Teucrium Wheat Fund
$25.68−0.32 (−1.21%)
- Expense ratio
- 0.62%
- Fund size
- $313M
- 1Y return
- +26.2%
- Yield · Last 12 months
- —
- Holdings
- 32
- Volume · 30D
- 0.6M sh
- NAV per share
- $26.31
- 52W range
The ETF.net WEAT Grade
Score 74 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 93Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 32Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 83Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 63Category rank
Our read on WEAT
AWheat, 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.
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
- Other
- 32
- 87%
- WHEAT FUTURE(CBT) Dec27
Sectors
- Financials100.0%
WEAT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
WEAT$12,617
Returns run to the Sep 22, 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.
| Period | WEAT |
|---|---|
| Year to date | +30.1% |
| 1 month | +2.3% |
| 3 months | +14.2% |
| 1 year | +26.2% |
| 3 years | −3.6% |
| 5 years | −5.7% |
| 10 years | −3.3% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | WEAT |
|---|---|---|
| 2026 YTD | +30.1% | |
| 2025 | −17.1% | |
| 2024 | −19.3% | |
| 2023 | −25.2% | |
| 2022 | +8.0% | |
| 2021 | +19.4% | |
| 2020 | +5.8% |
WEAT in the news
WEAT Dividends
No distributions in the last 12 months.
WEAT Risk
- 20.6%
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.
- −0.24
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.
- −67.8%
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.
- 0.68
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
WEAT Cost
0.62%
WEAT0.62%
- The middle half of Commodity Futures funds
- Median 0.79%
1 of the 13 Commodity Futures funds charge less.