Breakwave Tanker Shipping ETF (BWET)
| Assets | $30.26M |
| Expense Ratio | 3.50% |
| PE Ratio | 12.50 |
| 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 | 32,120 |
| Open | 212.00 |
| Previous Close | 211.96 |
| Day's Range | 212.00 - 222.22 |
| 52-Week Low | 10.09 |
| 52-Week High | 222.22 |
| Beta | 0.29 |
| 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 issued by Amplify Investments.
Top 10 Holdings
201.78% of assets| Name | Symbol | Weight |
|---|---|---|
| OTHER ASSETS AND LIABILITIES | n/a | 45.57% |
| Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional Class | AGPXX | 39.44% |
| KT Future July 26 | n/a | 34.28% |
| KT Future June 26 | n/a | 31.90% |
| KT Future Aug 26 | n/a | 26.09% |
| KT Future Sept 26 | n/a | 15.28% |
| KT Future July 26 | n/a | 3.55% |
| KT Future Aug 26 | n/a | 2.95% |
| KT Future Sept 26 | n/a | 2.43% |
| KT Future June 26 | n/a | 0.30% |
Performance
BWET had a total return of 1,640.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 138.99%.
News
This little-known ETF is up over 600% amid U.S.-Iran war, a better trade than oil or energy stocks
The Breakwave Tanker Shipping ETF (BWET) has surged more than 600% since the beginning of the year, vastly outperforming fundamental energy trades like crude oil, which is up around 60% in the same pe...
The end of freedom of the seas: Why global shipping may never be the same
Freedom of maritime navigation has long been considered a staple feature of the post-war liberal order but all this is changing in the era of competing superpowers
The Manager Behind the Best-Performing ETF of 2026
John Kartsonas, founder and managing partner at Breakwave Advisors, joins Katie Greifeld and Eric Balchunas on "Bloomberg ETF IQ." Every twist in the Iran conflict shows up almost instantly in the Bre...
Which Energy ETFs Are Leading 2026 Gains as Oil Prices Surge?
Energy ETFs have emerged as the top performers in 2026, with funds like the Breakwave Tanker Shipping ETF ($BWET) and major oil-linked ETFs leading the gains. The rally has been…
Breakwave Tanker Shipping ETF (BWET) Net Asset Value Adjustment
CHICAGO, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Amplify ETFs announces the net asset value (NAV) of the Breakwave Tanker Shipping ETF (BWET) was increased by $0.2834 per share on August 28, 2025.
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. ...
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...