CXRN vs. DZZ

Last updated Aug 1, 2026

CXRN (Teucrium 2x Daily Corn ETF) and DZZ (DB Gold Double Short Exchange Traded Notes) are both Leveraged Commodities funds. CXRN is actively managed, while DZZ is passively managed. Over the past year, CXRN returned -7.33% vs 6.12% for DZZ. Their 0.01 correlation means their historical movements had little consistent relationship. CXRN charges 0.95%/yr vs 0.75%/yr for DZZ.

Performance

CXRN vs. DZZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium 2x Daily Corn ETF (CXRN) and DB Gold Double Short Exchange Traded Notes (DZZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CXRN achieves a -13.17% return, which is significantly higher than DZZ's -50.53% return.

CXRN

• 1D: -2.07%
• 1M: 8.11%
• 6M: -7.88%
• YTD: -13.17%
• 1Y: -7.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -20.15%

DZZ

• 1D: -0.55%
• 1M: -7.58%
• 6M: -52.15%
• YTD: -50.53%
• 1Y: 6.12%
• 3Y*: -9.06%
• 5Y*: -6.95%
• 10Y*: -9.09%
• ALL TIME*: -13.05%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CXRN Teucrium 2x Daily Corn ETF	$59.75K	$98.55K	$292.18K
DZZ DB Gold Double Short Exchange Traded Notes	$5.88K	$5.95K	$21.77K

CXRN vs. DZZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CXRN Teucrium 2x Daily Corn ETF	-13.17%	-25.68%	7.40%
DZZ DB Gold Double Short Exchange Traded Notes	-50.53%	132.78%	-0.63%

Correlation

The correlation between CXRN and DZZ 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 (All Time) Calculated using the full available price history since Dec 13, 2024	0.01

Return for Risk

CXRN vs. DZZ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CXRN

CXRN Risk / Return Rank: 7
CXRN Sharpe Ratio Rank: 7
CXRN Sortino Ratio Rank: 8
CXRN Omega Ratio Rank: 8
CXRN Calmar Ratio Rank: 7
CXRN Martin Ratio Rank: 6

DZZ

DZZ Risk / Return Rank: 24
DZZ Sharpe Ratio Rank: 11
DZZ Sortino Ratio Rank: 42
DZZ Omega Ratio Rank: 44
DZZ Calmar Ratio Rank: 11
DZZ Martin Ratio Rank: 11

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CXRN vs. DZZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium 2x Daily Corn ETF (CXRN) and DB Gold Double Short Exchange Traded Notes (DZZ). 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.

	CXRN	DZZ	Difference
Sharpe ratio: Return per unit of total volatility	-0.26	0.01	-0.27
Sortino ratio: Return per unit of downside risk	-0.11	1.56	-1.67
Omega ratio: Gain probability vs. loss probability	0.99	1.20	-0.22
Calmar ratio: Return relative to maximum drawdown	-0.30	0.02	-0.33
Martin ratio: Return relative to average drawdown	-0.83	0.03	-0.87

CXRN vs. DZZ - Sharpe Ratio Comparison

The current CXRN Sharpe Ratio is -0.26, which is lower than the DZZ Sharpe Ratio of 0.01. The chart below compares the historical Sharpe Ratios of CXRN and DZZ, 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

CXRN vs. DZZ - Drawdown Comparison

The maximum CXRN drawdown since its inception was -53.17%, smaller than the maximum DZZ drawdown of -96.64%. Use the drawdown chart below to compare losses from any high point for CXRN and DZZ.

Drawdown Indicators

	CXRN	DZZ	Difference
Max Drawdown Largest peak-to-trough decline	-53.17%	-96.64%	+43.47%
Max Drawdown (1Y) Largest decline over 1 year	-31.96%	-81.05%	+49.09%
Max Drawdown (3Y) Largest decline over 3 years	—	-81.05%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-81.05%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-81.05%	—
Current Drawdown Current decline from peak	-46.00%	-95.37%	+49.37%
Average Drawdown Average peak-to-trough decline	-31.70%	-82.40%	+50.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.66%	61.82%	-50.16%

Volatility

CXRN vs. DZZ - Volatility Comparison

Teucrium 2x Daily Corn ETF (CXRN) has a higher volatility of 15.18% compared to DB Gold Double Short Exchange Traded Notes (DZZ) at 14.44%. This indicates that CXRN's price experiences larger fluctuations and is considered to be riskier than DZZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CXRN	DZZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.18%	14.44%	+0.74%
Volatility (6M) Calculated over the trailing 6-month period	29.46%	52.18%	-22.72%
Volatility (1Y) Calculated over the trailing 1-year period	37.65%	170.05%	-132.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.12%	84.19%	-46.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.12%	64.26%	-26.14%

CXRN vs. DZZ - Expense Ratio Comparison

CXRN has a 0.95% expense ratio, which is higher than DZZ's 0.75% expense ratio.

Dividends

CXRN vs. DZZ - Dividend Comparison

CXRN's dividend yield for the trailing twelve months is around 2.38%, while DZZ has not paid dividends to shareholders.

Position	TTM	2025	2024
CXRN Teucrium 2x Daily Corn ETF	2.38%	3.30%	0.13%
DZZ DB Gold Double Short Exchange Traded Notes	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CXRN and DZZ in my portfolio?

CXRN and DZZ 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.

Which is riskier, CXRN or DZZ?

CXRN has higher volatility (15.18%) compared to DZZ (14.44%). In terms of maximum drawdown, CXRN dropped -53.17% vs DZZ's -96.64%.

Which ETF is better, CXRN or DZZ?

On 1-year performance, DZZ leads with 6.12% vs -7.33% for CXRN. On fees, DZZ is cheaper at 0.75% per year. On volatility, DZZ has been the lower-risk option at 14.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CXRN or DZZ?

Over the 1-year period, DZZ has performed better with a 6.12% return vs -7.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CXRN or DZZ?

DZZ is cheaper with a 0.75% expense ratio, compared with 0.95% for CXRN.

Which ETF pays a higher dividend yield, CXRN or DZZ?

CXRN has the higher dividend yield at 2.38%, compared with 0.00% for DZZ.

What is the main difference between CXRN and DZZ?

They also come from different issuers: Teucrium and Deutsche Bank. Their fees differ too: 0.95% for CXRN and 0.75% for DZZ.

Which has better risk-adjusted returns?

DZZ currently has the higher Sharpe Ratio (0.01 vs -0.26), 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.