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CANE vs DBA

Teucrium Sugar Fund

CANECNYSE Arca

Invesco DB Agriculture Fund

DBACNYSE Arca

Overlap

Expense ratio

CANE −0.36pt a year

CANE0.54%DBA0.90%

Avg volume · 30D

DBA 3.1×the volume

CANE351KDBA1.1M

10Y return · a year

DBA +6.2pt

CANE−1.9%DBA+4.3%

CANE vs DBA Performance

Oct 29, 2021 – Oct 30, 2026

+25.1%CANE+58.0%DBA

Oct 29, 2021 to Oct 30, 2026. CANE +25.1%. DBA +58.0%. Use the arrow keys to read each point.0%40%Oct 2021Apr 2024Oct 2026
Expense ratio
CANE 0.54%, better
DBA 0.90%
Fund size
CANE $59M
DBA $1.13B
1Y total return
CANE +25.3%, better
DBA +5.6%
Yield (12M)
CANE No data
DBA 3.39%
Holdings
CANE 14
DBA 14
Avg volume (30D)
CANE 351K sh
DBA 1.1M sh, better
NAV per share
CANE $11.66
DBA $26.93
52W range

ETF.net Grade

CANE: Cost 72, Risk 34, Mission not scored, Tradability 35, Holdings not scored, Durability 50. DBA: Cost 20, Risk 68, Mission not scored, Tradability 78, Holdings 14, Durability 77.
Pillar letters and Scores for CANE, DBA, with each pillar’s weight
PillarCANEDBA
Cost30% weightA72HigherF20
Mission25% weightNot scoredNot scored
Risk15% weightD34B68Higher
Tradability15% weightD35A78Higher
Holdings10% weightNot scoredF14
Durability5% weightC50A77Higher

Rank among Agriculture Futures funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CANE and DBA are both graded against the same 6 Agriculture Futures funds, so their Grades compare head to head.

Agriculture Futures⁠

Category · 6 funds
See all 6 ›

CANE ranks 2nd and DBA 5th of 6 funds in the Agriculture Futures Category.

  1. Rank 1BPDBAInvesco Agriculture Commodity Strategy No K-1 ETFScore 58
  2. Rank 2CCANETeucrium Sugar FundScore 53
  3. Rank 2CTAGSTeucrium Agricultural FundScore 53
  4. Rank 4CCORNTeucrium Corn FundScore 49
  5. Rank 5CDBAInvesco DB Agriculture FundScore 44
  6. Rank 5CTILLTeucrium Agricultural Strategy No K-1 ETFScore 44

Our read on each fund

ETF.net Research

CANECTeucrium Sugar Fund

DBACInvesco DB Agriculture Fund

In short

CANE Sugar, neat. CANE tracks No. 11 sugar futures through Teucrium's own index, a single-crop position in a peer group mostly built from broad ag baskets, and it has been running since 2011 at 0.54% a year.

DBA One of the original broad agriculture funds, running since 2007: a futures basket tracking the DBIQ Diversified Agriculture index instead of a bet on one crop, wrapped in a commodity pool that sends a K-1.

Stated mandate

CANE The Fund seeks to reflect daily changes in the price of sugar for future delivery through its benchmark, primarily by investing in the benchmark's No. 11 Sugar futures contracts.

DBA The fund seeks to track positive or negative changes in the DBIQ Diversified Agriculture Index Excess Return.

Why people hold it

  • CANE Narrow by design: it aims to reflect daily moves in sugar futures via the Teucrium Sugar Index, primarily No. 11 contracts. No corn or wheat diluting the move.teucrium.com
  • At 0.54% a year, it charges less than the typical fund in its agriculture futures group and less than broad baskets DBA (0.90%) and PDBA (0.75%).
  • Trading since 2011, mid-sized and moderately traded: a seasoned vehicle rather than a thin new launch chasing a theme.
  • DBA Launched in 2007, it is among the longest-running broad agriculture futures funds, and it stays actively traded at multi-billion-dollar size in a corner where many funds are thin.
  • Diversified by design: it tracks an index of agricultural futures rather than a single crop, unlike concentrated peers such as CORN (corn) and CANE (sugar).invesco.com
  • Exposure comes from commodity futures, not farm-sector stocks, so the fund follows crop prices rather than the equity market.invesco.com

