WEAT vs. WEAT.L
Compare and contrast key facts about Teucrium Wheat Fund (WEAT) and WisdomTree Wheat (WEAT.L).
WEAT and WEAT.L 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. WEAT.L is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg Wheat. It was launched on Sep 22, 2006. Both WEAT and WEAT.L 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 WEAT.L.
Key characteristics
| WEAT | WEAT.L | |
|---|---|---|
| YTD Return | -19.60% | -21.04% |
| 1Y Return | -15.49% | -15.05% |
| 3Y Return (Ann) | -15.69% | -20.14% |
| 5Y Return (Ann) | -2.11% | -5.69% |
| 10Y Return (Ann) | -8.83% | -8.75% |
| Sharpe Ratio | -0.71 | -0.50 |
| Sortino Ratio | -0.93 | -0.56 |
| Omega Ratio | 0.90 | 0.94 |
| Calmar Ratio | -0.20 | -0.15 |
| Martin Ratio | -1.14 | -0.84 |
| Ulcer Index | 14.56% | 16.48% |
| Daily Std Dev | 23.59% | 28.03% |
| Max Drawdown | -81.34% | -93.61% |
| Current Drawdown | -81.07% | -93.56% |
Correlation
The correlation between WEAT and WEAT.L is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WEAT vs. WEAT.L - Performance Comparison
In the year-to-date period, WEAT achieves a -19.60% return, which is significantly higher than WEAT.L's -21.04% return. Both investments have delivered pretty close results over the past 10 years, with WEAT having a -8.83% annualized return and WEAT.L not far ahead at -8.75%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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WEAT vs. WEAT.L - Expense Ratio Comparison
WEAT has a 1.91% expense ratio, which is higher than WEAT.L's 0.49% expense ratio.
Risk-Adjusted Performance
WEAT vs. WEAT.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Teucrium Wheat Fund (WEAT) and WisdomTree Wheat (WEAT.L). 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. WEAT.L - Dividend Comparison
Neither WEAT nor WEAT.L has paid dividends to shareholders.
Drawdowns
WEAT vs. WEAT.L - Drawdown Comparison
The maximum WEAT drawdown since its inception was -81.34%, smaller than the maximum WEAT.L drawdown of -93.61%. Use the drawdown chart below to compare losses from any high point for WEAT and WEAT.L. For additional features, visit the drawdowns tool.
Volatility
WEAT vs. WEAT.L - Volatility Comparison
The current volatility for Teucrium Wheat Fund (WEAT) is 4.96%, while WisdomTree Wheat (WEAT.L) has a volatility of 5.77%. This indicates that WEAT experiences smaller price fluctuations and is considered to be less risky than WEAT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.