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SOYB vs. AGRO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SOYB vs. AGRO

Last updated Jun 4, 2026

SOYB (Teucrium Soybean Fund) is Agricultural Commodities fund tracking the Teucrium Soybean Fund Benchmark, while AGRO (Adecoagro S.A.) is a stock. Over the past 10 years, SOYB returned 1.86%/yr vs 2.09%/yr for AGRO. At a 0.15 correlation, their price movements are largely independent.

Performance

SOYB vs. AGRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium Soybean Fund (SOYB) and Adecoagro S.A. (AGRO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SOYB achieves a 12.90% return, which is significantly lower than AGRO's 55.07% return. Over the past 10 years, SOYB has underperformed AGRO with an annualized return of 1.86%, while AGRO has yielded a comparatively higher 2.09% annualized return.

SOYB

1D
-1.00%
1M
-2.14%
YTD
12.90%
6M
6.01%
1Y
14.47%
3Y*
-0.07%
5Y*
0.26%
10Y*
1.86%

AGRO

1D
-2.48%
1M
-19.70%
YTD
55.07%
6M
47.63%
1Y
33.44%
3Y*
13.86%
5Y*
4.40%
10Y*
2.09%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SOYB vs. AGRO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SOYB
Teucrium Soybean Fund		12.90%1.77%-20.48%-5.23%25.27%16.85%22.99%-2.16%-9.51%-6.38%
AGRO
Adecoagro S.A.		55.07%-12.37%-12.39%38.60%11.50%12.94%-18.76%20.26%-32.69%-0.39%

Correlation

The correlation between SOYB and AGRO is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.17

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

0.15

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

0.20

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

0.18

Correlation (All Time)
Calculated using the full available price history since Sep 20, 2011

0.15

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Teucrium Soybean Fund

Adecoagro S.A.

Often compared with SOYB:
SOYB vs. CORNSOYB vs. SOYB.LSOYB vs. WEATSOYB vs. SPYSOYB vs. CANESOYB vs. TAGSSOYB vs. NQ=F
Often compared with AGRO:
AGRO vs. AGCOAGRO vs. DOLEAGRO vs. PPCAGRO vs. ADMAGRO vs. BGAGRO vs. DEAGRO vs. SPY

Return for Risk

SOYB vs. AGRO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SOYB
SOYB Risk / Return Rank: 3030
Overall Rank
SOYB Sharpe Ratio Rank: 3030
Sharpe Ratio Rank
SOYB Sortino Ratio Rank: 3030
Sortino Ratio Rank
SOYB Omega Ratio Rank: 2929
Omega Ratio Rank
SOYB Calmar Ratio Rank: 3333
Calmar Ratio Rank
SOYB Martin Ratio Rank: 2828
Martin Ratio Rank
AGRO
AGRO Risk / Return Rank: 6464
Overall Rank
AGRO Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
AGRO Sortino Ratio Rank: 6262
Sortino Ratio Rank
AGRO Omega Ratio Rank: 5959
Omega Ratio Rank
AGRO Calmar Ratio Rank: 6767
Calmar Ratio Rank
AGRO Martin Ratio Rank: 6565
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.

SOYB vs. AGRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium Soybean Fund (SOYB) and Adecoagro S.A. (AGRO). 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.

SOYBAGRODifference
Sharpe ratioReturn per unit of total volatility
1.11
0.73

+0.38

Sortino ratioReturn per unit of downside risk
1.65
1.37

+0.28

Omega ratioGain probability vs. loss probability

1.20

1.16

+0.04

Calmar ratioReturn relative to maximum drawdown

1.65

1.41

+0.25

Martin ratioReturn relative to average drawdown

4.06

2.84

+1.22

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SOYB vs. AGRO - Sharpe Ratio Comparison

The current SOYB Sharpe Ratio is 1.11, which is higher than the AGRO Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of SOYB and AGRO, 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

SOYBAGRODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.11

0.73

+0.38

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.01

0.11

-0.09

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.11

0.05

+0.06

Sharpe Ratio (All Time)

Calculated using the full available price history

0.00

0.03

-0.03

Drawdowns

SOYB vs. AGRO - Drawdown Comparison

The maximum SOYB drawdown since its inception was -53.76%, smaller than the maximum AGRO drawdown of -73.70%. Use the drawdown chart below to compare losses from any high point for SOYB and AGRO.

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Drawdown Indicators

SOYBAGRODifference

Max Drawdown

Largest peak-to-trough decline

-53.76%

-73.70%

+19.94%

Max Drawdown (1Y)

Largest decline over 1 year

-8.78%

-23.84%

+15.06%

Max Drawdown (3Y)

Largest decline over 3 years

-31.01%

-37.96%

+6.95%

Max Drawdown (5Y)

Largest decline over 5 years

-31.01%

-45.34%

+14.33%

Max Drawdown (10Y)

Largest decline over 10 years

-38.28%

-72.07%

+33.79%

Current Drawdown

Current decline from peak

-15.80%

-19.70%

+3.90%

Average Drawdown

Average peak-to-trough decline

-25.76%

-31.48%

+5.72%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.57%

11.82%

-8.25%

Volatility

SOYB vs. AGRO - Volatility Comparison

The current volatility for Teucrium Soybean Fund (SOYB) is 4.05%, while Adecoagro S.A. (AGRO) has a volatility of 14.24%. This indicates that SOYB experiences smaller price fluctuations and is considered to be less risky than AGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SOYBAGRODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.05%

14.24%

-10.19%

Volatility (6M)

Calculated over the trailing 6-month period

8.94%

40.01%

-31.07%

Volatility (1Y)

Calculated over the trailing 1-year period

13.06%

46.08%

-33.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.00%

41.82%

-23.82%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.98%

39.73%

-22.75%

Dividends

SOYB vs. AGRO - Dividend Comparison

SOYB has not paid dividends to shareholders, while AGRO's dividend yield for the trailing twelve months is around 2.43%.

PositionTTM2025202420232022
AGRO
Adecoagro S.A.		2.43%4.41%3.63%2.95%3.83%
SOYB
Teucrium Soybean Fund		0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

SOYB and AGRO have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

AGRO has higher volatility (14.24%) compared to SOYB (4.05%). In terms of maximum drawdown, SOYB dropped -53.76% vs AGRO's -73.70%.

SOYB currently has the higher Sharpe Ratio (1.11 vs 0.73), 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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