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  • ETF
  • WEAT
    Pricing Data
    $8.73
    Change: $0.2 (-0.02%)
    Time: 05/31/16
    Previous Close: $8.93
  • Category
  • Agricultural Commodities
Last Updated:

Profile

Vitals

  • Issuer: Teucrium
  • Structure: Commodity Pool
  • Expense Ratio: 3.46%
  • ETF Home Page: Home page
  • Inception: Sep 19, 2011
  • Tax Form: K-1
  • Tracks This Index: Wheat Futures

Trading Data

Open: - Volume -
Day Lo - Day Hi -
  • 52 Week Lo: $8.49
  • 52 Week Hi: $12.27
  • AUM: $30.1 M
  • Shares: 3.4 M

Investment Themes

Historical Trading Data

  • 1 Month Avg. Volume: 81,686
  • 3 Month Avg. Volume: 65,655

Alternative ETFs in the Agricultural Commodities Category

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Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest
Largest (AUM)
Most Liquid (Volume)
Top YTD Performer

Analyst Report

This ETF offers exposure to wheat futures contracts; when WEAT debuted in 2011, it became the first pure play wheat ETP on the market. Like many exchange-traded commodity products, WEAT should not be expected to deliver exposure to spot wheat prices. Because the underlying index consists of wheat futures contracts, factors such as the slope of the futures curve and the current level of interest rates will impact the performance of WEAT. One distinguishing factor of WEAT--and of all Teucrium agricultural products--is the structure of the underlying holdings. Instead of concentrating holdings in front month futures, WEAT spreads futures contracts across multiple maturities. That is done with the objective of minimizing the impact of contango on bottom line returns. Given the targeted focus of WEAT, this product probably isn't of much use for those building a long-term, buy-and-hold portfolio. This product can, however, be useful for those looking to establish tactical exposure to a specific corner of the commodity market. For investors seeking more broad-based grains exposure (i.e., including soybeans and corn), JJG, GRU, and WEET (all ETNs) might be worth a closer look. For those in the market for broad exposure to agricultural commodities, there are a number of products in the Agricultural Commodities ETFdb Category that might be useful. Finally, the structure of WEAT should be noted. Because this product is structured as a partnership, investors can expect to receive a K-1 at the end of the year detailing their share of profits or losses. Moreover, WEAT will be required to buy and sell the underlying futures contracts, which can result in tracking error and trading commissions (meaning that the expense ratio may not include all the fees investors in this fund will pay). While the administrative duties associated with K-1s are minimal, some investors prefer to achieve exposure to commodities through ETNs, which avoid those obligations.

Realtime Rating

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Realtime Rating Summary

The adjacent table gives investors an individual Realtime Rating for WEAT on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Agricultural Commodities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

Compare to another ETF

View the Category Report

WEAT Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A- DBA
Expenses C TAGS
Performance
Volatility
Dividend
Concentration

Knowledge Centers

WEAT In-Depth Analysis

The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.

WEAT Holdings

Filings Data as of: May 03, 2016
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Concentration Analysis

This section compares how balanced and deep this ETF is relative to the peer group ETFdb Category.

Number of Holdings
Rank:
4
Category Low
Category High
% Assets in Top 10
Rank:
102.39%
Category Low
Category High

WEAT Expenses & Fees

This section compares the cost efficiency of this ETF to peers in the same ETFdb Category.

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Expenses Ratio Analysis

ETF Average
0.579%
ETF Wtd. Average
0.26%
Category Average
1.03%
Expense Ratio
Rank:
3.46%
Category Low
Category High

Commission Free Trading

This ETF is not currently available for commission free trading on any platforms.

Category Commission Free Trading

There are 0 other ETFs in the Agricultural Commodities ETFdb Category that are also eligible for commission free trading:

  • Ticker Brokerages

WEAT Performance

This section shows how this ETF has performed relative to its peer group ETFdb Category.

1 Week Return
Rank:
0.23%
Category Low
Category High
4 Week Return
Rank:
-1.36%
Category Low
Category High
13 Week Return
Rank:
1.99%
Category Low
Category High
26 Week Return
Rank:
-5.31%
Category Low
Category High
Year to Date Return
Rank:
-4.49%
Category Low
Category High
1 Year Return
Rank:
-15.32%
Category Low
Category High
3 Year Return
Rank:
-52.91%
Category Low
Category High
5 Year Return
Rank:
No Ranking Available
Category Low
Category High

Charts

The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.

The following chart also includes the option to compare the performance of WEAT relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

WEAT Valuation

This section shows how the P/E multiple of this ETF compares to the peer group ETFdb Category.

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P/E Ratio
Rank:
No Ranking Available
Category Low
Category High

WEAT Dividend

This section shows how the dividend yield of this ETF compares to the peer group ETFdb Category.

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Dividend
n/a
Dividend Date
n/a
Annual Dividend Rate
n/a
Annual Dividend Yield
Rank:
No Ranking Available
Category Low
Category High

WEAT Technicals

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Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETFdb Category.

5 Day Volatility
Rank:
104.99%
Category Low
Category High
20 Day Volatility
Rank:
21.68%
Category Low
Category High
50 Day Volatility
Rank:
25.77%
Category Low
Category High
200 Day Volatility
Rank:
21.24%
Category Low
Category High
Beta
Rank:
-2.88
Category Low
Category High
Standard Deviation
Rank:
0.75%
Category Low
Category High

Technicals

  • 20 Day MA: $8.77
  • 60 Day MA: $8.90
  • MACD 15 Period: -0.05
  • MACD 100 Period: -0.21
  • Williams % Range 10 Day: 66.67
  • Williams % Range 20 Day: 74.24
  • RSI 10 Day: 45
  • RSI 20 Day: 47
  • RSI 30 Day: 47
  • Ultimate Oscillator: 55

Bollinger Brands

  • Lower Bollinger (10 Day): $8.60
  • Upper Bollinger (10 Day): $8.98
  • Lower Bollinger (20 Day): $8.58
  • Upper Bollinger (20 Day): $8.97
  • Lower Bollinger (30 Day): $8.46
  • Upper Bollinger (30 Day): $9.35

Support & Resistance

  • Support Level 1: $8.65
  • Support Level 2: $8.56
  • Resistance Level 1: $8.87
  • Resistance Level 2: $9.00

Stochastic

  • Stochastic Oscillator %D (1 Day): 45.51
  • Stochastic Oscillator %D (5 Day): 56.46
  • Stochastic Oscillator %K (1 Day): 56.57
  • Stochastic Oscillator %K (5 Day): 55.55

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.