Key stats
About Teucrium Wheat Fund ETV
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Inception date
Sep 19, 2011
Structure
Commodities Pool
Replication method
Synthetic
Dividend treatment
Capitalizes
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
Teucrium Trading LLC
Distributor
Foreside Fund Services LLC
WEAT avoids the front-month contract in its aim to provide exposure to wheat futures. Instead it holds the 2nd to expiration, 3rd to expiration and the subsequent December contracts to mitigate the impact of contango, weighting the contracts 35%, 30% and 35%, respectively. This approach should have some success in contango mitigation but may lag front month at times. The fund's structure means a K-1 at tax time and a blended tax rate.
Classification
What's in the fund
Exposure type
Futures
Cash
Corporate
Bonds, Cash & Other100.00%
Futures45.73%
Cash43.84%
Corporate10.43%
Mutual fund0.00%
Top 10 holdings
WEAT getting ready to test its 200 MA for the 7th time!AMEX:WEAT
WEAT has been in a secular bearish trend for over 15 years. But that has not been without bullish bursts. However something happened to WEAT recently were it successfully broke out thru its 200 DMA in April of last year. In my opinion this signaled the beginning of a change in trend for
WEAT (Wheat): Forming Huge “W” to Culminate in 2032/33? 9.13.24
MA's need to flatten out, like last time before bull run (2019-2020).
Base was built over 13 - 21 months, depending how you measure it. (13 mo from 1st bottom to 3rd bottom)
There was a triple-bottom (or quadruple/quintuple bottom, depending how you look at it), before going from $4.83 to
WEAT | Wheat Will Fly High Soon!Teucrium Wheat seeks to have the daily changes in the Shares' NAV reflect the daily changes of the price of wheat for future delivery, as measured by the Teucrium Wheat Index. The fund seeks to achieve its investment objective by investing in Benchmark Component Futures Contracts. Under normal marke
EU faces pressure to defuse mounting anger as farmers protest aGiven the mounting anger and protests by farmers across Europe, there appears to be a significant challenge stemming from contradictory and potentially detrimental agricultural policies. The grievances include increased costs for agricultural diesel, additional fees for water consumption, complex re
WEAT- Wheat ETF at buy point LONGWEAT the Wheat EFT has been volatile of late due to the Bakc Sea shipping deal
falling apart when Russia refused to renew it. Brazil has been trying to increase
whet exports to pick up from the fall off of Ukrainian shipments to Africa and others.
On the 4H chart, WEAT has fallen 15% from the dou
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.
WEAT trades at 4.52 USD today, its price has fallen −2.38% in the past 24 hours. Track more dynamics on WEAT price chart.
WEAT net asset value is 4.52 today — it's fallen 2.38% 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.
WEAT assets under management is 121.88 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.
WEAT price has fallen by −2.59% over the last month, and its yearly performance shows a −29.70% decrease. See more dynamics on WEAT price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.38% over the last month, showed a −10.14% decrease in three-month performance and has decreased by −29.49% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.38% over the last month, showed a −10.14% decrease in three-month performance and has decreased by −29.49% in a year.
WEAT fund flows account for −2.62 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.
WEAT invests in cash. See more details in our Analysis section.
WEAT expense ratio is 2.80%. 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, WEAT 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, WEAT 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 WEAT shows the sell signal. See more of WEAT technicals for a more comprehensive analysis.
Today, WEAT 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 WEAT shows the sell signal. See more of WEAT technicals for a more comprehensive analysis.
No, WEAT doesn't pay dividends to its holders.
WEAT trades at a premium (0.22%).
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.
WEAT shares are issued by Teucrium Trading LLC
WEAT follows the Teucrium Wheat 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.