SOYBTeucrium Soybean Fund
SOYB Fund Description
SOYB tracks an index of soybean futures contracts. It includes the second and third contracts to expire, as well as the contract expiring in the November following the third contract.
SOYB Factset Analytics Insight
SOYB is the first ETF option for pure exposure to soybeans. It reflects the performance of soybeans by holding three soybean futures contracts of different expiration dates. This laddered strategy sets SOYB apart from its front-month benchmark, as it can work in its favor should soybeans fall into steep contango. Structured as a commodities pool, SOYB distributes K-1 forms and is marked-to-market yearly. Short-term traders can benefit from 60% of all gains being taxed as long term, regardless of holding period. But on the flip side, long-term holders may find the tax consequences troublesome, since there's no beneficial tax rate for holding over one year.
SOYB Portfolio Data
SOYB Index Data
SOYB Portfolio Management
SOYB Tax Exposures
SOYB Fund Structure
SOYB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SOYB. SOYB is rated a 5 out of 5.
SOYB Sector Breakdown
SOYB Tenor Strategy
SOYB invests in the 2nd (35%) and 3rd (30%) contracts on the one-year forward curve as well as theNovember (35%) contract of the current year. August and September contracts are excluded based on low liquidity
SOYB Rolling Strategy
SOYB rolls contracts four times a year over a series of days.