List of Soybean ETFs and ETNs Listed on U.S. Exchanges
The Teucrium Soybean Fund is designed to provide unleveraged direct exposure to soybeans without the need of a futures account. The fund attempts to have its daily price changes reflect the daily price changes (in percentage terms) of three soybean futures contracts. The contracts are traded on the Chicago Board of Trade and include:
- The second-to-expire CBOT soybean futures contract (35%)
- The third-to-expire CBOT soybean futures contract (30%)
- The CBOT soybean futures contract expiring in the December following the expiration month of the third-to-expire contract (35%)
The percentage in parenthesis is the amount of weight each contract has within the fund. The funds daily target is the closing settlement prices for these three contracts based on the weighted average of all three.
Soybean ETFs and ETNs