SOYB vs. GLCR

Last updated Jun 4, 2026

SOYB (Teucrium Soybean Fund) and GLCR (GlacierShares Nasdaq Iceland ETF) are both exchange-traded funds - SOYB is a Agricultural Commodities fund tracking the Teucrium Soybean Fund Benchmark, while GLCR is a Europe Equities fund tracking the MarketVector Iceland Global Total Return Net Index. Both are passively managed. Over the past year, SOYB returned 14.47% vs -7.32% for GLCR. At a 0.14 correlation, their price movements are largely independent. SOYB charges 1.88%/yr vs 0.95%/yr for GLCR.

Performance

SOYB vs. GLCR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium Soybean Fund (SOYB) and GlacierShares Nasdaq Iceland ETF (GLCR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SOYB achieves a 12.90% return, which is significantly higher than GLCR's -10.49% 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%

GLCR

• 1D: -0.67%
• 1M: -9.07%
• YTD: -10.49%
• 6M: -3.88%
• 1Y: -7.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SOYB vs. GLCR - Yearly Performance Comparison

	2026 (YTD)	2025
SOYB Teucrium Soybean Fund	12.90%	2.24%
GLCR GlacierShares Nasdaq Iceland ETF	-10.49%	8.04%

Correlation

The correlation between SOYB and GLCR is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (All Time) Calculated using the full available price history since Mar 28, 2025	0.14

Return for Risk

SOYB vs. GLCR — Risk / Return Rank

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

SOYB

SOYB Risk / Return Rank: 30
SOYB Sharpe Ratio Rank: 30
SOYB Sortino Ratio Rank: 30
SOYB Omega Ratio Rank: 29
SOYB Calmar Ratio Rank: 33
SOYB Martin Ratio Rank: 28

GLCR

GLCR Risk / Return Rank: 5
GLCR Sharpe Ratio Rank: 5
GLCR Sortino Ratio Rank: 5
GLCR Omega Ratio Rank: 5
GLCR Calmar Ratio Rank: 5
GLCR Martin Ratio Rank: 3

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. GLCR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium Soybean Fund (SOYB) and GlacierShares Nasdaq Iceland ETF (GLCR). 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.

	SOYB	GLCR	Difference
Sharpe ratio: Return per unit of total volatility	1.11	-0.45	+1.56
Sortino ratio: Return per unit of downside risk	1.65	-0.50	+2.14
Omega ratio: Gain probability vs. loss probability	1.20	0.94	+0.26
Calmar ratio: Return relative to maximum drawdown	1.65	-0.44	+2.09
Martin ratio: Return relative to average drawdown	4.06	-1.22	+5.28
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. GLCR - Sharpe Ratio Comparison

The current SOYB Sharpe Ratio is 1.11, which is higher than the GLCR Sharpe Ratio of -0.45. The chart below compares the historical Sharpe Ratios of SOYB and GLCR, 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

	SOYB	GLCR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.11	-0.45	+1.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.01	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.00	-0.15	+0.15

Drawdowns

SOYB vs. GLCR - Drawdown Comparison

The maximum SOYB drawdown since its inception was -53.76%, which is greater than GLCR's maximum drawdown of -16.79%. Use the drawdown chart below to compare losses from any high point for SOYB and GLCR.

Drawdown Indicators

	SOYB	GLCR	Difference
Max Drawdown Largest peak-to-trough decline	-53.76%	-16.79%	-36.97%
Max Drawdown (1Y) Largest decline over 1 year	-8.78%	-16.79%	+8.01%
Max Drawdown (3Y) Largest decline over 3 years	-31.01%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-31.01%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-38.28%	—	—
Current Drawdown Current decline from peak	-15.80%	-16.79%	+0.99%
Average Drawdown Average peak-to-trough decline	-25.76%	-4.54%	-21.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.57%	6.02%	-2.45%

Volatility

SOYB vs. GLCR - Volatility Comparison

The current volatility for Teucrium Soybean Fund (SOYB) is 4.05%, while GlacierShares Nasdaq Iceland ETF (GLCR) has a volatility of 7.93%. This indicates that SOYB experiences smaller price fluctuations and is considered to be less risky than GLCR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SOYB	GLCR	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.05%	7.93%	-3.88%
Volatility (6M) Calculated over the trailing 6-month period	8.94%	13.27%	-4.33%
Volatility (1Y) Calculated over the trailing 1-year period	13.06%	16.40%	-3.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.00%	18.62%	-0.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.98%	18.62%	-1.64%

SOYB vs. GLCR - Expense Ratio Comparison

SOYB has a 1.88% expense ratio, which is higher than GLCR's 0.95% expense ratio.

Dividends

SOYB vs. GLCR - Dividend Comparison

SOYB has not paid dividends to shareholders, while GLCR's dividend yield for the trailing twelve months is around 1.08%.

Position	TTM	2025
GLCR GlacierShares Nasdaq Iceland ETF	1.08%	0.97%
SOYB Teucrium Soybean Fund	0.00%	0.00%

Frequently Asked Questions

Can I hold both SOYB and GLCR in my portfolio?

SOYB and GLCR have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SOYB or GLCR?

GLCR has higher volatility (7.93%) compared to SOYB (4.05%). In terms of maximum drawdown, SOYB dropped -53.76% vs GLCR's -16.79%.

Which ETF is better, SOYB or GLCR?

On 1-year performance, SOYB leads with 14.47% vs -7.32% for GLCR. On fees, GLCR is cheaper at 0.95% per year. On volatility, SOYB has been the lower-risk option at 4.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SOYB or GLCR?

Over the 1-year period, SOYB has performed better with a 14.47% return vs -7.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SOYB or GLCR?

GLCR is cheaper with a 0.95% expense ratio, compared with 1.88% for SOYB.

Which ETF pays a higher dividend yield, SOYB or GLCR?

GLCR has the higher dividend yield at 1.08%, compared with 0.00% for SOYB.

What is the main difference between SOYB and GLCR?

SOYB is categorized as Agricultural Commodities, while GLCR is Europe Equities. SOYB tracks Teucrium Soybean Fund Benchmark, while GLCR tracks MarketVector Iceland Global Total Return Net Index. Their fees differ too: 1.88% for SOYB and 0.95% for GLCR.

Which has better risk-adjusted returns?

SOYB currently has the higher Sharpe Ratio (1.11 vs -0.45), 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.