WEAT vs. TAGS
WEAT (Teucrium Wheat Fund) and TAGS (Teucrium Agricultural Fund) are both Agricultural Commodities funds from Teucrium - WEAT tracks the Teucrium Wheat Fund Benchmark while TAGS tracks the Teucrium TAGS Index. Both are passively managed. Over the past 10 years, WEAT returned -6.84%/yr vs -1.74%/yr for TAGS. At a 0.47 correlation, their price movements are largely independent. WEAT charges 1.91%/yr vs 0.21%/yr for TAGS.
Performance
WEAT vs. TAGS - 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 TAGS's 6.11% return. Over the past 10 years, WEAT has underperformed TAGS with an annualized return of -6.84%, while TAGS has yielded a comparatively higher -1.74% annualized 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%
TAGS
- 1D
- -1.20%
- 1M
- -5.48%
- YTD
- 6.11%
- 6M
- 4.04%
- 1Y
- -0.95%
- 3Y*
- -7.08%
- 5Y*
- -1.51%
- 10Y*
- -1.74%
WEAT vs. TAGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WEAT Teucrium Wheat Fund | 13.52% | -17.14% | -19.26% | -25.19% | 7.98% | 19.39% | 5.81% | -1.35% | -1.17% | -12.79% |
TAGS Teucrium Agricultural Fund | 6.11% | -8.76% | -14.57% | -6.11% | 16.25% | 27.05% | 8.19% | -4.53% | -7.10% | -13.94% |
Correlation
The correlation between WEAT and TAGS is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Mar 29, 2012 | 0.47 |
Over the past year, WEAT and TAGS have become more correlated (0.81) than their long-term average of 0.47, meaning their price movements have been converging.
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Return for Risk
WEAT vs. TAGS — Risk / Return Rank
WEAT
TAGS
WEAT vs. TAGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Teucrium Wheat Fund (WEAT) and Teucrium Agricultural Fund (TAGS). 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 | TAGS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.00 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | -0.09 | +0.08 |
| Martin ratioReturn relative to average drawdown | -0.03 | -0.16 | +0.13 |
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 | TAGS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.02 | -0.08 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.26 | -0.09 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.26 | -0.10 | -0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.41 | -0.23 | -0.18 |
Drawdowns
WEAT vs. TAGS - Drawdown Comparison
The maximum WEAT drawdown since its inception was -84.32%, which is greater than TAGS's maximum drawdown of -76.40%. Use the drawdown chart below to compare losses from any high point for WEAT and TAGS.
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Drawdown Indicators
| WEAT | TAGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.32% | -76.40% | -7.92% |
Max Drawdown (1Y)Largest decline over 1 year | -17.85% | -10.07% | -7.78% |
Max Drawdown (3Y)Largest decline over 3 years | -46.27% | -33.59% | -12.68% |
Max Drawdown (5Y)Largest decline over 5 years | -67.83% | -37.60% | -30.23% |
Max Drawdown (10Y)Largest decline over 10 years | -67.83% | -47.30% | -20.53% |
Current DrawdownCurrent decline from peak | -82.12% | -63.69% | -18.43% |
Average DrawdownAverage peak-to-trough decline | -63.12% | -57.23% | -5.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.29% | 5.88% | +5.41% |
Volatility
WEAT vs. TAGS - Volatility Comparison
Teucrium Wheat Fund (WEAT) has a higher volatility of 10.00% compared to Teucrium Agricultural Fund (TAGS) at 5.52%. This indicates that WEAT's price experiences larger fluctuations and is considered to be riskier than TAGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WEAT | TAGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.00% | 5.52% | +4.48% |
Volatility (6M)Calculated over the trailing 6-month period | 18.05% | 10.12% | +7.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.62% | 12.61% | +10.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.51% | 16.58% | +13.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.80% | 18.04% | +8.76% |
WEAT vs. TAGS - Expense Ratio Comparison
WEAT has a 1.91% expense ratio, which is higher than TAGS's 0.21% expense ratio.
Dividends
WEAT vs. TAGS - Dividend Comparison
Neither WEAT nor TAGS has paid dividends to shareholders.
Frequently Asked Questions
WEAT and TAGS have a correlation of 0.81, 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 TAGS (5.52%). In terms of maximum drawdown, WEAT dropped -84.32% vs TAGS's -76.40%.
On 10-year performance, TAGS leads with -1.74% vs -6.84% for WEAT. On fees, TAGS is cheaper at 0.21% per year. On volatility, TAGS has been the lower-risk option at 5.52%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, TAGS has performed better with a -1.74% return vs -6.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TAGS is cheaper with a 0.21% expense ratio, compared with 1.91% for WEAT.
WEAT and TAGS have nearly identical dividend yields, around 0.00%.
WEAT tracks Teucrium Wheat Fund Benchmark, while TAGS tracks Teucrium TAGS Index. Their fees differ too: 1.91% for WEAT and 0.21% for TAGS.
WEAT currently has the higher Sharpe Ratio (-0.02 vs -0.08), 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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