WEAT

Teucrium Wheat Fund
F

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

WEAT Fund Description

The Teucrium Wheat Fund tracks an index of wheat futures contracts. It includes the second and third contracts to expire, as well as the contract expiring in the December following the third contract.

WEAT Factset Analytics Insight

WEAT's the only available fund delivering 100% exposure to wheat futures. Unlike our benchmark, the fund avoids the front-month contract, making it a poor Fit for the segment. 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 WEAT struggles to outperform our benchmark. The fund sees modest daily volume, and underlying liquidity is excellent for institutional traders, but retail traders need to be mindful of the wide spreads that can appear. While WEAT is the only game in town for pure exposure to wheat futures, a massive expense ratio sets a high threshold for performance. The fund has not attracted a large asset base, but it continues to attract enough investors to ward-off closure.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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WEAT Top 10 Contracts

WEAT Summary Data

Teucrium
09/19/11
Commodities Pool
2.54%
$63.29M
$922.69K
0.23%

WEAT Portfolio Data

Futures
Laddered
N/A
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WEAT Index Data

Teucrium Wheat Index
Single Asset
Single Asset
S&P GSCI Wheat

Related ETFs to WEAT

N/A
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

WEAT Portfolio Management

2.54%
-2.98%
-2.52%
-3.5%

WEAT Tax Exposures

27.84%
--
Yes

WEAT Fund Structure

Commodities Pool
No
N/A
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
12:59:516.125
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Bats BZX Real-time Quote - 13:25:20
Daily Spread
Premium/Discount
Volume

WEAT Factset Analytics Block Liquidity

As of 11/22/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of WEAT. WEAT is rated a 5 out of 5.

WEAT Tradability

140,036
$922.69K
122,301
$793.24K
0.23%
$0.01
0.00%
0.74% / -0.82%
None
100%
25,000
4.89
0.16%
--
7,648
$6.2
5

WEAT Sector Breakdown

WEATSegment Benchmark
100.00% 100.00%
0.00% 0.00%
0.00% 0.00%
0.00% 0.00%
0.00% 0.00%

WEAT Tenor Strategy

WEAT invests in the 2nd (35%) and 3rd (30%) contracts on the one-year forward curve as well as the December (35%) contract of the current year.

WEAT Performance Statistics

0.98
0.91
0.95
0.91
0%

WEAT Rolling Strategy

WEAT rolls contracts four times a year over a series of days.