Breakwave Dry Bulk Shipping ETF (BDRY)
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
| ISIN | US26923H2004 |
|---|---|
| CUSIP | 26923H200 |
| Issuer | ETFMG |
| Inception Date | Mar 22, 2018 |
| Region | Global (Broad) |
| Category | Commodities |
| Leveraged | 1x |
| Index Tracked | Breakwave Dry Freight Futures Index |
| Asset Class | Commodity |
Expense Ratio
BDRY has a high expense ratio of 3.76%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: BDRY vs. SAFE, BDRY vs. ^GSPC, BDRY vs. BOAT, BDRY vs. NVDA, BDRY vs. SPY, BDRY vs. VOO, BDRY vs. NASDX, BDRY vs. ZIM, BDRY vs. UPS, BDRY vs. QQQ
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Breakwave Dry Bulk Shipping ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Breakwave Dry Bulk Shipping ETF had a return of -26.82% year-to-date (YTD) and 48.42% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -26.82% | 25.82% |
| 1 month | -10.10% | 3.20% |
| 6 months | -36.25% | 14.94% |
| 1 year | 48.42% | 35.92% |
| 5 years (annualized) | -12.77% | 14.22% |
| 10 years (annualized) | N/A | 11.43% |
Monthly Returns
The table below presents the monthly returns of BDRY, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -2.77% | 35.68% | -9.11% | -8.30% | -6.06% | 2.51% | -12.42% | 3.64% | -3.33% | -30.35% | -26.82% | ||
| 2023 | -15.13% | 16.03% | 11.60% | -13.27% | -34.02% | -3.98% | -10.81% | -1.21% | 12.27% | -8.74% | 86.23% | 23.90% | 25.79% |
| 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% | -68.84% |
| 2021 | 34.29% | 22.92% | 33.12% | 45.98% | -6.88% | 27.61% | -12.10% | 9.81% | 27.11% | -16.58% | -11.28% | 10.66% | 282.99% |
| 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% | -50.16% |
| 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% | -15.92% |
| 2018 | -10.71% | -5.62% | -5.87% | 8.91% | 11.62% | 3.39% | -9.81% | -6.82% | -23.27% | 12.03% | -27.98% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BDRY is 20, indicating that it is in the bottom 20% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Breakwave Dry Bulk Shipping ETF (BDRY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Breakwave Dry Bulk Shipping ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Breakwave Dry Bulk Shipping ETF was 89.16%, occurring on Jul 19, 2023. The portfolio has not yet recovered.
The current Breakwave Dry Bulk Shipping ETF drawdown is 79.62%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -89.16% | Oct 7, 2021 | 447 | Jul 19, 2023 | — | — | — |
| -84.71% | Aug 22, 2018 | 403 | May 13, 2020 | 245 | May 4, 2021 | 648 |
| -26.58% | Mar 23, 2018 | 42 | May 29, 2018 | 44 | Aug 21, 2018 | 86 |
| -23.19% | Jun 17, 2021 | 19 | Jul 14, 2021 | 28 | Aug 23, 2021 | 47 |
| -20.51% | May 11, 2021 | 5 | May 17, 2021 | 18 | Jun 11, 2021 | 23 |
Volatility
Volatility Chart
The current Breakwave Dry Bulk Shipping ETF volatility is 15.52%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.