Teucrium 2x Daily Wheat ETF
BThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$20.34−0.18 (−0.88%)
- 0.95%
- $6M
- +37.5%
- 1.66%
- 0M sh
- $20.45
- low $14.52high $28.83
The ETF.net WXET Grade
B
Score 57 out of 100
- 15 of 99
Score 57 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.B65 out of 100Rank 30 of 99Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B58 out of 100Rank 39 of 96Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C47 out of 100Rank 57 of 99Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C40 out of 100Rank 64 of 99
Our read on WXET
BWheat, doubled. WXET aims for twice the daily move of wheat futures inside a regular brokerage account: no futures broker, no K-1 at tax time. A daily-reset trading tool from the shop that built its name on grains.
The fund seeks, before fees and expenses, to deliver twice the daily price performance of wheat. It is designed for short-term trading and does not seek to meet its objective over periods longer than one day.
Why people hold it
- Leverage pointed at a farm commodity, not another tech index. The fund seeks twice the daily price move of wheat futures, a market driven by weather, harvests and geopolitics.teucrium.com
- A 0.95% expense ratio comes in under the median for leveraged funds, and the exposure arrives in an ordinary brokerage account with no futures account to open.teucrium.com
- Built as a 1940 Act fund, so tax season brings a Form 1099 instead of the Schedule K-1 that Teucrium's commodity-pool funds such as WEAT and CORN generate.teucrium.com
- Teucrium has focused on agricultural commodities since 2010; WXET and a corn twin, launched together in December 2024, were its first leveraged funds.prweb.com
Worth knowing
- A one-day instrument by design. The leverage resets daily, so results over longer stretches can drift well away from 2x the wheat move, especially in choppy markets.teucrium.com
- Small and thinly traded next to the big leveraged equity funds, so spreads and order size deserve attention before you hit the button.
- Young fund, live since December 2024, so there is limited history showing how it behaves across a full grain cycle.
WXET Holdings
- Other
- 3
- 100%
- WHEAT FUTURE(CBT) Dec26
WXET Performance
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.Not enough history yet.
WXET$13,747
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.
| Period | WXET |
|---|---|
| Year to date | +41.7% |
| 1 month | −14.4% |
| 3 months | +2.4% |
| 1 year | +37.5% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
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 | WXET |
|---|---|---|
| 2026 YTD | +41.7% | |
| 2025 | −35.9% | |
| 2024 | +2.7% |
WXET in the news
WXET Dividends
- 1.66%
- $0.34
- $0.04 per share
- Monthly
Distribution history
WXET Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 46.3%
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.
- 0.01
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.
- −45.6%
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.
- −0.13
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
WXET Cost
0.95%
WXET0.95%
- The middle half of Leveraged Long (2x & Other) funds
- Median 1.00%
29 of the 95 Leveraged Long (2x & Other) funds charge less.
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