WEAT vs. IAUM
WEAT (Teucrium Wheat Fund) and IAUM (iShares Gold Trust Micro) are both exchange-traded funds - WEAT is a Agricultural Commodities fund tracking the Teucrium Wheat Fund Benchmark, while IAUM is a Gold fund tracking the LBMA Gold Price PM. Both are passively managed. Over the past 3 years, WEAT returned -10.48%/yr vs 31.53%/yr for IAUM. At a 0.09 correlation, their price movements are largely independent. WEAT charges 1.91%/yr vs 0.09%/yr for IAUM.
Performance
WEAT vs. IAUM - 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 IAUM's 3.00% 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%
IAUM
- 1D
- -0.96%
- 1M
- -1.62%
- YTD
- 3.00%
- 6M
- 5.58%
- 1Y
- 32.42%
- 3Y*
- 31.53%
- 5Y*
- —
- 10Y*
- —
WEAT vs. IAUM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
WEAT Teucrium Wheat Fund | 13.52% | -17.14% | -19.26% | -25.19% | 7.98% | 14.75% |
IAUM iShares Gold Trust Micro | 3.00% | 64.27% | 27.04% | 13.12% | -0.49% | 3.87% |
Correlation
The correlation between WEAT and IAUM is -0.02, 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 | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2021 | 0.09 |
The correlation between WEAT and IAUM shifts across timeframes, from -0.02 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
WEAT vs. IAUM — Risk / Return Rank
WEAT
IAUM
WEAT vs. IAUM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Teucrium Wheat Fund (WEAT) and iShares Gold Trust Micro (IAUM). 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 | IAUM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.25 | ||
| Sortino ratioReturn per unit of downside risk | -1.48 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.25 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 1.70 | -1.72 |
| Martin ratioReturn relative to average drawdown | -0.03 | 4.22 | -4.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WEAT | IAUM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.02 | 1.24 | -1.25 |
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 | 1.16 | -1.57 |
Drawdowns
WEAT vs. IAUM - Drawdown Comparison
The maximum WEAT drawdown since its inception was -84.32%, which is greater than IAUM's maximum drawdown of -20.87%. Use the drawdown chart below to compare losses from any high point for WEAT and IAUM.
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Drawdown Indicators
| WEAT | IAUM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.32% | -20.87% | -63.45% |
Max Drawdown (1Y)Largest decline over 1 year | -17.85% | -19.15% | +1.30% |
Max Drawdown (3Y)Largest decline over 3 years | -46.27% | -19.15% | -27.12% |
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% | -17.68% | -64.44% |
Average DrawdownAverage peak-to-trough decline | -63.12% | -5.30% | -57.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.29% | 7.70% | +3.59% |
Volatility
WEAT vs. IAUM - Volatility Comparison
Teucrium Wheat Fund (WEAT) has a higher volatility of 10.00% compared to iShares Gold Trust Micro (IAUM) at 5.50%. This indicates that WEAT's price experiences larger fluctuations and is considered to be riskier than IAUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WEAT | IAUM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.00% | 5.50% | +4.50% |
Volatility (6M)Calculated over the trailing 6-month period | 18.05% | 22.89% | -4.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.62% | 26.31% | -3.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.51% | 17.86% | +12.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.80% | 17.86% | +8.94% |
WEAT vs. IAUM - Expense Ratio Comparison
WEAT has a 1.91% expense ratio, which is higher than IAUM's 0.09% expense ratio.
Dividends
WEAT vs. IAUM - Dividend Comparison
Neither WEAT nor IAUM has paid dividends to shareholders.
Frequently Asked Questions
WEAT and IAUM have a correlation of -0.02, 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 IAUM (5.50%). In terms of maximum drawdown, WEAT dropped -84.32% vs IAUM's -20.87%.
On 3-year performance, IAUM leads with 31.53% vs -10.48% for WEAT. On fees, IAUM is cheaper at 0.09% per year. On volatility, IAUM has been the lower-risk option at 5.50%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, IAUM has performed better with a 31.53% return vs -10.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IAUM is cheaper with a 0.09% expense ratio, compared with 1.91% for WEAT.
WEAT and IAUM have nearly identical dividend yields, around 0.00%.
WEAT is categorized as Agricultural Commodities, while IAUM is Gold. WEAT tracks Teucrium Wheat Fund Benchmark, while IAUM tracks LBMA Gold Price PM. They also come from different issuers: Teucrium and iShares. Their fees differ too: 1.91% for WEAT and 0.09% for IAUM.
IAUM currently has the higher Sharpe Ratio (1.24 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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