Frequently Asked Questions About WXET

What does WXET invest in?

This Exchange Traded Fund (ETF) aims to primarily achieve its investment objective by strategically gaining exposure to wheat futures contracts. These contracts are exclusively traded on exchanges overseen by the Commodity Futures Trading Commission (CFTC). Additionally, the fund holds liquid assets such as cash, cash equivalents, or high-quality securities, which serve as collateral for its investments in wheat futures. This fund is considered non-diversified.

What is the expense ratio of WXET?

Teucrium 2x Daily Wheat ETF (WXET) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations.

Is WXET a good long-term hold?

WXET is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple, typically with negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.

How does WXET's daily reset work?

WXET rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level, so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.

How big is WXET?

Teucrium 2x Daily Wheat ETF (WXET) manages $5.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is WXET actively managed or an index fund?

WXET's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

WXET

Teucrium 2x Daily Wheat ETF

AMEX·Asset Management, Leveraged · Financial Services

$15.83$0.46−2.79%

After hours·$15.83+0.00%

Market closed·Nov 6 3:59 PM EST

Price Chart

$15.83−$0.46 (−2.79%)today

−30.78%past 5 yearsCAGR −17.88%

Select date range

FromTo

Dec 24, 2024Dec 24, 2024 → Nov 6, 2026· 1.9 yrsNov 6, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)$0.37

Distribution Yield (FWD)2.35%

Annual Distribution (TTM)$0.34

Distribution Yield (TTM)2.15%

Distribution Growth (5Y)—

FrequencyMonthly

Most Recent$0.03

Ex-Dividend DateOct 26

Payment DateOct 27

DiversificationDiversification Tab

Holdings2

Top 10 Weight73.5%

Top 25 Weight73.5%

Effective Holdings1

Sectors1

Largest HoldingS000089252-0 · 76.3%

Largest SectorCash & Others · 100.0%

Asset ClassCommodities

StrategyLeveraged

Cost & RiskExpenses Tab

Expense Ratio0.95%

Cost per 10k Invested$95.00

AUM$5.53M

Avg Daily Volume19.46K

Price$15.83

NAV (Nov 5)$16.28

Premium / Discount+0.06%

52-Week Range$14.52 – $28.83

Beta−0.13

Fund Overview

Cost Verdict

Is WXET's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: Teucrium
Asset Class: Commodities
Strategy: Leveraged
Inception: December 12, 2024
Fund Type: ETF
Domicile: US
Currency: USD
ISIN: US53656G2820
CUSIP: 53656G282
Website: teucrium.com/WXET

Latest News

News Tab

No recent news available.

Frequently Asked Questions About WXET

What does WXET invest in?: This Exchange Traded Fund (ETF) aims to primarily achieve its investment objective by strategically gaining exposure to wheat futures contracts. These contracts are exclusively traded on exchanges overseen by the Commodity Futures Trading Commission (CFTC). Additionally, the fund holds liquid assets such as cash, cash equivalents, or high-quality securities, which serve as collateral for its investments in wheat futures. This fund is considered non-diversified.
What is the expense ratio of WXET?: Teucrium 2x Daily Wheat ETF (WXET) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations.
Is WXET a good long-term hold?: WXET is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple, typically with negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.
How does WXET's daily reset work?: WXET rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level, so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.
How big is WXET?: Teucrium 2x Daily Wheat ETF (WXET) manages $5.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
Is WXET actively managed or an index fund?: WXET's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.