Worth knowing

  • CANE One crop, one futures curve. Nothing in the portfolio cushions a rough sugar season, so single-commodity swings land straight in the fund.
  • It is a commodity pool, not a standard fund wrapper, so tax paperwork can look different from a regular ETF. Peer PDBA exists specifically to sidestep K-1s.teucrium.com
  • Not an income holding: it hasn't been paying distributions, and results come from futures price moves alone.
  • DBA The 0.90% expense ratio runs above the group median of 0.75%, and Invesco's own no-K-1 agriculture fund, PDBA, carries 0.75%.
  • It is a commodity pool partnership, so tax time means a Schedule K-1 rather than a 1099.invesco.com
  • The benchmark is an excess-return futures index, not spot crop prices, and any cash payouts come annually or semiannually rather than on a monthly schedule.

Full CANE profile⁠

Full DBA profile⁠

CANE vs DBA Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CANE vs DBA Cost

Overpaying DBA vs CANE

$6,320

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CANE 0.54%

    $10,720

  • DBA 0.90%

    $17,040

$10,000
30 years

Cost over time

  • CANE 0.54%
  • DBA 0.90%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530DBA $17,040CANE $10,720

Year by year

YearCANEDBAOverpaying
10$971$1,593$622
20$3,724$6,015$2,291
30$10,720$17,040$6,320

Expense ratio

  • 0.54%CANE, cheaper
  • 0.90%DBA
  • Middle half of Agriculture Futures funds
  • Median 0.68%

CANE 2nd cheapest of 6 funds

DBA 6th cheapest of 6 funds

CANE vs DBA Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
CANE No data
DBA 3.39%
Payout (12M)
CANE None
DBA $0.91
Last payment
CANE No data
DBA $0.91
Ex-dividend
CANE No data
DBA Dec 22, 2025
Paid on
CANE No data
DBA Dec 26, 2025
Frequency
CANE No data
DBA Annual

Distribution history

Per share, 2017 to 2026, same scale for both

CANEAll CANE payments⁠

No distribution history available.

DBAAnnual · 6 paymentsAll DBA payments⁠
One bar per payment. 6 payments from 2017 to 2026 YTD. Dec 24, 2018 $0.18; Dec 23, 2019 $0.26; Dec 19, 2022 $0.10; Dec 18, 2023 $0.96; Dec 23, 2024 $1.08; Dec 22, 2025 $0.91. Use the arrow keys to read each point.$0$12017202020232026YTD

CANE vs DBA Risk

Fall from peak · 5 years

  • CANE
  • DBA
Oct 29, 2021 to Oct 30, 2026. Worst fall: CANE −41.7% · Feb 2026. Use the arrow keys to read each point.−40%−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
CANE 24.2%DBA 13.1%, better
Return per unit of riskSharpe ratio, 3 years
CANE −0.41DBA 0.54, better
Worst fallMax drawdown, 5 years
CANE −41.7%DBA −15.9%, better
Market sensitivityBeta, 5 years
CANE 0.37DBA 0.33

CANE and DBA in the news

All news⁠

Popular comparisons

  • CANECvsPDBAB

    Teucrium Sugar Fund · Invesco Agriculture Commodity Strategy No K-1 ETF

    Expense ratio
    0.54% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DBACvsPDBAB

    Invesco DB Agriculture Fund · Invesco Agriculture Commodity Strategy No K-1 ETF

    Expense ratio
    0.90% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CANECvsTAGSC

    Teucrium Sugar Fund · Teucrium Agricultural Fund

    Expense ratio
    0.54% · 0.17%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DBACvsTAGSC

    Invesco DB Agriculture Fund · Teucrium Agricultural Fund

    Expense ratio
    0.90% · 0.17%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CANECvsCORNC

    Teucrium Sugar Fund · Teucrium Corn Fund

    Expense ratio
    0.54% · 0.61%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • DBACvsCORNC

    Invesco DB Agriculture Fund · Teucrium Corn Fund

    Expense ratio
    0.90% · 0.61%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.