CXRN vs. WXET

Last updated Jun 24, 2026

CXRN (Teucrium 2x Daily Corn ETF) and WXET (Teucrium 2x Daily Wheat ETF) are both Leveraged Commodities funds from Teucrium. Both are actively managed. Over the past year, CXRN returned -27.23% vs -16.72% for WXET. A 0.65 correlation means they provide meaningful diversification when combined. Both charge a 0.95% expense ratio.

Performance

CXRN vs. WXET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium 2x Daily Corn ETF (CXRN) and Teucrium 2x Daily Wheat ETF (WXET). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CXRN achieves a -21.39% return, which is significantly lower than WXET's 20.90% return.

CXRN

• 1D: -0.21%
• 1M: -21.84%
• YTD: -21.39%
• 6M: -23.62%
• 1Y: -27.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

WXET

• 1D: -3.02%
• 1M: -17.97%
• YTD: 20.90%
• 6M: 15.80%
• 1Y: -16.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CXRN vs. WXET - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CXRN Teucrium 2x Daily Corn ETF	-21.39%	-25.68%	7.40%
WXET Teucrium 2x Daily Wheat ETF	20.90%	-37.99%	-0.40%

Correlation

The correlation between CXRN and WXET is 0.69, 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	0.69
Correlation (All Time) Calculated using the full available price history since Dec 13, 2024	0.65

The correlation between CXRN and WXET has been stable across timeframes, ranging from 0.65 to 0.69 - a consistent structural relationship.

Return for Risk

CXRN vs. WXET — Risk / Return Rank

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

CXRN

CXRN Risk / Return Rank: 2
CXRN Sharpe Ratio Rank: 3
CXRN Sortino Ratio Rank: 4
CXRN Omega Ratio Rank: 3
CXRN Calmar Ratio Rank: 1
CXRN Martin Ratio Rank: 0

WXET

WXET Risk / Return Rank: 6
WXET Sharpe Ratio Rank: 6
WXET Sortino Ratio Rank: 6
WXET Omega Ratio Rank: 7
WXET Calmar Ratio Rank: 4
WXET Martin Ratio Rank: 5

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. WXET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium 2x Daily Corn ETF (CXRN) and Teucrium 2x Daily Wheat ETF (WXET). 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	WXET	Difference
Sharpe ratio: Return per unit of total volatility	-0.76	-0.35	-0.41
Sortino ratio: Return per unit of downside risk	-0.92	-0.21	-0.71
Omega ratio: Gain probability vs. loss probability	0.89	0.98	-0.09
Calmar ratio: Return relative to maximum drawdown	-0.94	-0.56	-0.38
Martin ratio: Return relative to average drawdown	-2.21	-0.90	-1.31

CXRN vs. WXET - Sharpe Ratio Comparison

The current CXRN Sharpe Ratio is -0.76, which is lower than the WXET Sharpe Ratio of -0.35. The chart below compares the historical Sharpe Ratios of CXRN and WXET, 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. WXET - Drawdown Comparison

The maximum CXRN drawdown since its inception was -51.11%, which is greater than WXET's maximum drawdown of -48.31%. Use the drawdown chart below to compare losses from any high point for CXRN and WXET.

Drawdown Indicators

	CXRN	WXET	Difference
Max Drawdown Largest peak-to-trough decline	-51.11%	-48.31%	-2.80%
Max Drawdown (1Y) Largest decline over 1 year	-28.97%	-29.75%	+0.78%
Current Drawdown Current decline from peak	-51.11%	-37.50%	-13.61%
Average Drawdown Average peak-to-trough decline	-30.67%	-30.63%	-0.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.34%	19.81%	-7.47%

Volatility

CXRN vs. WXET - Volatility Comparison

The current volatility for Teucrium 2x Daily Corn ETF (CXRN) is 9.67%, while Teucrium 2x Daily Wheat ETF (WXET) has a volatility of 11.84%. This indicates that CXRN experiences smaller price fluctuations and is considered to be less risky than WXET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CXRN	WXET	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.67%	11.84%	-2.17%
Volatility (6M) Calculated over the trailing 6-month period	27.05%	39.84%	-12.79%
Volatility (1Y) Calculated over the trailing 1-year period	36.39%	48.74%	-12.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.73%	48.12%	-11.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.73%	48.12%	-11.39%

CXRN vs. WXET - Expense Ratio Comparison

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

Dividends

CXRN vs. WXET - Dividend Comparison

CXRN's dividend yield for the trailing twelve months is around 2.87%, more than WXET's 2.08% yield.

Position	TTM	2025	2024
CXRN Teucrium 2x Daily Corn ETF	2.87%	3.30%	0.13%
WXET Teucrium 2x Daily Wheat ETF	2.08%	3.57%	0.13%

Frequently Asked Questions

Can I hold both CXRN and WXET in my portfolio?

CXRN and WXET have a correlation of 0.69, 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 WXET?

WXET has higher volatility (11.84%) compared to CXRN (9.67%). In terms of maximum drawdown, CXRN dropped -51.11% vs WXET's -48.31%.

Which ETF is better, CXRN or WXET?

On 1-year performance, WXET leads with -16.72% vs -27.23% for CXRN. Both ETFs have the same 0.95% expense ratio. On volatility, CXRN has been the lower-risk option at 9.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CXRN or WXET?

Over the 1-year period, WXET has performed better with a -16.72% return vs -27.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CXRN or WXET?

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

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

CXRN has the higher dividend yield at 2.87%, compared with 2.08% for WXET.

Which has better risk-adjusted returns?

WXET currently has the higher Sharpe Ratio (-0.35 vs -0.76), 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.