Teucrium 2x Daily Wheat ETF (WXET)

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Teucrium 2x Daily Wheat ETF (WXET) is up 27.8% since the beginning of the year. WXET is currently trading at $19 per share.

Teucrium 2x Daily Wheat ETF (WXET) has returned 27.79% so far this year and -7.52% over the past 12 months.

Based on dividend-adjusted daily data since Dec 13, 2024, WXET's average daily return is -0.02%, while the average monthly return is -0.94%.

Historically, 37% of months were positive and 63% 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 4 consecutive months, and the longest losing streak was 4 months.

On a daily basis, WXET closed higher 46% of trading days. The best single day was May 12, 2026 with a return of +13.8%, while the worst single day was Apr 1, 2026 at -7.9%.

Teucrium 2x Daily Wheat ETF has an annualized alpha of -3.60%, beta of -0.06, 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 -24.89% of its upside - more exposed to losses than it benefited from rallies.
• Beta of -0.06 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.

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

WXET ranks 7 for risk / return — in the bottom 7% 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.

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

Teucrium 2x Daily Wheat ETF provided a 1.97% dividend yield over the last twelve months, with an annual payout of $0.37 per share.

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.

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.

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 33.94%.

The chart below shows the rolling one-month volatility.