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Teucrium AiLA Long-Short Agriculture Strategy ETF

OAIA
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 09 2022
Expense Ratio
1.49%
Type
Global Commodities & Metals
Fund Owner
Teucrium
Volume (1m avg. daily)
$29,314
AUM
$8,700,300
Associated Index
AiLA-S033 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

n/a
Cash & Other
100.00%
n/a
Derivatives offset
-26.26%
Invest with OAIA

What is OAIA?

The Teucrium AiLA Long-Short Agriculture Strategy ETF delivers access to an agriculturally focused quantitative strategy that has the potential to achieve positive returns regardless of market direction. The Fund seeks to track the total return performance, before fees and expenses, of the Index, and is designed to track the performance of a portfolio of agricultural commodities futures contracts designed to provide absolute returns through the implementation of a long/short trading strategy used to seek to achieve market neutral exposure to the global agriculture market.

ETFs related toOAIA

ETFs correlated to OAIA include WEAT, CORN, DBA

OAIA
Listed Funds Trust - Teucrium AiLA Long-Short Agriculture Strategy ETF
WEAT
Teucrium Trading, LLC - Teucrium Wheat Fund
CORN
Teucrium Trading, LLC - Teucrium Corn Fund
DBA
Invesco DB Multi-Sector Commodity Trust - Invesco DB Agriculture Fund
CMDT
Pimco Exchange Traded Fund - PIMCO Commodity Strategy Active Exchange-Traded Fund
FTGC
First Trust Exchange-Traded Fund III - First Trust Global Tactical Commodity Strategy Fund
DJP
Barclays Bank PLC - iPath Bloomberg Commodity Total Return ETN
BCD
abrdn ETF - abrdn Bloomberg All Comm Longer Dt Strategy K-1 Free ETF
BCI
abrdn ETF - abrdn Bloomberg All Commodity Strategy K-1 Free ETF
USCI
United States Commodity Funds LLC - United States Commodity Index Fund
COMT
BlackRock Institutional Trust Company N.A. - iShares GSCI Commodity Dynamic Roll Strategy ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toOAIA

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with OAIA using Composer

FAQ

OAIA is a Global Commodities & Metals ETF. The Teucrium AiLA Long-Short Agriculture Strategy ETF delivers access to an agriculturally focused quantitative strategy that has the potential to achieve positive returns regardless of market direction. The Fund seeks to track the total return performance, before fees and expenses, of the Index, and is designed to track the performance of a portfolio of agricultural commodities futures contracts designed to provide absolute returns through the implementation of a long/short trading strategy used to seek to achieve market neutral exposure to the global agriculture market.

OAIA tracks the AiLA-S033 Index.

No, OAIA is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, OAIA is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on OAIA is -0.0109%. This is the percent change in the value of OAIA over the most recent 1-month period. The 3-month return on OAIA is -0.0129%. This is the percent change in the value of OAIA over the most recent 3-month period.

ETFs similar to OAIA include TAGS, TILL, and PDBA.

ETFs correlated to OAIA include WEAT, CORN, and DBA.

ETFs that are inversely correlated to OAIA include KMLM, CONY, and PAAA.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.