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Breakwave Dry Bulk Shipping ETF (BDRY)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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

Share Price Chart


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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. BOAT BDRY vs. ^GSPC BDRY vs. NVDA BDRY vs. SPY BDRY vs. VOO BDRY vs. NASDX BDRY vs. ZIM BDRY vs. UPS BDRY vs. QQQ
Popular comparisons:
BDRY vs. SAFE BDRY vs. BOAT BDRY vs. ^GSPC 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.


-50.00%0.00%50.00%100.00%JuneJulyAugustSeptemberOctoberNovember
-71.66%
125.80%
BDRY (Breakwave Dry Bulk Shipping ETF)
Benchmark (^GSPC)

Returns By Period

Breakwave Dry Bulk Shipping ETF had a return of -37.46% year-to-date (YTD) and -3.86% in the last 12 months.


BDRY

YTD

-37.46%

1M

-8.83%

6M

-41.03%

1Y

-3.86%

5Y (annualized)

-16.53%

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

25.15%

1M

2.74%

6M

12.53%

1Y

30.93%

5Y (annualized)

13.79%

10Y (annualized)

11.18%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-2.77%35.68%-9.11%-8.30%-6.06%2.51%-12.42%3.64%-3.33%-30.35%-37.46%
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%
202134.29%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%

Expense Ratio

BDRY has a high expense ratio of 3.76%, indicating higher-than-average management fees.


Expense ratio chart for BDRY: current value at 3.76% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%3.76%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of BDRY is 9, indicating that it is in the bottom 9% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of BDRY is 99
Combined Rank
The Sharpe Ratio Rank of BDRY is 88
Sharpe Ratio Rank
The Sortino Ratio Rank of BDRY is 1212
Sortino Ratio Rank
The Omega Ratio Rank of BDRY is 1111
Omega Ratio Rank
The Calmar Ratio Rank of BDRY is 99
Calmar Ratio Rank
The Martin Ratio Rank of BDRY is 77
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for BDRY, currently valued at 0.16, compared to the broader market0.002.004.000.162.53
The chart of Sortino ratio for BDRY, currently valued at 0.67, compared to the broader market-2.000.002.004.006.008.0010.0012.000.673.39
The chart of Omega ratio for BDRY, currently valued at 1.08, compared to the broader market0.501.001.502.002.503.001.081.47
The chart of Calmar ratio for BDRY, currently valued at 0.11, compared to the broader market0.005.0010.0015.000.113.65
The chart of Martin ratio for BDRY, currently valued at 0.31, compared to the broader market0.0020.0040.0060.0080.00100.000.3116.21
BDRY
^GSPC

The current Breakwave Dry Bulk Shipping ETF Sharpe ratio is 0.16. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Breakwave Dry Bulk Shipping ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
0.16
2.53
BDRY (Breakwave Dry Bulk Shipping ETF)
Benchmark (^GSPC)

Dividends

Dividend History


Breakwave Dry Bulk Shipping ETF doesn't pay dividends

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.


-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-82.58%
-0.53%
BDRY (Breakwave Dry Bulk Shipping ETF)
Benchmark (^GSPC)

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 82.58%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-89.16%Oct 7, 2021447Jul 19, 2023
-84.71%Aug 22, 2018403May 13, 2020245May 4, 2021648
-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

Volatility

Volatility Chart

The current Breakwave Dry Bulk Shipping ETF volatility is 14.11%, 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.


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
14.11%
3.97%
BDRY (Breakwave Dry Bulk Shipping ETF)
Benchmark (^GSPC)