WXET

📎 Investment Objective

The Teucrium 2x Daily Wheat ETF (WXET) seeks to provide daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Teucrium Wheat Fund.

✨ Key Features

• Provides 2x daily leveraged exposure to the wheat commodity market
• Utilizes futures contracts and swaps to achieve its investment objective
• Designed for short-term trading and not intended for long-term buy-and-hold investors
• Has a high expense ratio and significant risks due to the leveraged nature of the fund

⚠️ Primary Risks

• Significant volatility and risk of loss due to the leveraged nature of the fund
• Potential for large and rapid losses if the underlying wheat market moves against the fund's position
• Risks associated with the use of derivatives, such as futures contracts and swaps
• Lack of a long-term performance history, as the fund is relatively new

👤 Best For

This ETF is designed for experienced, sophisticated investors who have a high risk tolerance and are seeking short-term, leveraged exposure to the wheat commodity market. It is not suitable for long-term, buy-and-hold investors or those with a low risk tolerance.