WEAT vs. XBNB

Last updated Jul 17, 2026

WEAT (Teucrium Wheat Fund) and XBNB (Teucrium xETFs 2x Long Daily BNB ETF) are both exchange-traded funds - WEAT is a Agricultural Commodities fund tracking the Teucrium Wheat Index (TWEAT), while XBNB is a Leveraged Cryptocurrency fund tracking the Binance Coin (BNB). Both are passively managed. At a 0.07 correlation, their price movements are largely independent. WEAT charges 1.91%/yr vs 1.89%/yr for XBNB.

Performance

WEAT vs. XBNB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teucrium Wheat Fund (WEAT) and Teucrium xETFs 2x Long Daily BNB ETF (XBNB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WEAT

• 1D: 0.00%
• 1M: 9.54%
• 6M: 24.17%
• YTD: 24.79%
• 1Y: 11.50%
• 3Y*: -8.47%
• 5Y*: -6.11%
• 10Y*: -4.72%

XBNB

• 1D: -1.47%
• 1M: -12.87%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WEAT vs. XBNB - Yearly Performance Comparison

	2026 (YTD)
WEAT Teucrium Wheat Fund	5.10%
XBNB Teucrium xETFs 2x Long Daily BNB ETF	-22.52%

Correlation

The correlation between WEAT and XBNB is 0.07, 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 (All Time) Calculated using the full available price history since Apr 28, 2026	0.07

Return for Risk

WEAT vs. XBNB — Risk / Return Rank

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

WEAT

WEAT Risk / Return Rank: 20
WEAT Sharpe Ratio Rank: 19
WEAT Sortino Ratio Rank: 21
WEAT Omega Ratio Rank: 19
WEAT Calmar Ratio Rank: 22
WEAT Martin Ratio Rank: 18

XBNB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. XBNB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teucrium Wheat Fund (WEAT) and Teucrium xETFs 2x Long Daily BNB ETF (XBNB). 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	XBNB	Difference
Sharpe ratio: Return per unit of total volatility	0.52	—	—
Sortino ratio: Return per unit of downside risk	0.98	—	—
Omega ratio: Gain probability vs. loss probability	1.11	—	—
Calmar ratio: Return relative to maximum drawdown	0.80	—	—
Martin ratio: Return relative to average drawdown	1.54	—	—

Drawdowns

WEAT vs. XBNB - Drawdown Comparison

The maximum WEAT drawdown since its inception was -84.32%, which is greater than XBNB's maximum drawdown of -40.97%. Use the drawdown chart below to compare losses from any high point for WEAT and XBNB.

Drawdown Indicators

	WEAT	XBNB	Difference
Max Drawdown Largest peak-to-trough decline	-84.32%	-40.97%	-43.35%
Max Drawdown (1Y) Largest decline over 1 year	-14.44%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-46.27%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-67.83%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-67.83%	—	—
Current Drawdown Current decline from peak	-80.34%	-35.63%	-44.71%
Average Drawdown Average peak-to-trough decline	-63.25%	-19.92%	-43.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.47%	—	—

Volatility

Volatility by Period

	WEAT	XBNB	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.16%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.25%	85.86%	-63.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.29%	85.86%	-55.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.80%	85.86%	-59.06%

WEAT vs. XBNB - Expense Ratio Comparison

WEAT has a 1.91% expense ratio, which is higher than XBNB's 1.89% expense ratio.

Dividends

WEAT vs. XBNB - Dividend Comparison

WEAT has not paid dividends to shareholders, while XBNB's dividend yield for the trailing twelve months is around 0.01%.

Position	TTM
WEAT Teucrium Wheat Fund	0.00%
XBNB Teucrium xETFs 2x Long Daily BNB ETF	0.01%

Frequently Asked Questions

Can I hold both WEAT and XBNB in my portfolio?

WEAT and XBNB have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WEAT or XBNB?

On fees, XBNB is cheaper at 1.89% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WEAT or XBNB?

XBNB is cheaper with a 1.89% expense ratio, compared with 1.91% for WEAT.

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

XBNB has the higher dividend yield at 0.01%, compared with 0.00% for WEAT.

What is the main difference between WEAT and XBNB?

WEAT is categorized as Agricultural Commodities, while XBNB is Leveraged Cryptocurrency. WEAT tracks Teucrium Wheat Index (TWEAT), while XBNB tracks Binance Coin (BNB). Their fees differ too: 1.91% for WEAT and 1.89% for XBNB.