CXRN vs. UPAL

Last updated Jul 17, 2026

CXRN (Teucrium 2x Daily Corn ETF) and UPAL (ProShares Ultra Palladium K-1 Free ETF) are both Leveraged Commodities funds. Both are actively managed. At a 0.04 correlation, their price movements are largely independent. Both charge a 0.95% expense ratio.

Performance

CXRN vs. UPAL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium 2x Daily Corn ETF (CXRN) and ProShares Ultra Palladium K-1 Free ETF (UPAL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CXRN

• 1D: -2.62%
• 1M: 8.36%
• 6M: -3.79%
• YTD: -12.67%
• 1Y: -14.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

UPAL

• 1D: -8.41%
• 1M: -16.49%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CXRN vs. UPAL - Yearly Performance Comparison

	2026 (YTD)
CXRN Teucrium 2x Daily Corn ETF	-12.14%
UPAL ProShares Ultra Palladium K-1 Free ETF	-41.23%

Correlation

The correlation between CXRN and UPAL is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 21, 2026	0.05

Return for Risk

CXRN vs. UPAL — 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: 6
CXRN Sortino Ratio Rank: 6
CXRN Omega Ratio Rank: 6
CXRN Calmar Ratio Rank: 6
CXRN Martin Ratio Rank: 3

UPAL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. UPAL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium 2x Daily Corn ETF (CXRN) and ProShares Ultra Palladium K-1 Free ETF (UPAL). 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	UPAL	Difference
Sharpe ratio: Return per unit of total volatility	-0.38	—	—
Sortino ratio: Return per unit of downside risk	-0.31	—	—
Omega ratio: Gain probability vs. loss probability	0.96	—	—
Calmar ratio: Return relative to maximum drawdown	-0.44	—	—
Martin ratio: Return relative to average drawdown	-1.20	—	—

Drawdowns

CXRN vs. UPAL - Drawdown Comparison

The maximum CXRN drawdown since its inception was -53.17%, which is greater than UPAL's maximum drawdown of -48.54%. Use the drawdown chart below to compare losses from any high point for CXRN and UPAL.

Drawdown Indicators

	CXRN	UPAL	Difference
Max Drawdown Largest peak-to-trough decline	-53.17%	-48.54%	-4.63%
Max Drawdown (1Y) Largest decline over 1 year	-31.96%	—	—
Current Drawdown Current decline from peak	-45.69%	-41.23%	-4.46%
Average Drawdown Average peak-to-trough decline	-31.38%	-28.11%	-3.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.72%	—	—

Volatility

Volatility by Period

	CXRN	UPAL	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.65%	—	—
Volatility (6M) Calculated over the trailing 6-month period	28.25%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	37.12%	80.74%	-43.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.88%	80.74%	-42.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.88%	80.74%	-42.86%

CXRN vs. UPAL - Expense Ratio Comparison

Both CXRN and UPAL have an expense ratio of 0.95%.

Dividends

CXRN vs. UPAL - Dividend Comparison

CXRN's dividend yield for the trailing twelve months is around 2.47%, more than UPAL's 0.26% yield.

Position	TTM	2025	2024
CXRN Teucrium 2x Daily Corn ETF	2.47%	3.30%	0.13%
UPAL ProShares Ultra Palladium K-1 Free ETF	0.26%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CXRN and UPAL in my portfolio?

CXRN and UPAL have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CXRN or UPAL?

Both ETFs have the same 0.95% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CXRN or UPAL?

CXRN and UPAL have the same expense ratio: 0.95% per year.

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

CXRN has the higher dividend yield at 2.47%, compared with 0.26% for UPAL.

What is the main difference between CXRN and UPAL?

They also come from different issuers: Teucrium and ProShares.