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TAGS vs. ACWI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

TAGS vs. ACWI

Last updated Jun 4, 2026

TAGS (Teucrium Agricultural Fund) and ACWI (iShares MSCI ACWI ETF) are both exchange-traded funds - TAGS is a Agricultural Commodities fund tracking the Teucrium TAGS Index, while ACWI is a Global Equities fund tracking the MSCI All Country World Index. Both are passively managed. Over the past 10 years, TAGS returned -1.74%/yr vs 12.85%/yr for ACWI. At a 0.07 correlation, their price movements are largely independent. TAGS charges 0.21%/yr vs 0.32%/yr for ACWI.

Performance

TAGS vs. ACWI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium Agricultural Fund (TAGS) and iShares MSCI ACWI ETF (ACWI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, TAGS achieves a 6.11% return, which is significantly lower than ACWI's 12.13% return. Over the past 10 years, TAGS has underperformed ACWI with an annualized return of -1.74%, while ACWI has yielded a comparatively higher 12.85% annualized return.

TAGS

1D
-1.20%
1M
-5.48%
YTD
6.11%
6M
4.04%
1Y
-0.95%
3Y*
-7.08%
5Y*
-1.51%
10Y*
-1.74%

ACWI

1D
-0.83%
1M
5.28%
YTD
12.13%
6M
12.96%
1Y
29.18%
3Y*
21.15%
5Y*
11.28%
10Y*
12.85%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TAGS vs. ACWI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
TAGS
Teucrium Agricultural Fund		6.11%-8.76%-14.57%-6.11%16.25%27.05%8.19%-4.53%-7.10%-13.94%
ACWI
iShares MSCI ACWI ETF		12.13%22.41%17.45%22.27%-18.39%18.66%16.34%26.59%-9.19%24.33%

Correlation

The correlation between TAGS and ACWI 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

0.03

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

0.07

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

0.09

Correlation (All Time)
Calculated using the full available price history since Mar 29, 2012

0.07

The correlation between TAGS and ACWI shifts across timeframes, from -0.06 (1 year) to 0.09 (10 years), reflecting how their relationship changes across market environments.

TAGS vs. ACWI - Sectors Allocation Comparison

Sectors
TAGS
ACWI

Financial Services

99.9%
16.1%

Basic Materials

-

3.7%

Communication Services

-

9.0%

Consumer Cyclical

-

9.3%

Consumer Defensive

-

5.0%

Energy

-

4.2%

Healthcare

-

8.1%

Industrials

-

10.9%

Real Estate

-

1.8%

Technology

-

29.4%

Utilities

-

2.6%

Financial Services

TAGS
99.9%
ACWI
16.1%

Basic Materials

TAGS

-

ACWI
3.7%

Communication Services

TAGS

-

ACWI
9.0%

Consumer Cyclical

TAGS

-

ACWI
9.3%

Consumer Defensive

TAGS

-

ACWI
5.0%

Energy

TAGS

-

ACWI
4.2%

Healthcare

TAGS

-

ACWI
8.1%

Industrials

TAGS

-

ACWI
10.9%

Real Estate

TAGS

-

ACWI
1.8%

Technology

TAGS

-

ACWI
29.4%

Utilities

TAGS

-

ACWI
2.6%

Compare stocks, funds, or ETFs

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

Teucrium Agricultural Fund

iShares MSCI ACWI ETF

Often compared with TAGS:
TAGS vs. DBATAGS vs. FTAGTAGS vs. CPERTAGS vs. EMBDTAGS vs. U-U.TOTAGS vs. SOYBTAGS vs. DODIX
Often compared with ACWI:
ACWI vs. VTACWI vs. SPYACWI vs. VWRL.LACWI vs. ACWXACWI vs. ACWI.LACWI vs. VOOACWI vs. VTI

Return for Risk

TAGS vs. ACWI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TAGS
TAGS Risk / Return Rank: 88
Overall Rank
TAGS Sharpe Ratio Rank: 88
Sharpe Ratio Rank
TAGS Sortino Ratio Rank: 77
Sortino Ratio Rank
TAGS Omega Ratio Rank: 77
Omega Ratio Rank
TAGS Calmar Ratio Rank: 88
Calmar Ratio Rank
TAGS Martin Ratio Rank: 88
Martin Ratio Rank
ACWI
ACWI Risk / Return Rank: 6666
Overall Rank
ACWI Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
ACWI Sortino Ratio Rank: 6767
Sortino Ratio Rank
ACWI Omega Ratio Rank: 6767
Omega Ratio Rank
ACWI Calmar Ratio Rank: 5959
Calmar Ratio Rank
ACWI Martin Ratio Rank: 7171
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.

