BWETBreakwave Tanker Shipping ETF

Diversifier3y track recordRanked #164 of 240 in this goal

Seeks to provide investors with exposure to the daily change in the price of crude oil tanker freight futures by tracking the performance of a portfolio.

By Amplify ETFs · Launched 2023

Annual Cost

3.50%

#5,543 of 5,562 · expensive

Fund Size

$24M

#4,229 of 5,562 · small

Return (1Y)Goal

+1703.6%

Track Record

3 years

#2,996 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$184,634+1746.3%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Commodity

What it actually holds

By weight

Concentration

Top 1 holdings = 38.4% of fund✓ well diversified

Invesco Shrt-Trm Inv Gov&Agcy InstlAGPXX

38.4%

Asset allocation

Stocks

158.8%

Other

23.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

98.7%High

Year-on-year price swings

Max drawdown

-56.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.41Strong risk-adjusted returns

Sortino (3Y)

2.46Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide investors with exposure to the daily change in the price of crude oil tanker freight futures by tracking the performance of a portfolio.
Strategy: Invests substantially all assets in Oil Freight Futures to track the BWET Benchmark Portfolio, which includes TD3C and TD20 Oil Freight Futures. Maintains long-only positions and rebalances annually.
Inception date: May 1, 2023
Fund family: Amplify ETFs