Teucrium Soybean Fund (SOYB)
Teucrium Soybean Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Burlington, VT, US. The stock last traded at $27.72, down 0.72% on the session, giving a market capitalisation of $53.1M. Its beta of 0.44 implies it has historically moved less than the broad market.
The Teucrium Soybean Fund, identified by the ticker SOYB, provides a direct and accessible method for investors to gain exposure to the market prices of soybean futures contracts through their existing brokerage accounts. Given that soybean price fluctuations have historically demonstrated a low correlation with the performance of U.S. stock markets, SOYB presents a potentially appealing tool for strengthening portfolio diversification.
Teucrium Soybean Fund is most often compared with the following Financial Services names: