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NYSEARCA:BWET

Breakwave Tanker Shipping ETF (BWET) Price, Holdings, & News

Breakwave Tanker Shipping ETF logo
$997.66 -1.34 (-0.13%)
Closing price 04:10 PM Eastern
Extended Trading
$994.94 -2.73 (-0.27%)
As of 04:37 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Breakwave Tanker Shipping ETF (NYSEARCA:BWET)

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Key Stats

Today's Range
$987.22
▼
$1,009.50
50-Day Range
$257.11
▼
$1,012.75
52-Week Range
$15.41
▼
$1,051.94
Volume
50,644 shs
Average Volume
142,604 shs
Market Capitalization
$299.30 million
Assets Under Management
$295.05 million
Dividend Yield
N/A
Net Expense Ratio
1.75%
Aggregate Rating
N/A

ETF Overview

The 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.

Breakwave Tanker Shipping ETF Expenses

TypeBWETEnergy ETFsCommodities ETFsNYSEARCA ETFsAll ETFs
Management Fee0.30%0.61%0.69%0.50%0.53%
Other Expenses1.45%0.43%0.48%0.60%0.54%
Total Expense1.75%0.75%0.94%0.75%0.73%
Fee Waiver0.00%-0.19%-0.84%-0.78%-0.68%
Net Expense1.75%0.74%0.67%0.57%0.60%
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BWET ETF News Headlines

Trump’s issues shocking Executive Order on U.S. Dollar
Three days into his second term, President Trump signed Executive Order 14178 a move the press barely covered. Buried inside is what some call the legal groundwork for the biggest change to American money in over a century, with a key Treasury vote potentially as soon as January 18. Ian King, Chief Strategist at Strategic Fortunes, breaks down what the order could mean for the dollar and the financial system.tc pixel
BWET Is Now Up More Than 5,000% This Year
A bulk carrier cargo ship sails at sunset with an LNG tanker visible in the background at sea.
4 Ways to Play the Shipping Industry in the Face of the Gas Crunch
A global gas supply crunch is boosting shipping stocks like Star Bulk and Diana Shipping, while the Breakwave Tanker Shipping ETF offers diversified, volatile exposure to rising freight rates.
Oil tankers and smaller vessels navigate a coastal waterway near rocky, mountainous terrain.
Oil Tanker Rates Top $1 Million a Day—3 Ways Investors Can Trade the Surge (BWET)
As the Iran conflict pushes tanker rates past $1 million per day, investors weigh Okeanis Eco Tankers, International Seaways, and the Breakwave Tanker Shipping ETF as ways to trade the shipping surge.
See More Headlines

BWET ETF - Frequently Asked Questions

Breakwave Tanker Shipping ETF's stock was trading at $19.26 at the start of the year. Since then, BWET stock has increased by 5,081.7% and is now trading at $997.9950.

Shares of BWET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Fund Details

Issuer
ETF Managers Group
Fund Name
Breakwave Tanker Shipping ETF
Tax Classification
Regulated Investment Company
Stock Exchange
NYSEARCA
Current Symbol
NYSEARCA:BWET
Inception Date
5/3/2023
Fund Manager
John Kartsonas
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Commodities
Benchmark
N/A
Category
Sector
Focus
Energy
Development Level
Blended Development
Region
Global
Number of Holdings
14

Fund Statistics

Assets Under Management
$295.05 million
Average Daily Volume
$0.00
Discount/Premium
-0.82%

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Breakwave Advisors LLC
Custodian
U.S. Bank, N.A.
Distributor
ETFMG Financial LLC
Transfer Agent
U.S. Bancorp Fund Services, LLC
Trustee
N/A
Lead Market Maker
Jane Street

Options

Optionable
N/A
Short Interest
34,498 shs

Miscellaneous

Beta
-0.13
Creation Unit
25,000
Creation Fee
$300.00
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Top 9 BWET Holdings

  • OTHER ASSETS AND LIABILITIES
    Holding Weight: 64.50%
  • KT Future Nov 26
    Holding Weight: 36.73%
  • KT Future Oct 26
    Holding Weight: 35.68%
  • KT Future Dec 26
    Holding Weight: 29.42%
  • Invesco Shrt-Trm Inv Gov&Agcy Instl
    Holding Weight: 12.23%
  • KT Future Oct 26
    Holding Weight: 9.85%
  • KT Future Nov 26
    Holding Weight: 7.41%
  • KT Future Dec 26
    Holding Weight: 4.92%
  • Cash Offset
    Holding Weight: -100.74%

This page (NYSEARCA:BWET) was last updated on 10/14/2026 by MarketBeat.com Staff.
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