MXNUSD=X vs. CORN

Last updated Jun 3, 2026

MXNUSD=X (MXN/USD) is a currency, while CORN (Teucrium Corn Fund) is Agricultural Commodities fund tracking the Teucrium Corn Fund Benchmark. Over the past 10 years, MXNUSD=X returned 0.75%/yr vs -2.48%/yr for CORN. At a 0.10 correlation, their price movements are largely independent.

Performance

MXNUSD=X vs. CORN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MXN/USD (MXNUSD=X) and Teucrium Corn Fund (CORN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MXNUSD=X achieves a 4.29% return, which is significantly higher than CORN's -0.11% return. Over the past 10 years, MXNUSD=X has outperformed CORN with an annualized return of 0.75%, while CORN has yielded a comparatively lower -2.48% annualized return.

MXNUSD=X

• 1D: 0.45%
• 1M: 0.92%
• YTD: 4.29%
• 6M: 5.83%
• 1Y: 11.20%
• 3Y*: 0.55%
• 5Y*: 3.14%
• 10Y*: 0.75%

CORN

• 1D: -1.06%
• 1M: -6.25%
• YTD: -0.11%
• 6M: -1.88%
• 1Y: -1.72%
• 3Y*: -9.42%
• 5Y*: -3.12%
• 10Y*: -2.48%

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

MXNUSD=X vs. CORN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXNUSD=X MXN/USD	4.29%	15.65%	-18.53%	14.83%	5.29%	-3.10%	-4.83%	3.73%	0.35%	5.25%
CORN Teucrium Corn Fund	-0.11%	-5.54%	-12.98%	-19.90%	25.02%	38.25%	5.27%	-7.79%	-4.28%	-10.38%

Correlation

The correlation between MXNUSD=X and CORN is -0.06, 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	-0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.05
Correlation (10Y) Calculated over the trailing 10-year period	0.08
Correlation (All Time) Calculated using the full available price history since Jun 10, 2010	0.10

The correlation between MXNUSD=X and CORN shifts across timeframes, from -0.06 (1 year) to 0.10 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MXNUSD=X vs. CORN — Risk / Return Rank

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

MXNUSD=X

MXNUSD=X Risk / Return Rank: 85
MXNUSD=X Sharpe Ratio Rank: 89
MXNUSD=X Sortino Ratio Rank: 88
MXNUSD=X Omega Ratio Rank: 85
MXNUSD=X Calmar Ratio Rank: 77
MXNUSD=X Martin Ratio Rank: 85

CORN

CORN Risk / Return Rank: 7
CORN Sharpe Ratio Rank: 8
CORN Sortino Ratio Rank: 7
CORN Omega Ratio Rank: 7
CORN Calmar Ratio Rank: 6
CORN Martin Ratio Rank: 6

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.

MXNUSD=X vs. CORN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MXN/USD (MXNUSD=X) 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.

	MXNUSD=X	CORN	Difference
Sharpe ratio Return per unit of total volatility	1.19	-0.11	+1.30
Sortino ratio Return per unit of downside risk	1.72	-0.05	+1.77
Omega ratio Gain probability vs. loss probability	1.23	0.99	+0.23
Calmar ratio Return relative to maximum drawdown	1.41	-0.22	+1.63
Martin ratio Return relative to average drawdown	4.93	-0.44	+5.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MXNUSD=X vs. CORN - Sharpe Ratio Comparison

The current MXNUSD=X Sharpe Ratio is 1.19, which is higher than the CORN Sharpe Ratio of -0.11. The chart below compares the historical Sharpe Ratios of MXNUSD=X 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.

Sharpe Ratios by Period

	MXNUSD=X	CORN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.19	-0.11	+1.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	-0.16	+0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.06	-0.13	+0.18
Sharpe Ratio (All Time) Calculated using the full available price history	-0.18	-0.09	-0.09

Drawdowns

MXNUSD=X vs. CORN - Drawdown Comparison

The maximum MXNUSD=X drawdown since its inception was -61.16%, smaller than the maximum CORN drawdown of -78.09%. Use the drawdown chart below to compare losses from any high point for MXNUSD=X and CORN.

Drawdown Indicators

	MXNUSD=X	CORN	Difference
Max Drawdown Largest peak-to-trough decline	-61.16%	-78.09%	+16.93%
Max Drawdown (1Y) Largest decline over 1 year	-5.52%	-10.26%	+4.74%
Max Drawdown (3Y) Largest decline over 3 years	-21.70%	-38.57%	+16.87%
Max Drawdown (5Y) Largest decline over 5 years	-21.70%	-44.39%	+22.69%
Max Drawdown (10Y) Largest decline over 10 years	-31.20%	-51.10%	+19.90%
Current Drawdown Current decline from peak	-42.89%	-66.38%	+23.49%
Average Drawdown Average peak-to-trough decline	-36.79%	-51.08%	+14.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.58%	5.15%	-3.57%

Volatility

MXNUSD=X vs. CORN - Volatility Comparison

The current volatility for MXN/USD (MXNUSD=X) is 1.54%, while Teucrium Corn Fund (CORN) has a volatility of 6.54%. This indicates that MXNUSD=X 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.

Volatility by Period

	MXNUSD=X	CORN	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.54%	6.54%	-5.00%
Volatility (6M) Calculated over the trailing 6-month period	6.73%	11.43%	-4.70%
Volatility (1Y) Calculated over the trailing 1-year period	7.56%	15.35%	-7.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.47%	20.20%	-9.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.43%	19.40%	-6.97%

Frequently Asked Questions

Can I hold both MXNUSD=X and CORN in my portfolio?

MXNUSD=X and CORN have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MXNUSD=X or CORN?

CORN has higher volatility (6.54%) compared to MXNUSD=X (1.54%). In terms of maximum drawdown, MXNUSD=X dropped -61.16% vs CORN's -78.09%.

Which has better risk-adjusted returns?

MXNUSD=X currently has the higher Sharpe Ratio (1.19 vs -0.11), 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.