UCIB vs. TILL

Last updated Jun 24, 2026

UCIB (ETRACS CMCI Total Return ETN Series B) and TILL (Teucrium Agricultural Strategy No K-1 ETF) are both Commodities funds. UCIB is passively managed, while TILL is actively managed. Over the past 3 years, UCIB returned 11.68%/yr vs -8.91%/yr for TILL. At a 0.36 correlation, their price movements are largely independent. UCIB charges 0.55%/yr vs 0.89%/yr for TILL.

Performance

UCIB vs. TILL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS CMCI Total Return ETN Series B (UCIB) and Teucrium Agricultural Strategy No K-1 ETF (TILL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UCIB achieves a 17.40% return, which is significantly higher than TILL's 2.85% return.

UCIB

• 1D: -0.15%
• 1M: -5.98%
• YTD: 17.40%
• 6M: 17.51%
• 1Y: 22.65%
• 3Y*: 11.68%
• 5Y*: 11.67%
• 10Y*: 9.99%

TILL

• 1D: -0.32%
• 1M: -7.52%
• YTD: 2.85%
• 6M: 1.90%
• 1Y: -3.91%
• 3Y*: -8.91%
• 5Y*: —
• 10Y*: —

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

UCIB vs. TILL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
UCIB ETRACS CMCI Total Return ETN Series B	17.40%	8.97%	6.58%	-2.26%	-6.40%
TILL Teucrium Agricultural Strategy No K-1 ETF	2.85%	-5.97%	-13.98%	-5.00%	-11.52%

Correlation

The correlation between UCIB and TILL is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (All Time) Calculated using the full available price history since May 17, 2022	0.36

Return for Risk

UCIB vs. TILL — Risk / Return Rank

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

UCIB

UCIB Risk / Return Rank: 27
UCIB Sharpe Ratio Rank: 21
UCIB Sortino Ratio Rank: 21
UCIB Omega Ratio Rank: 35
UCIB Calmar Ratio Rank: 27
UCIB Martin Ratio Rank: 30

TILL

TILL Risk / Return Rank: 6
TILL Sharpe Ratio Rank: 6
TILL Sortino Ratio Rank: 6
TILL Omega Ratio Rank: 6
TILL Calmar Ratio Rank: 5
TILL Martin Ratio Rank: 5

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.

UCIB vs. TILL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS CMCI Total Return ETN Series B (UCIB) and Teucrium Agricultural Strategy No K-1 ETF (TILL). 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.

	UCIB	TILL	Difference
Sharpe ratio: Return per unit of total volatility	0.70	-0.31	+1.02
Sortino ratio: Return per unit of downside risk	1.13	-0.37	+1.49
Omega ratio: Gain probability vs. loss probability	1.22	0.96	+0.26
Calmar ratio: Return relative to maximum drawdown	1.28	-0.41	+1.69
Martin ratio: Return relative to average drawdown	3.95	-0.80	+4.74

UCIB vs. TILL - Sharpe Ratio Comparison

The current UCIB Sharpe Ratio is 0.70, which is higher than the TILL Sharpe Ratio of -0.31. The chart below compares the historical Sharpe Ratios of UCIB and TILL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

UCIB vs. TILL - Drawdown Comparison

The maximum UCIB drawdown since its inception was -51.29%, which is greater than TILL's maximum drawdown of -33.76%. Use the drawdown chart below to compare losses from any high point for UCIB and TILL.

Drawdown Indicators

	UCIB	TILL	Difference
Max Drawdown Largest peak-to-trough decline	-51.29%	-33.76%	-17.53%
Max Drawdown (1Y) Largest decline over 1 year	-17.82%	-9.60%	-8.22%
Max Drawdown (3Y) Largest decline over 3 years	-17.82%	-29.46%	+11.64%
Max Drawdown (5Y) Largest decline over 5 years	-20.95%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.94%	—	—
Current Drawdown Current decline from peak	-17.82%	-30.98%	+13.16%
Average Drawdown Average peak-to-trough decline	-21.03%	-21.48%	+0.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.76%	4.93%	+0.83%

Volatility

UCIB vs. TILL - Volatility Comparison

ETRACS CMCI Total Return ETN Series B (UCIB) has a higher volatility of 7.47% compared to Teucrium Agricultural Strategy No K-1 ETF (TILL) at 2.83%. This indicates that UCIB's price experiences larger fluctuations and is considered to be riskier than TILL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UCIB	TILL	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.47%	2.83%	+4.64%
Volatility (6M) Calculated over the trailing 6-month period	31.71%	10.35%	+21.36%
Volatility (1Y) Calculated over the trailing 1-year period	32.37%	12.65%	+19.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.86%	14.69%	+12.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.33%	14.69%	+8.64%

UCIB vs. TILL - Expense Ratio Comparison

UCIB has a 0.55% expense ratio, which is lower than TILL's 0.89% expense ratio.

Dividends

UCIB vs. TILL - Dividend Comparison

UCIB has not paid dividends to shareholders, while TILL's dividend yield for the trailing twelve months is around 4.83%.

Position	TTM	2025	2024	2023	2022
TILL Teucrium Agricultural Strategy No K-1 ETF	4.83%	4.97%	2.55%	51.24%	0.73%
UCIB ETRACS CMCI Total Return ETN Series B	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UCIB and TILL in my portfolio?

UCIB and TILL have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UCIB or TILL?

UCIB has higher volatility (7.47%) compared to TILL (2.83%). In terms of maximum drawdown, UCIB dropped -51.29% vs TILL's -33.76%.

Which ETF is better, UCIB or TILL?

On 3-year performance, UCIB leads with 11.68% vs -8.91% for TILL. On fees, UCIB is cheaper at 0.55% per year. On volatility, TILL has been the lower-risk option at 2.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UCIB or TILL?

Over the 3-year period, UCIB has performed better with a 11.68% return vs -8.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UCIB or TILL?

UCIB is cheaper with a 0.55% expense ratio, compared with 0.89% for TILL.

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

TILL has the higher dividend yield at 4.83%, compared with 0.00% for UCIB.

What is the main difference between UCIB and TILL?

They also come from different issuers: UBS and Teucrium. Their fees differ too: 0.55% for UCIB and 0.89% for TILL.

Which has better risk-adjusted returns?

UCIB currently has the higher Sharpe Ratio (0.70 vs -0.31), 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.