GLCR vs. WEAT

Last updated Jun 4, 2026

GLCR (GlacierShares Nasdaq Iceland ETF) and WEAT (Teucrium Wheat Fund) are both exchange-traded funds - GLCR is a Europe Equities fund tracking the MarketVector Iceland Global Total Return Net Index, while WEAT is a Agricultural Commodities fund tracking the Teucrium Wheat Fund Benchmark. Both are passively managed. Over the past year, GLCR returned -7.32% vs -0.35% for WEAT. At a correlation of -0.02, they often move in opposite directions. GLCR charges 0.95%/yr vs 1.91%/yr for WEAT.

Performance

GLCR vs. WEAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GlacierShares Nasdaq Iceland ETF (GLCR) and Teucrium Wheat Fund (WEAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLCR achieves a -10.49% return, which is significantly lower than WEAT's 13.52% return.

GLCR

• 1D: -0.67%
• 1M: -9.07%
• YTD: -10.49%
• 6M: -3.88%
• 1Y: -7.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

WEAT

• 1D: -2.07%
• 1M: -6.32%
• YTD: 13.52%
• 6M: 8.73%
• 1Y: -0.35%
• 3Y*: -10.48%
• 5Y*: -7.95%
• 10Y*: -6.84%

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

GLCR vs. WEAT - Yearly Performance Comparison

	2026 (YTD)	2025
GLCR GlacierShares Nasdaq Iceland ETF	-10.49%	8.04%
WEAT Teucrium Wheat Fund	13.52%	-14.48%

Correlation

The correlation between GLCR and WEAT is -0.05, 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	-0.05
Correlation (All Time) Calculated using the full available price history since Mar 28, 2025	-0.02

Return for Risk

GLCR vs. WEAT — Risk / Return Rank

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

GLCR

GLCR Risk / Return Rank: 5
GLCR Sharpe Ratio Rank: 5
GLCR Sortino Ratio Rank: 5
GLCR Omega Ratio Rank: 5
GLCR Calmar Ratio Rank: 5
GLCR Martin Ratio Rank: 3

WEAT

WEAT Risk / Return Rank: 8
WEAT Sharpe Ratio Rank: 9
WEAT Sortino Ratio Rank: 8
WEAT Omega Ratio Rank: 8
WEAT Calmar Ratio Rank: 8
WEAT Martin Ratio Rank: 8

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.

GLCR vs. WEAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GlacierShares Nasdaq Iceland ETF (GLCR) and Teucrium Wheat Fund (WEAT). 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.

	GLCR	WEAT	Difference
Sharpe ratio Return per unit of total volatility	-0.45	-0.02	-0.43
Sortino ratio Return per unit of downside risk	-0.50	0.15	-0.65
Omega ratio Gain probability vs. loss probability	0.94	1.02	-0.08
Calmar ratio Return relative to maximum drawdown	-0.44	-0.02	-0.42
Martin ratio Return relative to average drawdown	-1.22	-0.03	-1.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLCR vs. WEAT - Sharpe Ratio Comparison

The current GLCR Sharpe Ratio is -0.45, which is lower than the WEAT Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of GLCR and WEAT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GLCR	WEAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.45	-0.02	-0.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.26	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.26	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.15	-0.41	+0.26

Drawdowns

GLCR vs. WEAT - Drawdown Comparison

The maximum GLCR drawdown since its inception was -16.79%, smaller than the maximum WEAT drawdown of -84.32%. Use the drawdown chart below to compare losses from any high point for GLCR and WEAT.

Drawdown Indicators

	GLCR	WEAT	Difference
Max Drawdown Largest peak-to-trough decline	-16.79%	-84.32%	+67.53%
Max Drawdown (1Y) Largest decline over 1 year	-16.79%	-17.85%	+1.06%
Max Drawdown (3Y) Largest decline over 3 years	—	-46.27%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-67.83%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-67.83%	—
Current Drawdown Current decline from peak	-16.79%	-82.12%	+65.33%
Average Drawdown Average peak-to-trough decline	-4.54%	-63.12%	+58.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.02%	11.29%	-5.27%

Volatility

GLCR vs. WEAT - Volatility Comparison

The current volatility for GlacierShares Nasdaq Iceland ETF (GLCR) is 7.93%, while Teucrium Wheat Fund (WEAT) has a volatility of 10.00%. This indicates that GLCR experiences smaller price fluctuations and is considered to be less risky than WEAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLCR	WEAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.93%	10.00%	-2.07%
Volatility (6M) Calculated over the trailing 6-month period	13.27%	18.05%	-4.78%
Volatility (1Y) Calculated over the trailing 1-year period	16.40%	22.62%	-6.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.62%	30.51%	-11.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.62%	26.80%	-8.18%

GLCR vs. WEAT - Expense Ratio Comparison

GLCR has a 0.95% expense ratio, which is lower than WEAT's 1.91% expense ratio.

Dividends

GLCR vs. WEAT - Dividend Comparison

GLCR's dividend yield for the trailing twelve months is around 1.08%, while WEAT has not paid dividends to shareholders.

Position	TTM	2025
GLCR GlacierShares Nasdaq Iceland ETF	1.08%	0.97%
WEAT Teucrium Wheat Fund	0.00%	0.00%

Frequently Asked Questions

Can I hold both GLCR and WEAT in my portfolio?

GLCR and WEAT have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GLCR or WEAT?

WEAT has higher volatility (10.00%) compared to GLCR (7.93%). In terms of maximum drawdown, GLCR dropped -16.79% vs WEAT's -84.32%.

Which ETF is better, GLCR or WEAT?

On 1-year performance, WEAT leads with -0.35% vs -7.32% for GLCR. On fees, GLCR is cheaper at 0.95% per year. On volatility, GLCR has been the lower-risk option at 7.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GLCR or WEAT?

Over the 1-year period, WEAT has performed better with a -0.35% return vs -7.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GLCR or WEAT?

GLCR is cheaper with a 0.95% expense ratio, compared with 1.91% for WEAT.

Which ETF pays a higher dividend yield, GLCR or WEAT?

GLCR has the higher dividend yield at 1.08%, compared with 0.00% for WEAT.

What is the main difference between GLCR and WEAT?

GLCR is categorized as Europe Equities, while WEAT is Agricultural Commodities. GLCR tracks MarketVector Iceland Global Total Return Net Index, while WEAT tracks Teucrium Wheat Fund Benchmark. Their fees differ too: 0.95% for GLCR and 1.91% for WEAT.

Which has better risk-adjusted returns?

WEAT currently has the higher Sharpe Ratio (-0.02 vs -0.45), 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.