SOYB vs. CORN
Compare and contrast key facts about Teucrium Soybean Fund (SOYB) and Teucrium Corn Fund (CORN).
SOYB and CORN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SOYB is a passively managed fund by Teucrium that tracks the performance of the Teucrium Soybean Fund Benchmark. It was launched on Sep 19, 2011. CORN is a passively managed fund by Teucrium that tracks the performance of the Teucrium Corn Fund Benchmark. It was launched on Jun 9, 2010. Both SOYB and CORN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SOYB or CORN.
Key characteristics
SOYB | CORN | |
---|---|---|
YTD Return | -21.18% | -16.92% |
1Y Return | -26.20% | -19.02% |
3Y Return (Ann) | -0.99% | -5.86% |
5Y Return (Ann) | 6.60% | 4.24% |
10Y Return (Ann) | 0.03% | -3.81% |
Sharpe Ratio | -1.70 | -1.30 |
Sortino Ratio | -2.49 | -1.88 |
Omega Ratio | 0.74 | 0.80 |
Calmar Ratio | -0.94 | -0.30 |
Martin Ratio | -1.53 | -1.43 |
Ulcer Index | 17.20% | 14.01% |
Daily Std Dev | 15.47% | 15.31% |
Max Drawdown | -53.76% | -78.09% |
Current Drawdown | -27.36% | -65.98% |
Correlation
The correlation between SOYB and CORN is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SOYB vs. CORN - Performance Comparison
In the year-to-date period, SOYB achieves a -21.18% return, which is significantly lower than CORN's -16.92% return. Over the past 10 years, SOYB has outperformed CORN with an annualized return of 0.03%, while CORN has yielded a comparatively lower -3.81% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SOYB vs. CORN - Expense Ratio Comparison
SOYB has a 1.88% expense ratio, which is lower than CORN's 2.19% expense ratio.
Risk-Adjusted Performance
SOYB vs. CORN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Teucrium Soybean Fund (SOYB) 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.
Dividends
SOYB vs. CORN - Dividend Comparison
Neither SOYB nor CORN has paid dividends to shareholders.
Drawdowns
SOYB vs. CORN - Drawdown Comparison
The maximum SOYB drawdown since its inception was -53.76%, smaller than the maximum CORN drawdown of -78.09%. Use the drawdown chart below to compare losses from any high point for SOYB and CORN. For additional features, visit the drawdowns tool.
Volatility
SOYB vs. CORN - Volatility Comparison
Teucrium Soybean Fund (SOYB) has a higher volatility of 3.96% compared to Teucrium Corn Fund (CORN) at 3.37%. This indicates that SOYB's price experiences larger fluctuations and is considered to be riskier than CORN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.