TAGS vs. IBTI
TAGS (Teucrium Agricultural Fund) and IBTI (iShares iBonds Dec 2028 Term Treasury ETF) are both exchange-traded funds - TAGS is a Agricultural Commodities fund tracking the Teucrium TAGS Index, while IBTI is a Government Bonds fund tracking the ICE 2028 Maturity US Treasury Index. Both are passively managed. Over the past 5 years, TAGS returned -0.84%/yr vs -0.11%/yr for IBTI. Their -0.06 correlation means they have often moved in opposite directions in the past. TAGS charges 0.21%/yr vs 0.07%/yr for IBTI.
Performance
TAGS vs. IBTI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TAGS achieves a 7.86% return, which is significantly higher than IBTI's 0.62% return.
TAGS
- 1D
- -0.88%
- 1M
- 2.74%
- 6M
- 8.07%
- YTD
- 7.86%
- 1Y
- 4.89%
- 3Y*
- -7.68%
- 5Y*
- -0.84%
- 10Y*
- -0.46%
- ALL TIME*
- -4.75%
IBTI
- 1D
- -0.05%
- 1M
- 0.02%
- 6M
- 0.44%
- YTD
- 0.62%
- 1Y
- 2.46%
- 3Y*
- 4.20%
- 5Y*
- -0.11%
- 10Y*
- —
- ALL TIME*
- 0.30%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $9.62M | $10.68M | $9.14M | |
| $388.58K | $387.70K | $588.98K |
TAGS vs. IBTI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
TAGS Teucrium Agricultural Fund | 7.86% | -8.76% | -14.57% | -6.11% | 16.25% | 27.05% | 12.67% |
IBTI iShares iBonds Dec 2028 Term Treasury ETF | 0.62% | 6.15% | 2.52% | 4.65% | -11.32% | -3.50% | 3.97% |
Correlation
The correlation between TAGS and IBTI is -0.21, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.21 |
Correlation (3Y) Balances recent behavior with more history. | -0.08 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.06 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2020 | -0.06 |
The correlation between TAGS and IBTI shifts across timeframes, from -0.21 (1 year) to -0.06 (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. IBTI — Risk / Return Rank
TAGS
IBTI
TAGS vs. IBTI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Teucrium Agricultural Fund (TAGS) and iShares iBonds Dec 2028 Term Treasury ETF (IBTI). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TAGS | IBTI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.57 | ||
| Sortino ratioReturn per unit of downside risk | -2.53 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.38 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 0.46 | 2.86 | -2.41 |
| Martin ratioReturn relative to average drawdown | 1.16 | 9.04 | -7.88 |
Loading charts...
Drawdowns
TAGS vs. IBTI - Drawdown Comparison
The maximum TAGS drawdown since its inception was -76.40%, which is greater than IBTI's maximum drawdown of -18.45%. Use the drawdown chart below to compare losses from any high point for TAGS and IBTI.
Loading charts...
Drawdown Indicators
| TAGS | IBTI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.40% | -18.45% | -57.95% |
Max Drawdown (1Y)Largest decline over 1 year | -9.65% | -1.10% | -8.55% |
Max Drawdown (3Y)Largest decline over 3 years | -28.40% | -2.81% | -25.59% |
Max Drawdown (5Y)Largest decline over 5 years | -37.60% | -16.18% | -21.42% |
Max Drawdown (10Y)Largest decline over 10 years | -42.51% | — | — |
Current DrawdownCurrent decline from peak | -63.09% | -3.61% | -59.48% |
Average DrawdownAverage peak-to-trough decline | -57.28% | -8.14% | -49.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.81% | 0.35% | +3.46% |
Volatility
TAGS vs. IBTI - Volatility Comparison
Teucrium Agricultural Fund (TAGS) has a higher volatility of 5.52% compared to iShares iBonds Dec 2028 Term Treasury ETF (IBTI) at 0.39%. This indicates that TAGS's price experiences larger fluctuations and is considered to be riskier than IBTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TAGS | IBTI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.52% | 0.39% | +5.13% |
Volatility (6M)Calculated over the trailing 6-month period | 11.27% | 1.15% | +10.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.27% | 1.65% | +11.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.16% | 4.97% | +11.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.98% | 5.11% | +12.87% |
TAGS vs. IBTI - Expense Ratio Comparison
TAGS has a 0.21% expense ratio, which is higher than IBTI's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
TAGS vs. IBTI - Dividend Comparison
TAGS has not paid dividends to shareholders, while IBTI's dividend yield for the trailing twelve months is around 3.79%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
IBTI iShares iBonds Dec 2028 Term Treasury ETF | 3.45% | 3.87% | 3.92% | 3.27% | 1.70% | 0.90% | 0.56% |
TAGS Teucrium Agricultural Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TAGS and IBTI have a correlation of -0.21, 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 IBTI (0.39%). In terms of maximum drawdown, TAGS dropped -76.40% vs IBTI's -18.45%.
On 5-year performance, IBTI leads with -0.11% vs -0.84% for TAGS. On fees, IBTI is cheaper at 0.07% per year. On volatility, IBTI has been the lower-risk option at 0.39%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IBTI has performed better with a -0.11% return vs -0.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBTI is cheaper with a 0.07% expense ratio, compared with 0.21% for TAGS.
IBTI has the higher dividend yield at 3.45%, compared with 0.00% for TAGS.
TAGS is categorized as Agricultural Commodities, while IBTI is Government Bonds. TAGS tracks Teucrium TAGS Index, while IBTI tracks ICE 2028 Maturity US Treasury Index. They also come from different issuers: Teucrium and iShares. Their fees differ too: 0.21% for TAGS and 0.07% for IBTI.
IBTI currently has the higher Sharpe Ratio (1.91 vs 0.33), 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 IBTI
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