CORN vs. TDW

Last updated Jul 12, 2026

CORN (Teucrium Corn Fund) is Agricultural Commodities fund tracking the Teucrium Corn Fund Benchmark, while TDW (Tidewater Inc.) is a stock. Over the past 10 years, CORN returned -1.25%/yr vs -7.74%/yr for TDW. At a 0.11 correlation, their price movements are largely independent.

Performance

CORN vs. TDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium Corn Fund (CORN) and Tidewater Inc. (TDW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CORN achieves a -1.41% return, which is significantly lower than TDW's 45.26% return. Over the past 10 years, CORN has outperformed TDW with an annualized return of -1.25%, while TDW has yielded a comparatively lower -7.74% annualized return.

CORN

• 1D: 1.33%
• 1M: 4.55%
• 6M: -2.29%
• YTD: -1.41%
• 1Y: 1.22%
• 3Y*: -8.14%
• 5Y*: -1.79%
• 10Y*: -1.25%

TDW

• 1D: 3.84%
• 1M: -1.15%
• 6M: 29.86%
• YTD: 45.26%
• 1Y: 39.46%
• 3Y*: 7.38%
• 5Y*: 43.45%
• 10Y*: -7.74%

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

CORN vs. TDW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CORN Teucrium Corn Fund	-1.41%	-5.54%	-12.98%	-19.90%	25.02%	38.25%	5.27%	-7.79%	-4.28%	-10.38%
TDW Tidewater Inc.	45.26%	-7.68%	-24.13%	95.69%	244.07%	23.96%	-55.14%	0.78%	-21.60%	-77.81%

Correlation

The correlation between CORN and TDW 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 (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (10Y) Calculated over the trailing 10-year period	0.10
Correlation (All Time) Calculated using the full available price history since Jun 9, 2010	0.11

The correlation between CORN and TDW shifts across timeframes, from -0.02 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CORN vs. TDW — Risk / Return Rank

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

CORN

CORN Risk / Return Rank: 10
CORN Sharpe Ratio Rank: 10
CORN Sortino Ratio Rank: 9
CORN Omega Ratio Rank: 9
CORN Calmar Ratio Rank: 10
CORN Martin Ratio Rank: 10

TDW

TDW Risk / Return Rank: 69
TDW Sharpe Ratio Rank: 68
TDW Sortino Ratio Rank: 69
TDW Omega Ratio Rank: 66
TDW Calmar Ratio Rank: 71
TDW Martin Ratio Rank: 70

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. TDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium Corn Fund (CORN) and Tidewater Inc. (TDW). 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	TDW	Difference
Sharpe ratio: Return per unit of total volatility	0.03	0.70	-0.67
Sortino ratio: Return per unit of downside risk	0.15	1.46	-1.30
Omega ratio: Gain probability vs. loss probability	1.02	1.17	-0.15
Calmar ratio: Return relative to maximum drawdown	0.04	1.32	-1.29
Martin ratio: Return relative to average drawdown	0.11	2.87	-2.76

CORN vs. TDW - Sharpe Ratio Comparison

The current CORN Sharpe Ratio is 0.03, which is lower than the TDW Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of CORN and TDW, 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

CORN vs. TDW - Drawdown Comparison

The maximum CORN drawdown since its inception was -78.09%, smaller than the maximum TDW drawdown of -99.80%. Use the drawdown chart below to compare losses from any high point for CORN and TDW.

Drawdown Indicators

	CORN	TDW	Difference
Max Drawdown Largest peak-to-trough decline	-78.09%	-99.80%	+21.71%
Max Drawdown (1Y) Largest decline over 1 year	-13.86%	-29.10%	+15.24%
Max Drawdown (3Y) Largest decline over 3 years	-34.56%	-70.35%	+35.79%
Max Drawdown (5Y) Largest decline over 5 years	-45.19%	-70.35%	+25.16%
Max Drawdown (10Y) Largest decline over 10 years	-45.19%	-97.40%	+52.21%
Current Drawdown Current decline from peak	-66.81%	-96.45%	+29.64%
Average Drawdown Average peak-to-trough decline	-51.17%	-49.08%	-2.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.67%	13.43%	-8.76%

Volatility

CORN vs. TDW - Volatility Comparison

The current volatility for Teucrium Corn Fund (CORN) is 6.58%, while Tidewater Inc. (TDW) has a volatility of 13.87%. This indicates that CORN experiences smaller price fluctuations and is considered to be less risky than TDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CORN	TDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.58%	13.87%	-7.29%
Volatility (6M) Calculated over the trailing 6-month period	12.85%	31.93%	-19.08%
Volatility (1Y) Calculated over the trailing 1-year period	15.60%	54.82%	-39.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.31%	53.38%	-34.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.31%	66.30%	-46.99%

Dividends

CORN vs. TDW - Dividend Comparison

Neither CORN nor TDW has paid dividends to shareholders.

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%
TDW Tidewater Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.12%	0.00%	0.00%	0.04%	0.00%	14.37%

Frequently Asked Questions

Can I hold both CORN and TDW in my portfolio?

CORN and TDW 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 TDW?

TDW has higher volatility (13.87%) compared to CORN (6.58%). In terms of maximum drawdown, CORN dropped -78.09% vs TDW's -99.80%.

Which has better risk-adjusted returns?

TDW currently has the higher Sharpe Ratio (0.70 vs 0.03), 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.