Teucrium 2x Daily Wheat ETF (WXET)

The Teucrium 2x Daily Wheat ETF is a leveraged commodity fund from Teucrium Trading that seeks daily investment results equal to twice (2x) the daily performance of a benchmark of wheat futures contracts.

The fund gains its exposure through wheat futures and related instruments rather than holding physical grain, and it rebalances its leverage each trading day. Because the 2x objective is measured over a single day, compounding and the costs of rolling futures contracts mean performance over longer periods can differ substantially from twice the return of wheat prices.

Teucrium, based in Vermont, specializes in agricultural commodity funds, including its long-standing unleveraged wheat, corn and soybean products.