CORN vs. DAX
CORN (Teucrium Corn Fund) and DAX (Global X DAX Germany ETF) are both exchange-traded funds - CORN is a Agricultural Commodities fund tracking the Teucrium Corn Fund Benchmark, while DAX is a Europe Equities fund tracking the DAX Index. Both are passively managed. Over the past 10 years, CORN returned -0.60%/yr vs 9.07%/yr for DAX. At a 0.05 correlation, their price movements are largely independent. CORN charges 2.19%/yr vs 0.20%/yr for DAX.
Performance
CORN vs. DAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CORN achieves a 1.02% return, which is significantly higher than DAX's -2.21% return. Over the past 10 years, CORN has underperformed DAX with an annualized return of -0.60%, while DAX has yielded a comparatively higher 9.07% annualized return.
CORN
- 1D
- 0.73%
- 1M
- 5.66%
- 6M
- 4.28%
- YTD
- 1.02%
- 1Y
- 0.56%
- 3Y*
- -9.25%
- 5Y*
- -2.95%
- 10Y*
- -0.60%
- ALL TIME*
- -2.08%
DAX
- 1D
- -0.16%
- 1M
- -1.66%
- 6M
- -4.43%
- YTD
- -2.21%
- 1Y
- -0.30%
- 3Y*
- 15.55%
- 5Y*
- 8.39%
- 10Y*
- 9.07%
- ALL TIME*
- 7.28%
CORN vs. DAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CORN Teucrium Corn Fund | 1.02% | -5.54% | -12.98% | -19.90% | 25.02% | 38.25% | 5.27% | -7.79% | -4.28% | -10.38% |
DAX Global X DAX Germany ETF | -2.21% | 39.00% | 10.55% | 23.62% | -18.47% | 7.73% | 12.27% | 22.11% | -22.92% | 28.23% |
Correlation
The correlation between CORN and DAX is -0.07, 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 | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2014 | 0.05 |
The correlation between CORN and DAX shifts across timeframes, from -0.07 (1 year) to 0.05 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CORN vs. DAX — Risk / Return Rank
CORN
DAX
CORN vs. DAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Teucrium Corn Fund (CORN) and Global X DAX Germany ETF (DAX). 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.
| CORN | DAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.01 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.04 | -0.02 | +0.06 |
| Martin ratioReturn relative to average drawdown | 0.12 | -0.06 | +0.18 |
Loading charts...
Drawdowns
CORN vs. DAX - Drawdown Comparison
The maximum CORN drawdown since its inception was -78.09%, which is greater than DAX's maximum drawdown of -45.58%. Use the drawdown chart below to compare losses from any high point for CORN and DAX.
Loading charts...
Drawdown Indicators
| CORN | DAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.09% | -45.58% | -32.51% |
Max Drawdown (1Y)Largest decline over 1 year | -13.86% | -14.82% | +0.96% |
Max Drawdown (3Y)Largest decline over 3 years | -34.56% | -16.03% | -18.53% |
Max Drawdown (5Y)Largest decline over 5 years | -45.19% | -38.92% | -6.27% |
Max Drawdown (10Y)Largest decline over 10 years | -45.19% | -45.58% | +0.39% |
Current DrawdownCurrent decline from peak | -66.00% | -6.12% | -59.88% |
Average DrawdownAverage peak-to-trough decline | -51.20% | -10.45% | -40.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.81% | 4.99% | -0.18% |
Volatility
CORN vs. DAX - Volatility Comparison
Teucrium Corn Fund (CORN) has a higher volatility of 6.45% compared to Global X DAX Germany ETF (DAX) at 4.69%. This indicates that CORN's price experiences larger fluctuations and is considered to be riskier than DAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CORN | DAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.45% | 4.69% | +1.76% |
Volatility (6M)Calculated over the trailing 6-month period | 12.29% | 15.31% | -3.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.66% | 18.04% | -2.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.23% | 20.41% | -1.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.27% | 20.91% | -1.64% |
CORN vs. DAX - Expense Ratio Comparison
CORN has a 2.19% expense ratio, which is higher than DAX's 0.20% expense ratio.
Dividends
CORN vs. DAX - Dividend Comparison
CORN has not paid dividends to shareholders, while DAX's dividend yield for the trailing twelve months is around 2.15%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CORN Teucrium Corn 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% |
DAX Global X DAX Germany ETF | 2.15% | 1.47% | 2.24% | 2.48% | 2.80% | 2.65% | 2.25% | 2.47% | 3.33% | 1.73% | 1.78% | 1.41% |
Frequently Asked Questions
CORN and DAX have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CORN has higher volatility (6.45%) compared to DAX (4.69%). In terms of maximum drawdown, CORN dropped -78.09% vs DAX's -45.58%.
On 10-year performance, DAX leads with 9.07% vs -0.60% for CORN. On fees, DAX is cheaper at 0.20% per year. On volatility, DAX has been the lower-risk option at 4.69%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, DAX has performed better with a 9.07% return vs -0.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DAX is cheaper with a 0.20% expense ratio, compared with 2.19% for CORN.
DAX has the higher dividend yield at 2.15%, compared with 0.00% for CORN.
CORN is categorized as Agricultural Commodities, while DAX is Europe Equities. CORN tracks Teucrium Corn Fund Benchmark, while DAX tracks DAX Index. They also come from different issuers: Teucrium and Global X. Their fees differ too: 2.19% for CORN and 0.20% for DAX.
CORN currently has the higher Sharpe Ratio (0.04 vs -0.02), 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.
Find the right allocation for CORN and DAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer