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Breakwave Dry Bulk Shipping ETF (BDRY)

ETF · Currency in USD · Last updated Jan 28, 2023

BDRY is a passive ETF by ETFMG tracking the investment results of the Breakwave Dry Freight Futures Index. BDRY launched on Mar 22, 2018 and has a 3.76% expense ratio.

ETF Info

ISINUS26923H2004
CUSIP26923H200
IssuerETFMG
Inception DateMar 22, 2018
RegionGlobal (Broad)
CategoryCommodities
Expense Ratio3.76%
Index TrackedBreakwave Dry Freight Futures Index
Asset ClassCommodity

Trading Data

Previous Close$8.27
Year Range$7.07 - $27.84
EMA (50)$8.90
EMA (200)$13.39
Average Volume$226.36K

BDRYShare Price Chart


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BDRYPerformance

The chart shows the growth of $10,000 invested in Breakwave Dry Bulk Shipping ETF in Mar 2018 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $3,241 for a total return of roughly -67.59%. All prices are adjusted for splits and dividends.


-40.00%-30.00%-20.00%-10.00%0.00%SeptemberOctoberNovemberDecember2023
-34.63%
-1.16%
BDRY (Breakwave Dry Bulk Shipping ETF)
Benchmark (^GSPC)

BDRYCompare to other instruments

Search for stocks, ETFs, and funds to compare with BDRY

Breakwave Dry Bulk Shipping ETF

BDRYReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
YTD-10.01%6.02%
1M-12.95%6.30%
6M-35.34%-0.05%
1Y-57.89%-6.42%
5Y-21.53%10.48%
10Y-21.53%10.48%

BDRYMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-25.60%-2.32%12.83%-11.17%3.31%-22.62%-27.66%-36.88%15.31%-21.46%10.70%16.92%
202134.29%22.92%33.12%45.98%-6.88%27.61%-12.10%9.81%27.11%-16.58%-11.28%10.66%
2020-36.44%-16.60%-21.98%-13.30%-16.06%58.92%10.28%4.54%-3.29%-17.84%-5.17%19.94%
2019-33.74%-9.32%-15.22%32.33%-1.09%7.35%22.59%31.11%-6.74%-8.52%1.66%-15.71%
2018-10.71%-5.62%-5.87%8.91%11.62%3.39%-9.81%-6.82%-23.27%12.03%

BDRYSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Breakwave Dry Bulk Shipping ETF Sharpe ratio is -0.84. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.80-0.60-0.40-0.20SeptemberOctoberNovemberDecember2023
-0.84
-0.27
BDRY (Breakwave Dry Bulk Shipping ETF)
Benchmark (^GSPC)

BDRYDividend History


Breakwave Dry Bulk Shipping ETF doesn't pay dividends

BDRYDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-80.00%-60.00%-40.00%-20.00%0.00%FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember2023
-80.08%
-15.14%
BDRY (Breakwave Dry Bulk Shipping ETF)
Benchmark (^GSPC)

BDRYWorst Drawdowns

The table below shows the maximum drawdowns of the Breakwave Dry Bulk Shipping ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Breakwave Dry Bulk Shipping ETF is 84.71%, recorded on May 13, 2020. It took 245 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-84.71%Aug 22, 2018403May 13, 2020245May 4, 2021648
-82.97%Oct 7, 2021285Nov 22, 2022
-26.58%Mar 23, 201842May 29, 201844Aug 21, 201886
-23.19%Jun 17, 202119Jul 14, 202128Aug 23, 202147
-20.51%May 11, 20215May 17, 202118Jun 11, 202123
-12.49%Aug 27, 20217Sep 7, 20214Sep 13, 202111
-11.66%May 6, 20211May 6, 20212May 10, 20213
-6.26%Sep 14, 20215Sep 20, 20211Sep 21, 20216
-3.19%Aug 25, 20211Aug 25, 20211Aug 26, 20212
-2.95%Jun 14, 20211Jun 14, 20211Jun 15, 20212

BDRYVolatility Chart

Current Breakwave Dry Bulk Shipping ETF volatility is 41.25%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


20.00%40.00%60.00%80.00%100.00%120.00%SeptemberOctoberNovemberDecember2023
41.25%
16.76%
BDRY (Breakwave Dry Bulk Shipping ETF)
Benchmark (^GSPC)