CXRN vs. TAGS

Last updated Jul 14, 2026

CXRN (Teucrium 2x Daily Corn ETF) and TAGS (Teucrium Agricultural Fund) are both exchange-traded funds - CXRN is a Leveraged Commodities fund actively managed by Teucrium, while TAGS is a Agricultural Commodities fund tracking the Teucrium TAGS Index. CXRN is actively managed, while TAGS is passively managed. Over the past year, CXRN returned -10.34% vs 3.48% for TAGS. A 0.72 correlation means they provide meaningful diversification when combined. CXRN charges 0.95%/yr vs 0.21%/yr for TAGS.

Performance

CXRN vs. TAGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium 2x Daily Corn ETF (CXRN) and Teucrium Agricultural Fund (TAGS). 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 TAGS's 8.47% return.

CXRN

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

TAGS

• 1D: 0.14%
• 1M: 5.26%
• 6M: 9.21%
• YTD: 8.47%
• 1Y: 3.48%
• 3Y*: -7.48%
• 5Y*: -0.39%
• 10Y*: -1.24%

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

CXRN vs. TAGS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CXRN Teucrium 2x Daily Corn ETF	-12.91%	-25.68%	7.40%
TAGS Teucrium Agricultural Fund	8.47%	-8.76%	-1.32%

Correlation

The correlation between CXRN and TAGS is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.78
Correlation (All Time) Calculated using the full available price history since Dec 13, 2024	0.72

The correlation between CXRN and TAGS has been stable across timeframes, ranging from 0.72 to 0.78 - a consistent structural relationship.

Return for Risk

CXRN vs. TAGS — 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

TAGS

TAGS Risk / Return Rank: 13
TAGS Sharpe Ratio Rank: 14
TAGS Sortino Ratio Rank: 13
TAGS Omega Ratio Rank: 12
TAGS Calmar Ratio Rank: 14
TAGS Martin Ratio Rank: 13

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. TAGS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium 2x Daily Corn ETF (CXRN) and Teucrium Agricultural Fund (TAGS). 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	TAGS	Difference
Sharpe ratio: Return per unit of total volatility	-0.28	0.27	-0.56
Sortino ratio: Return per unit of downside risk	-0.16	0.50	-0.65
Omega ratio: Gain probability vs. loss probability	0.98	1.05	-0.07
Calmar ratio: Return relative to maximum drawdown	-0.32	0.36	-0.69
Martin ratio: Return relative to average drawdown	-0.90	0.74	-1.64

CXRN vs. TAGS - Sharpe Ratio Comparison

The current CXRN Sharpe Ratio is -0.28, which is lower than the TAGS Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of CXRN and TAGS, 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. TAGS - Drawdown Comparison

The maximum CXRN drawdown since its inception was -53.17%, smaller than the maximum TAGS drawdown of -76.40%. Use the drawdown chart below to compare losses from any high point for CXRN and TAGS.

Drawdown Indicators

	CXRN	TAGS	Difference
Max Drawdown Largest peak-to-trough decline	-53.17%	-76.40%	+23.23%
Max Drawdown (1Y) Largest decline over 1 year	-31.96%	-9.65%	-22.31%
Max Drawdown (3Y) Largest decline over 3 years	—	-32.73%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-37.60%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-43.84%	—
Current Drawdown Current decline from peak	-45.84%	-62.88%	+17.04%
Average Drawdown Average peak-to-trough decline	-31.28%	-57.26%	+25.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.49%	4.72%	+6.77%

Volatility

CXRN vs. TAGS - Volatility Comparison

Teucrium 2x Daily Corn ETF (CXRN) has a higher volatility of 15.36% compared to Teucrium Agricultural Fund (TAGS) at 4.36%. This indicates that CXRN's price experiences larger fluctuations and is considered to be riskier than TAGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CXRN	TAGS	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.36%	4.36%	+11.00%
Volatility (6M) Calculated over the trailing 6-month period	29.82%	10.67%	+19.15%
Volatility (1Y) Calculated over the trailing 1-year period	36.85%	12.74%	+24.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.77%	16.11%	+21.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.77%	18.00%	+19.77%

CXRN vs. TAGS - Expense Ratio Comparison

CXRN has a 0.95% expense ratio, which is higher than TAGS's 0.21% expense ratio.

Dividends

CXRN vs. TAGS - Dividend Comparison

CXRN's dividend yield for the trailing twelve months is around 2.47%, while TAGS has not paid dividends to shareholders.

Position	TTM	2025	2024
CXRN Teucrium 2x Daily Corn ETF	2.47%	3.30%	0.13%
TAGS Teucrium Agricultural Fund	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CXRN and TAGS in my portfolio?

CXRN and TAGS have a correlation of 0.78, 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 TAGS?

CXRN has higher volatility (15.36%) compared to TAGS (4.36%). In terms of maximum drawdown, CXRN dropped -53.17% vs TAGS's -76.40%.

Which ETF is better, CXRN or TAGS?

On 1-year performance, TAGS leads with 3.48% vs -10.34% for CXRN. On fees, TAGS is cheaper at 0.21% per year. On volatility, TAGS has been the lower-risk option at 4.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CXRN or TAGS?

Over the 1-year period, TAGS has performed better with a 3.48% 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 TAGS?

TAGS is cheaper with a 0.21% expense ratio, compared with 0.95% for CXRN.

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

CXRN has the higher dividend yield at 2.47%, compared with 0.00% for TAGS.

What is the main difference between CXRN and TAGS?

CXRN is categorized as Leveraged Commodities, while TAGS is Agricultural Commodities. Their fees differ too: 0.95% for CXRN and 0.21% for TAGS.

Which has better risk-adjusted returns?

TAGS currently has the higher Sharpe Ratio (0.27 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.