Breakwave Tanker Shipping ETF
Symbol: BWET
Exchange: NYSE
Sector: Communication_Services
Category: Commodities Focused
Inception date: 01/05/2023
Latest date: 03/09/2026
Current price: $496.41
Expense ratio: 3.50%
Period performance
Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.
Performance metrics
Period total return
91.39%
Ann. 63670.34% (Sharpe / Sortino numerator)
Volatility
182.01%
Sharpe ratio
349.793
VaR 95%
-15.02%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
164.05%
Ann. 59555.20% (Sharpe / Sortino numerator)
Volatility
127.71%
Sharpe ratio
466.309
VaR 95%
-7.83%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
681.75%
Ann. 9217.84% (Sharpe / Sortino numerator)
Volatility
105.95%
Sharpe ratio
86.967
VaR 95%
-7.84%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
3657.84%
Ann. 1132.85% (Sharpe / Sortino numerator)
Volatility
83.30%
Sharpe ratio
13.555
VaR 95%
-6.39%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
3315.98%
Ann. 167.96% (Sharpe / Sortino numerator)
Volatility
68.17%
Sharpe ratio
2.411
VaR 95%
-4.95%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
3091.53%
Ann. 137.50% (Sharpe / Sortino numerator)
Volatility
68.20%
Sharpe ratio
1.963
VaR 95%
-5.01%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Daily returns for period 12M
Daily simple returns from the same adjusted closes used by the performance chart: 03/09/2025 - 03/09/2026.
Average daily return
1.696%
Best day
27.784%
Worst day
-20.527%
Days with data
252
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 03/09/2026 | $480.00 | $502.41 | $477.00 | $496.41 | 138,900 |
| 02/09/2026 | $463.30 | $470.14 | $451.17 | $454.00 | 196,100 |
| 01/09/2026 | $437.41 | $459.40 | $434.32 | $450.35 | 212,400 |
| 31/08/2026 | $434.33 | $434.33 | $413.20 | $416.72 | 405,700 |
| 28/08/2026 | $429.00 | $430.58 | $414.51 | $426.38 | 460,000 |
| 27/08/2026 | $415.24 | $432.40 | $415.11 | $425.23 | 548,600 |
| 26/08/2026 | $408.00 | $412.56 | $336.11 | $356.66 | 420,100 |
| 25/08/2026 | $472.00 | $480.00 | $443.78 | $448.78 | 328,500 |
| 24/08/2026 | $460.38 | $484.84 | $458.20 | $465.31 | 441,300 |
| 21/08/2026 | $456.00 | $470.56 | $450.01 | $468.41 | 241,300 |