WXET vs. TAGS
WXET (Teucrium 2x Daily Wheat ETF) and TAGS (Teucrium Agricultural Fund) are both exchange-traded funds — WXET is a Leveraged Commodities fund actively managed by Teucrium, while TAGS is a Agricultural Commodities fund tracking the Teucrium TAGS Index. WXET is actively managed, while TAGS is passively managed. Over the past year, WXET returned -12.17% vs -5.04% for TAGS. A 0.74 correlation means they provide meaningful diversification when combined. WXET charges 0.95%/yr vs 0.21%/yr for TAGS.
Performance
WXET vs. TAGS - Performance Comparison
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Returns By Period
In the year-to-date period, WXET achieves a 32.18% return, which is significantly higher than TAGS's 5.28% return.
WXET
- 1D
- 2.83%
- 1M
- 2.19%
- YTD
- 32.18%
- 6M
- 26.37%
- 1Y
- -12.17%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TAGS
- 1D
- 0.21%
- 1M
- -1.19%
- YTD
- 5.28%
- 6M
- 4.92%
- 1Y
- -5.04%
- 3Y*
- -8.74%
- 5Y*
- 0.40%
- 10Y*
- -0.49%
WXET vs. TAGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WXET Teucrium 2x Daily Wheat ETF | 32.18% | -37.99% | -0.40% |
TAGS Teucrium Agricultural Fund | 5.28% | -8.76% | -0.49% |
Correlation
The correlation between WXET and TAGS is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 2024 | 0.74 |
The correlation between WXET and TAGS has been stable across timeframes, ranging from 0.74 to 0.74 — a consistent structural relationship.
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Return for Risk
WXET vs. TAGS — Risk / Return Rank
WXET
TAGS
WXET vs. TAGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Teucrium 2x Daily Wheat ETF (WXET) 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.
| WXET | TAGS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.27 | -0.45 | +0.18 |
Sortino ratioReturn per unit of downside risk | -0.10 | -0.57 | +0.47 |
Omega ratioGain probability vs. loss probability | 0.99 | 0.94 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | -0.34 | -0.50 | +0.16 |
Martin ratioReturn relative to average drawdown | -0.52 | -0.82 | +0.30 |
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
| WXET | TAGS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.27 | -0.45 | +0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.02 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.03 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.31 | -0.23 | -0.08 |
Drawdowns
WXET vs. TAGS - Drawdown Comparison
The maximum WXET drawdown since its inception was -48.31%, smaller than the maximum TAGS drawdown of -76.40%. Use the drawdown chart below to compare losses from any high point for WXET and TAGS.
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Drawdown Indicators
| WXET | TAGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.31% | -76.40% | +28.09% |
Max Drawdown (1Y)Largest decline over 1 year | -35.64% | -11.15% | -24.49% |
Max Drawdown (5Y)Largest decline over 5 years | — | -37.60% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.30% | — |
Current DrawdownCurrent decline from peak | -31.67% | -63.97% | +32.30% |
Average DrawdownAverage peak-to-trough decline | -30.87% | -57.18% | +26.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.25% | 6.81% | +16.44% |
Volatility
WXET vs. TAGS - Volatility Comparison
Teucrium 2x Daily Wheat ETF (WXET) has a higher volatility of 15.43% compared to Teucrium Agricultural Fund (TAGS) at 4.18%. This indicates that WXET'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
| WXET | TAGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.43% | 4.18% | +11.25% |
Volatility (6M)Calculated over the trailing 6-month period | 33.88% | 8.76% | +25.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.34% | 11.39% | +33.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.43% | 16.90% | +28.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.43% | 18.25% | +27.18% |
WXET vs. TAGS - Expense Ratio Comparison
WXET has a 0.95% expense ratio, which is higher than TAGS's 0.21% expense ratio.
Dividends
WXET vs. TAGS - Dividend Comparison
WXET's dividend yield for the trailing twelve months is around 2.22%, while TAGS has not paid dividends to shareholders.
| TTM | 2025 | 2024 | |
|---|---|---|---|
WXET Teucrium 2x Daily Wheat ETF | 2.22% | 3.57% | 0.13% |
TAGS Teucrium Agricultural Fund | 0.00% | 0.00% | 0.00% |