Explore top agri commodity ETFs: WEAT, CORN, GRU, JJG & TAGS

Follow us on Google News:
 Explore top agri commodity ETFs: WEAT, CORN, GRU, JJG & TAGS
Image source: © Jirsak | Megapixl.com


  • Teucrium Wheat Fund (WEAT) generated a 66% return YTD. Its expense ratio is 1.91%.
  • Teucrium Corn Fund (CORN) rose 05% YTD, and its expense ratio is 1.95%.
  • iPath Series B Bloomberg Grains Subindex Total Return ETN (JJG) has an expense ratio of 0.45%, and it returned 47% gains YTD.

Agriculture commodity ETFs monitor the price movements on agricultural commodity indexes. For profitability, these ETFs employ various strategies such as consumption-weighted baskets, production-weighted baskets, multi-factor models, etc.  

The Russia-Ukraine war has significantly impacted global agricultural supplies like wheat, corn, and soybean. These commodities are also subject to volatility due to weather and market factors. The prices of these essential items are soaring due to supply shortages. 

These ETFs invest in futures contracts and not in companies.

Here we discuss five agricultural commodities ETFs.

Teucrium Wheat Fund (WEAT)

Performance Year-to-date: 49.66% 
Expense Ratio: 1.91%
Assets Under Management: US$510.3 million

The WEAT ETF offers exposure to the wheat futures contracts, and it is the first pure-play wheat ETP in the market. It does not have exposure to spot wheat prices like other exchange-traded commodity products. 

This ETF does not concentrate holdings in the front months' futures but spreads the futures contracts across multiple maturities to minimize the impact on bottom-line returns. It uses a laddered strategy and a single asset weighing scheme.  

Launched in 2011 by Teucrium, WEAT tracks Teucrium Wheat Fund Benchmark Index. 

The ETF price moved in the range of US$12.75 to US$6.12 in the last 52 weeks and closed at US$10.88 on April 26, 2022. 

Also Read: Top mining stocks to watch in Q2: AMR, X to AA

Explore top agri commodity ETFs: WEAT, CORN, GRU, JJG & TAGS

Also Read: Top Metaverse ETFs to watch in Q2: METV, MTVR, VERS, FTEC & PUNK

Teucrium Corn Fund (CORN)

Performance Year-to-date: 38.05%
Expense Ratio: 1.95%
Assets Under Management: US$295.4 million

This fund offers exposure to one of the most widely used agriculture commodities globally, Corn. CORN is unique with its various resources, and it diversifies across different maturities in its portfolio. The structure of the ETF is designed to mitigate the impact of contango and make it useful for investors with a long term outlook.

Also Read: Five student loan stocks to watch in April: DFS to SLM

This ETF started in 2010. The issuer is Teucrium. CORN ETF uses Teucrium Corn Fund Benchmark Index. The corn-focused ETF uses a laddered strategy and single assets weighing scheme.  

CORN ETF traded in the price range of US$29.94 to US$18.83 in the last 52 weeks and closed at US$29.68 on April 26, 2022.

Also Read: Five consumer discretionary stocks to keep an eye on in Q2: HBR to TEN

ELEMENTS Linked to the ICE BofAML Commodity Index eXtra Grains Total Return (GRU)

Performance Year-to-date: 32.35% 
Expense Ratio: 0.75%
Assets Under Management: US$14.3 million

This ETN (Exchange Traded Notes) offers exposure to futures-based price of corn, wheat, soybean, soybean oil and other commodities with minimum weightings in the broad-based agricultural products. The exposure to various commodities makes it a valuable when there is upward pressure on food prices.

ETN, a debt instrument, exposes investors to credit risk. But at the same time, the ETN structure also results in unique tax calculations. It consists of futures contracts. The futures curve slope may impact returns based on the environment and prices, meaning GRU does not track spot grain prices. 

Also Read: Top ethanol stocks to watch this summer: ADM, ANDE, GPRE, REX & VLO

The Swedish government launched the GRU ETF in 2008. It tracks ICE BofAML Commodity Index eXtra Grains (Intraday Indicative). The grain focused ETF uses a laddered strategy, exchange-traded notes (ETN) structure and proprietary weighing scheme. 

GRU ETF closed at US$6.36 on April 25, 2022.  It traded in the range of US$4.07 to US$8.50 in the last 52 weeks.

Also Read: KO, PEP, STZ among top beverage stocks to explore in Q2

iPath Series B Bloomberg Grains Subindex Total Return ETN (JJG)

Performance Year-to-date: 34.37%
Expense Ratio: 0.45%
Assets Under Management: US$34.32 million

This ETN offers exposure to agricultural commodities such as wheat, corn, soybean and a specific basket of items. Being an ETN, JJG carries credit risk to the issuing institution. As the underlying index comprises futures contracts, JJG does not necessarily track the spot grains prices performance. 

Its return may be affected by the futures curve slope, depending on the market prices and overall environment. 

Also Read: SYY to KO: 5 inflation-beating consumer staple stocks to watch in Q2

JJG ETF was issued in 2018 by Barclay Capital. It tracks Bloomberg Grains Subindex. 

The grain focused ETF uses a multi-factor strategy and proprietary weighing scheme. It is also based on the ETN structure.

The ETF closed at US$88.47 on April 26, 2022. It traded in the range of US$98.50 US$59.48 in the last 52 weeks.

Also Read: CHDN to DKNG: Top sports stocks to watch in Q2

Explore top agri commodity ETFs: WEAT, CORN, GRU, JJG & TAGS© Aprescindere | Megapixl.com

Also Read: Top dividend-paying REITs to explore: WPC, EPR, CTO, LTC & SLG

Teucrium Agricultural Fund (TAGS)

Performance Year-to-date: 27.47%
Expense Ratio: 0.18%
Assets Under Management: US$34.1 million

This ETF offers exposure to four major agricultural commodities: corn, sugar, soybean, and wheat. Agricultural commodities investments are also used for hedging against inflation.

TAGS ETF holdings are not futures contracts, but other Teucrium offered ETFs that hold futures contracts linked to actual commodities. 

Also Read: 5 agriculture stocks to explore as food inflation spikes: ADM to FMC

This ETF was issued in 2012 by Teucrium, and it tracks Teucrium TAGS Index. It uses a laddered strategy and equal weighting scheme. Its structure is a commodity pool. 

TAGS closed at US$34.48 on April 26 and traded between US$37.91 and US$24.04 in the last 52 hours.

Also Read: CELU to CMPI: Explore top 5 biotech stocks with over 100% YTD return

Bottom line:

S&P GSCI Agriculture Index Spot has gained 27.93% year-to-date, while S&P 500 Index fell 12.40% in the same period. ETFs are considered safe for exposure to different asset classes; however, investors must analyze them in detail before investing.  


The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.

Featured Articles