Key stats
About Listed Funds Trust Teucrium 2x Daily Corn 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
CXRN is an actively managed ETF aiming for 200% daily leveraged exposure to corn's price through Corn Futures contracts and collateral. Corn is one of the most widely produced gain in the US. The two largest uses for corn are livestock feed and ethanol production. To tap into this demand, the fund uses corn contracts on CFTC-regulated exchanges and avoids physical corn 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 corn price movements, with strategies to manage position limits potentially affecting its objectives. As such, the use of swaps, reverse purchase agreements and corn-linked ETPs. Daily compounding affects returns beyond a single day, posing loss risks despite corn's performance due to volatility and rebalancing effects.
Classification
What's in the fund
Exposure type
Cash
Mutual fund
Bonds, Cash & Other100.00%
Cash84.44%
Mutual fund15.56%
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.
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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.
CXRN trades at 24.30 USD today, its price has fallen −1.58% in the past 24 hours. Track more dynamics on CXRN price chart.
CXRN net asset value is 24.38 today — it's fallen 8.14% 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.
CXRN assets under management is 989.72 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.
CXRN price has fallen by −8.80% over the last month, and its yearly performance shows a −2.35% decrease. See more dynamics on CXRN price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −8.14% over the last month, showed a −19.56% decrease in three-month performance and has decreased by −7.74% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −8.14% over the last month, showed a −19.56% decrease in three-month performance and has decreased by −7.74% in a year.
CXRN fund flows account for 952.63 K 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.
CXRN invests in cash. See more details in our Analysis section.
CXRN 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, CXRN is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, CXRN pays dividends to its holders with the dividend yield of 3.02%.
CXRN trades at a premium (0.33%).
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.
CXRN shares are issued by Teucrium Trading LLC
CXRN 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.