CXRN vs. QHY

Last updated Jul 14, 2026

CXRN (Teucrium 2x Daily Corn ETF) and QHY (WisdomTree U.S. Short-Term Corporate Bond Fund) are both exchange-traded funds - CXRN is a Leveraged Commodities fund actively managed by Teucrium, while QHY is a High Yield Bonds fund tracking the WisdomTree U.S. High Yield Corporate Bond Index. CXRN is actively managed, while QHY is passively managed. Over the past year, CXRN returned -10.34% vs 5.85% for QHY. At a correlation of -0.14, they often move in opposite directions. CXRN charges 0.95%/yr vs 0.38%/yr for QHY.

Performance

CXRN vs. QHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium 2x Daily Corn ETF (CXRN) and WisdomTree U.S. Short-Term Corporate Bond Fund (QHY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CXRN achieves a -12.91% return, which is significantly lower than QHY's 1.60% return.

CXRN

• 1D: 0.56%
• 1M: 8.98%
• 6M: -4.70%
• YTD: -12.91%
• 1Y: -10.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QHY

• 1D: -0.20%
• 1M: -0.12%
• 6M: 1.26%
• YTD: 1.60%
• 1Y: 5.85%
• 3Y*: 7.55%
• 5Y*: 3.00%
• 10Y*: 4.71%

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

CXRN vs. QHY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CXRN Teucrium 2x Daily Corn ETF	-12.91%	-25.68%	7.40%
QHY WisdomTree U.S. Short-Term Corporate Bond Fund	1.60%	9.61%	-0.94%

Correlation

The correlation between CXRN and QHY is -0.22, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.22
Correlation (All Time) Calculated using the full available price history since Dec 13, 2024	-0.14

Return for Risk

CXRN vs. QHY — Risk / Return Rank

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

CXRN

CXRN Risk / Return Rank: 6
CXRN Sharpe Ratio Rank: 7
CXRN Sortino Ratio Rank: 7
CXRN Omega Ratio Rank: 7
CXRN Calmar Ratio Rank: 6
CXRN Martin Ratio Rank: 5

QHY

QHY Risk / Return Rank: 64
QHY Sharpe Ratio Rank: 62
QHY Sortino Ratio Rank: 68
QHY Omega Ratio Rank: 67
QHY Calmar Ratio Rank: 53
QHY Martin Ratio Rank: 69

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.

CXRN vs. QHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium 2x Daily Corn ETF (CXRN) and WisdomTree U.S. Short-Term Corporate Bond Fund (QHY). 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	QHY	Difference
Sharpe ratio: Return per unit of total volatility	-0.28	1.63	-1.91
Sortino ratio: Return per unit of downside risk	-0.16	2.48	-2.64
Omega ratio: Gain probability vs. loss probability	0.98	1.32	-0.33
Calmar ratio: Return relative to maximum drawdown	-0.32	2.12	-2.45
Martin ratio: Return relative to average drawdown	-0.90	9.82	-10.73

CXRN vs. QHY - Sharpe Ratio Comparison

The current CXRN Sharpe Ratio is -0.28, which is lower than the QHY Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of CXRN and QHY, 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. QHY - Drawdown Comparison

The maximum CXRN drawdown since its inception was -53.17%, which is greater than QHY's maximum drawdown of -22.74%. Use the drawdown chart below to compare losses from any high point for CXRN and QHY.

Drawdown Indicators

	CXRN	QHY	Difference
Max Drawdown Largest peak-to-trough decline	-53.17%	-22.74%	-30.43%
Max Drawdown (1Y) Largest decline over 1 year	-31.96%	-2.77%	-29.19%
Max Drawdown (3Y) Largest decline over 3 years	—	-4.58%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.21%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-22.74%	—
Current Drawdown Current decline from peak	-45.84%	-0.41%	-45.43%
Average Drawdown Average peak-to-trough decline	-31.28%	-2.72%	-28.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.49%	0.60%	+10.89%

Volatility

CXRN vs. QHY - Volatility Comparison

Teucrium 2x Daily Corn ETF (CXRN) has a higher volatility of 15.36% compared to WisdomTree U.S. Short-Term Corporate Bond Fund (QHY) at 0.84%. This indicates that CXRN's price experiences larger fluctuations and is considered to be riskier than QHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CXRN	QHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.36%	0.84%	+14.52%
Volatility (6M) Calculated over the trailing 6-month period	29.82%	2.91%	+26.91%
Volatility (1Y) Calculated over the trailing 1-year period	36.85%	3.62%	+33.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.77%	7.58%	+30.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.77%	8.17%	+29.60%

CXRN vs. QHY - Expense Ratio Comparison

CXRN has a 0.95% expense ratio, which is higher than QHY's 0.38% expense ratio.

Dividends

CXRN vs. QHY - Dividend Comparison

CXRN's dividend yield for the trailing twelve months is around 2.47%, less than QHY's 6.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
CXRN Teucrium 2x Daily Corn ETF	2.47%	3.30%	0.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QHY WisdomTree U.S. Short-Term Corporate Bond Fund	6.26%	6.26%	6.40%	6.11%	5.44%	4.09%	4.80%	5.21%	5.93%	6.47%	4.39%

Frequently Asked Questions

Can I hold both CXRN and QHY in my portfolio?

CXRN and QHY have a correlation of -0.22, 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 QHY?

CXRN has higher volatility (15.36%) compared to QHY (0.84%). In terms of maximum drawdown, CXRN dropped -53.17% vs QHY's -22.74%.

Which ETF is better, CXRN or QHY?

On 1-year performance, QHY leads with 5.85% vs -10.34% for CXRN. On fees, QHY is cheaper at 0.38% per year. On volatility, QHY has been the lower-risk option at 0.84%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CXRN or QHY?

Over the 1-year period, QHY has performed better with a 5.85% return vs -10.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CXRN or QHY?

QHY is cheaper with a 0.38% expense ratio, compared with 0.95% for CXRN.

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

QHY has the higher dividend yield at 6.26%, compared with 2.47% for CXRN.

What is the main difference between CXRN and QHY?

CXRN is categorized as Leveraged Commodities, while QHY is High Yield Bonds. They also come from different issuers: Teucrium and WisdomTree. Their fees differ too: 0.95% for CXRN and 0.38% for QHY.

Which has better risk-adjusted returns?

QHY currently has the higher Sharpe Ratio (1.63 vs -0.28), 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.