{
 "ticker": "WXET",
 "name": "Teucrium 2x Daily Wheat ETF",
 "issuer": "Teucrium",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/WXET",
 "html": "https://etfiq.com/funds/WXET",
 "markdown": "https://etfiq.com/funds/WXET.md",
 "as_of": "2026-09-11",
 "verdict": "WXET aims to return +2 times Wheat's move each day, then resets. Over one day it does that.",
 "key_facts": [
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$7m",
   "source": "source, as filed for Jun 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "WXET, net assets: $7m (source, as filed for Jun 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.95%",
   "source": "485BPOS XBRL, Apr 29, 2026",
   "as_of": "2026-09-11",
   "sentence": "WXET, expense ratio: 0.95% (485BPOS XBRL, Apr 29, 2026)."
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "Wheat (no investable tracker)",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "WXET, underlying: Wheat (no investable tracker), as of Sep 11, 2026."
  },
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of Wheat, reset daily",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "WXET, sets out to return: +2 times the daily move of Wheat, reset daily, as of Sep 11, 2026."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of Wheat, reset daily",
   "source": null
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "Wheat (no investable tracker)",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "asset class, commodity",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$7m",
   "source": "source, as filed for Jun 30, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.95%",
   "source": "485BPOS XBRL, Apr 29, 2026"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Dec 13, 2024",
   "source": null
  }
 ],
 "periods": [],
 "questions": [
  {
   "q": "Why does WXET not return +2 times over a year?",
   "a": "Because it resets daily. WXET aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}