WEAT vs. FLKR

Last updated Jul 12, 2026

WEAT (Teucrium Wheat Fund) and FLKR (Franklin FTSE South Korea ETF) are both exchange-traded funds - WEAT is a Agricultural Commodities fund tracking the Teucrium Wheat Index (TWEAT), while FLKR is a South Korea Equities fund tracking the FTSE South Korea RIC Capped Index. Both are passively managed. Over the past 5 years, WEAT returned -5.12%/yr vs 17.20%/yr for FLKR. At a 0.06 correlation, their price movements are largely independent. WEAT charges 1.91%/yr vs 0.09%/yr for FLKR.

Performance

WEAT vs. FLKR - Performance Comparison

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

Returns By Period

In the year-to-date period, WEAT achieves a 18.78% return, which is significantly lower than FLKR's 88.17% return.

WEAT

• 1D: 2.91%
• 1M: 5.75%
• 6M: 16.62%
• YTD: 18.78%
• 1Y: 5.42%
• 3Y*: -10.15%
• 5Y*: -5.12%
• 10Y*: -5.23%

FLKR

• 1D: -0.13%
• 1M: -5.67%
• 6M: 69.24%
• YTD: 88.17%
• 1Y: 153.09%
• 3Y*: 45.44%
• 5Y*: 17.20%
• 10Y*: —

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

WEAT vs. FLKR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WEAT Teucrium Wheat Fund	18.78%	-17.14%	-19.26%	-25.19%	7.98%	19.39%	5.81%	-1.35%	-1.17%	-4.46%
FLKR Franklin FTSE South Korea ETF	88.17%	91.91%	-18.84%	19.16%	-27.50%	-7.54%	42.64%	8.88%	-21.30%	3.00%

Correlation

The correlation between WEAT and FLKR is 0.06, 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	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.05
Correlation (All Time) Calculated using the full available price history since Nov 6, 2017	0.06

Return for Risk

WEAT vs. FLKR — Risk / Return Rank

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

WEAT

WEAT Risk / Return Rank: 12
WEAT Sharpe Ratio Rank: 12
WEAT Sortino Ratio Rank: 12
WEAT Omega Ratio Rank: 12
WEAT Calmar Ratio Rank: 13
WEAT Martin Ratio Rank: 12

FLKR

FLKR Risk / Return Rank: 92
FLKR Sharpe Ratio Rank: 95
FLKR Sortino Ratio Rank: 87
FLKR Omega Ratio Rank: 90
FLKR Calmar Ratio Rank: 95
FLKR Martin Ratio Rank: 94

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. FLKR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium Wheat Fund (WEAT) and Franklin FTSE South Korea ETF (FLKR). 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	FLKR	Difference
Sharpe ratio: Return per unit of total volatility	0.16	3.07	-2.90
Sortino ratio: Return per unit of downside risk	0.43	3.16	-2.73
Omega ratio: Gain probability vs. loss probability	1.05	1.47	-0.42
Calmar ratio: Return relative to maximum drawdown	0.25	6.61	-6.36
Martin ratio: Return relative to average drawdown	0.48	20.76	-20.28

WEAT vs. FLKR - Sharpe Ratio Comparison

The current WEAT Sharpe Ratio is 0.16, which is lower than the FLKR Sharpe Ratio of 3.07. The chart below compares the historical Sharpe Ratios of WEAT and FLKR, 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. FLKR - Drawdown Comparison

The maximum WEAT drawdown since its inception was -84.32%, which is greater than FLKR's maximum drawdown of -50.06%. Use the drawdown chart below to compare losses from any high point for WEAT and FLKR.

Drawdown Indicators

	WEAT	FLKR	Difference
Max Drawdown Largest peak-to-trough decline	-84.32%	-50.06%	-34.26%
Max Drawdown (1Y) Largest decline over 1 year	-14.44%	-23.03%	+8.59%
Max Drawdown (3Y) Largest decline over 3 years	-46.27%	-26.39%	-19.88%
Max Drawdown (5Y) Largest decline over 5 years	-67.83%	-48.14%	-19.69%
Max Drawdown (10Y) Largest decline over 10 years	-67.83%	—	—
Current Drawdown Current decline from peak	-81.29%	-16.53%	-64.76%
Average Drawdown Average peak-to-trough decline	-63.23%	-21.93%	-41.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.21%	7.32%	+0.89%

Volatility

WEAT vs. FLKR - Volatility Comparison

The current volatility for Teucrium Wheat Fund (WEAT) is 6.35%, while Franklin FTSE South Korea ETF (FLKR) has a volatility of 24.66%. This indicates that WEAT experiences smaller price fluctuations and is considered to be less risky than FLKR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WEAT	FLKR	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.35%	24.66%	-18.31%
Volatility (6M) Calculated over the trailing 6-month period	18.74%	46.71%	-27.97%
Volatility (1Y) Calculated over the trailing 1-year period	21.95%	49.65%	-27.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.33%	30.98%	-0.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.77%	29.12%	-2.35%

WEAT vs. FLKR - Expense Ratio Comparison

WEAT has a 1.91% expense ratio, which is higher than FLKR's 0.09% expense ratio.

Dividends

WEAT vs. FLKR - Dividend Comparison

WEAT has not paid dividends to shareholders, while FLKR's dividend yield for the trailing twelve months is around 2.45%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLKR Franklin FTSE South Korea ETF	2.45%	3.87%	7.08%	2.28%	3.13%	2.12%	0.99%	2.09%	1.86%	1.02%
WEAT Teucrium Wheat Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WEAT and FLKR in my portfolio?

WEAT and FLKR have a correlation of 0.06, 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 FLKR?

FLKR has higher volatility (24.66%) compared to WEAT (6.35%). In terms of maximum drawdown, WEAT dropped -84.32% vs FLKR's -50.06%.

Which ETF is better, WEAT or FLKR?

On 5-year performance, FLKR leads with 17.20% vs -5.12% for WEAT. On fees, FLKR is cheaper at 0.09% per year. On volatility, WEAT has been the lower-risk option at 6.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WEAT or FLKR?

Over the 5-year period, FLKR has performed better with a 17.20% return vs -5.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WEAT or FLKR?

FLKR is cheaper with a 0.09% expense ratio, compared with 1.91% for WEAT.

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

FLKR has the higher dividend yield at 2.45%, compared with 0.00% for WEAT.

What is the main difference between WEAT and FLKR?

WEAT is categorized as Agricultural Commodities, while FLKR is South Korea Equities. WEAT tracks Teucrium Wheat Index (TWEAT), while FLKR tracks FTSE South Korea RIC Capped Index. They also come from different issuers: Teucrium and Franklin Templeton. Their fees differ too: 1.91% for WEAT and 0.09% for FLKR.

Which has better risk-adjusted returns?

FLKR currently has the higher Sharpe Ratio (3.07 vs 0.16), 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.