Breakwave Tanker Shipping ETF (BWET)

NYSEARCA: BWET · IEX Real-Time Price · USD
16.24
+0.05 (0.34%)
At close: Jul 12, 2024, 12:53 PM
16.09
-0.15 (-0.95%)
After-hours: Jul 12, 2024, 8:00 PM EDT
0.34%
Assets $2.02M
Expense Ratio 3.50%
PE Ratio n/a
Shares Out 125,100
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Ratio n/a
1-Year Return -12.50%
Volume 303
Open 16.24
Previous Close 16.19
Day's Range 16.24 - 16.24
52-Week Low 13.58
52-Week High 21.15
Beta 0.17
Holdings 11
Inception Date May 3, 2023

About BWET

Fund Home Page

The 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 Breakwave.

Asset Class Commodity
Stock Exchange NYSEARCA
Ticker Symbol BWET
ETF Provider Breakwave
Index Tracked Breakwave Wet Freight Futures Index

Top 10 Holdings

216.56% of assets
Name Symbol Weight
Invesco Government & Agency Portfolio 12/31/2031 AGPXX 52.49%
Cash & Other Cash&Other 47.51%
TD3C FFA 270kt Middle East Gulf to China USD/MT M Sep 24 DD3CM U24 INDEX 31.08%
TD3C FFA 270kt Middle East Gulf to China USD/MT M Aug 24 DD3CM Q24 INDEX 28.75%
TD3C FFA 270kt Middle East Gulf to China USD/MT M Jul 24 DD3CM N24 INDEX 25.76%
TD3C FFA 270kt Middle East Gulf to China USD/MT M Dec 24 DD3CM Z24 Index 7.99%
TD3C FFA 270kt Middle East Gulf to China USD/MT M Nov 24 DD3CM X24 Index 7.70%
TD3C FFA 270kt Middle East Gulf to China USD/MT M Oct 24 DD3CM V24 Index 7.13%
TD20 FFA 130kt West Africa to Continent USD/MT M Jul 24 DD20M N24 INDEX 4.14%
TD20 FFA 130kt West Africa to Continent USD/MT M Sep 24 DD20M U24 INDEX 4.01%
View More Holdings

News

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...

Other symbols: BOATSEA
6 months ago - Market Watch

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.

Other symbols: BDRYBP
7 months ago - Market Watch

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...

1 year ago - Market Watch

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...

1 year ago - Business Wire