CXRN

Teucrium 2x Daily Corn ETF

$19.63

+0.00%

Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The Teucrium 2x Daily Corn ETF (CXRN) seeks to provide daily investment results that correspond to twice (2x) the daily performance of the Teucrium Corn Fund, which tracks the price of corn futures contracts.

Overview

ETF tracking Teucrium 2x Daily Corn ETF

Category Commodities

Issuer Other

Inception Date 2024-12-13

Market Cap N/A

Average Volume N/A

Dividend Yield 2.80%

52-Week Range $16.71 - $31.84

VWAP $20.69

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund uses a combination of financial instruments, such as futures contracts and swaps, to provide leveraged exposure to the corn futures market. It aims to generate returns that are approximately 2 times the daily performance of the underlying corn futures index.

✨ Key Features

Provides 2x leveraged exposure to the corn futures market
Utilizes futures contracts and swaps to achieve its investment objective
Resets daily, so longer-term performance may differ from 2x the index
Designed for short-term, tactical exposure to the corn commodity

⚠️ Primary Risks

Leveraged funds can experience significant losses in a short period of time
Commodity futures markets can be volatile and subject to sharp price swings
Potential for divergence between the fund's performance and 2x the index over longer periods
Counterparty risk associated with the use of derivatives and other financial instruments

👤 Best For

This ETF is designed for experienced, risk-tolerant investors seeking short-term, speculative exposure to the corn futures market. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.