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 -0.54%/yr vs -2.38%/yr for TLT. Their -0.07 correlation means they have often moved in opposite directions in the past. 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 -0.45% return, which is significantly higher than TLT's -3.49% return. Over the past 10 years, CORN has outperformed TLT with an annualized return of -0.54%, while TLT has yielded a comparatively lower -2.38% annualized return.
CORN
- 1D
- -0.62%
- 1M
- 4.69%
- 6M
- 0.97%
- YTD
- -0.45%
- 1Y
- 2.80%
- 3Y*
- -8.35%
- 5Y*
- -2.59%
- 10Y*
- -0.54%
- ALL TIME*
- -2.16%
TLT
- 1D
- -0.66%
- 1M
- -3.81%
- 6M
- -3.46%
- YTD
- -3.49%
- 1Y
- -2.45%
- 3Y*
- -1.80%
- 5Y*
- -8.18%
- 10Y*
- -2.38%
- ALL TIME*
- 3.47%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.63M | $5.32M | $8.06M | |
| $2.33B | $2.02B | $2.19B |
CORN vs. TLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CORN Teucrium Corn Fund | -0.45% | -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 | -3.49% | 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 -0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.09 |
Correlation (3Y) Balances recent behavior with more history. | -0.03 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.05 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.05 |
Correlation (All Time) Calculated using the full available price history since Jun 9, 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.
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 | TLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.26 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 0.99 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.16 | -0.14 | +0.30 |
| Martin ratioReturn relative to average drawdown | 0.47 | -0.30 | +0.77 |
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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 | -13.86% | -7.74% | -6.12% |
Max Drawdown (3Y)Largest decline over 3 years | -28.70% | -14.79% | -13.91% |
Max Drawdown (5Y)Largest decline over 5 years | -45.19% | -43.70% | -1.49% |
Max Drawdown (10Y)Largest decline over 10 years | -45.19% | -48.35% | +3.16% |
Current DrawdownCurrent decline from peak | -66.49% | -42.36% | -24.13% |
Average DrawdownAverage peak-to-trough decline | -51.23% | -13.99% | -37.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.79% | 3.57% | +1.22% |
Volatility
CORN vs. TLT - Volatility Comparison
Teucrium Corn Fund (CORN) has a higher volatility of 5.91% compared to iShares 20+ Year Treasury Bond ETF (TLT) at 2.46%. 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 | 5.91% | 2.46% | +3.45% |
Volatility (6M)Calculated over the trailing 6-month period | 12.60% | 6.85% | +5.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.83% | 9.32% | +6.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.20% | 15.74% | +3.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.27% | 14.83% | +4.44% |
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 4.75%.
| 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 | 4.34% | 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 -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CORN has higher volatility (5.91%) compared to TLT (2.46%). In terms of maximum drawdown, CORN dropped -78.09% vs TLT's -48.35%.
On 10-year performance, CORN leads with -0.54% vs -2.38% for TLT. On fees, TLT is cheaper at 0.15% per year. On volatility, TLT has been the lower-risk option at 2.46%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, CORN has performed better with a -0.54% return vs -2.38%. 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 4.34%, 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.
CORN currently has the higher Sharpe Ratio (0.14 vs -0.11), 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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