Summary
BWET
Prices · period metrics · 12M
NAV as of 21/07/2026
02/04/2025 → 02/04/2026
Return 2024.58% Volatility 83.30% Sharpe 13.56
Official loaded data — not a live quote.

Breakwave Tanker Shipping ETF

Symbol: BWET

Exchange: NYSE

Sector: N/A

Category: Commodities Focused

Inception date: 01/05/2023

Latest date: 21/07/2026

Current price: $243.01

Expense ratio: 3.50%

Assets under management
$17.4M
4.58% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

11.60%

Ann. 63670.34% (Sharpe / Sortino numerator)

Volatility

182.01%

Sharpe ratio

349.793

VaR 95%

-15.02%

CVaR 95%: -18.38%
Max drawdown: -19.47%
Sortino ratio: 608.607
Calmar ratio: 3269.59

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

78.33%

Ann. 59555.20% (Sharpe / Sortino numerator)

Volatility

127.71%

Sharpe ratio

466.309

VaR 95%

-7.83%

CVaR 95%: -11.20%
Max drawdown: -21.50%
Sortino ratio: 927.376
Calmar ratio: 2770.41

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

669.97%

Ann. 9217.84% (Sharpe / Sortino numerator)

Volatility

105.95%

Sharpe ratio

86.967

VaR 95%

-7.84%

CVaR 95%: -12.57%
Max drawdown: -28.84%
Sortino ratio: 135.302
Calmar ratio: 319.62

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

2024.58%

Ann. 1132.85% (Sharpe / Sortino numerator)

Volatility

83.30%

Sharpe ratio

13.555

VaR 95%

-6.39%

CVaR 95%: -10.85%
Max drawdown: -28.84%
Sortino ratio: 20.497
Calmar ratio: 39.28

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

1344.77%

Ann. 167.96% (Sharpe / Sortino numerator)

Volatility

68.17%

Sharpe ratio

2.411

VaR 95%

-4.95%

CVaR 95%: -8.57%
Max drawdown: -54.24%
Sortino ratio: 3.838
Calmar ratio: 3.10

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

1132.24%

Ann. 137.50% (Sharpe / Sortino numerator)

Volatility

68.20%

Sharpe ratio

1.963

VaR 95%

-5.01%

CVaR 95%: -8.67%
Max drawdown: -56.90%
Sortino ratio: 3.115
Calmar ratio: 2.42

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: 21/07/2025 - 21/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

1.448%

Best day

27.784%

02/03/2026
Worst day

-19.852%

15/04/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
21/07/2026 $232.37 $251.98 $232.37 $243.01 183,500
20/07/2026 $230.95 $233.44 $222.03 $225.24 202,500
17/07/2026 $232.33 $232.33 $223.50 $227.63 159,700
16/07/2026 $234.50 $239.88 $225.23 $229.27 195,500
15/07/2026 $248.90 $252.66 $227.56 $230.03 167,800
14/07/2026 $250.00 $275.00 $237.26 $257.35 112,100
13/07/2026 $216.54 $218.02 $203.16 $210.96 126,800
10/07/2026 $203.77 $212.20 $201.64 $203.35 188,700
09/07/2026 $209.00 $213.50 $195.82 $199.43 143,300
08/07/2026 $207.52 $216.33 $205.92 $208.18 140,900