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IPATH PURE BETA GRAINS ETN: (WEET)

(Market Close from AMEX) As of Aug 28, 2015 01:11 PM ET

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$34.62 USD

34.62
100

-0.20 (-0.59%)

Volume: 100

Zacks ETF Rank: 4 - Sell [?]       4  

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

ETF Quote Details

Previous Close 34.82
Open 34.62
Bid 34.50
Ask 34.66
Day Low-High 34.62-34.62
52wk Low-High 30.00-42.02
Volume 100
NAV (month end) 36.22
Premium (+)/Discount (-) (month end)-1.40

Zacks Premium Research for WEET

Zacks ETF Rank [?] Sell 4
ETF Risk [?] High

Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

ETF Expense Ratio

Expense Ratio 0.75%
Dividend (Yield) $0.00 (0.00%)
Issuer BARCLAYS BANK

Benchmark for WEET

BARCLAYS CMDTY INDEX GRAINS-OILSEEDS PUR

This index looks to match the returns that are in a purchase of futures contracts in the grains markets with a focus on soybeans, wheat, and corn. The index consists of 6 contracts and has a unique roll structure which selects contracts using the Pure Beta Series 2 Methodology. This strategy looks to limit the impact of contango while also providing the return from U.S. T-Bills.

Fund Summary for WEET

IPATH PURE BETA GRAINS ETN

WEET is linked to the Barclays Capital Commodity Index Grains & Oilseeds Pure Beta TR. The Index is a sub-index of the Barclays Capital Commodity Index Pure Beta TR and reflects the returns that are potentially available through an unleveraged investment in six futures contracts on grain and oilseed commodities traded on U.S. exchanges.