Listed Funds Trust Teucrium 2x Daily Corn ETFListed Funds Trust Teucrium 2x Daily Corn ETFListed Funds Trust Teucrium 2x Daily Corn ETF

Listed Funds Trust Teucrium 2x Daily Corn ETF

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Key stats


Assets under management (AUM)
‪2.06 M‬USD
Fund flows (1Y)
‪2.00 M‬USD
Dividend yield (indicated)
1.59%
Discount/Premium to NAV
−0.3%

About Listed Funds Trust Teucrium 2x Daily Corn ETF


Issuer
Teucrium Trading LLC
Brand
Teucrium
Expense ratio
0.95%
Home page
Inception date
Dec 13, 2024
Index tracked
No Underlying Index
Management style
Active
CXRN is an actively managed ETF aiming for 200% daily leveraged exposure to corn's price through Corn Futures contracts and collateral. Corn is one of the most widely produced gain in the US. The two largest uses for corn are livestock feed and ethanol production. To tap into this demand, the fund uses corn contracts on CFTC-regulated exchanges and avoids physical corn delivery, potentially profiting from daily price increases. A Cayman Islands subsidiary is used for tax efficiency, limiting direct commodity futures exposure due to regulatory constraints. With a RIC tax status, it issues Form 1099 for simpler tax reporting. The Fund adjusts daily to align with corn price movements, with strategies to manage position limits potentially affecting its objectives. As such, the use of swaps, reverse purchase agreements and corn-linked ETPs. Daily compounding affects returns beyond a single day, posing loss risks despite corn's performance due to volatility and rebalancing effects.

Classification


Asset Class
Commodities
Category
Agriculture
Focus
Corn
Niche
Front month
Strategy
Active
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Mutual fund
Bonds, Cash & Other100.00%
Corporate88.32%
Mutual fund11.68%
Cash−0.00%
Displays a symbol's price movements over previous years to identify recurring trends.