Breakwave Tanker Shipping ETF (BWET)

NYSEARCA: BWET · IEX Real-Time Price · USD
15.74
+0.19 (1.23%)
Jun 8, 2023, 4:00 PM EDT - Market closed
1.23%
Assets $3.13M
Expense Ratio 3.50%
PE Ratio n/a
Shares Out 200,100
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Ratio n/a
1-Year Return n/a
Volume 2,774
Open 15.53
Previous Close 15.55
Day's Range 15.50 - 15.74
52-Week Low 12.47
52-Week High 16.33
Beta n/a
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 managed by Breakwave.

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

Top 10 Holdings

211.02% of assets
Name Symbol Weight
DEPOSITS WITH BROKER FOR SHORT POSITIONS n/a 86.89%
BALTIC TD3C 270000MT ME GULF TO CHINA USD/TON BASE/JUNE 2023 n/a 34.28%
BALTIC TD3C$ 270000MT ME GULF TO CHINA USD/TON BASE/JULY 2023 n/a 21.49%
BALTIC TD3C$ 270000MT ME GULF TO CHINA USD/TON BASE/SEPTEMBER 2023 n/a 20.39%
Future on 10 Year Treasury Note n/a 19.01%
First American Treasury Obligs X FXFXX 17.44%
BALTIC TD20 130000MT WEST AFRICA TO CONTINENT USD/TON BASE/JUNE 2023 n/a 3.23%
BALTIC TD20$ - 130000MT WEST AFRICA TO CONTINENT USD/TON BASE/JULY 2023 n/a 3.05%
BALTIC TD20$ - 130000MT WEST AFRICA TO CONTINENT USD/TON BASE/SEPTEMBER 202 n/a 2.69%
Future on 10 Year Treasury Note n/a 2.54%
View More Holdings

News

Top Performing ETFs: Brazil, Turkey Investing Up

Another week has gone, and it's foreign equities that led in the week's top-performing ETFs. Investors looked abroad to both commodities centers and events like Turkey's election in their ETFs.

3 weeks ago - ETF Trends

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 month ago - Market Watch

New BWET ETF Gives Exposure to Tanker Shipping Futures

Breakwave Advisors, a New York-based commodity trading advisor specializing in shipping and freight investments, announced in partnership with ETF Managers Group (ETFMG) that the Breakwave Tanker Ship...

1 month ago - ETF Trends
}

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 month ago - Business Wire