TILL vs. KEUA

Last updated Jun 5, 2026

TILL (Teucrium Agricultural Strategy No K-1 ETF) and KEUA (KraneShares European Carbon Allowance Strategy ETF) are both Commodities funds. TILL is actively managed, while KEUA is passively managed. At a 0.05 correlation, their price movements are largely independent. TILL charges 0.89%/yr vs 0.87%/yr for KEUA.

Performance

TILL vs. KEUA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium Agricultural Strategy No K-1 ETF (TILL) and KraneShares European Carbon Allowance Strategy ETF (KEUA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TILL

• 1D: -1.13%
• 1M: -6.31%
• YTD: 5.10%
• 6M: 3.12%
• 1Y: -1.33%
• 3Y*: -5.74%
• 5Y*: —
• 10Y*: —

KEUA

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TILL vs. KEUA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TILL Teucrium Agricultural Strategy No K-1 ETF	5.10%	-5.97%	-13.98%	-5.00%	-12.66%
KEUA KraneShares European Carbon Allowance Strategy ETF	-19.02%	32.81%	-14.52%	-3.14%	-7.89%

Correlation

The correlation between TILL and KEUA is 0.09, 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	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (All Time) Calculated using the full available price history since May 18, 2022	0.05

Return for Risk

TILL vs. KEUA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TILL

TILL Risk / Return Rank: 8
TILL Sharpe Ratio Rank: 8
TILL Sortino Ratio Rank: 8
TILL Omega Ratio Rank: 7
TILL Calmar Ratio Rank: 8
TILL Martin Ratio Rank: 8

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.

TILL vs. KEUA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium Agricultural Strategy No K-1 ETF (TILL) and KraneShares European Carbon Allowance Strategy ETF (KEUA). 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.

	TILL	KEUA	Difference
Sharpe ratio: Return per unit of total volatility	-0.11	—	—
Sortino ratio: Return per unit of downside risk	-0.06	—	—
Omega ratio: Gain probability vs. loss probability	0.99	—	—
Calmar ratio: Return relative to maximum drawdown	-0.15	—	—
Martin ratio: Return relative to average drawdown	-0.25	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TILL	KEUA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.56	—	—

Drawdowns

Drawdown Indicators

	TILL	KEUA	Difference
Max Drawdown Largest peak-to-trough decline	-33.76%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.98%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-30.40%	—	—
Current Drawdown Current decline from peak	-29.47%	—	—
Average Drawdown Average peak-to-trough decline	-21.40%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	5.41%	—	—

Volatility

Volatility by Period

	TILL	KEUA	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.25%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.68%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.74%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.74%	—	—

TILL vs. KEUA - Expense Ratio Comparison

TILL has a 0.89% expense ratio, which is higher than KEUA's 0.87% expense ratio.

Dividends

TILL vs. KEUA - Dividend Comparison

TILL's dividend yield for the trailing twelve months is around 4.72%, more than KEUA's 2.83% yield.

Position	TTM	2025	2024	2023	2022
KEUA KraneShares European Carbon Allowance Strategy ETF	2.83%	2.29%	7.71%	5.67%	0.00%
TILL Teucrium Agricultural Strategy No K-1 ETF	4.72%	4.97%	2.55%	51.24%	0.73%

Frequently Asked Questions

Can I hold both TILL and KEUA in my portfolio?

TILL and KEUA have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TILL or KEUA?

On fees, KEUA is cheaper at 0.87% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TILL or KEUA?

KEUA is cheaper with a 0.87% expense ratio, compared with 0.89% for TILL.

Which ETF pays a higher dividend yield, TILL or KEUA?

TILL has the higher dividend yield at 4.72%, compared with 2.83% for KEUA.

What is the main difference between TILL and KEUA?

They also come from different issuers: Teucrium and KraneShares. Their fees differ too: 0.89% for TILL and 0.87% for KEUA.