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
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
Futures
Cash
Corporate
Bonds, Cash & Other100.00%
Futures45.73%
Cash43.84%
Corporate10.43%
Mutual fund0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
WEAT assets under management is 121.36 M USD. It's risen 2.33% over the last month.
WEAT fund flows account for 268.00 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.
No, WEAT doesn't pay dividends to its holders.
WEAT shares are issued by Teucrium Trading LLC under the brand Teucrium. The ETF was launched on Sep 19, 2011, and its management style is Passive.
WEAT expense ratio is 2.80% meaning you'd have to pay 2.80% of your investment to help manage the fund.
WEAT follows the Teucrium Wheat Fund Benchmark. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
WEAT invests in cash.
WEAT price has fallen by −1.10% over the last month, and its yearly performance shows a −28.86% decrease. See more dynamics on WEAT price chart.
NAV returns, another gauge of an ETF dynamics, showed a −7.36% decrease in three-month performance and has decreased by −29.33% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −7.36% decrease in three-month performance and has decreased by −29.33% in a year.
WEAT trades at a premium (0.44%) meaning the ETF is trading at a higher price than the calculated NAV.