Listed Funds Trust Teucrium 2x Daily Wheat ETFListed Funds Trust Teucrium 2x Daily Wheat ETFListed Funds Trust Teucrium 2x Daily Wheat ETF

Listed Funds Trust Teucrium 2x Daily Wheat ETF

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Key stats


Assets under management (AUM)
‪846.11 K‬USD
Fund flows (1Y)
‪1.12 M‬USD
Dividend yield (indicated)
2.76%
Discount/Premium to NAV
1.9%
Shares outstanding
‪40.00 K‬
Expense ratio
0.95%

About Listed Funds Trust Teucrium 2x Daily Wheat ETF


Issuer
Teucrium Trading LLC
Brand
Teucrium
Home page
Inception date
Dec 12, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Synthetic
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Teucrium Investment Advisors LLC
Distributor
Pine Distributors LLC
WXET is an actively managed ETF aiming for 200% daily leveraged exposure to the price of wheat through Worn Futures contracts and collateral. Wheat is a staple commodity used around the globe and is the principal food grain produced in the US. To gain exposure, the fund uses wheat contracts on CFTC-regulated exchanges and avoids physical wheat delivery, potentially profiting from daily price increases. A Cayman Islands subsidiary is used for tax efficiency, limiting direct commodity futures exposure due to regulatory constraints. With a RIC tax status, it issues Form 1099 for simpler tax reporting. The Fund adjusts daily to align with wheat price movements, with strategies to manage position limits potentially affecting its objectives. As such, the use of swaps, reverse purchase agreements or wheat-linked ETPs may be considered. Daily compounding affects returns beyond a single day, posing loss risks despite wheat's performance due to volatility and rebalancing effects.

Broaden your horizons with more funds linked to WXET via country, focus, and more.

Classification


Asset Class
Commodities
Category
Agriculture
Focus
Wheat
Niche
Front month
Strategy
Vanilla
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Mutual fund
Bonds, Cash & Other100.00%
Cash84.32%
Mutual fund15.68%
Top 10 holdings
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.

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.
WXET trades at 20.08 USD today, its price has fallen −0.60% in the past 24 hours. Track more dynamics on WXET price chart.
WXET net asset value is 20.02 today — it's fallen 7.88% 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.
WXET assets under management is ‪846.11 K‬ 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.
WXET price has risen by 3.28% over the last month, and its yearly performance shows a −17.78% decrease. See more dynamics on WXET price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −7.88% over the last month, showed a −6.98% decrease in three-month performance and has decreased by −16.60% in a year.
WXET fund flows account for ‪1.12 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.
WXET invests in cash. See more details in our Analysis section.
WXET expense ratio is 0.95%. 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.
Yes, WXET is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, WXET pays dividends to its holders with the dividend yield of 2.76%.
WXET trades at a premium (0.30%).
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.
WXET shares are issued by Teucrium Trading LLC
WXET follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 12, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.