What this ETF is trying to do

The Teucrium Soybean Fund (SOYB) is an exchange-traded fund (ETF) that focuses on soybeans. It allows investors to gain exposure to this commodity through the stock market.

What the numbers show

As of October 9, 2026, the current price of one share is $27.53.

Looking at the price returns (which measure how much the share price changed), the fund has seen growth over different time periods:

• Year-to-Date: The price return is approximately 25.94%.

• One Year: The price return is approximately 26.05%.

• Three Year: The price return is approximately 2.65%.

Because this fund has not paid distributions, the price return and the total return are the same. For example, the one-year total return is also 26.05%.

To put this in perspective, the estimated price from roughly one year ago was $21.84. If an investor had put $10,000 into the fund at that estimated price, the value of those shares would have grown based on the one-year price return.

Income and distribution explanation

Some ETFs pay out cash to investors, known as distributions. However, SOYB has a distribution yield of 0% and no distributions were detected over the last 12 months. This means the fund does not currently provide a cash income stream to its holders.

NAV erosion explanation

"NAV erosion" happens when the underlying value of a fund's assets drops over time, often causing the share price to fall steadily.

For SOYB, the erosion-risk score is 100, and the erosion severity is labeled as "good." The data states that no price erosion was detected, and the severe erosion-risk flag is false.

Top Holdings

As of September 27, 2026, the fund's holdings include:

• Goldman Sachs FS Government Instl (FGTXX): 44.93%

Pros

• The fund has shown positive price returns over the short term (one year) and long term (three and five years).

• There is currently no detected NAV erosion risk.

Cons

• The fund does not pay any distributions, so it provides no cash income.

• The three-year price return (2.65%) is significantly lower than the one-year return.

Beginner takeaway

SOYB is a fund for those interested in soybeans. While it has seen a strong price increase over the last year, it does not pay dividends. Investors should remember that a high distribution yield in other funds can sometimes be misleading if the share price is falling; however, since this fund pays nothing, its value is based entirely on the movement of its share price.