WEAT vs. CORN

Last updated Jun 23, 2026

WEAT (Teucrium Wheat Fund) and CORN (Teucrium Corn Fund) are both Agricultural Commodities funds from Teucrium - WEAT tracks the Teucrium Wheat Fund Benchmark while CORN tracks the Teucrium Corn Fund Benchmark. Both are passively managed. Over the past 10 years, WEAT returned -6.15%/yr vs -2.38%/yr for CORN. A 0.63 correlation means they provide meaningful diversification when combined. WEAT charges 1.91%/yr vs 2.19%/yr for CORN.

Performance

WEAT vs. CORN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium Wheat Fund (WEAT) and Teucrium Corn Fund (CORN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WEAT achieves a 13.92% return, which is significantly higher than CORN's -5.41% return. Over the past 10 years, WEAT has underperformed CORN with an annualized return of -6.15%, while CORN has yielded a comparatively higher -2.38% annualized return.

WEAT

• 1D: -0.83%
• 1M: -7.33%
• YTD: 13.92%
• 6M: 12.62%
• 1Y: -5.21%
• 3Y*: -14.30%
• 5Y*: -7.11%
• 10Y*: -6.15%

CORN

• 1D: -1.06%
• 1M: -8.66%
• YTD: -5.41%
• 6M: -6.26%
• 1Y: -8.56%
• 3Y*: -13.03%
• 5Y*: -3.24%
• 10Y*: -2.38%

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

WEAT vs. CORN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WEAT Teucrium Wheat Fund	13.92%	-17.14%	-19.26%	-25.19%	7.98%	19.39%	5.81%	-1.35%	-1.17%	-12.79%
CORN Teucrium Corn Fund	-5.41%	-5.54%	-12.98%	-19.90%	25.02%	38.25%	5.27%	-7.79%	-4.28%	-10.38%

Correlation

The correlation between WEAT and CORN is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (10Y) Calculated over the trailing 10-year period	0.62
Correlation (All Time) Calculated using the full available price history since Sep 19, 2011	0.63

The correlation between WEAT and CORN has been stable across timeframes, ranging from 0.62 to 0.71 - a consistent structural relationship.

Return for Risk

WEAT vs. CORN — Risk / Return Rank

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

WEAT

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

CORN

CORN Risk / Return Rank: 3
CORN Sharpe Ratio Rank: 4
CORN Sortino Ratio Rank: 4
CORN Omega Ratio Rank: 4
CORN Calmar Ratio Rank: 3
CORN Martin Ratio Rank: 0

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.

WEAT vs. CORN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium Wheat Fund (WEAT) and Teucrium Corn Fund (CORN). 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.

	WEAT	CORN	Difference
Sharpe ratio: Return per unit of total volatility	-0.24	-0.56	+0.32
Sortino ratio: Return per unit of downside risk	-0.21	-0.67	+0.46
Omega ratio: Gain probability vs. loss probability	0.98	0.92	+0.06
Calmar ratio: Return relative to maximum drawdown	-0.34	-0.68	+0.35
Martin ratio: Return relative to average drawdown	-0.54	-1.96	+1.42

WEAT vs. CORN - Sharpe Ratio Comparison

The current WEAT Sharpe Ratio is -0.24, which is higher than the CORN Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of WEAT and CORN, 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

WEAT vs. CORN - Drawdown Comparison

The maximum WEAT drawdown since its inception was -84.32%, which is greater than CORN's maximum drawdown of -78.09%. Use the drawdown chart below to compare losses from any high point for WEAT and CORN.

Drawdown Indicators

	WEAT	CORN	Difference
Max Drawdown Largest peak-to-trough decline	-84.32%	-78.09%	-6.23%
Max Drawdown (1Y) Largest decline over 1 year	-15.58%	-12.55%	-3.03%
Max Drawdown (3Y) Largest decline over 3 years	-46.27%	-34.78%	-11.49%
Max Drawdown (5Y) Largest decline over 5 years	-67.83%	-44.39%	-23.44%
Max Drawdown (10Y) Largest decline over 10 years	-67.83%	-45.97%	-21.86%
Current Drawdown Current decline from peak	-82.05%	-68.16%	-13.89%
Average Drawdown Average peak-to-trough decline	-63.17%	-51.12%	-12.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.96%	4.79%	+6.17%

Volatility

WEAT vs. CORN - Volatility Comparison

Teucrium Wheat Fund (WEAT) has a higher volatility of 4.91% compared to Teucrium Corn Fund (CORN) at 4.22%. This indicates that WEAT's price experiences larger fluctuations and is considered to be riskier than CORN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WEAT	CORN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.91%	4.22%	+0.69%
Volatility (6M) Calculated over the trailing 6-month period	18.10%	11.78%	+6.32%
Volatility (1Y) Calculated over the trailing 1-year period	22.00%	15.45%	+6.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.44%	19.73%	+10.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.78%	19.32%	+7.46%

WEAT vs. CORN - Expense Ratio Comparison

WEAT has a 1.91% expense ratio, which is lower than CORN's 2.19% expense ratio.

Dividends

WEAT vs. CORN - Dividend Comparison

Neither WEAT nor CORN has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WEAT and CORN in my portfolio?

WEAT and CORN have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WEAT or CORN?

WEAT has higher volatility (4.91%) compared to CORN (4.22%). In terms of maximum drawdown, WEAT dropped -84.32% vs CORN's -78.09%.

Which ETF is better, WEAT or CORN?

On 10-year performance, CORN leads with -2.38% vs -6.15% for WEAT. On fees, WEAT is cheaper at 1.91% per year. On volatility, CORN has been the lower-risk option at 4.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WEAT or CORN?

Over the 10-year period, CORN has performed better with a -2.38% return vs -6.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WEAT or CORN?

WEAT is cheaper with a 1.91% expense ratio, compared with 2.19% for CORN.

Which ETF pays a higher dividend yield, WEAT or CORN?

WEAT and CORN have nearly identical dividend yields, around 0.00%.

What is the main difference between WEAT and CORN?

WEAT tracks Teucrium Wheat Fund Benchmark, while CORN tracks Teucrium Corn Fund Benchmark. Their fees differ too: 1.91% for WEAT and 2.19% for CORN.

Which has better risk-adjusted returns?

WEAT currently has the higher Sharpe Ratio (-0.24 vs -0.56), 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.