CORN vs. GLCR

Last updated Jun 4, 2026

CORN (Teucrium Corn Fund) and GLCR (GlacierShares Nasdaq Iceland ETF) are both exchange-traded funds - CORN is a Agricultural Commodities fund tracking the Teucrium Corn Fund Benchmark, while GLCR is a Europe Equities fund tracking the MarketVector Iceland Global Total Return Net Index. Both are passively managed. Over the past year, CORN returned -4.06% vs -7.33% for GLCR. At a correlation of -0.02, they often move in opposite directions. CORN charges 2.19%/yr vs 0.95%/yr for GLCR.

Performance

CORN vs. GLCR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium Corn Fund (CORN) and GlacierShares Nasdaq Iceland ETF (GLCR). 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 higher than GLCR's -9.89% 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%

GLCR

• 1D: -1.80%
• 1M: -8.18%
• YTD: -9.89%
• 6M: -3.04%
• 1Y: -7.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CORN vs. GLCR - Yearly Performance Comparison

	2026 (YTD)	2025
CORN Teucrium Corn Fund	-1.47%	-4.21%
GLCR GlacierShares Nasdaq Iceland ETF	-9.89%	8.04%

Correlation

The correlation between CORN and GLCR is -0.02, 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	-0.02
Correlation (All Time) Calculated using the full available price history since Mar 28, 2025	-0.02

Return for Risk

CORN vs. GLCR — 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

GLCR

GLCR Risk / Return Rank: 4
GLCR Sharpe Ratio Rank: 5
GLCR Sortino Ratio Rank: 4
GLCR Omega Ratio Rank: 4
GLCR Calmar Ratio Rank: 5
GLCR Martin Ratio Rank: 3

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. GLCR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium Corn Fund (CORN) and GlacierShares Nasdaq Iceland ETF (GLCR). 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	GLCR	Difference
Sharpe ratio Return per unit of total volatility	-0.27	-0.45	+0.18
Sortino ratio Return per unit of downside risk	-0.26	-0.50	+0.24
Omega ratio Gain probability vs. loss probability	0.97	0.94	+0.03
Calmar ratio Return relative to maximum drawdown	-0.40	-0.42	+0.02
Martin ratio Return relative to average drawdown	-0.79	-1.13	+0.35
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. GLCR - Sharpe Ratio Comparison

The current CORN Sharpe Ratio is -0.27, which is higher than the GLCR Sharpe Ratio of -0.45. The chart below compares the historical Sharpe Ratios of CORN and GLCR, 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	GLCR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.27	-0.45	+0.18
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	-0.12	+0.03

Drawdowns

CORN vs. GLCR - Drawdown Comparison

The maximum CORN drawdown since its inception was -78.09%, which is greater than GLCR's maximum drawdown of -16.23%. Use the drawdown chart below to compare losses from any high point for CORN and GLCR.

Drawdown Indicators

	CORN	GLCR	Difference
Max Drawdown Largest peak-to-trough decline	-78.09%	-16.23%	-61.86%
Max Drawdown (1Y) Largest decline over 1 year	-10.26%	-16.23%	+5.97%
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%	-16.23%	-50.60%
Average Drawdown Average peak-to-trough decline	-51.08%	-4.50%	-46.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.18%	5.95%	-0.77%

Volatility

CORN vs. GLCR - Volatility Comparison

The current volatility for Teucrium Corn Fund (CORN) is 6.42%, while GlacierShares Nasdaq Iceland ETF (GLCR) has a volatility of 7.96%. This indicates that CORN experiences smaller price fluctuations and is considered to be less risky than GLCR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CORN	GLCR	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.42%	7.96%	-1.54%
Volatility (6M) Calculated over the trailing 6-month period	11.50%	13.26%	-1.76%
Volatility (1Y) Calculated over the trailing 1-year period	15.40%	16.40%	-1.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.21%	18.64%	+1.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.40%	18.64%	+0.76%

CORN vs. GLCR - Expense Ratio Comparison

CORN has a 2.19% expense ratio, which is higher than GLCR's 0.95% expense ratio.

Dividends

CORN vs. GLCR - Dividend Comparison

CORN has not paid dividends to shareholders, while GLCR's dividend yield for the trailing twelve months is around 1.08%.

Position	TTM	2025
CORN Teucrium Corn Fund	0.00%	0.00%
GLCR GlacierShares Nasdaq Iceland ETF	1.08%	0.97%

Frequently Asked Questions

Can I hold both CORN and GLCR in my portfolio?

CORN and GLCR have a correlation of -0.02, 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 GLCR?

GLCR has higher volatility (7.96%) compared to CORN (6.42%). In terms of maximum drawdown, CORN dropped -78.09% vs GLCR's -16.23%.

Which ETF is better, CORN or GLCR?

On 1-year performance, CORN leads with -4.06% vs -7.33% for GLCR. On fees, GLCR is cheaper at 0.95% per year. On volatility, CORN has been the lower-risk option at 6.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CORN or GLCR?

Over the 1-year period, CORN has performed better with a -4.06% return vs -7.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CORN or GLCR?

GLCR is cheaper with a 0.95% expense ratio, compared with 2.19% for CORN.

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

GLCR has the higher dividend yield at 1.08%, compared with 0.00% for CORN.

What is the main difference between CORN and GLCR?

CORN is categorized as Agricultural Commodities, while GLCR is Europe Equities. CORN tracks Teucrium Corn Fund Benchmark, while GLCR tracks MarketVector Iceland Global Total Return Net Index. Their fees differ too: 2.19% for CORN and 0.95% for GLCR.

Which has better risk-adjusted returns?

CORN currently has the higher Sharpe Ratio (-0.27 vs -0.45), 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.