ISCMF vs. TILL

Last updated Jun 24, 2026

ISCMF (iShares Diversified Commodity Swap UCITS ETF) and TILL (Teucrium Agricultural Strategy No K-1 ETF) are both Commodities funds. ISCMF is passively managed, while TILL is actively managed. Over the past 3 years, ISCMF returned 16.78%/yr vs -8.91%/yr for TILL. At a 0.07 correlation, their price movements are largely independent. ISCMF charges 0.19%/yr vs 0.89%/yr for TILL.

Performance

ISCMF vs. TILL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Diversified Commodity Swap UCITS ETF (ISCMF) and Teucrium Agricultural Strategy No K-1 ETF (TILL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ISCMF achieves a 22.87% return, which is significantly higher than TILL's 2.85% return.

ISCMF

• 1D: 0.00%
• 1M: -4.99%
• YTD: 22.87%
• 6M: 22.87%
• 1Y: 31.30%
• 3Y*: 16.78%
• 5Y*: —
• 10Y*: —

TILL

• 1D: -0.32%
• 1M: -7.52%
• YTD: 2.85%
• 6M: 1.90%
• 1Y: -3.91%
• 3Y*: -8.91%
• 5Y*: —
• 10Y*: —

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

ISCMF vs. TILL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ISCMF iShares Diversified Commodity Swap UCITS ETF	22.87%	19.65%	3.13%	-9.58%	-5.08%
TILL Teucrium Agricultural Strategy No K-1 ETF	2.85%	-5.97%	-13.98%	-5.00%	-11.52%

Correlation

The correlation between ISCMF and TILL is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (All Time) Calculated using the full available price history since May 17, 2022	0.07

Return for Risk

ISCMF vs. TILL — Risk / Return Rank

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

ISCMF

ISCMF Risk / Return Rank: 78
ISCMF Sharpe Ratio Rank: 56
ISCMF Sortino Ratio Rank: 77
ISCMF Omega Ratio Rank: 98
ISCMF Calmar Ratio Rank: 92
ISCMF Martin Ratio Rank: 69

TILL

TILL Risk / Return Rank: 6
TILL Sharpe Ratio Rank: 6
TILL Sortino Ratio Rank: 6
TILL Omega Ratio Rank: 6
TILL Calmar Ratio Rank: 5
TILL 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.

ISCMF vs. TILL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Diversified Commodity Swap UCITS ETF (ISCMF) and Teucrium Agricultural Strategy No K-1 ETF (TILL). 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.

	ISCMF	TILL	Difference
Sharpe ratio: Return per unit of total volatility	1.76	-0.31	+2.07
Sortino ratio: Return per unit of downside risk	3.18	-0.37	+3.55
Omega ratio: Gain probability vs. loss probability	2.31	0.96	+1.35
Calmar ratio: Return relative to maximum drawdown	5.53	-0.41	+5.94
Martin ratio: Return relative to average drawdown	11.85	-0.80	+12.65

ISCMF vs. TILL - Sharpe Ratio Comparison

The current ISCMF Sharpe Ratio is 1.76, which is higher than the TILL Sharpe Ratio of -0.31. The chart below compares the historical Sharpe Ratios of ISCMF and TILL, 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

ISCMF vs. TILL - Drawdown Comparison

The maximum ISCMF drawdown since its inception was -25.42%, smaller than the maximum TILL drawdown of -33.76%. Use the drawdown chart below to compare losses from any high point for ISCMF and TILL.

Drawdown Indicators

	ISCMF	TILL	Difference
Max Drawdown Largest peak-to-trough decline	-25.42%	-33.76%	+8.34%
Max Drawdown (1Y) Largest decline over 1 year	-5.69%	-9.60%	+3.91%
Max Drawdown (3Y) Largest decline over 3 years	-7.62%	-29.46%	+21.84%
Current Drawdown Current decline from peak	-5.26%	-30.98%	+25.72%
Average Drawdown Average peak-to-trough decline	-13.35%	-21.48%	+8.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.65%	4.93%	-2.28%

Volatility

ISCMF vs. TILL - Volatility Comparison

iShares Diversified Commodity Swap UCITS ETF (ISCMF) has a higher volatility of 5.11% compared to Teucrium Agricultural Strategy No K-1 ETF (TILL) at 2.83%. This indicates that ISCMF's price experiences larger fluctuations and is considered to be riskier than TILL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ISCMF	TILL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.11%	2.83%	+2.28%
Volatility (6M) Calculated over the trailing 6-month period	15.45%	10.35%	+5.10%
Volatility (1Y) Calculated over the trailing 1-year period	17.84%	12.65%	+5.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.29%	14.69%	-0.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.29%	14.69%	-0.40%

ISCMF vs. TILL - Expense Ratio Comparison

ISCMF has a 0.19% expense ratio, which is lower than TILL's 0.89% expense ratio.

Dividends

ISCMF vs. TILL - Dividend Comparison

ISCMF has not paid dividends to shareholders, while TILL's dividend yield for the trailing twelve months is around 4.83%.

Position	TTM	2025	2024	2023	2022
ISCMF iShares Diversified Commodity Swap UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%
TILL Teucrium Agricultural Strategy No K-1 ETF	4.83%	4.97%	2.55%	51.24%	0.73%

Frequently Asked Questions

Can I hold both ISCMF and TILL in my portfolio?

ISCMF and TILL have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ISCMF or TILL?

ISCMF has higher volatility (5.11%) compared to TILL (2.83%). In terms of maximum drawdown, ISCMF dropped -25.42% vs TILL's -33.76%.

Which ETF is better, ISCMF or TILL?

On 3-year performance, ISCMF leads with 16.78% vs -8.91% for TILL. On fees, ISCMF is cheaper at 0.19% per year. On volatility, TILL has been the lower-risk option at 2.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ISCMF or TILL?

Over the 3-year period, ISCMF has performed better with a 16.78% return vs -8.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ISCMF or TILL?

ISCMF is cheaper with a 0.19% expense ratio, compared with 0.89% for TILL.

Which ETF pays a higher dividend yield, ISCMF or TILL?

TILL has the higher dividend yield at 4.83%, compared with 0.00% for ISCMF.

What is the main difference between ISCMF and TILL?

They also come from different issuers: iShares and Teucrium. Their fees differ too: 0.19% for ISCMF and 0.89% for TILL.

Which has better risk-adjusted returns?

ISCMF currently has the higher Sharpe Ratio (1.76 vs -0.31), 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.