Teucrium Launches Agriculture Futures ETF

Teucrium Launches Agriculture Futures ETF

The new fund does not issue K-1 forms and provides exposure to four key agricultural commodities.

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Reviewed by: Heather Bell
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Edited by: Heather Bell

Today, Teucrium rolled out its first new product in roughly a decade. The Teucrium Agricultural Strategy No K-1 ETF (TILL) offers futures-based exposure to corn, wheat, soybeans and sugar without the burden of K-1 forms.  

The fund lists on the NYSE Arca and comes with a total expense ratio of 1.49%.  

“A diversified portfolio is more important than ever, as inflation, geopolitical instability and other market forces impact public markets,” said Teucrium Managing Director and Senior Portfolio Strategist Jake Hanley.  

TILL is actively managed, but its commodity exposure is split roughly evenly among the four agricultural futures it covers, with rebalancing usually occurring on a quarterly schedule. 

Teucrium already offers the $38 million Teucrium Agricultural Fund (TAGS), which offers similar exposure by holding other Teucrium futures-based funds covering the same four agricultural markets as those covered by TILL. TAGS comes with an expense ratio of just 0.13%; however, the four other Teucrium ETFs that it holds each has individual expense ratios upward of 1.90%.  

TAGS also has requires a K-1 form, which can be inconvenient when filing taxes. The fund is up roughly 29% year to date.  

 

Contact Heather Bell at [email protected] 

Heather Bell is a former managing editor of etf.com. She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a graduate of Dartmouth college and resides in the Denver area with her two dogs.