Key stats
About Listed Funds Trust Teucrium 2x Daily Wheat ETF
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Inception date
Dec 12, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Mutual fund
Bonds, Cash & Other100.00%
Cash84.32%
Mutual fund15.68%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
WXET last dividends amounted to 0.04 USD. The month before, the issuer paid 0.05 USD in dividends, which shows a 12.73% decrease.
WXET assets under management is 846.11 K USD. It's fallen 5.29% over the last month.
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.
Yes, WXET pays dividends to its holders with the dividend yield of 2.76%. The last dividend (Jun 26, 2025) amounted to 0.04 USD. The dividends are paid monthly.
WXET shares are issued by Teucrium Trading LLC under the brand Teucrium. The ETF was launched on Dec 12, 2024, and its management style is Active.
WXET expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
WXET follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
WXET invests in cash.
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.
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 trades at a premium (0.30%) meaning the ETF is trading at a higher price than the calculated NAV.