WEAT — Teucrium Wheat Fund

WEAT Price Performance — Growth of $10,000

Value of a $10,000 investment in WEAT over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

WEAT Drawdown

The "underwater" chart: WEAT's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Teucrium Wheat Fund is a commodities ETF issued by Teucrium with $363 million in assets under management. It holds a D grade and ranks 20th out of 22 peers in its category, placing it near the bottom of the group. The fund carries a 1% expense ratio, which is significantly higher than the category median of 0.595%. It generates no dividend income, matching the 0.00% yield seen across the rest of the commodities sector. Holdings data is not available for this specific vehicle.

The fund has upgraded its rating from F to D as of August 26, 2026, reflecting a shift in its assessment. Recent returns show strong momentum, with a 12.76% gain over one month and a 20.63% rise over three months. This short-term acceleration contrasts with a -8.92% loss over the three-year horizon. The one-year return of 29.30% trails the category median of 30.08% slightly. The current price of $26.96 sits at 83.2% of its 52-week range, indicating it is trading near the top of its recent history.

With a beta of 0.82, the fund exhibits less sensitivity to market movements than the broader market. It has experienced a maximum drawdown of -38.16%, highlighting significant downside risk during its history. The annualized volatility of 24.29% is classified as high, suggesting substantial price fluctuations. A Sharpe ratio of 1.00 indicates that the risk-adjusted returns have been favorable relative to the volatility taken. Liquidity is moderate, with an average daily volume of 576,137 shares and a bid-ask spread of 1.55%.

AI-generated summary based on the data on this page.

Market Backdrop

10-Year Treasury Yield: 4.78% (as of 2026-09-04) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 15.30 (as of 2026-09-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

WEAT Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 1.55% and average daily volume is 576K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $363M provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: WEAT is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

WEAT Performance History

How WEAT Compares to Other Commodities ETFs