Key stats
About Teucrium Soybean Fund ETV
Home page
Inception date
Sep 19, 2011
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Capitalizes
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Teucrium Trading LLC
Distributor
Foreside Fund Services LLC
SOYB is the first ETF option for pure exposure to soybeans. The fund allocates exposure to three soybean futures contracts: holding 35% exposure to the second month to expire, 30% to the third month, and 35% to the November contracts. The fund avoids August and September contracts. This laddered strategy sets SOYB apart from its front-month benchmark, as it can work in its favor should soybeans fall into steep contango. Structured as a commodities pool, SOYB distributes K-1 forms and is marked-to-market yearly. Short-term traders can benefit from 60% of all gains being taxed as long term, regardless of holding period. But on the flip side, long-term holders may find the tax consequences troublesome since there's no beneficial tax rate for holding over one year.
Classification
What's in the fund
Exposure type
Futures
Cash
Corporate
Bonds, Cash & Other100.00%
Futures66.85%
Cash18.05%
Corporate15.10%
Mutual fund0.00%
Top 10 holdings
Soybeans will take off with inflationI see a sharp ramp up in commodities after Powell's presser on Friday when the inflation metrics come out and he sends a Dovish message (not hawkish enough). The dollar will end up turning back up this summer so I see this upward trend momentarily until after the FED goes in with CBDC's and then com
SOYB- the soybean ETF moves on buying pressure LONGOn the 4H Chart, SOYB has moved above both tthe near and intermediate term POC lines
of the respective volume profiles. Upward price volatility above the running mean
on the relative volatility indicator. In confluence pric emoved above the mean basis
band of the double Bollinger band. Fundamen
Accumulating more of SOYBAs a consumer of TOFU (made from soybeans) for years, I am well aware of its health benefits and been an advocate of buying its ETF, futures for some years now.
What is exciting for 2021 is this chart here ! It has broke out of its long term bearish trend in Aug 2020. Well, while the price seems t
What is this Monstrosity!You know what is! Another Bullish Move
Reasoning
Whole Industry is moving!
Flat or XYZ Consolidation seems done
Correction is not overextended
Double bottom with second low undercutting the first
Several weeks of consolidation, seems like a huge move coming
Divergence on Composite W
SOYB , LONG Trying some commodities plays going forward.
SOYB is one I took in the early aftermarket .. looks worth a shot to me . It's the second wedge drop/ wedge pop setup after the lockout, first was march 22 (note the WD that occurred) .
Entry here in AM at - 10.37
Stop - 26.99
De risk 28.07
Chart Legend
SOYB 2012 chart pattern being repeated.2012 chart pattern being repeated for the SOYB fund. Estimated 4-month holding period before another correction takes place. Taking a long position on the head of a potential head and shoulders pattern. The regression is 0.04 less (0.958 vs 0.914) than 2012 so made an adjustment to the estimated hol
Soybeans ripped! Approaching monthly resistanceTook profits on my SOYB position for some nice gains considering a lot of downside in the equities market.
On a monthly time frame, SOYB is approaching resistance zone so I took profits and will be watching to see how price reacts here.
I'm expecting retracement / consolidation here before conti
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SOYB trades at 21.62 USD today, its price has fallen −0.73% in the past 24 hours. Track more dynamics on SOYB price chart.
SOYB net asset value is 21.65 today — it's risen 0.56% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SOYB assets under management is 25.65 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
and its yearly performance shows a −15.08% decrease. See more dynamics on SOYB price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.37% increase in three-month performance and has decreased by −15.00% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 0.37% increase in three-month performance and has decreased by −15.00% in a year.
SOYB fund flows account for −1.05 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SOYB invests in cash. See more details in our Analysis section.
SOYB expense ratio is 2.73%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SOYB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SOYB technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SOYB shows the sell signal. See more of SOYB technicals for a more comprehensive analysis.
Today, SOYB technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SOYB shows the sell signal. See more of SOYB technicals for a more comprehensive analysis.
No, SOYB doesn't pay dividends to its holders.
SOYB trades at a premium (0.14%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SOYB shares are issued by Teucrium Trading LLC
SOYB follows the Teucrium Soybean Fund Benchmark. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 19, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.