WXETTeucrium 2x Daily Wheat ETF
Seeks daily investment results that correspond to 2x the daily price performance of wheat.
By Teucrium · Launched 2024
0.95%
#4,882 of 5,861 · expensive
$7M
#5,050 of 5,861 · small
+11.1%
1 year
#3,917 of 5,861 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
CommodityStrategy
Leveraged
What it actually holds
By weightConcentration
synthetic exposure — holdings shown are derivatives collateral, not the fund's positions
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks daily investment results that correspond to 2x the daily price performance of wheat.
- Strategy
- Actively manages exposure to Wheat Futures Contracts to achieve 2x daily returns on wheat prices. Invests primarily in futures and collateral investments, rebalancing daily to maintain target exposure.
- Inception date
- December 12, 2024
- Fund family
- Teucrium
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Your return drifts the longer you hold
Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.
Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-08-04