Breakwave Tanker Shipping ETF (BWET)
| Assets | $3.13M |
| Expense Ratio | 3.50% |
| PE Ratio | n/a |
| Shares Out | 200,100 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | n/a |
| Volume | 2,774 |
| Open | 15.53 |
| Previous Close | 15.55 |
| Day's Range | 15.50 - 15.74 |
| 52-Week Low | 12.47 |
| 52-Week High | 16.33 |
| Beta | n/a |
| Holdings | 11 |
| Inception Date | May 3, 2023 |
About BWET
Fund Home PageThe Breakwave Tanker Shipping ETF (BWET) is an exchange-traded fund that is based on the Breakwave Wet Freight Futures index. The fund provides long-only exposure to the crude oil tanker shipping market by tracking an index of the near-dated wet freight futures contracts on related indexes. The portfolio has an average maturity of about 50-70 days. BWET was launched on May 3, 2023 and is managed by Breakwave.
Top 10 Holdings
211.02% of assets| Name | Symbol | Weight |
|---|---|---|
| DEPOSITS WITH BROKER FOR SHORT POSITIONS | n/a | 86.89% |
| BALTIC TD3C 270000MT ME GULF TO CHINA USD/TON BASE/JUNE 2023 | n/a | 34.28% |
| BALTIC TD3C$ 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% |
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.
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...
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...
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...