TAGS vs. WXET
TAGS (Teucrium Agricultural Fund) and WXET (Teucrium 2x Daily Wheat ETF) are both exchange-traded funds - TAGS is a Agricultural Commodities fund tracking the Teucrium TAGS Index, while WXET is a Leveraged Commodities fund actively managed by Teucrium. TAGS is passively managed, while WXET is actively managed. Over the past year, TAGS returned 3.48% vs 2.11% for WXET. A 0.76 correlation means they provide meaningful diversification when combined. TAGS charges 0.21%/yr vs 0.95%/yr for WXET.
Performance
TAGS vs. WXET - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TAGS achieves a 8.47% return, which is significantly lower than WXET's 36.00% return.
TAGS
- 1D
- 0.14%
- 1M
- 5.26%
- 6M
- 9.21%
- YTD
- 8.47%
- 1Y
- 3.48%
- 3Y*
- -7.48%
- 5Y*
- -0.39%
- 10Y*
- -1.24%
WXET
- 1D
- -1.68%
- 1M
- 13.05%
- 6M
- 32.83%
- YTD
- 36.00%
- 1Y
- 2.11%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TAGS vs. WXET - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
TAGS Teucrium Agricultural Fund | 8.47% | -8.76% | -1.32% |
WXET Teucrium 2x Daily Wheat ETF | 36.00% | -37.99% | -0.40% |
Correlation
The correlation between TAGS and WXET is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 2024 | 0.76 |
The correlation between TAGS and WXET has been stable across timeframes, ranging from 0.76 to 0.82 - a consistent structural relationship.
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. WXET — Risk / Return Rank
TAGS
WXET
TAGS vs. WXET - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Teucrium Agricultural Fund (TAGS) and Teucrium 2x Daily Wheat ETF (WXET). 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 | WXET | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.05 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.36 | 0.07 | +0.29 |
| Martin ratioReturn relative to average drawdown | 0.74 | 0.13 | +0.61 |
Loading charts...
Drawdowns
TAGS vs. WXET - Drawdown Comparison
The maximum TAGS drawdown since its inception was -76.40%, which is greater than WXET's maximum drawdown of -48.31%. Use the drawdown chart below to compare losses from any high point for TAGS and WXET.
Loading charts...
Drawdown Indicators
| TAGS | WXET | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.40% | -48.31% | -28.09% |
Max Drawdown (1Y)Largest decline over 1 year | -9.65% | -30.76% | +21.11% |
Max Drawdown (3Y)Largest decline over 3 years | -32.73% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -37.60% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -43.84% | — | — |
Current DrawdownCurrent decline from peak | -62.88% | -29.70% | -33.18% |
Average DrawdownAverage peak-to-trough decline | -57.26% | -30.80% | -26.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.72% | 16.75% | -12.03% |
Volatility
TAGS vs. WXET - Volatility Comparison
The current volatility for Teucrium Agricultural Fund (TAGS) is 4.36%, while Teucrium 2x Daily Wheat ETF (WXET) has a volatility of 15.22%. This indicates that TAGS experiences smaller price fluctuations and is considered to be less risky than WXET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TAGS | WXET | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.36% | 15.22% | -10.86% |
Volatility (6M)Calculated over the trailing 6-month period | 10.67% | 41.40% | -30.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.74% | 48.94% | -36.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.11% | 48.47% | -32.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.00% | 48.47% | -30.47% |
TAGS vs. WXET - Expense Ratio Comparison
TAGS has a 0.21% expense ratio, which is lower than WXET's 0.95% expense ratio.
Dividends
TAGS vs. WXET - Dividend Comparison
TAGS has not paid dividends to shareholders, while WXET's dividend yield for the trailing twelve months is around 1.77%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
TAGS Teucrium Agricultural Fund | 0.00% | 0.00% | 0.00% |
WXET Teucrium 2x Daily Wheat ETF | 1.77% | 3.57% | 0.13% |
Frequently Asked Questions
TAGS and WXET have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WXET has higher volatility (15.22%) compared to TAGS (4.36%). In terms of maximum drawdown, TAGS dropped -76.40% vs WXET's -48.31%.
On 1-year performance, TAGS leads with 3.48% vs 2.11% for WXET. On fees, TAGS is cheaper at 0.21% per year. On volatility, TAGS has been the lower-risk option at 4.36%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, TAGS has performed better with a 3.48% return vs 2.11%. 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 0.95% for WXET.
WXET has the higher dividend yield at 1.77%, compared with 0.00% for TAGS.
TAGS is categorized as Agricultural Commodities, while WXET is Leveraged Commodities. Their fees differ too: 0.21% for TAGS and 0.95% for WXET.
TAGS currently has the higher Sharpe Ratio (0.27 vs 0.04), 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 WXET
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