TAGS vs. ACWI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium Agricultural Fund (TAGS) and iShares MSCI ACWI ETF (ACWI). 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.

TAGSACWIDifference
Sharpe ratioReturn per unit of total volatility
-0.08
2.29

-2.37

Sortino ratioReturn per unit of downside risk
-0.02
3.17

-3.19

Omega ratioGain probability vs. loss probability

1.00

1.41

-0.42

Calmar ratioReturn relative to maximum drawdown

-0.09

3.01

-3.11

Martin ratioReturn relative to average drawdown

-0.16

13.53

-13.69

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

TAGS vs. ACWI - Sharpe Ratio Comparison

The current TAGS Sharpe Ratio is -0.08, which is lower than the ACWI Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of TAGS and ACWI, 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

TAGSACWIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.08

2.29

-2.37

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.09

0.71

-0.80

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.10

0.75

-0.85

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.23

0.43

-0.66

Drawdowns

TAGS vs. ACWI - Drawdown Comparison

The maximum TAGS drawdown since its inception was -76.40%, which is greater than ACWI's maximum drawdown of -56.00%. Use the drawdown chart below to compare losses from any high point for TAGS and ACWI.

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Drawdown Indicators

TAGSACWIDifference

Max Drawdown

Largest peak-to-trough decline

-76.40%

-56.00%

-20.40%

Max Drawdown (1Y)

Largest decline over 1 year

-10.07%

-9.73%

-0.34%

Max Drawdown (3Y)

Largest decline over 3 years

-33.59%

-16.55%

-17.04%

Max Drawdown (5Y)

Largest decline over 5 years

-37.60%

-26.42%

-11.18%

Max Drawdown (10Y)

Largest decline over 10 years

-47.30%

-33.53%

-13.77%

Current Drawdown

Current decline from peak

-63.69%

-0.83%

-62.86%

Average Drawdown

Average peak-to-trough decline

-57.23%

-8.61%

-48.62%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.88%

2.16%

+3.72%

Volatility

TAGS vs. ACWI - Volatility Comparison

Teucrium Agricultural Fund (TAGS) has a higher volatility of 5.52% compared to iShares MSCI ACWI ETF (ACWI) at 3.93%. This indicates that TAGS's price experiences larger fluctuations and is considered to be riskier than ACWI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

TAGSACWIDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.52%

3.93%

+1.59%

Volatility (6M)

Calculated over the trailing 6-month period

10.12%

10.29%

-0.17%

Volatility (1Y)

Calculated over the trailing 1-year period

12.61%

12.78%

-0.17%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.58%

16.05%

+0.53%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.04%

17.11%

+0.93%

TAGS vs. ACWI - Expense Ratio Comparison

TAGS has a 0.21% expense ratio, which is lower than ACWI's 0.32% expense ratio.

Dividends

TAGS vs. ACWI - Dividend Comparison

TAGS has not paid dividends to shareholders, while ACWI's dividend yield for the trailing twelve months is around 1.38%.

PositionTTM20252024202320222021202020192018201720162015
ACWI
iShares MSCI ACWI ETF		1.38%1.55%1.70%1.88%1.79%1.71%1.43%2.33%2.18%1.94%2.19%2.56%
TAGS
Teucrium Agricultural 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

TAGS and ACWI 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.

TAGS has higher volatility (5.52%) compared to ACWI (3.93%). In terms of maximum drawdown, TAGS dropped -76.40% vs ACWI's -56.00%.

On 10-year performance, ACWI leads with 12.85% vs -1.74% for TAGS. On fees, TAGS is cheaper at 0.21% per year. On volatility, ACWI has been the lower-risk option at 3.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, ACWI has performed better with a 12.85% return vs -1.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

TAGS is cheaper with a 0.21% expense ratio, compared with 0.32% for ACWI.

ACWI has the higher dividend yield at 1.38%, compared with 0.00% for TAGS.

TAGS is categorized as Agricultural Commodities, while ACWI is Global Equities. TAGS tracks Teucrium TAGS Index, while ACWI tracks MSCI All Country World Index. They also come from different issuers: Teucrium and iShares. Their fees differ too: 0.21% for TAGS and 0.32% for ACWI.

ACWI currently has the higher Sharpe Ratio (2.29 vs -0.08), 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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