CORN vs. BDVG

Last updated Jun 4, 2026

CORN (Teucrium Corn Fund) and BDVG (iMGP Berkshire Dividend Growth ETF) are both exchange-traded funds - CORN is a Agricultural Commodities fund tracking the Teucrium Corn Fund Benchmark, while BDVG is a Large Cap Value Equities fund actively managed by iMGP. CORN is passively managed, while BDVG is actively managed. Over the past year, CORN returned -4.06% vs 23.93% for BDVG. At a correlation of -0.02, they often move in opposite directions. CORN charges 2.19%/yr vs 0.55%/yr for BDVG.

Performance

CORN vs. BDVG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium Corn Fund (CORN) and iMGP Berkshire Dividend Growth ETF (BDVG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CORN achieves a -1.47% return, which is significantly lower than BDVG's 12.71% return.

CORN

• 1D: -1.36%
• 1M: -8.63%
• YTD: -1.47%
• 6M: -1.91%
• 1Y: -4.06%
• 3Y*: -9.83%
• 5Y*: -3.99%
• 10Y*: -2.61%

BDVG

• 1D: -0.40%
• 1M: 6.92%
• YTD: 12.71%
• 6M: 12.51%
• 1Y: 23.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CORN vs. BDVG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CORN Teucrium Corn Fund	-1.47%	-5.54%	-12.98%	-2.79%
BDVG iMGP Berkshire Dividend Growth ETF	12.71%	13.81%	11.75%	3.25%

Correlation

The correlation between CORN and BDVG is -0.12, 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	-0.12
Correlation (All Time) Calculated using the full available price history since Jul 3, 2023	-0.02

Return for Risk

CORN vs. BDVG — Risk / Return Rank

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

CORN

CORN Risk / Return Rank: 6
CORN Sharpe Ratio Rank: 6
CORN Sortino Ratio Rank: 6
CORN Omega Ratio Rank: 6
CORN Calmar Ratio Rank: 5
CORN Martin Ratio Rank: 5

BDVG

BDVG Risk / Return Rank: 74
BDVG Sharpe Ratio Rank: 74
BDVG Sortino Ratio Rank: 78
BDVG Omega Ratio Rank: 73
BDVG Calmar Ratio Rank: 72
BDVG Martin Ratio Rank: 74

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.

CORN vs. BDVG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium Corn Fund (CORN) and iMGP Berkshire Dividend Growth ETF (BDVG). 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.

	CORN	BDVG	Difference
Sharpe ratio Return per unit of total volatility	-0.27	2.42	-2.68
Sortino ratio Return per unit of downside risk	-0.26	3.50	-3.76
Omega ratio Gain probability vs. loss probability	0.97	1.44	-0.47
Calmar ratio Return relative to maximum drawdown	-0.40	3.59	-3.99
Martin ratio Return relative to average drawdown	-0.79	13.81	-14.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CORN vs. BDVG - Sharpe Ratio Comparison

The current CORN Sharpe Ratio is -0.27, which is lower than the BDVG Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of CORN and BDVG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CORN	BDVG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.27	2.42	-2.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.20	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.14	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.09	1.21	-1.30

Drawdowns

CORN vs. BDVG - Drawdown Comparison

The maximum CORN drawdown since its inception was -78.09%, which is greater than BDVG's maximum drawdown of -14.46%. Use the drawdown chart below to compare losses from any high point for CORN and BDVG.

Drawdown Indicators

	CORN	BDVG	Difference
Max Drawdown Largest peak-to-trough decline	-78.09%	-14.46%	-63.63%
Max Drawdown (1Y) Largest decline over 1 year	-10.26%	-6.70%	-3.56%
Max Drawdown (3Y) Largest decline over 3 years	-38.57%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-44.39%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-51.10%	—	—
Current Drawdown Current decline from peak	-66.83%	-0.40%	-66.43%
Average Drawdown Average peak-to-trough decline	-51.08%	-2.35%	-48.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.18%	1.74%	+3.44%

Volatility

CORN vs. BDVG - Volatility Comparison

Teucrium Corn Fund (CORN) has a higher volatility of 6.42% compared to iMGP Berkshire Dividend Growth ETF (BDVG) at 3.19%. This indicates that CORN's price experiences larger fluctuations and is considered to be riskier than BDVG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CORN	BDVG	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.42%	3.19%	+3.23%
Volatility (6M) Calculated over the trailing 6-month period	11.50%	7.52%	+3.98%
Volatility (1Y) Calculated over the trailing 1-year period	15.40%	9.96%	+5.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.21%	11.95%	+8.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.40%	11.95%	+7.45%

CORN vs. BDVG - Expense Ratio Comparison

CORN has a 2.19% expense ratio, which is higher than BDVG's 0.55% expense ratio.

Dividends

CORN vs. BDVG - Dividend Comparison

CORN has not paid dividends to shareholders, while BDVG's dividend yield for the trailing twelve months is around 1.52%.

Position	TTM	2025	2024	2023
BDVG iMGP Berkshire Dividend Growth ETF	1.52%	1.75%	1.69%	0.95%
CORN Teucrium Corn Fund	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CORN and BDVG in my portfolio?

CORN and BDVG have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CORN or BDVG?

CORN has higher volatility (6.42%) compared to BDVG (3.19%). In terms of maximum drawdown, CORN dropped -78.09% vs BDVG's -14.46%.

Which ETF is better, CORN or BDVG?

On 1-year performance, BDVG leads with 23.93% vs -4.06% for CORN. On fees, BDVG is cheaper at 0.55% per year. On volatility, BDVG has been the lower-risk option at 3.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CORN or BDVG?

Over the 1-year period, BDVG has performed better with a 23.93% return vs -4.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CORN or BDVG?

BDVG is cheaper with a 0.55% expense ratio, compared with 2.19% for CORN.

Which ETF pays a higher dividend yield, CORN or BDVG?

BDVG has the higher dividend yield at 1.52%, compared with 0.00% for CORN.

What is the main difference between CORN and BDVG?

CORN is categorized as Agricultural Commodities, while BDVG is Large Cap Value Equities. They also come from different issuers: Teucrium and iMGP. Their fees differ too: 2.19% for CORN and 0.55% for BDVG.

Which has better risk-adjusted returns?

BDVG currently has the higher Sharpe Ratio (2.42 vs -0.27), 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.