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Breakwave Tanker Shipping ETF (BWET)
About this ETF
The Breakwave Tanker Shipping ETF (BWET) is an exchange-traded fund that enables investors to track the daily shifts in indices measuring the prospective cost of crude oil transportation. It grants direct, unlevered access to oil tanker futures, removing the necessity of maintaining a separate futures account.
Price
Top 10 holdings
| Cash & Other | 27.50% |
| TD3C FFA 270kt Middle East Gulf to China USD/MT M Jul 26 DD3CM N26 INDEX | 16.68% |
| TD3C FFA 270kt Middle East Gulf to China USD/MT M Sep 26 DD3CM U26 INDEX | 15.11% |
| Invesco Government & Agency Portfolio 12/31/2031 AGPXX | 14.02% |
| TD3C FFA 270kt Middle East Gulf to China USD/MT M Aug 26 DD3CM Q26 INDEX | 13.46% |
| TD3C FFA 270kt Middle East Gulf to China USD/MT M Oct 26 DD3CM V26 INDEX | 2.49% |
| TD3C FFA 270kt Middle East Gulf to China USD/MT M Nov 26 DD3CM X26 INDEX | 2.44% |
| TD3C FFA 270kt Middle East Gulf to China USD/MT M Dec 26 DD3CM Z26 INDEX | 2.36% |
| TD20 FFA 130kt West Africa to Continent USD/MT M Jul 26 DD20M N26 INDEX | 1.59% |
| TD20 FFA 130kt West Africa to Continent USD/MT M Aug 26 DD20M Q26 INDEX | 1.33% |
Sector mix
Price chart
Returns
| 1 month | +11.16% |
| 3 months | +29.47% |
| 6 months | +773.18% |
| Year to date | +995.33% |
| 1 year | +1,771.87% |
| 3 years (ann.) | +125.16% |
| 5 years (ann.) | — |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 104.83% |
| Sharpe (1y) | 3.32 |
| Sharpe (3y) | 1.46 |
| Sortino (1y) | 5.29 |
| Max drawdown (1y) | -41.22% |
| Max drawdown (5y) | — |
| Max drawdown (full) | -56.90% |
| Beta vs S&P 500 (1y) | -0.14 |
| Correlation vs S&P 500 (1y) | -0.02 |
Technical outlook as of 2026-07-13
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Cost vs. peers
Comparison universe: 6,948 funds of the same asset class.
Cost impact calculator
Dividend history
Accumulating share class Income is reinvested inside the fund instead of being paid out. (inferred from the absence of distributions)
No distributions on record — accumulating share classes reinvest income instead of paying it out.
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Scored coverage: 0.0% of the portfolio by weight.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.05% | +19.93% | 1.48 |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 1.07% | +19.68% | 1.49 |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 1.09% | +19.68% | 1.49 |
| State Street SPDR S&P 500 ETF SPY | 0.09% | 789.23B | 1.00% | +19.71% | 1.49 |
| SPDR S&P 500 ETF Trust 1557.T | 0.09% | 789.09B | 0.49% | +37.54% | 2.26 |
| State Street SPDR S&P 500 ETF SPY.AX | 0.09% | 788.13B | 1.00% | +11.84% | 1.13 |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 2.61% | +20.58% | 1.21 |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 0.43% | +28.14% | 1.43 |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 0.39% | +16.85% | 0.99 |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 2.60% | +21.64% | 1.23 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| State Street SPDR Portfolio S&P 500 ETF SPYM | 0.02% | 159.32B | 0.0% |
| Vanguard Mid-Cap ETF VO | 0.03% | 218.80B | 0.0% |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 0.0% |
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 0.0% |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 0.0% |
