WHTX

2x Wheat ETF

$10.23

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The WHTX ETF seeks to provide investment results that, before fees and expenses, correspond to two times (2x) the daily performance of the price of wheat futures contracts.

Overview

ETF tracking 2x Wheat ETF

Category Commodities

Issuer Other

Inception Date 2024-12-05

Market Cap N/A

Average Volume N/A

Dividend Yield 3.94%

52-Week Range $9.21 - $18.11

VWAP $10.51

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The WHTX ETF seeks to provide investment results that, before fees and expenses, correspond to two times (2x) the daily performance of the price of wheat futures contracts.

🎯 Investment Strategy

The fund uses a combination of financial instruments, such as futures contracts and swaps, to gain leveraged exposure to the wheat futures market. It aims to amplify the returns of the underlying wheat futures by a factor of 2.

✨ Key Features

Provides 2x leveraged exposure to wheat futures contracts
Designed for short-term trading and speculative purposes
High volatility and risk due to the leveraged nature of the fund
Limited assets under management and potentially low liquidity

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for large and rapid losses if the underlying wheat futures decline
Lack of diversification as the fund is focused solely on the wheat commodity
Potential for tracking error and deviation from the 2x target performance

👤 Best For

This ETF is best suited for experienced, risk-tolerant investors with a short-term investment horizon who are looking to speculate on the price movements of wheat futures. It is not recommended for long-term buy-and-hold investors or those with a low risk tolerance.