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Launched · SEC filings

Teucrium Agricultural Strategy No K-1 ETF

TILLNYSE ArcaTeucriumC

$19.02−0.07 (−0.37%)

At close: Nov 2, 2026, 4:00 PM ET

C44/ 100

Rank 5 of 6 in Agriculture Futures

C44/100Rank 5 of 6inAgriculture Futures
Intraday session: down, 78 prints from 19.09 to 19.02. Range 19.01 to 19.11. Use the arrow keys to read each point.19.0419.0610 AM12 PM2 PM4 PM
Expense ratio
0.89%*
Fund size
$47M
1Y total return
+13.5%
Yield · Last 12 months
4.34%
Holdings
6
Avg volume · 30D
53.2K sh
52W range
low $16.45high $21.21
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Apr 30, 2027. Without it: 1.49%.

The ETF.net TILL Grade

Based on 5 of 6 pillars

C

Score 44 out of 100

Category
Agriculture Futures⁠
Rank
5 of 6
Six-pillar profile for TILL. Scores out of 100: Cost 20, Risk 55, Mission not scored, Tradability 47, Holdings 100, Durability 41. Strongest: Holdings (100). Weakest: Cost (20). Based on 5 of 6 pillars.

Score 44 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F20 out of 100
    Rank 5 of 6

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B55 out of 100
    Rank 3 of 6

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C47 out of 100
    Rank 4 of 6

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A100 out of 100
    Rank 1 of 3

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C41 out of 100
    Rank 5 of 6

Our read on TILL

ETF.net Research

In short

CTeucrium's answer to commodity-fund tax paperwork: an actively managed basket of farm futures from the CBOT and ICE, wrapped as a 1940 Act fund that sends a 1099 instead of a Schedule K-1. The name says the quiet part out loud.

Stated mandate

The fund seeks capital appreciation through primarily investing in agricultural commodity futures contracts traded on CBOT or ICE.

Why people hold it

  • The "No K-1" in the name is the pitch. It is a 1940 Act fund, so tax season brings a 1099 rather than the partnership schedule commodity pools mail out.
  • Actively managed instead of bolted to a fixed index: a manager works a book of roughly 30 agricultural futures positions traded on the CBOT and ICE.
  • One ticker covers the farm complex, so there is no choosing between single-crop funds like CORN or CANE.

Worth knowing

  • Costs sit at the pricier end: 0.89% a year against a 0.75% median for agricultural commodity funds, and far above Teucrium's own TAGS at 0.17%.
  • A small fund with moderate trading, which can mean wider bid-ask spreads than the category's largest names.
  • The mandate is capital appreciation from futures, not income. Payouts come once or twice a year at most, and results track the futures curve, not spot crop prices.

TILL Performance

Launched May 16, 2022

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.
TILL$11,350
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. TILL $11,350. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for TILL. Periods over one year show the average yearly return.
PeriodTILL
Year to date+14.5%
1 month−4.3%
3 months+5.9%
1 year+13.5%
3 yearsper year−3.7%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for TILL
YearReturn barTILL
2026 YTD+14.5%
2025−6.0%
2024−14.0%
2023−4.5%
2022−12.7%

History from May 17, 2022

TILL in the news

TILL Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
4.34%Last 12 months
Payout per share
$0.83Last 12 months
Last payment
$0.83 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2022–2026

One bar per payment. 4 payments from 2022 to 2026 YTD. Dec 21, 2022 $0.26; Dec 20, 2023 $11.37; Dec 24, 2024 $0.47; Dec 24, 2025 $0.83. Use the arrow keys to read each point.20222023202420252026YTD
Ex-datePay dateAmount per share
Dec 24, 2025Dec 26, 2025$0.83
Dec 24, 2024Dec 26, 2024$0.47
Dec 20, 2023Dec 22, 2023$11.37
Dec 21, 2022Dec 23, 2022$0.26

$10,000 in TILL 3 years ago paid $3,556 in dividends.

TILL Risk

Risk pillarB55 out of 100Rank 3 of 6 in Agriculture Futures
How much the fund’s monthly returns vary, scaled to a year.
14.3%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.51
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−33.5%
53 months · trough Jan 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.50
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

TILL Cost

Compare TILL and TAGS

Overpaying vs TAGS, cheapest in Agriculture Futures

$13,326

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • TILL 0.89%

    $16,872

  • TAGS 0.17% Cheapest

    $3,546

$10,000
30 years

Cost over time

  • TILL 0.89%
  • TAGS 0.17%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530TILL $16,872TAGS $3,546

Year by year

YearTILLTAGSOverpaying
10$1,576$310$1,266
20$5,953$1,211$4,742
30$16,872$3,546$13,326
How the 0.89% is worked out

Full fee 1.49%− waiver 0.60%= you pay 0.89%

The waiver ends Apr 30, 2027. After that the fee is 1.49% unless Teucrium renews it. Source: prospectus, Apr 2026.

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