WEAT vs. APRH
WEAT (Teucrium Wheat Fund) and APRH (Innovator Premium Income 20 Barrier ETF - April) are both exchange-traded funds - WEAT is a Agricultural Commodities fund tracking the Teucrium Wheat Fund Benchmark, while APRH is a Options Trading fund actively managed by Innovator. WEAT is passively managed, while APRH is actively managed. Over the past 3 years, WEAT returned -10.48%/yr vs 7.42%/yr for APRH. At a correlation of -0.02, they often move in opposite directions. WEAT charges 1.91%/yr vs 0.79%/yr for APRH.
Performance
WEAT vs. APRH - Performance Comparison
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Returns By Period
In the year-to-date period, WEAT achieves a 13.52% return, which is significantly higher than APRH's 4.49% return.
WEAT
- 1D
- -2.07%
- 1M
- -6.32%
- YTD
- 13.52%
- 6M
- 8.73%
- 1Y
- -0.35%
- 3Y*
- -10.48%
- 5Y*
- -7.95%
- 10Y*
- -6.84%
APRH
- 1D
- -0.08%
- 1M
- 1.07%
- YTD
- 4.49%
- 6M
- 4.02%
- 1Y
- 7.82%
- 3Y*
- 7.42%
- 5Y*
- —
- 10Y*
- —
WEAT vs. APRH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
WEAT Teucrium Wheat Fund | 13.52% | -17.14% | -19.26% | -16.27% |
APRH Innovator Premium Income 20 Barrier ETF - April | 4.49% | 5.84% | 6.91% | 6.96% |
Correlation
The correlation between WEAT and APRH is -0.21, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 2023 | -0.02 |
The correlation between WEAT and APRH shifts across timeframes, from -0.21 (1 year) to -0.02 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WEAT vs. APRH — Risk / Return Rank
WEAT
APRH
WEAT vs. APRH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Teucrium Wheat Fund (WEAT) and Innovator Premium Income 20 Barrier ETF - April (APRH). 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.
| WEAT | APRH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.19 | ||
| Sortino ratioReturn per unit of downside risk | -4.60 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.90 | -0.88 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 6.48 | -6.50 |
| Martin ratioReturn relative to average drawdown | -0.03 | 22.02 | -22.05 |
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
| WEAT | APRH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.02 | 3.18 | -3.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.26 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.26 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.41 | 1.70 | -2.11 |
Drawdowns
WEAT vs. APRH - Drawdown Comparison
The maximum WEAT drawdown since its inception was -84.32%, which is greater than APRH's maximum drawdown of -5.87%. Use the drawdown chart below to compare losses from any high point for WEAT and APRH.
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Drawdown Indicators
| WEAT | APRH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.32% | -5.87% | -78.45% |
Max Drawdown (1Y)Largest decline over 1 year | -17.85% | -1.21% | -16.64% |
Max Drawdown (3Y)Largest decline over 3 years | -46.27% | -5.87% | -40.40% |
Max Drawdown (5Y)Largest decline over 5 years | -67.83% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -67.83% | — | — |
Current DrawdownCurrent decline from peak | -82.12% | -0.08% | -82.04% |
Average DrawdownAverage peak-to-trough decline | -63.12% | -0.21% | -62.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.29% | 0.36% | +10.93% |
Volatility
WEAT vs. APRH - Volatility Comparison
Teucrium Wheat Fund (WEAT) has a higher volatility of 10.00% compared to Innovator Premium Income 20 Barrier ETF - April (APRH) at 0.55%. This indicates that WEAT's price experiences larger fluctuations and is considered to be riskier than APRH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WEAT | APRH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.00% | 0.55% | +9.45% |
Volatility (6M)Calculated over the trailing 6-month period | 18.05% | 1.98% | +16.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.62% | 2.47% | +20.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.51% | 4.56% | +25.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.80% | 4.56% | +22.24% |
WEAT vs. APRH - Expense Ratio Comparison
WEAT has a 1.91% expense ratio, which is higher than APRH's 0.79% expense ratio.
Dividends
WEAT vs. APRH - Dividend Comparison
WEAT has not paid dividends to shareholders, while APRH's dividend yield for the trailing twelve months is around 5.35%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
APRH Innovator Premium Income 20 Barrier ETF - April | 5.35% | 5.49% | 6.87% | 5.90% |
WEAT Teucrium Wheat Fund | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WEAT and APRH 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.
WEAT has higher volatility (10.00%) compared to APRH (0.55%). In terms of maximum drawdown, WEAT dropped -84.32% vs APRH's -5.87%.
On 3-year performance, APRH leads with 7.42% vs -10.48% for WEAT. On fees, APRH is cheaper at 0.79% per year. On volatility, APRH has been the lower-risk option at 0.55%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, APRH has performed better with a 7.42% return vs -10.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
APRH is cheaper with a 0.79% expense ratio, compared with 1.91% for WEAT.
APRH has the higher dividend yield at 5.35%, compared with 0.00% for WEAT.
WEAT is categorized as Agricultural Commodities, while APRH is Options Trading. They also come from different issuers: Teucrium and Innovator. Their fees differ too: 1.91% for WEAT and 0.79% for APRH.
APRH currently has the higher Sharpe Ratio (3.18 vs -0.02), 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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