Teucrium 2x Daily Wheat ETF (WXET)Trading--Leveraged Commodities | Exchange Traded Fund | NYSEArca
20.61 USD
+0.31
(1.527%)
⇧
(Oct. 14, 2026, 3:44 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 4:15 a.m. EDT
This instrument is a high-risk leveraged play on agricultural commodities, not a traditional investment vehicle. The recent price action shows a distinct downtrend, trading significantly below its 50-day moving average, which suggests immediate selling pressure. While the 1.64% dividend yield provides a small cushion, it is insufficient to offset the drag from the leveraged structure and the recent price decline. The options data reveals a stark divergence: traders are positioning for a binary outcome years out—either a historic boom or a crash—while ignoring the near-to-intermediate term. Given the lack of multi-year price history to confirm a sustainable trend and the inherent risks of daily rebalancing leverage, the security is best viewed as a tactical trade rather than a core holding. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.090198 |
| AutoARIMA | 0.092638 |
| AutoETS | 0.094332 |
| AutoTheta | 0.099522 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 45% |
| H-stat | 1.21 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.453 |
| Excess Kurtosis | -0.72 |
As of Oct. 10, 2026, 4:15 a.m. EDT: Speculator positioning is heavily skewed toward long-dated calls (OTM), with significant open interest at strikes 33 and 34 expiring in May 2027, suggesting a speculative bet on a massive commodity super-cycle. Conversely, put activity is concentrated in deep out-of-the-money strikes (33-34) expiring February 2027, indicating a hedge against a catastrophic collapse in wheat prices. Near-term options (Oct 2026) show negligible volume and open interest, reflecting a lack of immediate directional conviction.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.17% | 1.82% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-25 | 0.039 | 0.173179 |
| 2026-08-25 | 0.033 | 0.144864 |
| 2026-07-27 | 0.036 | 0.170535 |
| 2026-06-25 | 0.026 | 0.146141 |
| 2026-05-27 | 0.033 | 0.166751 |
| 2026-04-27 | 0.025 | 0.120913 |
| 2026-03-25 | 0.017 | 0.087179 |
| 2026-02-25 | 0.018 | 0.101067 |
| 2026-01-26 | 0.016 | 0.102433 |
| 2025-12-24 | 0.035 | 0.224072 |
| 2025-11-25 | 0.033 | 0.198975 |
| 2025-10-27 | 0.031 | 0.184086 |
| 2025-09-25 | 0.036 | 0.212703 |
| 2025-08-26 | 0.041 | 0.237131 |
| 2025-07-25 | 0.043 | 0.223261 |
| 2025-06-25 | 0.042 | 0.213198 |
| 2025-05-28 | 0.048 | 0.241753 |
| 2025-04-25 | 0.072 | 0.339783 |
| 2025-03-25 | 0.048 | 0.215198 |
| 2025-02-25 | 0.059 | 0.220445 |
| 2025-01-27 | 0.038 | 0.161085 |
| 2024-12-24 | 0.032 | 0.139946 |
| Attribute | Value |
|---|---|
| All Time High | 28.83 |
| All Time Low | 14.52 |
| Ask | 0.0 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 20,200 |
| Average Daily Volume3 Month | 21,166 |
| Average Volume | 21,166 |
| Average Volume10Days | 20,200 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 100 |
| Category | Trading--Leveraged Commodities |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 20.61 |
| Day Low | 20.03 |
| Dividend Yield | 1.64 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 22.77248 |
| Fifty Day Average Change | -2.1674805 |
| Fifty Day Average Change Percent | -0.09517982 |
| Fifty Two Week Change Percent | 31.486881 |
| Fifty Two Week High | 28.83 |
| Fifty Two Week High Change | -8.225 |
| Fifty Two Week High Change Percent | -0.2852931 |
| Fifty Two Week Low | 14.52 |
| Fifty Two Week Low Change | 6.084999 |
| Fifty Two Week Low Change Percent | 0.41907707 |
| Fifty Two Week Range | 14.52 - 28.83 |
| First Trade Date Milliseconds | 1,735,050,600,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.52000046 |
| Fullday Change Percent | -2.5341153 |
| Fullday Price | 20.605 |
| Fund Family | Teucrium |
| Fund Inception Date | 1,733,961,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is ETF that seeks to achieve its investment objective primarily through managed exposure to wheat futures contracts that trade only on an exchange registered with the Commodity Futures Trading Commission, and cash, cash-like instruments or high-quality securities that serve as collateral to the fund’s investments in Wheat Futures Contracts. The fund is non-diversified. |
| Long Name | Teucrium 2x Daily Wheat ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1899899146 |
| Nav Price | 20.3427 |
| Net Assets | 6,019,658.0 |
| Net Expense Ratio | 0.95 |
| Open | 20.04 |
| Previous Close | 20.295 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.309999 |
| Regular Market Change Percent | 1.52747 |
| Regular Market Day High | 20.61 |
| Regular Market Day Low | 20.03 |
| Regular Market Day Range | 20.03 - 20.61 |
| Regular Market Open | 20.04 |
| Regular Market Previous Close | 20.295 |
| Regular Market Price | 20.605 |
| Regular Market Time | 1,792,007,042 |
| Regular Market Volume | 9,227 |
| Short Name | Teucrium 2x Daily Wheat ETF |
| Source Interval | 15 |
| Symbol | WXET |
| Total Assets | 6,019,658 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 22.11551 |
| Trailing Three Month Returns | 22.11551 |
| Triggerable | 1 |
| Two Hundred Day Average | 19.71177 |
| Two Hundred Day Average Change | 0.89323044 |
| Two Hundred Day Average Change Percent | 0.045314576 |
| Type Disp | ETF |
| Volume | 9,227 |
| Yield | 0.0164 |
| Ytd Return | 42.77434 |