CORN vs. WEAT
Compare and contrast key facts about Teucrium Corn Fund (CORN) and Teucrium Wheat Fund (WEAT).
CORN and WEAT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CORN is a passively managed fund by Teucrium that tracks the performance of the Teucrium Corn Fund Benchmark. It was launched on Jun 9, 2010. WEAT is a passively managed fund by Teucrium that tracks the performance of the Teucrium Wheat Fund Benchmark. It was launched on Sep 19, 2011. Both CORN and WEAT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CORN or WEAT.
Key characteristics
CORN | WEAT | |
---|---|---|
YTD Return | -16.92% | -19.60% |
1Y Return | -19.02% | -15.49% |
3Y Return (Ann) | -5.86% | -15.69% |
5Y Return (Ann) | 4.24% | -2.11% |
10Y Return (Ann) | -3.81% | -8.83% |
Sharpe Ratio | -1.30 | -0.71 |
Sortino Ratio | -1.88 | -0.93 |
Omega Ratio | 0.80 | 0.90 |
Calmar Ratio | -0.30 | -0.20 |
Martin Ratio | -1.43 | -1.14 |
Ulcer Index | 14.01% | 14.56% |
Daily Std Dev | 15.31% | 23.59% |
Max Drawdown | -78.09% | -81.34% |
Current Drawdown | -65.98% | -81.07% |
Correlation
The correlation between CORN and WEAT is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CORN vs. WEAT - Performance Comparison
In the year-to-date period, CORN achieves a -16.92% return, which is significantly higher than WEAT's -19.60% return. Over the past 10 years, CORN has outperformed WEAT with an annualized return of -3.81%, while WEAT has yielded a comparatively lower -8.83% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CORN vs. WEAT - Expense Ratio Comparison
CORN has a 2.19% expense ratio, which is higher than WEAT's 1.91% expense ratio.
Risk-Adjusted Performance
CORN vs. WEAT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Teucrium Corn Fund (CORN) and Teucrium Wheat Fund (WEAT). 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.
Dividends
CORN vs. WEAT - Dividend Comparison
Neither CORN nor WEAT has paid dividends to shareholders.
Drawdowns
CORN vs. WEAT - Drawdown Comparison
The maximum CORN drawdown since its inception was -78.09%, roughly equal to the maximum WEAT drawdown of -81.34%. Use the drawdown chart below to compare losses from any high point for CORN and WEAT. For additional features, visit the drawdowns tool.
Volatility
CORN vs. WEAT - Volatility Comparison
The current volatility for Teucrium Corn Fund (CORN) is 3.37%, while Teucrium Wheat Fund (WEAT) has a volatility of 4.96%. This indicates that CORN experiences smaller price fluctuations and is considered to be less risky than WEAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.