WXETTeucrium 2x Daily Wheat ETF
Seeks daily investment results of 200% of the daily price performance of wheat.
By Teucrium · Launched 2024
0.95%
#4,684 of 5,562 · expensive
$8M
#4,847 of 5,562 · small
-4.5%
1 year
#4,011 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundAsset class
CommodityStrategy
Leveraged
What it actually holds
By weightConcentration
Top 2 holdings = 62.9% of fundconcentrated
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
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks daily investment results of 200% of the daily price performance of wheat.
- Strategy
- Invests primarily in wheat futures contracts and collateral investments to achieve 2x daily exposure to wheat prices. The Fund is actively managed and may also use other investments like swap agreements and Wheat-Linked ETPs.
- Inception date
- December 12, 2024
- Fund family
- Teucrium
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Leveraged ETF — not a long-term hold
This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.
Source: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Why we flagged this: strategy=leveraged + leveraged_name_or_strategy
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 2026-06-19