IWM vs. SOYB
IWM (iShares Russell 2000 ETF) and SOYB (Teucrium Soybean Fund) are both exchange-traded funds - IWM is a Small Cap Blend Equities fund tracking the Russell 2000 Index, while SOYB is a Agricultural Commodities fund tracking the Teucrium Soybean Fund Benchmark. Both are passively managed. Over the past 10 years, IWM returned 10.65%/yr vs 3.18%/yr for SOYB. At a 0.13 correlation, their price movements are largely independent. IWM charges 0.19%/yr vs 1.88%/yr for SOYB.
Performance
IWM vs. SOYB - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with IWM having a 19.24% return and SOYB slightly lower at 18.39%. Over the past 10 years, IWM has outperformed SOYB with an annualized return of 10.65%, while SOYB has yielded a comparatively lower 3.18% annualized return.
IWM
- 1D
- -0.59%
- 1M
- -1.11%
- 6M
- 10.45%
- YTD
- 19.24%
- 1Y
- 32.84%
- 3Y*
- 15.91%
- 5Y*
- 6.97%
- 10Y*
- 10.65%
- ALL TIME*
- 8.76%
SOYB
- 1D
- 1.53%
- 1M
- 6.63%
- 6M
- 17.74%
- YTD
- 18.39%
- 1Y
- 17.72%
- 3Y*
- -3.49%
- 5Y*
- 1.78%
- 10Y*
- 3.18%
- ALL TIME*
- 0.36%
IWM vs. SOYB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IWM iShares Russell 2000 ETF | 19.24% | 12.66% | 11.38% | 16.83% | -20.48% | 14.54% | 20.03% | 25.39% | -11.12% | 14.58% |
SOYB Teucrium Soybean Fund | 18.39% | 1.77% | -20.48% | -5.23% | 25.27% | 16.85% | 22.99% | -2.16% | -9.51% | -6.38% |
Correlation
The correlation between IWM and SOYB is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2011 | 0.13 |
The correlation between IWM and SOYB shifts across timeframes, from 0.02 (1 year) to 0.13 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IWM vs. SOYB — Risk / Return Rank
IWM
SOYB
IWM vs. SOYB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 2000 ETF (IWM) and Teucrium Soybean Fund (SOYB). 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.
| IWM | SOYB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.33 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.25 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.99 | 2.03 | +0.96 |
| Martin ratioReturn relative to average drawdown | 10.54 | 5.32 | +5.22 |
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Drawdowns
IWM vs. SOYB - Drawdown Comparison
The maximum IWM drawdown since its inception was -59.05%, which is greater than SOYB's maximum drawdown of -53.76%. Use the drawdown chart below to compare losses from any high point for IWM and SOYB.
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Drawdown Indicators
| IWM | SOYB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.05% | -53.76% | -5.29% |
Max Drawdown (1Y)Largest decline over 1 year | -11.03% | -8.78% | -2.25% |
Max Drawdown (3Y)Largest decline over 3 years | -27.50% | -31.01% | +3.51% |
Max Drawdown (5Y)Largest decline over 5 years | -31.91% | -31.01% | -0.90% |
Max Drawdown (10Y)Largest decline over 10 years | -41.13% | -33.93% | -7.20% |
Current DrawdownCurrent decline from peak | -2.71% | -11.70% | +8.99% |
Average DrawdownAverage peak-to-trough decline | -10.72% | -25.67% | +14.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.12% | 3.36% | -0.24% |
Volatility
IWM vs. SOYB - Volatility Comparison
The current volatility for iShares Russell 2000 ETF (IWM) is 3.62%, while Teucrium Soybean Fund (SOYB) has a volatility of 4.78%. This indicates that IWM experiences smaller price fluctuations and is considered to be less risky than SOYB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IWM | SOYB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.62% | 4.78% | -1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 14.17% | 9.55% | +4.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.38% | 12.99% | +6.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.49% | 17.12% | +5.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.00% | 16.74% | +6.26% |
IWM vs. SOYB - Expense Ratio Comparison
IWM has a 0.19% expense ratio, which is lower than SOYB's 1.88% expense ratio.
Dividends
IWM vs. SOYB - Dividend Comparison
IWM's dividend yield for the trailing twelve months is around 0.91%, while SOYB has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWM iShares Russell 2000 ETF | 0.91% | 1.04% | 1.15% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% |
SOYB Teucrium Soybean 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% |
Frequently Asked Questions
IWM and SOYB have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOYB has higher volatility (4.78%) compared to IWM (3.62%). In terms of maximum drawdown, IWM dropped -59.05% vs SOYB's -53.76%.
On 10-year performance, IWM leads with 10.65% vs 3.18% for SOYB. On fees, IWM is cheaper at 0.19% per year. On volatility, IWM has been the lower-risk option at 3.62%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, IWM has performed better with a 10.65% return vs 3.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IWM is cheaper with a 0.19% expense ratio, compared with 1.88% for SOYB.
IWM has the higher dividend yield at 0.91%, compared with 0.00% for SOYB.
IWM is categorized as Small Cap Blend Equities, while SOYB is Agricultural Commodities. IWM tracks Russell 2000 Index, while SOYB tracks Teucrium Soybean Fund Benchmark. They also come from different issuers: iShares and Teucrium. Their fees differ too: 0.19% for IWM and 1.88% for SOYB.
IWM currently has the higher Sharpe Ratio (1.71 vs 1.37), 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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