WEAT

Teucrium Wheat Fund
LAST TRADECHANGE (%)VOLUME
$6.95+0.05 (0.73%)18.74K
10:04:00 a.m. (ET) 03/24/2017
BID SIZEBID ($)ASK ($)ASK SIZE
11,4006.926.9513,600

Overall Rating

F

N/A
as of 03/23/17

Rating Details

47
88
N/A
Segment Average
  • 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 deliveringWEAT struggles to outperform our benchmark 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

09/19/11
Commodities Pool
3.34%
$62.39 M
$1.23 M
0.22%

WEAT Portfolio Data

Futures
Laddered
N/A
1

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

3.34%
-2.98%
-2.52%
-3.50%

WEAT Tax Exposures

27.84% / 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
ASKS1,5006.99
11,5006.98
11,6006.97
12,9006.96
13,6006.95
BIDS11,4006.92
12,9006.91
11,5006.90
1,5006.89
1,6006.88
LAST 10 TRADES
TIMEPRICESHARES
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Bats BZX Real-time Quote - 10:25:59
Average Spread
Premium/Discount
Volume

WEAT FactSet Analytics Block Liquidity

As of 03/23/17
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

168,826
$1.23 M
120,137
$867.5 K
0.22%
$0.02
0.11%
0.62% / -0.67%
None
100.00%
25,000
4.81
0.14%
--
5,486
$6.91
5

WEAT Performance Statistics

0.98
0.91
0.95
0.91
0.00%