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 -14.72%/yr vs 28.82%/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 12.27% return, which is significantly higher than IAUM's -4.68% return.
WEAT
- 1D
- -1.45%
- 1M
- -8.68%
- YTD
- 12.27%
- 6M
- 10.61%
- 1Y
- -4.80%
- 3Y*
- -14.72%
- 5Y*
- -7.07%
- 10Y*
- -6.28%
IAUM
- 1D
- -1.87%
- 1M
- -8.79%
- YTD
- -4.68%
- 6M
- -8.59%
- 1Y
- 21.67%
- 3Y*
- 28.82%
- 5Y*
- —
- 10Y*
- —
WEAT vs. IAUM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
WEAT Teucrium Wheat Fund | 12.27% | -17.14% | -19.26% | -25.19% | 7.98% | 14.22% |
IAUM iShares Gold Trust Micro | -4.68% | 64.27% | 27.04% | 13.12% | -0.49% | 3.87% |
Correlation
The correlation between WEAT and IAUM is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2021 | 0.09 |
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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.
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 | IAUM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.02 | ||
| Sortino ratioReturn per unit of downside risk | -1.33 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.17 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 0.89 | -1.23 |
| Martin ratioReturn relative to average drawdown | -0.56 | 2.40 | -2.96 |
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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 -24.37%. 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% | -24.37% | -59.95% |
Max Drawdown (1Y)Largest decline over 1 year | -14.31% | -24.37% | +10.06% |
Max Drawdown (3Y)Largest decline over 3 years | -46.27% | -24.37% | -21.90% |
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 | -82.31% | -23.81% | -58.50% |
Average DrawdownAverage peak-to-trough decline | -63.17% | -5.46% | -57.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.64% | 9.06% | +0.58% |
Volatility
WEAT vs. IAUM - Volatility Comparison
The current volatility for Teucrium Wheat Fund (WEAT) is 4.87%, while iShares Gold Trust Micro (IAUM) has a volatility of 8.12%. This indicates that WEAT experiences smaller price fluctuations and is considered to be less risky 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 | 4.87% | 8.12% | -3.25% |
Volatility (6M)Calculated over the trailing 6-month period | 18.17% | 24.11% | -5.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.00% | 27.27% | -5.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.44% | 18.10% | +12.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.78% | 18.10% | +8.68% |
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 -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IAUM has higher volatility (8.12%) compared to WEAT (4.87%). In terms of maximum drawdown, WEAT dropped -84.32% vs IAUM's -24.37%.
On 3-year performance, IAUM leads with 28.82% vs -14.72% for WEAT. On fees, IAUM is cheaper at 0.09% per year. On volatility, WEAT has been the lower-risk option at 4.87%. 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 28.82% return vs -14.72%. 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 (0.80 vs -0.22), 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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