Breakwave Dry Bulk Shipping ETF (BDRY)
| Assets | $72.38M |
| Expense Ratio | 3.50% |
| PE Ratio | n/a |
| Shares Out | 11.53M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 1,083,725 |
| Open | 7.00 |
| Previous Close | 6.66 |
| Day's Range | 6.97 - 7.09 |
| 52-Week Low | 5.03 |
| 52-Week High | 12.29 |
| Beta | 0.85 |
| Holdings | 16 |
| Inception Date | Mar 22, 2018 |
About BDRY
Fund Home PageThe Breakwave Dry Bulk Shipping ETF (BDRY) is an exchange-traded fund that is based on the Breakwave Dry Freight Futures index. The fund tracks an index of long-only exposure to the nearest calendar quarter of dry bulk freight futures contracts on specified indexes. BDRY was launched on Mar 22, 2018 and is issued by Amplify Investments.
Top 10 Holdings
196.87% of assets| Name | Symbol | Weight |
|---|---|---|
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 60.48% |
| DEPOSITS WITH BROKER FOR SHORT POSITIONS | n/a | 30.28% |
| Panamax 4TC FFA 74kt Timecharter Average M Jul 25 | n/a | 18.84% |
| KT Future Sept 25 | n/a | 18.26% |
| Panamax 4TC FFA 74kt Timecharter Average M Aug 25 | n/a | 17.82% |
| Panamax 4TC FFA 74kt Timecharter Average M Sept 25 | n/a | 16.97% |
| KT Future Aug 25 | n/a | 14.53% |
| KT Future July 25 | n/a | 10.95% |
| Supramax 58 TC FFA 58kt Timecharter Average M Aug 25 | n/a | 4.41% |
| Supramax 58 TC FFA 58kt Timecharter Average M Sep 25 | n/a | 4.32% |
Performance
BDRY had a total return of -40.82% in the past year, including dividends. Since the fund's inception, the average annual return has been -16.03%.
News
ETF Managers Announces Appointment of New Sponsor of ETF Managers Group Commodity Trust I
SUMMIT, N.J.--(BUSINESS WIRE)--On December 28, 2023, ETF Managers Capital LLC, as the sponsor (the “Sponsor”) of ETF Managers Group Commodity Trust I (the “Trust”), entered into an agreement to resign...
Red Sea Avoidance Signals A Disruptive Start To 2024 For Trade And Supply Chains
We didn't expect a quiet year for trade and supply chains, but before it even started, the vital shipping sector has once again been pushed into the centre of geopolitical conflicts. Companies have st...
Shipping ETFs extend rally as ocean carriers remain on edge amid Houthi militant attacks in Red Sea
Exchange-traded funds that track U.S. shipping stocks continued to surge on Tuesday after the world's major container shippers rerouted their tankers to avoid sailing through the Red Sea following att...
Attacks in the Red Sea add to global shipping woes
Recent attacks on vessels in the Red Sea have led major shipping companies to halt shipments through the waterway which is a key route for oil, refined products, and other consumer goods.
Collusion Or Cooperation? Container Shipping Lines' Secret Strategy To Sustain Rates Amid Capacity Surge
In recent years, market analysts have considerably widened the parameters they track to assess growth in countries, regions, and globally as far as container shipping goes. One often-overlooked indica...
BDRY: Consumption-Led Model For China Is Negative For Freight Rates
BDRY provides direct exposure to freight futures, an asset class retail investors historically did not have access to. They can be incredible swing trading vehicles, as evidenced by the 800% return of...
BDRY: All Set To Ship Out If It Doesn't Sink First
Breakwave Dry Bulk Shipping ETF tracks an index of dry bulk freight futures contracts. BDRY is the first and to date the only freight futures fund that focuses exclusively on dry freight shipping.
Shipping Market Outlook - Container Vs. Dry Bulk: Q2 2022 Update
IHS Markit forecasts dry bulk rates to remain stable in the coming years with limited supply and stable growth in trade—more bullish in the near term and bearish for medium term. Dry bulk demand growt...
Here's where ETF trends are headed, according to Trackinsight's Giraud
CNBC's "Power Lunch" team discusses ETF trends with Jean-Rene Giraud, Trackinsight founder and CEO.
Breakwave Dry Bulk Shipping ETF: Could Do With A Breather
BDRY focuses on dry bulk shipping freight future contracts of roughly 3 months.
Shipping stocks hit fresh highs amid COVID-era supply chain chaos
The mainstream press is now awash in articles on global supply chain breakdowns, exorbitant shipping costs, clogged ports, emptying store shelves and rising inflation. That's good news for sentiment t...
4 Shipping Stocks That Could Sail Higher
Amid global supply chain disruptions and surging freight costs, shipping stocks look attractive right now. Here are four names to watch.
Global Shipping Market Deteriorates Further
Freight rates have soared since the beginning of the year. Port congestion has increased and container availability has decreased. Shipping line shutouts have become a common feature. Rising COVID inf...
What The Biden Executive Order Promoting Competition Means For The Shipping Industry
Biden signed a major executive order on July 9 to fight anti-competitive behavior. The order primarily takes aim at detention and demurrage charges.
Container Shipping's Bull Market - Key Updates
Since being anointed the king of shipping trades last August, container rates have been on a gravity-defying climb to previously unheard of levels. Originally a supply-side driven bull market premise,...
BDRY Review Sent To Dry Dock For Overhaul
My Very Bearish rating on BDRY was “perfectly timed” as BDRY went on a two-month tear, taking it up almost 40% since my article was published before a recent pullback. While negative overall, my summa...
Shipping bulls are back: First container stocks, now dry bulk
Container shipping rises first and highest, then dry bulk, then product tankers, then crude tankers. That's the emerging consensus on how a post-COVID global recovery will play out in ocean shipping.
Shipping ETF, up 124% this year, extends gains despite Suez snafu
The Breakwave Dry Bulk Shipping exchange-traded fund gained more than 2% Wednesday, even as a cargo ship remained lodged in the Suez Canal, blocking traffic. The ETF aims to reflect the daily price mo...
Breakwave Dry Bulk Shipping ETF: A Candidate For Davy Jones' Locker
BDRY uses futures based on the Baltic Dry Shipping Rate Indices which are based on shipping rates for bulk commodities.
Let's Take A Look At This Weeks Highest Performing ETFs: AdvisorShares, Breakwave, MicroSectors
Many investors utilize exchange-traded funds (ETFs) which are diversified securities that contain various investments including stocks, commodities, and bonds. Here are the top-performing ETFs this we...
Shipping ETF, up 35% year-to-date, extends gains
An exchange-traded fund tracking the cost of global shipping surged Friday, continuing a month-long rally. The Breakwave Dry Bulk Shipping ETF , which claims it's the only freight futures exchange-tra...