Teucrium 2x Daily Wheat ETF (WXET) Performance

NYSE Arca: WXETTotal returns, calendar years, drawdowns and risk since 2024.

WXET total return

Distributions reinvested · as of Oct 23, 2026
YTD
+22.6%
since Dec 31, 2025
1 year
+12.6%
total return
Since first price
−24.3%
since 2024

WXET trailing returns vs SPY, QQQ, AGG

WXET trailing returns
PeriodWXET total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month−22.1%−22.2%−1.0%−5.0%+0.9%
3 months−24.1%−24.5%+3.2%+1.9%−0.4%
6 months−11.3%−12.1%+7.8%+8.4%−1.5%
YTD+22.6%+21.1%+12.3%+15.1%−1.0%
1 year+12.6%+10.6%+14.4%+15.9%−1.1%
Since inceptionDec 13, 2024−24.3%−27.3%———

Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.

Growth of $10,000: WXET vs SPY

WXETS&P 500 (SPY)

From Dec 13, 2024: WXET grew to $7,570, SPY to $12,868.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

WXET returns by calendar year

WXETSPY

0 of 1 full years positive. Best 2025 (−38.0%), worst 2025 (−38.0%). 2026 is year to date.

WXET annual returns table

WXET calendar-year returns
YearWXETLargest dropSPYQQQAGG
2026YTD+22.6%−36.7%+12.3%+15.1%−1.0%
2025−38.0%−48.3%+17.7%+20.8%+7.2%

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

WXET largest drawdowns

Now 36.6% below the high
WXET largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Feb 18, 2025−48.3%Dec 31, 2025not yet10 months1.7 years so far

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

WXET risk statistics

WXET risk statistics
StatisticSince 2024
Annualized return−6.7%
Volatility (annualized)46.7%
Sharpe ratio-0.02
Sortino ratio-0.04
Best month+38.5%
Worst month−24.4%
Best 12 months+60.4%
Worst 12 months−38.0%
Positive months43%
Beta vs S&P 500—
Correlation with S&P 500—

From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.

WXET rolling returns

WXET rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year11−38.0%−1.9%+60.4%45%

Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.

WXET performance overview

Teucrium 2x Daily Wheat ETF (WXET) returned +12.6% over the past year, with distributions reinvested. Since its first recorded price on Dec 13, 2024 it has returned −24.3%. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −48.3%, from Feb 18, 2025 to Dec 31, 2025; the fund has not yet regained that high. Volatility has been 46.7% a year.

Related: WXET chart, WXET dividends. See the WXET overview for the latest quote and fund facts.

WXET performance FAQ

What is the WXET return over the past year?

WXET returned +12.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 10.6%.

How much would $10,000 invested in WXET be worth?

$10,000 invested in WXET at its first recorded close on December 13, 2024 would be worth about $7,570 on October 23, 2026 with distributions reinvested.

What is the biggest drawdown of WXET?

The largest peak-to-trough decline was −48.3% between February 18, 2025 and December 31, 2025. It has not yet recovered to that high; it is 36.6% below its peak.

How volatile is WXET?

Over the past history WXET had an annualized volatility of 46.7% and a Sharpe ratio of -0.02 (excess return over 1–3 month T-bills per unit of risk).