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Teucrium 2x Daily Wheat ETF (WXET)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

CUSIP
53656G282
Issuer
Teucrium
Inception Date
Dec 12, 2024
Region
Global (Broad)
Leveraged
2x
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Commodity
Assets Under Management
$6M

Share Price Chart


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Teucrium 2x Daily Wheat ETF

Often compared with WXET:
WXET vs. XXRPMore WXET alternatives

Performance

WXET Performance Chart

Teucrium 2x Daily Wheat ETF (WXET) is up 32.2% since the beginning of the year. WXET is currently trading at $19 per share.


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S&P 500 Index

Returns By Period

Teucrium 2x Daily Wheat ETF (WXET) has returned 32.18% so far this year and -12.17% over the past 12 months.


Teucrium 2x Daily Wheat ETF

1D
2.83%
1M
2.19%
YTD
32.18%
6M
26.37%
1Y
-12.17%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
0.26%
1M
4.84%
YTD
2.86%
6M
6.22%
1Y
33.47%
3Y*
19.26%
5Y*
10.96%
10Y*
12.89%
*Multi-year figures are annualized to reflect compound growth (CAGR)

WXET Monthly Returns History

Based on dividend-adjusted daily data since Dec 13, 2024, WXET's average daily return is -0.02%, while the average monthly return is -0.87%.

Historically, 35% of months were positive and 65% were negative. The best month was Feb 2026 with a return of +16.0%, while the worst month was Dec 2025 at -11.5%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 4 months.

On a daily basis, WXET closed higher 47% of trading days. The best single day was Mar 6, 2026 with a return of +11.4%, while the worst single day was Apr 1, 2026 at -7.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202612.93%15.97%8.81%-7.25%32.18%
20253.04%-6.47%-6.53%-7.55%0.77%-4.44%-4.92%-4.22%-9.43%10.34%-4.06%-11.45%-37.99%
2024-0.40%-0.40%

Benchmark Metrics

Teucrium 2x Daily Wheat ETF has an annualized alpha of -5.19%, beta of 0.01, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since December 16, 2024.

  • This ETF participated in 65.28% of S&P 500 Index downside but only -23.22% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.01 may look defensive, but with R² of 0.00 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.00 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-5.19%
Beta
0.01
0.00
Upside Capture
-23.22%
Downside Capture
65.28%

Expense Ratio

WXET has a high expense ratio of 0.95%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

WXET ranks 4 for risk / return — in the bottom 4% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


WXET Risk / Return Rank: 44
Overall Rank
WXET Sharpe Ratio Rank: 44
Sharpe Ratio Rank
WXET Sortino Ratio Rank: 44
Sortino Ratio Rank
WXET Omega Ratio Rank: 55
Omega Ratio Rank
WXET Calmar Ratio Rank: 33
Calmar Ratio Rank
WXET Martin Ratio Rank: 44
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Teucrium 2x Daily Wheat ETF (WXET) and compare them to a chosen benchmark (S&P 500 Index).


WXETBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.27

2.59

-2.86

Sortino ratio

Return per unit of downside risk

-0.10

3.60

-3.69

Omega ratio

Gain probability vs. loss probability

0.99

1.48

-0.50

Calmar ratio

Return relative to maximum drawdown

-0.34

3.33

-3.67

Martin ratio

Return relative to average drawdown

-0.52

15.04

-15.56

Explore WXET risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Teucrium 2x Daily Wheat ETF provided a 2.22% dividend yield over the last twelve months, with an annual payout of $0.43 per share.


0.00%1.00%2.00%3.00%4.00%$0.00$0.10$0.20$0.30$0.40$0.5020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$0.43$0.52$0.03

Dividend yield

2.22%3.57%0.13%

Monthly Dividends

The table displays the monthly dividend distributions for Teucrium 2x Daily Wheat ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.02$0.02$0.02$0.00$0.05
2025$0.04$0.06$0.05$0.07$0.05$0.04$0.04$0.04$0.04$0.03$0.03$0.03$0.52
2024$0.03$0.03

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Teucrium 2x Daily Wheat ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Teucrium 2x Daily Wheat ETF was 48.31%, occurring on Dec 31, 2025. The portfolio has not yet recovered.

The current Teucrium 2x Daily Wheat ETF drawdown is 31.67%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-48.31%Feb 19, 2025219Dec 31, 2025
-8.34%Jan 22, 20254Jan 27, 20252Jan 29, 20256
-8.33%Dec 16, 202413Jan 3, 202510Jan 21, 202523
-4.64%Feb 7, 20254Feb 12, 20252Feb 14, 20256
-2.06%Jan 31, 20251Jan 31, 20251Feb 3, 20252

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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