- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Dec 20, 2022
- Business
- Teucrium AiLA Long-Short Agriculture Strategy ETF (OAIA), ticker OAIA, is an exchange-traded fund managed by Teucrium Investment Advisors, LLC that seeks to track the total return performance, before fees and expenses, of the AiLA-S033 Market Neutral Absolute Return Index. The fund implements a quantitative long-short trading strategy to achieve market-neutral exposure to the global agriculture commodities market through positions in futures contracts listed on the Chicago Mercantile Exchange and Intercontinental Exchange, including corn, wheat, soybeans, soybean products, sugar, cotton, coffee, and cocoa; it employs proprietary machine-learning models for daily signal generation, asset allocation decisions, and entry/exit timing based on micro and macro features to generate absolute returns in up, down, or sideways markets. Launched on December 19, 2022, and listed on NYSE Arca, OAIA targets investors seeking liquid, low-cost access to institutional-style agricultural strategies with 1099 tax treatment, a management fee of 1.49%, acquired fund fees of 0.02%, and total net expenses of 1.51%; it operates globally via standardized agricultural commodity futures without options availability or intra-year distributions. Teucrium, the fund sponsor founded in 2009 and headquartered in Burlington, Vermont, provides complementary agricultural futures-based ETFs such as CORN, WEAT, SOYB, TAGS, and CANE.
In a significant recent development, Teucrium announced on August 29, 2024, the liquidation of OAIA, with the fund ceasing to accept creation orders on or about September 12, 2024, and shares stopping trading on NYSE Arca prior to market open on September 13, 2024, reflecting a strategic adjustment to the firm's lineup amid low assets under management. This follows Teucrium's broader innovations, including the 2022 launch of the related "No K-1" Teucrium Agricultural Strategy ETF (TILL), introduction of 2x leveraged funds (CXRN, WXET) in 2024, and the debut of the first U.S.-listed XRP ETF (XXRP) in April 2025; the original OAIA launch partnered with AiLA Indices (a leading provider of commodities alpha strategies using machine learning) to bring hedge fund-like exposure to retail investors. No major funding rounds, acquisitions, or new product launches specific to OAIA occurred in the last 1-2 years prior to its closure, though Teucrium continues expanding its alternative market offerings.