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 -3.32%/yr vs 9.57%/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
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Returns By Period
In the year-to-date period, CORN achieves a -5.25% return, which is significantly lower than DAX's -1.45% return. Over the past 10 years, CORN has underperformed DAX with an annualized return of -3.32%, while DAX has yielded a comparatively higher 9.57% annualized return.
CORN
- 1D
- 0.48%
- 1M
- -11.49%
- YTD
- -5.25%
- 6M
- -5.35%
- 1Y
- -8.25%
- 3Y*
- -11.42%
- 5Y*
- -5.46%
- 10Y*
- -3.32%
DAX
- 1D
- 0.26%
- 1M
- 0.49%
- YTD
- -1.45%
- 6M
- -0.46%
- 1Y
- 2.74%
- 3Y*
- 16.82%
- 5Y*
- 7.62%
- 10Y*
- 9.57%
CORN vs. DAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CORN Teucrium Corn Fund | -5.25% | -5.54% | -12.98% | -19.90% | 25.02% | 38.25% | 5.27% | -7.79% | -4.28% | -10.38% |
DAX Global X DAX Germany ETF | -1.45% | 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 -0.10, 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 | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
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 -0.10 (1 year) to 0.05 (all time), reflecting how their relationship changes across market environments.
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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 | -0.69 | ||
| Sortino ratioReturn per unit of downside risk | -0.98 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.04 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.66 | 0.19 | -0.85 |
| Martin ratioReturn relative to average drawdown | -1.75 | 0.58 | -2.33 |
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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.
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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 | -12.55% | -14.82% | +2.27% |
Max Drawdown (3Y)Largest decline over 3 years | -38.57% | -16.03% | -22.54% |
Max Drawdown (5Y)Largest decline over 5 years | -44.39% | -39.72% | -4.67% |
Max Drawdown (10Y)Largest decline over 10 years | -51.10% | -45.58% | -5.52% |
Current DrawdownCurrent decline from peak | -68.10% | -5.39% | -62.71% |
Average DrawdownAverage peak-to-trough decline | -51.10% | -10.49% | -40.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.72% | 4.77% | -0.05% |
Volatility
CORN vs. DAX - Volatility Comparison
Teucrium Corn Fund (CORN) and Global X DAX Germany ETF (DAX) have volatilities of 5.93% and 5.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CORN | DAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.93% | 5.86% | +0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 11.67% | 14.79% | -3.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.42% | 18.01% | -2.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.14% | 20.44% | -0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.40% | 21.25% | -1.85% |
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 1.50%.
| 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 | 1.50% | 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 -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CORN has higher volatility (5.93%) compared to DAX (5.86%). In terms of maximum drawdown, CORN dropped -78.09% vs DAX's -45.58%.
On 10-year performance, DAX leads with 9.57% vs -3.32% for CORN. On fees, DAX is cheaper at 0.20% per year. Their volatility is very similar. 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 9.57% return vs -3.32%. 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 1.50%, 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.
DAX currently has the higher Sharpe Ratio (0.15 vs -0.54), 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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