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 -0.95% vs -11.24% 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
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Returns By Period
In the year-to-date period, TAGS achieves a 6.11% return, which is significantly lower than WXET's 21.04% 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%
WXET
- 1D
- -5.28%
- 1M
- -17.12%
- YTD
- 21.04%
- 6M
- 7.24%
- 1Y
- -11.24%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TAGS vs. WXET - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
TAGS Teucrium Agricultural Fund | 6.11% | -8.76% | -0.49% |
WXET Teucrium 2x Daily Wheat ETF | 21.04% | -37.99% | -0.40% |
Correlation
The correlation between TAGS and WXET is 0.81, 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 | 0.81 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 2024 | 0.76 |
The correlation between TAGS and WXET has been stable across timeframes, ranging from 0.76 to 0.81 - a consistent structural relationship.
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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.
| TAGS | WXET | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.00 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.09 | -0.32 | +0.22 |
| Martin ratioReturn relative to average drawdown | -0.16 | -0.48 | +0.32 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TAGS | WXET | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.08 | -0.23 | +0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.09 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.10 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.23 | -0.37 | +0.14 |
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.
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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 | -10.07% | -35.64% | +25.57% |
Max Drawdown (3Y)Largest decline over 3 years | -33.59% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -37.60% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -47.30% | — | — |
Current DrawdownCurrent decline from peak | -63.69% | -37.43% | -26.26% |
Average DrawdownAverage peak-to-trough decline | -57.23% | -30.50% | -26.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.88% | 23.40% | -17.52% |
Volatility
TAGS vs. WXET - Volatility Comparison
The current volatility for Teucrium Agricultural Fund (TAGS) is 5.52%, while Teucrium 2x Daily Wheat ETF (WXET) has a volatility of 22.01%. 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.
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Volatility by Period
| TAGS | WXET | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.52% | 22.01% | -16.49% |
Volatility (6M)Calculated over the trailing 6-month period | 10.12% | 39.70% | -29.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.61% | 50.13% | -37.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.58% | 48.57% | -31.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.04% | 48.57% | -30.53% |
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 2.08%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
TAGS Teucrium Agricultural Fund | 0.00% | 0.00% | 0.00% |
WXET Teucrium 2x Daily Wheat ETF | 2.08% | 3.57% | 0.13% |
Frequently Asked Questions
TAGS and WXET have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WXET has higher volatility (22.01%) compared to TAGS (5.52%). In terms of maximum drawdown, TAGS dropped -76.40% vs WXET's -48.31%.
On 1-year performance, TAGS leads with -0.95% vs -11.24% for WXET. 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 1-year period, TAGS has performed better with a -0.95% return vs -11.24%. 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 2.08%, 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 (-0.08 vs -0.23), 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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