Teucrium 2x Daily Wheat ETF
$22.84−0.57 (−2.44%)
- Expense ratio
- 0.95%
- Fund size
- $6M
- 1Y return
- +49.1%
- Yield · Last 12 months
- 1.44%
- Holdings
- 3
- Volume · 30D
- 0M sh
- NAV per share
- $24.07
- 52W range
The ETF.net WXET Grade
Score 55 of 100 sits in the B 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.BScore 65Category 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.BScore 57Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 40Category 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.CScore 41Category rank
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.
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 | WXET |
|---|---|
| Year to date | +61.3% |
| 1 month | +4.1% |
| 3 months | +29.4% |
| 1 year | +49.1% |
| 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 | +61.3% | |
| 2025 | −35.9% | |
| 2024 | +2.7% |
WXET in the news
ETF.net Research hasn’t filed on WXET yet — coverage lands here as it’s written.
WXET Dividends
- 1.44%
- $0.34
- $0.03 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 25, 2026 | Aug 26, 2026 | $0.03 |
| Jul 27, 2026 | Jul 28, 2026 | $0.04 |
| Jun 25, 2026 | Jun 26, 2026 | $0.03 |
| May 27, 2026 | May 28, 2026 | $0.03 |
| Apr 27, 2026 | Apr 28, 2026 | $0.02 |
| Mar 25, 2026 | Mar 26, 2026 | $0.02 |
| Feb 25, 2026 | Feb 26, 2026 | $0.02 |
| Jan 26, 2026 | Jan 27, 2026 | $0.02 |
| Dec 24, 2025 | Dec 26, 2025 | $0.03 |
| Nov 25, 2025 | Nov 26, 2025 | $0.03 |
| Oct 27, 2025 | Oct 28, 2025 | $0.03 |
| Sep 25, 2025 | Sep 26, 2025 | $0.04 |
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.
- 43.1%
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.
- 0.36
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
- The middle half of Leveraged Long (2x & Other) funds
- Median 0.99%
29 of the 93 Leveraged Long (2x & Other) funds charge less.