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 (WEAT) is a commodity-focused ETF issued by Teucrium with $284 million in assets under management. It holds a D grade, ranking 20th out of 22 peers in the Commodities category and 433rd of 458 tracked ETFs overall. The fund’s 1% expense ratio is notably higher than the category median of 0.595%, while it offers no dividend yield compared to the median 2.89%. Holdings breakdown data is not available for this fund.

Price performance shows a divergence between short-term weakness and longer-term gains, with the fund down 10.72% over one month but up 14.15% year-to-date. The 1-year return of 13.02% exceeds the category median of 9.06%, though the 3-year record reflects a -20.31% decline. The current price of $22.83 sits at 35.3% of its 52-week range. The ETFValuer grade has remained unchanged at D across the last 35 tracked days, based on 3.0 years of price history.

With an annualized volatility of 24.86%, the fund is classified as High risk. Its beta of 0.81 indicates slightly lower sensitivity to market movements, while the Sharpe ratio of 0.32 suggests modest risk-adjusted returns. The maximum drawdown of -38.16% highlights significant historical downside potential. Liquidity is supported by an average daily volume of 561,037 shares.

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

Market Backdrop

10-Year Treasury Yield: 4.96% (as of 2026-10-22) — 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): 19.03 (as of 2026-10-22) — 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: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

WEAT Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 561K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $284M 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