Breakwave Tanker Shipping ETF (BWET)
| Assets | $28.81M |
| Expense Ratio | 3.50% |
| PE Ratio | 105.91 |
| Shares Out | 205,100 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | +1,226.87% |
| Volume | 66,839 |
| Open | 145.99 |
| Previous Close | 140.14 |
| Day's Range | 145.99 - 158.00 |
| 52-Week Low | 9.60 |
| 52-Week High | 179.90 |
| Beta | -0.76 |
| Holdings | 15 |
| 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
223.92% of assets| Name | Symbol | Weight |
|---|---|---|
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 50.90% |
| KT Future Apr 26 | n/a | 43.62% |
| KT Future May 26 | n/a | 30.32% |
| OTHER ASSETS AND LIABILITIES | n/a | 27.63% |
| KT Future June 26 | n/a | 21.73% |
| KT Future July 26 | n/a | 17.73% |
| Future on KT | n/a | 10.64% |
| KT Future Sept 26 | n/a | 9.38% |
| KT Future Apr 26 | n/a | 7.84% |
| KT Future May 26 | n/a | 4.13% |
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
ETF Flows Top $500 Billion in First Quarter of 2026
Exchange-traded fund flows surpassed $500 billion in the first three and a half months of 2026 as the industry continues its rapid expansion with more than 300 new launches and record trading volumes....
Amplify ETFs Offer Unique Angles on Income, Thematics
The rise of Amplify ETFs is one of the more interesting stories in the U.S. ETF industry. Although it only launched its first ETF under that brand in 2016, its founder, Christian Magoon, was a well-kn...
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...
Disruptive Theme of the Week: ETF Ramifications of the Iran War
Since the start of Operation Epic Fury at the end of February, Brent crude oil prices have risen as high as $150 a barrel as the Strait of Hormuz has been effectively closed by Iran. Panic over suppl...
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...