WEAT vs KMLM

Comparison between Teucrium Wheat Fund (WEAT, ETF) and KRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF (KMLM, ETF).

5-Year PerformanceKMLM has outperformed WEAT, delivering a return of +4.1% compared to -8.1%

WEAT vs KMLM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	WEAT(ETF)	KMLM(ETF)
Net Assets	$326M	$327M
Expense Ratio	1.00%	0.90%
Max Drawdown	84.32%	36.50%
Sharpe Ratio	-0.13	0.77
5Y Beta	-0.05	0.02

Net Assets

WEAT

$326M

Winner

KMLM

$327M

Expense Ratio

WEAT

1.00%

Winner

KMLM

0.90%

Max Drawdown

WEAT

84.32%

Winner

KMLM

36.50%

Sharpe Ratio

WEAT

-0.13

Winner

KMLM

0.77

5Y Beta

Winner

WEAT

-0.05

KMLM

0.02

WEAT vs KMLM - Historical Returns

Returns include dividend reinvestment.

Period	WEAT	KMLM
1 month	-12.36%	-6.83%
3 months	-2.53%	+0.21%
6 months	+8.82%	+9.64%
1 year	-0.49%	+12.07%
5 years(CAGR)	-8.05%	+4.06%
10 years(CAGR)	-6.98%	N/A
Max(CAGR)	-10.93%	+6.73%

WEAT

-12.36%

Winner

KMLM

-6.83%

WEAT

-2.53%

Winner

KMLM

+0.21%

WEAT

+8.82%

Winner

KMLM

+9.64%

WEAT

-0.49%

Winner

KMLM

+12.07%

5Y(CAGR)

WEAT

-8.05%

Winner

KMLM

+4.06%

10Y(CAGR)

WEAT

-6.98%

KMLM

N/A

Max(CAGR)

WEAT

-10.93%

Winner

KMLM

+6.73%

WEAT vs KMLM - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	WEAT	KMLM
2026	+11.70%	+7.70%
2025	-16.44%	-3.67%
2024	-17.04%	-1.15%
2023	-24.05%	-6.25%
2022	+9.77%	+29.44%
2021	+19.77%	+7.37%
2020	+5.63%	+5.40%
2019	-2.17%	N/A
2018	-2.47%	N/A
2017	-12.54%	N/A
2016	-23.13%	N/A
2015	-27.11%	N/A
2014	-13.30%	N/A
2013	-28.50%	N/A
2012	-5.08%	N/A
2011	-8.83%	N/A

WEAT vs KMLM Drawdown Comparison

The maximum drawdown for WEAT was -84.32%, occurring on Dec 17, 2025. This drawdown has not yet recovered.

The maximum drawdown for KMLM was -27.61%, occurring on Jun 20, 2025. This drawdown has not yet recovered.

The current WEAT drawdown is -82.38%. The current KMLM drawdown is -15.73%.

Rank	WEAT	KMLM
#1	-84.32% Sep 14, 2012 - Dec 17, 2025	-27.61% Oct 14, 2022 - Jun 20, 2025
#2	-25.21% Sep 20, 2011 - Jul 18, 2012	-14.93% Jun 13, 2022 - Sep 26, 2022
#3	-6.14% Aug 9, 2012 - Aug 21, 2012	-9.11% May 12, 2021 - Feb 4, 2022
#4	-5.20% Aug 21, 2012 - Sep 14, 2012	-6.19% Mar 8, 2022 - Mar 24, 2022
#5	-4.62% Jul 18, 2012 - Aug 9, 2012	-6.02% Sep 27, 2022 - Oct 10, 2022
#6	N/A	-5.93% Feb 24, 2021 - Apr 26, 2021
#7	N/A	-4.58% Apr 18, 2022 - May 4, 2022
#8	N/A	-3.99% Mar 25, 2022 - Apr 8, 2022
#9	N/A	-3.60% May 6, 2022 - May 17, 2022
#10	N/A	-3.57% May 17, 2022 - Jun 6, 2022
#11	N/A	-3.46% Jan 5, 2021 - Jan 14, 2021
#12	N/A	-2.85% Feb 24, 2022 - Mar 2, 2022
#13	N/A	-2.05% Jan 14, 2021 - Feb 8, 2021
#14	N/A	-1.72% Feb 14, 2022 - Feb 23, 2022
#15	N/A	-1.50% Dec 23, 2020 - Dec 29, 2020