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Launched · SEC filings

Teucrium Wheat Fund

WEATNYSE ArcaA

$24.28−0.18 (−0.74%)

At close: Oct 13, 2026, 4:00 PM

A74/ 100

Rank 3 of 15 in Commodity Futures

A74/100Rank 3 of 15inCommodity Futures
Intraday session: down, 78 prints from 24.46 to 24.28. Range 24.27 to 24.68. Use the arrow keys to read each point.24.4024.6010 AM12 PM2 PM4 PM
Expense ratio
0.62%
Fund size
$274M
1Y total return
+21.1%
Yield · Last 12 months
—
Holdings
35
Avg volume · 30D
0.6M sh
NAV per share
$24.44
52W range
low $19.78high $28.41
Launched
Filings
SEC EDGAR

The ETF.net WEAT Grade

Based on 4 of 6 pillars

A

Score 74 out of 100

Category
Commodity Futures⁠
Rank
3 of 15
Six-pillar profile for WEAT. Scores out of 100: Cost 93, Risk 33, Mission not scored, Tradability 83, Holdings not scored, Durability 63. Strongest: Cost (93). Weakest: Risk (33). Based on 4 of 6 pillars.

Score 74 of 100 falls in the A 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.
    A93 out of 100
    Rank 2 of 15

  • 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.
    D33 out of 100
    Rank 12 of 15

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A83 out of 100
    Rank 3 of 15

  • 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.
    B63 out of 100
    Rank 5 of 15

Our read on WEAT

ETF.net Research

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.

Stated mandate

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

Why people hold it

  1. 01Costs 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.
  2. 02The 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
  3. 03Wheat 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
  4. 04Among futures-based commodity funds, one of the stronger overall packages on cost and structure.

Worth knowing

  1. 01It 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
  2. 02The 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
  3. 03One 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

As of Oct 13, 2026
Asset class
Other
Holdings
35
Top-10 weight
85%
Largest holding
FGTXX19.8%

Sectors

  • Financials100.0%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001FGTXXGoldman Sachs Financial Square Government Fund 12/31/203119.80%108,723,878$109M5
002—WHEAT FUTURE(CBT) Dec2717.57%2,707$96M1
003—WHEAT FUTURE(CBT) Mar2717.47%2,796$96M1
004—WHEAT FUTURE(CBT) May2714.96%2,373$82M1
005—Us Bank Mmda - Usbgfs 9 09/01/20377.62%41,854,281$42M19
006—Cash & Other2.14%11,746,176$12M672
007—Admacm 09/01/20992.11%11,586,648$12M4
008—Enbridge Inc 10/29/20261.36%7,500,000$7M2
009—TELUS Corp 11/27/20261.36%7,500,000$7M2
010—Jabil Inc 10/14/20260.91%5,000,000$5M3
011—Keurig Dr Pepper Inc 10/19/20260.91%5,000,000$5M1
012—Mondelez International Inc 11/05/20260.91%5,000,000$5M3
013—Bayer Corp 11/10/20260.91%5,000,000$5M1
014—Brookfield Infrastructure Holdings Canada Inc 11/12/20260.91%5,000,000$5M2
015—Emerson Electric Co 11/23/20260.91%5,000,000$5M2

Showing 1–15 of 35 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$12,109
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. WEAT $12,109. SPY $12,044. Use the arrow keys to read each point.$9,438$11,813$14,189Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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+22.5%
1 month−6.8%
3 months+3.1%
1 year+21.1%
3 yearsper year−5.6%
5 yearsper year−7.5%
10 yearsper year−3.6%

As of the close, 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+22.5%
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.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

WEAT Risk

How much the fund’s monthly returns vary, scaled to a year.
21.3%
Annualised · 36 months to Sep 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.
−0.30
vs 3-month T-bills · to Sep 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.

WEAT Cost

Expense ratio0.62%
  • The middle half of Commodity Futures funds
  • Median 0.79%

1 of the 14 Commodity Futures funds charge less.

WEAT costs $62.00 a year on $10,000. The median Commodity Futures fund costs $79.00.

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