WEAT vs. UNG
Compare and contrast key facts about Teucrium Wheat Fund (WEAT) and United States Natural Gas Fund LP (UNG).
WEAT and UNG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WEAT is a passively managed fund by Teucrium that tracks the performance of the Teucrium Wheat Fund Benchmark. It was launched on Sep 19, 2011. UNG is a passively managed fund by Concierge Technologies that tracks the performance of the Front Month Natural Gas. It was launched on Apr 18, 2007. Both WEAT and UNG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WEAT or UNG.
Key characteristics
| WEAT | UNG | |
|---|---|---|
| YTD Return | -19.60% | -35.16% |
| 1Y Return | -15.49% | -49.89% |
| 3Y Return (Ann) | -15.69% | -42.02% |
| 5Y Return (Ann) | -2.11% | -31.07% |
| 10Y Return (Ann) | -8.83% | -28.21% |
| Sharpe Ratio | -0.71 | -0.86 |
| Sortino Ratio | -0.93 | -1.23 |
| Omega Ratio | 0.90 | 0.87 |
| Calmar Ratio | -0.20 | -0.49 |
| Martin Ratio | -1.14 | -1.23 |
| Ulcer Index | 14.56% | 39.83% |
| Daily Std Dev | 23.59% | 57.29% |
| Max Drawdown | -81.34% | -99.85% |
| Current Drawdown | -81.07% | -99.84% |
Correlation
The correlation between WEAT and UNG is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
WEAT vs. UNG - Performance Comparison
In the year-to-date period, WEAT achieves a -19.60% return, which is significantly higher than UNG's -35.16% return. Over the past 10 years, WEAT has outperformed UNG with an annualized return of -8.83%, while UNG has yielded a comparatively lower -28.21% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
WEAT vs. UNG - Expense Ratio Comparison
WEAT has a 1.91% expense ratio, which is higher than UNG's 1.28% expense ratio.
Risk-Adjusted Performance
WEAT vs. UNG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Teucrium Wheat Fund (WEAT) and United States Natural Gas Fund LP (UNG). 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.
Dividends
WEAT vs. UNG - Dividend Comparison
Neither WEAT nor UNG has paid dividends to shareholders.
Drawdowns
WEAT vs. UNG - Drawdown Comparison
The maximum WEAT drawdown since its inception was -81.34%, smaller than the maximum UNG drawdown of -99.85%. Use the drawdown chart below to compare losses from any high point for WEAT and UNG. For additional features, visit the drawdowns tool.
Volatility
WEAT vs. UNG - Volatility Comparison
The current volatility for Teucrium Wheat Fund (WEAT) is 4.96%, while United States Natural Gas Fund LP (UNG) has a volatility of 18.30%. This indicates that WEAT experiences smaller price fluctuations and is considered to be less risky than UNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.