WXET
Fund Summary
The Teucrium 2x Daily Wheat ETF (WXET) provides investors an easy way to obtain leveraged (2x) exposure to the price of wheat futures in a brokerage account.
High Conviction Wheat
Wheat is one of the most widely traded agricultural commodities. The supply and demand for wheat is often driven by weather, geopolitics, and market developments, making it an active and dynamic commodity for traders.
Wheat On The Move
- Amplifying Exposure with 2x Leverage: A 2x wheat ETF allows investors to double their exposure to daily price movements in the wheat market.
- With WXET, investors may gain exposure to the wheat market with less capital than would be required to buy the equivalent futures outright.
- If you have a short-term high-conviction view on wheat prices, you may consider exploring the Teucrium 2x Daily Wheat ETF.
Latest WXET News
Animal Spirits: Talk Your Book Podcast
1/31/2023
On today's show, we are joined by Sal Gilbertie, CEO of Teucrium to give us an update on Oil & Gas, how supply chains are looking in 2023, Teucrium’s latest Long/Short fund, potential issues with China, and much more!
A World in Turmoil – More Bellies, Richer Tastes
11/15/2022
Global demand for corn, wheat, and soybeans skyrocketed between 1980 and 2020, growing more than 143%. That is a significant increase, but it is no surprise considering that corn, wheat, and soybeans (referred to simply as grains from here on) are not just food, but key ingredients in many products we consume every day.
Fund Facts
| Ticker | WXET |
| Cusip | 53656G282 |
| Inception | 12/12/2024 |
| Exchange | NYSE Arca |
| Management Fee | 1.49% |
| Acquired Fund Fees | 0.08% |
| Total Annual Expense | 1.57% |
| Expense Waiver | (0.62)% |
| Total Net Expenses | 0.95% |
| Options Available | No |
| Distributions | Monthly |
| Ex-Date/Record Date | 12/24/2024 |
| Payable Date | 12/26/2024 |
| Administrator | U.S. Bank Global Fund Services |
| Distributor | PINE Distributors LLC. |
The Adviser has contractually agreed to waive its Management Fee and/or reimburse Fund expenses, including acquired fund fees and expenses, to limit the Fund’s total annual operating expenses to 0.95% of the Fund’s average daily net assets until at least December 31, 2025.
Daily Facts as of 03/26/2025*
*subject to change
| NAV | $22.24 |
| Closing Price | $22.31 |
| Prem / Discount | 0.29% |
| 30-day Median Bid/Ask Spread | 0.50% |
| Shares Outstanding | 80,000 |
| Total Net Assets | $1,779,280.00 |
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