Breakwave Tanker Shipping ETF (BWET)
Assets | $1.75M |
Expense Ratio | 3.50% |
PE Ratio | 23.18 |
Shares Out | 150,100 |
Dividend (ttm) | n/a |
Dividend Yield | n/a |
Ex-Dividend Date | n/a |
Payout Frequency | n/a |
Payout Ratio | n/a |
Volume | 5,002 |
Open | 11.31 |
Previous Close | 11.42 |
Day's Range | 11.20 - 11.42 |
52-Week Low | 9.06 |
52-Week High | 16.56 |
Beta | 0.63 |
Holdings | 9 |
Inception Date | May 3, 2023 |
About BWET
Fund Home PageThe Breakwave Tanker Shipping ETF (BWET) is an exchange-traded fund that is based on the Breakwave Wet Freight Futures index. The fund provides long-only exposure to the crude oil tanker shipping market by tracking an index of the near-dated wet freight futures contracts on related indexes. The portfolio has an average maturity of about 50-70 days. BWET was launched on May 3, 2023 and is issued by Amplify Investments.
Performance
BWET had a total return of -20.71% in the past year, including dividends. Since the fund's inception, the average annual return has been -8.31%.
News

Amplify ETFs Announces Net Asset Value Adjustment for the Breakwave Tanker Shipping ETF (BWET)
CHICAGO, July 25, 2025 (GLOBE NEWSWIRE) -- Amplify ETFs today announced that the net asset value (NAV) of the Breakwave Tanker Shipping ETF (BWET) was increased by $0.1465 per share on July 23, 2025. ...

Tanker Markets And Why International Seaways Is Almost As Cheap As It's Ever Been
International Seaways' tanker market outlook is positive, driven by strategic fleet management amid global oil demand growth and geopolitical concerns. Maintaining a robust balance sheet with below 15...

Shipping ETFs on pace for best day in nearly a month after U.S., U.K. strike on Houthi rebels in Yemen stirs up more geopolitical worries
Exchange-traded funds that track shipping stocks were surging on Friday after U.S.-led militaries launched airstrikes on Yemen's Houthi rebels in response to their attacks on Red Sea shipping, fueling...

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.

ETF flows point to ‘skittish' investors as it's ‘a little unwieldy out there' after Fed rate hikes
Hello! In this week's ETF Wrap, I caught up with The ETF Store's Nate Geraci and State Street's Matthew Bartolini on flows as investors worry about a potential recession and try to discern the Fed's n...

World's First Oil Tanker Shipping ETF
SUMMIT, N.J.--(BUSINESS WIRE)--Breakwave Advisors in partnership with ETF Managers Group LLC (ETFMG®), announced that the Breakwave Tanker Shipping ETF (NYSE Arca: BWET) will begin trading today on th...