WEATTeucrium Wheat Fund
WEAT Fund Description
WEAT 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 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.
WEAT Portfolio Data
WEAT Index Data
WEAT Portfolio Management
WEAT Tax Exposures
WEAT Fund Structure
WEAT Factset Analytics Block Liquidity
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 Sector Breakdown
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 Rolling Strategy
WEAT rolls contracts four times a year over a series of days.