TAGS vs. ENZL ETF Comparison
Comparison of Teucrium Agricultural Fund ETV (TAGS) to iShares MSCI New Zealand Capped ETF (ENZL)
TAGS
Teucrium Agricultural Fund ETV
TAGS Description
The Teucrium Agricultural Fund (NYSE: TAGS) provides investors exposure to four core agricultural commodities, namely, corn, wheat, soybeans, and sugar, without the need for a futures account. TAGS invests directly in shares of the following four Teucrium Funds: Teucrium Corn Fund, Teucrium Soybean Fund, Teucrium Sugar Fund and Teucrium Wheat Fund (the “Underlying Funds”). The Underlying Funds were designed to reduce the effects of backwardation and contango. The investment objective of the Fund is to have the daily changes in percentage terms of the Shares’ NAV reflect the daily changes in percentage terms of a weighted average (the “Underlying Fund Average”) of the NAVs per share of the Underlying Funds. The Fund seeks to achieve its investment objective by investing under normal market conditions in the publicly-traded shares of each Underlying Fund so that the Underlying Fund Average will have a weighting of 25% to each Underlying Fund, and the Fund’s assets will be rebalanced, generally on a daily basis, to maintain the approximate 25% allocation to each Underlying Fund.
Grade (RS Rating)
Last Trade
$25.75
Average Daily Volume
1,908
4
ENZL
iShares MSCI New Zealand Capped ETF
ENZL Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI New Zealand IMI 25/50 Index. The fund generally invests at least 80% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the underlying index weight and all issuers with weight above 5% do not exceed 50% of the underlying index weight. It is non-diversified.Grade (RS Rating)
Last Trade
$47.55
Average Daily Volume
25,875
0
Performance
| Period | TAGS | ENZL |
|---|---|---|
| 30 Days | 0.43% | -3.37% |
| 60 Days | -1.74% | -3.45% |
| 90 Days | 5.12% | -1.70% |
| 12 Months | -16.74% | 8.50% |
0 Overlapping Holdings
| Symbol | Grade | Weight in TAGS | Weight in ENZL | Overlap |
|---|
TAGS Underweight 0 Positions Relative to ENZL
| Symbol | Grade | Weight |
|---|
TAGS: Top Represented Industries & Keywords
ENZL: Top Represented Industries & Keywords
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