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Launched · SEC filings

Teucrium Wheat Fund

WEATNYSE ArcaTeucriumB

$22.28+0.08 (+0.36%)

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

B65/ 100

Rank 2 of 14 in Commodity Futures

B65/100Rank 2 of 14inCommodity Futures
Intraday session: up, 79 prints from 22.20 to 22.28. Range 22.22 to 22.36. Use the arrow keys to read each point.22.2322.2522.3022.3222.3510 AM12 PM2 PM4 PM
Expense ratio
0.62%
Fund size
$234M
1Y total return
+4.7%
Yield · Last 12 months
No data
Holdings
31
Avg volume · 30D
538K sh
52W range
low $19.78high $28.41
Launched
Filings
SEC EDGAR

The ETF.net WEAT Grade

Based on 4 of 6 pillars

B

Score 65 out of 100

Category
Commodity Futures⁠
Rank
2 of 14
Six-pillar profile for WEAT. Scores out of 100: Cost 76, Risk 26, Mission not scored, Tradability 84, Holdings not scored, Durability 61. Strongest: Tradability (84). Weakest: Risk (26). Based on 4 of 6 pillars.

Score 65 of 100 falls in the B 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.
    A76 out of 100
    Rank 4 of 14

  • 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.
    D26 out of 100
    Rank 14 of 14

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A84 out of 100
    Rank 2 of 14

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B61 out of 100
    Rank 5 of 14

Our read on WEAT

ETF.net Research

In short

BWheat, straight up. Since 2011 this Teucrium fund has given brokerage-account investors pure-play exposure to CBOT wheat futures, laddered across three contract months rather than piled into the front month.

Stated mandate

The fund seeks cost-effective price exposure to the wheat market through futures for future delivery.

Why people hold it

  • Costs 0.62% a year, under the typical fee for futures-based commodity funds. Cheap matters most when the thing you own throws off no income.
  • The benchmark splits across three CBOT contracts: 35% second-to-expire, 30% third-to-expire, 35% the following December. Roll risk gets spread down the curve, not stacked on one month.teucrium.com
  • Wheat exposure without a futures account: no margin posting, no roll management, no contract expiries on your calendar. Buy it like a stock, sell it like a stock.teucrium.com
  • Among futures-based commodity funds, one of the stronger overall packages on cost and structure.

Worth knowing

  • It is a commodity pool taxed as a partnership, so shareholders get a Schedule K-1 with Section 1256 treatment (60% long-term, 40% short-term), not a 1099.teucrium.com
  • The fund tracks wheat futures, not the spot price. When the curve slopes against you, returns can drift from the wheat headlines you read.teucrium.com
  • One crop, one market, and weather sets the price. Swings here run hot compared with diversified commodity baskets, and the fund is built for price exposure, not income.

WEAT Holdings

Asset class
Other
Holdings
31
Top-10 weight
84%
Largest holding
FGTXX20.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1FGTXXGoldman Sachs Financial Square Government Fund 12/31/203120.03%93,929,083$93.9M5
2No dataWHEAT FUTURE(CBT) Dec2717.55%2,507$82.3M1
3No dataWHEAT FUTURE(CBT) Mar2717.46%2,654$81.9M4
4No dataWHEAT FUTURE(CBT) May2714.99%2,253$70.3M1
5No dataCash & Other3.39%15,896,883$15.9M609
6No dataUs Bank Mmda - Usbgfs 9 09/01/20372.64%12,363,977$12.4M20
7No dataAdmacm 09/01/20992.47%11,586,648$11.6M4
8No dataGlencore Funding LLC 12/21/20262.12%10,000,000$9.94M2
9No dataAmerican Electric Power Co Inc 11/13/20261.60%7,500,000$7.49M3
10No dataEnbridge US Inc 11/24/20261.60%7,500,000$7.48M2
11No dataTELUS Corp 11/27/20261.59%7,500,000$7.48M2
12No dataMondelez International Inc 11/05/20261.07%5,000,000$5M3
13No dataBayer Corp 11/10/20261.07%5,000,000$5M1
14No dataBrookfield Infrastructure Holdings Canada Inc 11/12/20261.07%5,000,000$4.99M2
15No dataEmerson Electric Co 11/23/20261.06%5,000,000$4.99M2

Showing 1–15 of 31 holdings

WEAT Performance

Launched Sep 19, 2011

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

WEAT$10,472
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. WEAT $10,472. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000$13,000Oct 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 WEAT. Periods over one year show the average yearly return.
PeriodWEAT
Year to date+11.2%
1 month−9.6%
3 months−6.8%
1 year+4.7%
3 yearsper year−7.8%
5 yearsper year−10.0%
10 yearsper year−4.9%

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 WEAT
YearReturn barWEAT
2026 YTD+11.2%
2025−17.1%
2024−19.3%
2023−25.2%
2022+8.0%
2021+19.4%
2020+5.8%

WEAT in the news

WEAT Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

WEAT Risk

Risk pillarD26 out of 100Rank 14 of 14 in Commodity Futures
How much the fund’s monthly returns vary, scaled to a year.
22.0%
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.
−0.46
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.
−67.8%
Trough Dec 2025
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.
0.68
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.

WEAT Cost

Compare WEAT and USG

Overpaying vs USG, cheapest in Commodity Futures

$3,138

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

  • WEAT 0.62%

    $12,179

  • USG 0.45% Cheapest

    $9,041

$10,000
30 years

Cost over time

  • WEAT 0.62%
  • USG 0.45%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530WEAT $12,179USG $9,041

Year by year

YearWEATUSGOverpaying
10$1,111$812$299
20$4,246$3,128$1,118
30$12,179$9,041$3,138

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