WEAT vs. VOOG

Last updated Jun 4, 2026

WEAT (Teucrium Wheat Fund) and VOOG (Vanguard S&P 500 Growth ETF) are both exchange-traded funds - WEAT is a Agricultural Commodities fund tracking the Teucrium Wheat Fund Benchmark, while VOOG is a S&P 500 fund tracking the S&P 500 Growth Index. Both are passively managed. Over the past 10 years, WEAT returned -6.84%/yr vs 18.15%/yr for VOOG. At a 0.03 correlation, their price movements are largely independent. WEAT charges 1.91%/yr vs 0.07%/yr for VOOG.

Performance

WEAT vs. VOOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium Wheat Fund (WEAT) and Vanguard S&P 500 Growth ETF (VOOG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with WEAT having a 13.52% return and VOOG slightly higher at 13.78%. Over the past 10 years, WEAT has underperformed VOOG with an annualized return of -6.84%, while VOOG has yielded a comparatively higher 18.15% 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%

VOOG

• 1D: -0.93%
• 1M: 7.44%
• YTD: 13.78%
• 6M: 13.58%
• 1Y: 34.04%
• 3Y*: 28.13%
• 5Y*: 16.03%
• 10Y*: 18.15%

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

WEAT vs. VOOG - 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%
VOOG Vanguard S&P 500 Growth ETF	13.78%	22.11%	35.89%	29.96%	-29.48%	31.95%	33.35%	30.93%	-0.21%	27.19%

Correlation

The correlation between WEAT and VOOG is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.16
Correlation (3Y) Calculated over the trailing 3-year period	-0.02
Correlation (5Y) Calculated over the trailing 5-year period	-0.01
Correlation (10Y) Calculated over the trailing 10-year period	0.01
Correlation (All Time) Calculated using the full available price history since Sep 20, 2011	0.03

The correlation between WEAT and VOOG shifts across timeframes, from -0.16 (1 year) to 0.03 (all time), reflecting how their relationship changes across market environments.

Return for Risk

WEAT vs. VOOG — Risk / Return Rank

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

WEAT

WEAT Risk / Return Rank: 8
WEAT Sharpe Ratio Rank: 9
WEAT Sortino Ratio Rank: 8
WEAT Omega Ratio Rank: 8
WEAT Calmar Ratio Rank: 8
WEAT Martin Ratio Rank: 8

VOOG

VOOG Risk / Return Rank: 58
VOOG Sharpe Ratio Rank: 63
VOOG Sortino Ratio Rank: 61
VOOG Omega Ratio Rank: 59
VOOG Calmar Ratio Rank: 50
VOOG Martin Ratio Rank: 58

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. VOOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium Wheat Fund (WEAT) and Vanguard S&P 500 Growth ETF (VOOG). 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	VOOG	Difference
Sharpe ratio: Return per unit of total volatility	-0.02	2.16	-2.17
Sortino ratio: Return per unit of downside risk	0.15	2.91	-2.76
Omega ratio: Gain probability vs. loss probability	1.02	1.37	-0.35
Calmar ratio: Return relative to maximum drawdown	-0.02	2.49	-2.51
Martin ratio: Return relative to average drawdown	-0.03	10.32	-10.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WEAT vs. VOOG - Sharpe Ratio Comparison

The current WEAT Sharpe Ratio is -0.02, which is lower than the VOOG Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of WEAT and VOOG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WEAT	VOOG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.02	2.16	-2.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.26	0.76	-1.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.26	0.88	-1.13
Sharpe Ratio (All Time) Calculated using the full available price history	-0.41	0.91	-1.32

Drawdowns

WEAT vs. VOOG - Drawdown Comparison

The maximum WEAT drawdown since its inception was -84.32%, which is greater than VOOG's maximum drawdown of -32.73%. Use the drawdown chart below to compare losses from any high point for WEAT and VOOG.

Drawdown Indicators

	WEAT	VOOG	Difference
Max Drawdown Largest peak-to-trough decline	-84.32%	-32.73%	-51.59%
Max Drawdown (1Y) Largest decline over 1 year	-17.85%	-13.71%	-4.14%
Max Drawdown (3Y) Largest decline over 3 years	-46.27%	-22.18%	-24.09%
Max Drawdown (5Y) Largest decline over 5 years	-67.83%	-32.73%	-35.10%
Max Drawdown (10Y) Largest decline over 10 years	-67.83%	-32.73%	-35.10%
Current Drawdown Current decline from peak	-82.12%	-1.08%	-81.04%
Average Drawdown Average peak-to-trough decline	-63.12%	-4.97%	-58.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.29%	3.31%	+7.98%

Volatility

WEAT vs. VOOG - Volatility Comparison

Teucrium Wheat Fund (WEAT) has a higher volatility of 10.00% compared to Vanguard S&P 500 Growth ETF (VOOG) at 4.32%. This indicates that WEAT's price experiences larger fluctuations and is considered to be riskier than VOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WEAT	VOOG	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.00%	4.32%	+5.68%
Volatility (6M) Calculated over the trailing 6-month period	18.05%	12.41%	+5.64%
Volatility (1Y) Calculated over the trailing 1-year period	22.62%	15.85%	+6.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.51%	21.19%	+9.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.80%	20.73%	+6.07%

WEAT vs. VOOG - Expense Ratio Comparison

WEAT has a 1.91% expense ratio, which is higher than VOOG's 0.07% expense ratio.

Dividends

WEAT vs. VOOG - Dividend Comparison

WEAT has not paid dividends to shareholders, while VOOG's dividend yield for the trailing twelve months is around 0.44%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VOOG Vanguard S&P 500 Growth ETF	0.44%	0.49%	0.49%	1.12%	0.93%	0.53%	0.88%	1.26%	1.34%	1.32%	1.47%	1.56%
WEAT Teucrium Wheat Fund	0.00%	0.00%	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 VOOG in my portfolio?

WEAT and VOOG have a correlation of -0.16, 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 VOOG?

WEAT has higher volatility (10.00%) compared to VOOG (4.32%). In terms of maximum drawdown, WEAT dropped -84.32% vs VOOG's -32.73%.

Which ETF is better, WEAT or VOOG?

On 10-year performance, VOOG leads with 18.15% vs -6.84% for WEAT. On fees, VOOG is cheaper at 0.07% per year. On volatility, VOOG has been the lower-risk option at 4.32%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WEAT or VOOG?

Over the 10-year period, VOOG has performed better with a 18.15% return vs -6.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WEAT or VOOG?

VOOG is cheaper with a 0.07% expense ratio, compared with 1.91% for WEAT.

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

VOOG has the higher dividend yield at 0.44%, compared with 0.00% for WEAT.

What is the main difference between WEAT and VOOG?

WEAT is categorized as Agricultural Commodities, while VOOG is S&P 500. WEAT tracks Teucrium Wheat Fund Benchmark, while VOOG tracks S&P 500 Growth Index. They also come from different issuers: Teucrium and Vanguard. Their fees differ too: 1.91% for WEAT and 0.07% for VOOG.

Which has better risk-adjusted returns?

VOOG currently has the higher Sharpe Ratio (2.16 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.