TAGS vs. CANE
TAGS (Teucrium Agricultural Fund) and CANE (Teucrium Sugar Fund) are both Agricultural Commodities funds from Teucrium - TAGS tracks the Teucrium TAGS Index while CANE tracks the Teucrium Sugar Fund Benchmark. Both are passively managed. Over the past 10 years, TAGS returned -1.74%/yr vs -2.23%/yr for CANE. At a 0.31 correlation, their price movements are largely independent. TAGS charges 0.21%/yr vs 1.88%/yr for CANE.
Performance
TAGS vs. CANE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TAGS achieves a 6.11% return, which is significantly higher than CANE's -0.77% return. Over the past 10 years, TAGS has outperformed CANE with an annualized return of -1.74%, while CANE has yielded a comparatively lower -2.23% 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%
CANE
- 1D
- -1.02%
- 1M
- -5.56%
- YTD
- -0.77%
- 6M
- 0.83%
- 1Y
- -14.28%
- 3Y*
- -10.43%
- 5Y*
- 2.90%
- 10Y*
- -2.23%
TAGS vs. CANE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TAGS Teucrium Agricultural Fund | 6.11% | -8.76% | -14.57% | -6.11% | 16.25% | 27.05% | 8.19% | -4.53% | -7.10% | -13.94% |
CANE Teucrium Sugar Fund | -0.77% | -14.65% | -7.79% | 30.06% | 3.59% | 36.30% | -3.85% | -0.97% | -27.52% | -24.76% |
Correlation
The correlation between TAGS and CANE is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Mar 29, 2012 | 0.31 |
The correlation between TAGS and CANE shifts across timeframes, from 0.31 (all time) to 0.51 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TAGS vs. CANE — Risk / Return Rank
TAGS
CANE
TAGS vs. CANE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Teucrium Agricultural Fund (TAGS) and Teucrium Sugar Fund (CANE). 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.
| TAGS | CANE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +0.88 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 0.90 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.09 | -0.72 | +0.63 |
| Martin ratioReturn relative to average drawdown | -0.16 | -1.18 | +1.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| TAGS | CANE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.08 | -0.69 | +0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.09 | 0.14 | -0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.10 | -0.10 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.23 | -0.26 | +0.03 |
Drawdowns
TAGS vs. CANE - Drawdown Comparison
The maximum TAGS drawdown since its inception was -76.40%, smaller than the maximum CANE drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for TAGS and CANE.
Loading charts...
Drawdown Indicators
| TAGS | CANE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.40% | -81.30% | +4.90% |
Max Drawdown (1Y)Largest decline over 1 year | -10.07% | -19.89% | +9.82% |
Max Drawdown (3Y)Largest decline over 3 years | -33.59% | -41.73% | +8.14% |
Max Drawdown (5Y)Largest decline over 5 years | -37.60% | -41.73% | +4.13% |
Max Drawdown (10Y)Largest decline over 10 years | -47.30% | -67.29% | +19.99% |
Current DrawdownCurrent decline from peak | -63.69% | -63.21% | -0.48% |
Average DrawdownAverage peak-to-trough decline | -57.23% | -56.50% | -0.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.88% | 12.35% | -6.47% |
Volatility
TAGS vs. CANE - Volatility Comparison
The current volatility for Teucrium Agricultural Fund (TAGS) is 5.52%, while Teucrium Sugar Fund (CANE) has a volatility of 6.85%. This indicates that TAGS experiences smaller price fluctuations and is considered to be less risky than CANE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TAGS | CANE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.52% | 6.85% | -1.33% |
Volatility (6M)Calculated over the trailing 6-month period | 10.12% | 15.81% | -5.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.61% | 20.69% | -8.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.58% | 21.07% | -4.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.04% | 21.72% | -3.68% |
TAGS vs. CANE - Expense Ratio Comparison
TAGS has a 0.21% expense ratio, which is lower than CANE's 1.88% expense ratio.
Dividends
TAGS vs. CANE - Dividend Comparison
Neither TAGS nor CANE has paid dividends to shareholders.
Frequently Asked Questions
TAGS and CANE have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CANE has higher volatility (6.85%) compared to TAGS (5.52%). In terms of maximum drawdown, TAGS dropped -76.40% vs CANE's -81.30%.
On 10-year performance, TAGS leads with -1.74% vs -2.23% for CANE. On fees, TAGS is cheaper at 0.21% per year. On volatility, TAGS has been the lower-risk option at 5.52%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, TAGS has performed better with a -1.74% return vs -2.23%. 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 1.88% for CANE.
TAGS and CANE have nearly identical dividend yields, around 0.00%.
TAGS tracks Teucrium TAGS Index, while CANE tracks Teucrium Sugar Fund Benchmark. Their fees differ too: 0.21% for TAGS and 1.88% for CANE.
TAGS currently has the higher Sharpe Ratio (-0.08 vs -0.69), 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.
Find the right allocation for TAGS and CANE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer