CORN vs. TLT
CORN (Teucrium Corn Fund) and TLT (iShares 20+ Year Treasury Bond ETF) are both exchange-traded funds - CORN is a Agricultural Commodities fund tracking the Teucrium Corn Fund Benchmark, while TLT is a Government Bonds fund tracking the ICE U.S. Treasury 20+ Year Bond Index. Both are passively managed. Over the past 10 years, CORN returned -2.61%/yr vs -1.66%/yr for TLT. At a correlation of -0.07, they often move in opposite directions. CORN charges 2.19%/yr vs 0.15%/yr for TLT.
Performance
CORN vs. TLT - Performance Comparison
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Returns By Period
In the year-to-date period, CORN achieves a -1.47% return, which is significantly lower than TLT's -0.27% return. Over the past 10 years, CORN has underperformed TLT with an annualized return of -2.61%, while TLT has yielded a comparatively higher -1.66% annualized 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%
TLT
- 1D
- -0.40%
- 1M
- 0.81%
- YTD
- -0.27%
- 6M
- -2.02%
- 1Y
- 4.93%
- 3Y*
- -1.80%
- 5Y*
- -6.31%
- 10Y*
- -1.66%
CORN vs. TLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CORN Teucrium Corn Fund | -1.47% | -5.54% | -12.98% | -19.90% | 25.02% | 38.25% | 5.27% | -7.79% | -4.28% | -10.38% |
TLT iShares 20+ Year Treasury Bond ETF | -0.27% | 4.25% | -8.05% | 2.77% | -31.23% | -4.60% | 18.15% | 14.12% | -1.61% | 9.18% |
Correlation
The correlation between CORN and TLT is -0.08, 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 | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.05 |
Correlation (All Time) Calculated using the full available price history since Jun 10, 2010 | -0.07 |
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Return for Risk
CORN vs. TLT — Risk / Return Rank
CORN
TLT
CORN vs. TLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Teucrium Corn Fund (CORN) and iShares 20+ Year Treasury Bond ETF (TLT). 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 | TLT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.27 | 0.51 | -0.77 |
Sortino ratioReturn per unit of downside risk | -0.26 | 0.80 | -1.06 |
Omega ratioGain probability vs. loss probability | 0.97 | 1.09 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | -0.40 | 0.65 | -1.05 |
Martin ratioReturn relative to average drawdown | -0.79 | 1.63 | -2.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CORN | TLT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.27 | 0.51 | -0.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.20 | -0.40 | +0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.14 | -0.11 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.09 | 0.26 | -0.35 |
Drawdowns
CORN vs. TLT - Drawdown Comparison
The maximum CORN drawdown since its inception was -78.09%, which is greater than TLT's maximum drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for CORN and TLT.
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Drawdown Indicators
| CORN | TLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.09% | -48.35% | -29.74% |
Max Drawdown (1Y)Largest decline over 1 year | -10.26% | -7.58% | -2.68% |
Max Drawdown (3Y)Largest decline over 3 years | -38.57% | -19.18% | -19.39% |
Max Drawdown (5Y)Largest decline over 5 years | -44.39% | -43.70% | -0.69% |
Max Drawdown (10Y)Largest decline over 10 years | -51.10% | -48.35% | -2.75% |
Current DrawdownCurrent decline from peak | -66.83% | -40.44% | -26.39% |
Average DrawdownAverage peak-to-trough decline | -51.08% | -13.82% | -37.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.18% | 3.04% | +2.14% |
Volatility
CORN vs. TLT - Volatility Comparison
Teucrium Corn Fund (CORN) has a higher volatility of 6.42% compared to iShares 20+ Year Treasury Bond ETF (TLT) at 2.76%. This indicates that CORN's price experiences larger fluctuations and is considered to be riskier than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CORN | TLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.42% | 2.76% | +3.66% |
Volatility (6M)Calculated over the trailing 6-month period | 11.50% | 6.50% | +5.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.40% | 9.77% | +5.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.21% | 15.87% | +4.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.40% | 14.91% | +4.49% |
CORN vs. TLT - Expense Ratio Comparison
CORN has a 2.19% expense ratio, which is higher than TLT's 0.15% expense ratio.
Dividends
CORN vs. TLT - Dividend Comparison
CORN has not paid dividends to shareholders, while TLT's dividend yield for the trailing twelve months is around 4.59%.
| 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% |
TLT iShares 20+ Year Treasury Bond ETF | 4.59% | 4.43% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% |
Frequently Asked Questions
CORN and TLT have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CORN has higher volatility (6.42%) compared to TLT (2.76%). In terms of maximum drawdown, CORN dropped -78.09% vs TLT's -48.35%.
On 10-year performance, TLT leads with -1.66% vs -2.61% for CORN. On fees, TLT is cheaper at 0.15% per year. On volatility, TLT has been the lower-risk option at 2.76%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, TLT has performed better with a -1.66% return vs -2.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TLT is cheaper with a 0.15% expense ratio, compared with 2.19% for CORN.
TLT has the higher dividend yield at 4.59%, compared with 0.00% for CORN.
CORN is categorized as Agricultural Commodities, while TLT is Government Bonds. CORN tracks Teucrium Corn Fund Benchmark, while TLT tracks ICE U.S. Treasury 20+ Year Bond Index. They also come from different issuers: Teucrium and iShares. Their fees differ too: 2.19% for CORN and 0.15% for TLT.
TLT currently has the higher Sharpe Ratio (0.51 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.
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