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DAX vs. CORN
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

DAX vs. CORN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X DAX Germany ETF (DAX) and Teucrium Corn Fund (CORN). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, DAX achieves a -2.02% return, which is significantly higher than CORN's -4.00% return. Over the past 10 years, DAX has outperformed CORN with an annualized return of 9.21%, while CORN has yielded a comparatively lower -2.94% annualized return.


DAX

1D
-0.07%
1M
-1.60%
YTD
-2.02%
6M
0.86%
1Y
1.43%
3Y*
17.37%
5Y*
7.56%
10Y*
9.21%

CORN

1D
-0.23%
1M
-8.54%
YTD
-4.00%
6M
-4.58%
1Y
-8.59%
3Y*
-10.03%
5Y*
-5.19%
10Y*
-2.94%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DAX vs. CORN - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
DAX
Global X DAX Germany ETF
-2.02%39.00%10.55%23.62%-18.47%7.73%12.27%22.11%-22.92%28.23%
CORN
Teucrium Corn Fund
-4.00%-5.54%-12.98%-19.90%25.02%38.25%5.27%-7.79%-4.28%-10.38%

Correlation

The correlation between DAX and CORN is -0.09, 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 (1Y)
Calculated over the trailing 1-year period

-0.09

Correlation (3Y)
Calculated over the trailing 3-year period

-0.02

Correlation (5Y)
Calculated over the trailing 5-year period

-0.02

Correlation (10Y)
Calculated over the trailing 10-year period

0.03

Correlation (All Time)
Calculated using the full available price history since Oct 24, 2014

0.05

The correlation between DAX and CORN shifts across timeframes, from -0.09 (1 year) to 0.05 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

DAX vs. CORN — Risk / Return Rank

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

DAX
DAX Risk / Return Rank: 1010
Overall Rank
DAX Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
DAX Sortino Ratio Rank: 1010
Sortino Ratio Rank
DAX Omega Ratio Rank: 1010
Omega Ratio Rank
DAX Calmar Ratio Rank: 1111
Calmar Ratio Rank
DAX Martin Ratio Rank: 1111
Martin Ratio Rank

CORN
CORN Risk / Return Rank: 33
Overall Rank
CORN Sharpe Ratio Rank: 55
Sharpe Ratio Rank
CORN Sortino Ratio Rank: 55
Sortino Ratio Rank
CORN Omega Ratio Rank: 55
Omega Ratio Rank
CORN Calmar Ratio Rank: 22
Calmar Ratio Rank
CORN Martin Ratio Rank: 00
Martin Ratio Rank
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.

DAX vs. CORN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X DAX Germany ETF (DAX) and Teucrium Corn Fund (CORN). 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.


DAXCORNDifference
Sharpe ratioReturn per unit of total volatility

+0.64

Sortino ratioReturn per unit of downside risk

+0.91

Omega ratioGain probability vs. loss probability

1.03

0.92

+0.11

Calmar ratioReturn relative to maximum drawdown

0.10

-0.79

+0.88

Martin ratioReturn relative to average drawdown

0.30

-1.92

+2.22

DAX vs. CORN - Sharpe Ratio Comparison

The current DAX Sharpe Ratio is 0.08, which is higher than the CORN Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of DAX and CORN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


DAXCORNDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.08

-0.56

+0.64

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.37

-0.26

+0.63

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.44

-0.15

+0.59

Sharpe Ratio (All Time)

Calculated using the full available price history

0.34

-0.10

+0.44

Drawdowns

DAX vs. CORN - Drawdown Comparison

The maximum DAX drawdown since its inception was -45.58%, smaller than the maximum CORN drawdown of -78.09%. Use the drawdown chart below to compare losses from any high point for DAX and CORN.


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Drawdown Indicators


DAXCORNDifference

Max Drawdown

Largest peak-to-trough decline

-45.58%

-78.09%

+32.51%

Max Drawdown (1Y)

Largest decline over 1 year

-14.82%

-10.98%

-3.84%

Max Drawdown (3Y)

Largest decline over 3 years

-16.03%

-38.57%

+22.54%

Max Drawdown (5Y)

Largest decline over 5 years

-39.72%

-44.39%

+4.67%

Max Drawdown (10Y)

Largest decline over 10 years

-45.58%

-51.10%

+5.52%

Current Drawdown

Current decline from peak

-5.93%

-67.69%

+61.76%

Average Drawdown

Average peak-to-trough decline

-10.50%

-51.09%

+40.59%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.71%

5.31%

-0.60%

Volatility

DAX vs. CORN - Volatility Comparison

The current volatility for Global X DAX Germany ETF (DAX) is 5.30%, while Teucrium Corn Fund (CORN) has a volatility of 6.09%. This indicates that DAX experiences smaller price fluctuations and is considered to be less risky than CORN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


DAXCORNDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.30%

6.09%

-0.79%

Volatility (6M)

Calculated over the trailing 6-month period

14.59%

11.51%

+3.08%

Volatility (1Y)

Calculated over the trailing 1-year period

17.86%

15.42%

+2.44%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.41%

20.14%

+0.27%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.28%

19.40%

+1.88%

DAX vs. CORN - Expense Ratio Comparison

DAX has a 0.20% expense ratio, which is lower than CORN's 2.19% expense ratio.


Dividends

DAX vs. CORN - Dividend Comparison

DAX's dividend yield for the trailing twelve months is around 1.50%, while CORN has not paid dividends to shareholders.


PositionTTM20252024202320222021202020192018201720162015
CORN
Teucrium Corn Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DAX
Global X DAX Germany ETF
1.50%1.47%2.24%2.48%2.80%2.65%2.25%2.47%3.33%1.73%1.78%1.41%

Frequently Asked Questions


DAX and CORN 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.

CORN has higher volatility (6.09%) compared to DAX (5.30%). In terms of maximum drawdown, DAX dropped -45.58% vs CORN's -78.09%.

On 10-year performance, DAX leads with 9.21% vs -2.94% for CORN. On fees, DAX is cheaper at 0.20% per year. On volatility, DAX has been the lower-risk option at 5.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, DAX has performed better with a 9.21% return vs -2.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

DAX is cheaper with a 0.20% expense ratio, compared with 2.19% for CORN.

DAX has the higher dividend yield at 1.50%, compared with 0.00% for CORN.

DAX is categorized as Europe Equities, while CORN is Agricultural Commodities. DAX tracks DAX Index, while CORN tracks Teucrium Corn Fund Benchmark. They also come from different issuers: Global X and Teucrium. Their fees differ too: 0.20% for DAX and 2.19% for CORN.

DAX currently has the higher Sharpe Ratio (0.08 vs -0.56), 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.

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