpe Ratio Rank: 15
TILL Sortino Ratio Rank: 14
TILL Omega Ratio Rank: 13
TILL Calmar Ratio Rank: 15
TILL Martin Ratio Rank: 15

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. TILL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium Sugar Fund (CANE) and Teucrium Agricultural Strategy No K-1 ETF (TILL). 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	TILL	Difference
Sharpe ratio: Return per unit of total volatility	-0.68	0.32	-1.01
Sortino ratio: Return per unit of downside risk	-0.88	0.57	-1.45
Omega ratio: Gain probability vs. loss probability	0.90	1.06	-0.16
Calmar ratio: Return relative to maximum drawdown	-0.70	0.42	-1.11
Martin ratio: Return relative to average drawdown	-1.06	0.91	-1.97

CANE vs. TILL - Sharpe Ratio Comparison

The current CANE Sharpe Ratio is -0.68, which is lower than the TILL Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of CANE and TILL, 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. TILL - Drawdown Comparison

The maximum CANE drawdown since its inception was -81.30%, which is greater than TILL's maximum drawdown of -33.76%. Use the drawdown chart below to compare losses from any high point for CANE and TILL.

Drawdown Indicators

	CANE	TILL	Difference
Max Drawdown Largest peak-to-trough decline	-81.30%	-33.76%	-47.54%
Max Drawdown (1Y) Largest decline over 1 year	-19.82%	-9.87%	-9.95%
Max Drawdown (3Y) Largest decline over 3 years	-41.73%	-29.46%	-12.27%
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	-63.78%	-26.73%	-37.05%
Average Drawdown Average peak-to-trough decline	-56.54%	-21.59%	-34.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.01%	4.50%	+8.51%

Volatility

CANE vs. TILL - Volatility Comparison

Teucrium Sugar Fund (CANE) has a higher volatility of 6.17% compared to Teucrium Agricultural Strategy No K-1 ETF (TILL) at 4.48%. This indicates that CANE's price experiences larger fluctuations and is considered to be riskier than TILL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CANE	TILL	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.17%	4.48%	+1.69%
Volatility (6M) Calculated over the trailing 6-month period	16.26%	10.84%	+5.42%
Volatility (1Y) Calculated over the trailing 1-year period	20.18%	12.70%	+7.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.01%	14.73%	+6.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.60%	14.73%	+6.87%

CANE vs. TILL - Expense Ratio Comparison

CANE has a 1.88% expense ratio, which is higher than TILL's 0.89% expense ratio.

Dividends

CANE vs. TILL - Dividend Comparison

CANE has not paid dividends to shareholders, while TILL's dividend yield for the trailing twelve months is around 4.55%.

Position	TTM	2025	2024	2023	2022
CANE Teucrium Sugar Fund	0.00%	0.00%	0.00%	0.00%	0.00%
TILL Teucrium Agricultural Strategy No K-1 ETF	4.55%	4.97%	2.55%	51.24%	0.73%

Frequently Asked Questions

Can I hold both CANE and TILL in my portfolio?

CANE and TILL have a correlation of 0.57, 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 TILL?

CANE has higher volatility (6.17%) compared to TILL (4.48%). In terms of maximum drawdown, CANE dropped -81.30% vs TILL's -33.76%.

Which ETF is better, CANE or TILL?

On 3-year performance, TILL leads with -5.46% vs -10.13% for CANE. On fees, TILL is cheaper at 0.89% per year. On volatility, TILL has been the lower-risk option at 4.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CANE or TILL?

Over the 3-year period, TILL has performed better with a -5.46% return vs -10.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CANE or TILL?

TILL is cheaper with a 0.89% expense ratio, compared with 1.88% for CANE.

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

TILL has the higher dividend yield at 4.55%, compared with 0.00% for CANE.

What is the main difference between CANE and TILL?

CANE is categorized as Agricultural Commodities, while TILL is Commodities. Their fees differ too: 1.88% for CANE and 0.89% for TILL.

Which has better risk-adjusted returns?

TILL currently has the higher Sharpe Ratio (0.32 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.