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ETFs

Teucrium Wheat Fund

WEAT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 19 2011
Expense Ratio
1.14%
Type
Global Commodities & Metals
Fund Owner
Teucrium
Volume (1m avg. daily)
$5,328,329
AUM
$203,109,998
Associated Index
Teucrium Wheat Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
Cash & Other
63.04%
n/a
JABIL INC DISC COML PAPER 10/13/2023
7.41%
n/a
GENERAL MTRS FINL CO INC 10/03/2023
2.47%
n/a
HARLEY-DAVIDSON FDG CORP 10/04/2023
2.47%
n/a
NATIONAL FUEL GAS CO 10/17/2023
2.47%
n/a
GENERAL MTRS FINL CO INC 10/27/2023
2.46%
n/a
HYUNDAI CAP AMER INC 11/13/2023
2.46%
n/a
V F CORP 12/04/2023
2.45%
n/a
WALGREENS BOOTS ALLIANCE INC 11/30/2023
2.45%
n/a
HARLEY-DAVIDSON FDG CORP 10/03/2023
1.24%
Invest with WEAT

What is WEAT?

The investment objective of the Teucrium Wheat Fund is to have the daily changes in percentage terms of the Shares NAV reflect the daily changes in percentage terms of a weighted average of the closing settlement prices for three futures contracts for wheat ( Wheat Futures Contracts ) that are traded on the Chicago Board of Trade ( CBOT )

ETFs related toWEAT

ETFs correlated to WEAT include CORN, DBA, BCI

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
BCI
abrdn ETF - abrdn Bloomberg All Commodity Strategy K-1 Free ETF
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
CMDT
Pimco Exchange Traded Fund - PIMCO Commodity Strategy Active Exchange-Traded Fund
PDBC
Invesco Capital Management LLC - Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
DBC
DB Commodity Services LLC - Invesco DB Commodity Index Tracking 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 toWEAT

#SPIRAL

Stoic Finance Presents: Inflation Spiral Hedge

Category

Community

Risk Rating

Aggressive

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

Create your own algorithmic trading strategy with WEAT using Composer

FAQ

WEAT is a Global Commodities & Metals ETF. The investment objective of the Teucrium Wheat Fund is to have the daily changes in percentage terms of the Shares NAV reflect the daily changes in percentage terms of a weighted average of the closing settlement prices for three futures contracts for wheat ( Wheat Futures Contracts ) that are traded on the Chicago Board of Trade ( CBOT )

WEAT tracks the Teucrium Wheat Index.

No, WEAT 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, WEAT 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 WEAT is -0.0576%. This is the percent change in the value of WEAT over the most recent 1-month period. The 3-month return on WEAT is -0.1831%. This is the percent change in the value of WEAT over the most recent 3-month period.

The standard deviation of WEAT for the past year is 0.3018%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

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

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

ETFs that are inversely correlated to WEAT include PAAA, KMLM, and TSLR.

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.