Summary
BWET
Prices · period metrics · 12M
NAV as of 02/06/2026
02/04/2025 → 02/04/2026
Return 1645.55% 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: 02/06/2026

Current price: $180.31

Expense ratio: 3.50%

Assets under management
$38.3M
3.04% 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

4.69%

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

146.26%

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

698.56%

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

1645.55%

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

893.47%

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

1061.52%

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: 02/06/2025 - 02/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

1.332%

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
02/06/2026 $175.00 $181.81 $173.04 $180.31 63,400
01/06/2026 $157.22 $171.14 $154.95 $165.84 213,600
29/05/2026 $160.84 $162.92 $152.82 $158.86 402,200
28/05/2026 $156.66 $169.33 $153.45 $165.81 311,500
27/05/2026 $155.41 $156.99 $145.50 $150.01 141,500
26/05/2026 $168.57 $171.79 $160.00 $160.22 125,100
22/05/2026 $182.31 $184.00 $171.00 $173.78 215,500
21/05/2026 $191.07 $193.16 $183.29 $187.46 204,500
20/05/2026 $192.05 $194.24 $185.01 $188.03 135,600
19/05/2026 $189.39 $192.89 $184.50 $190.64 187,400