AWAY vs. BDRY

Last updated Jun 4, 2026

AWAY (ETFMG Travel Tech ETF) and BDRY (Breakwave Dry Bulk Shipping ETF) are both exchange-traded funds - AWAY is a Consumer Discretionary Equities fund tracking the Prime Travel Technology Index, while BDRY is a Commodities fund tracking the Breakwave Dry Freight Futures Index. Both are passively managed. Over the past 5 years, AWAY returned -11.20%/yr vs -11.69%/yr for BDRY. At a 0.06 correlation, their price movements are largely independent. AWAY charges 0.75%/yr vs 3.76%/yr for BDRY.

Performance

AWAY vs. BDRY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETFMG Travel Tech ETF (AWAY) and Breakwave Dry Bulk Shipping ETF (BDRY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AWAY achieves a -16.40% return, which is significantly lower than BDRY's 43.90% return.

AWAY

• 1D: -2.20%
• 1M: -1.42%
• YTD: -16.40%
• 6M: -17.29%
• 1Y: -18.42%
• 3Y*: 0.30%
• 5Y*: -11.20%
• 10Y*: —

BDRY

• 1D: -2.47%
• 1M: 7.04%
• YTD: 43.90%
• 6M: 35.70%
• 1Y: 142.69%
• 3Y*: 27.14%
• 5Y*: -11.69%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AWAY vs. BDRY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
AWAY ETFMG Travel Tech ETF	-16.40%	-3.36%	10.44%	17.94%	-32.25%	-5.91%	4.41%
BDRY Breakwave Dry Bulk Shipping ETF	43.90%	44.24%	-47.40%	25.79%	-68.84%	282.99%	-15.75%

Correlation

The correlation between AWAY and BDRY is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.01
Correlation (5Y) Calculated over the trailing 5-year period	0.02
Correlation (All Time) Calculated using the full available price history since Feb 14, 2020	0.06

The correlation between AWAY and BDRY shifts across timeframes, from -0.05 (1 year) to 0.06 (all time), reflecting how their relationship changes across market environments.

AWAY vs. BDRY - Sectors Allocation Comparison

Sectors	AWAY	BDRY
Consumer Cyclical	63.7%	-
Technology	30.0%	-
Communication Services	4.0%	-
Industrials	1.0%	-
Financial Services	0.2%	3.1%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

AWAY vs. BDRY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AWAY

AWAY Risk / Return Rank: 3
AWAY Sharpe Ratio Rank: 2
AWAY Sortino Ratio Rank: 3
AWAY Omega Ratio Rank: 3
AWAY Calmar Ratio Rank: 4
AWAY Martin Ratio Rank: 3

BDRY

BDRY Risk / Return Rank: 85
BDRY Sharpe Ratio Rank: 92
BDRY Sortino Ratio Rank: 79
BDRY Omega Ratio Rank: 74
BDRY Calmar Ratio Rank: 93
BDRY Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AWAY vs. BDRY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETFMG Travel Tech ETF (AWAY) and Breakwave Dry Bulk Shipping ETF (BDRY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AWAY	BDRY	Difference
Sharpe ratio: Return per unit of total volatility	-0.83	3.40	-4.22
Sortino ratio: Return per unit of downside risk	-1.07	3.58	-4.65
Omega ratio: Gain probability vs. loss probability	0.88	1.45	-0.57
Calmar ratio: Return relative to maximum drawdown	-0.56	6.65	-7.21
Martin ratio: Return relative to average drawdown	-1.13	19.36	-20.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AWAY vs. BDRY - Sharpe Ratio Comparison

The current AWAY Sharpe Ratio is -0.83, which is lower than the BDRY Sharpe Ratio of 3.40. The chart below compares the historical Sharpe Ratios of AWAY and BDRY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AWAY	BDRY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.83	3.40	-4.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.42	-0.19	-0.23
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	-0.13	-0.04

Drawdowns

AWAY vs. BDRY - Drawdown Comparison

The maximum AWAY drawdown since its inception was -56.57%, smaller than the maximum BDRY drawdown of -89.16%. Use the drawdown chart below to compare losses from any high point for AWAY and BDRY.

Drawdown Indicators

	AWAY	BDRY	Difference
Max Drawdown Largest peak-to-trough decline	-56.57%	-89.16%	+32.59%
Max Drawdown (1Y) Largest decline over 1 year	-32.83%	-21.60%	-11.23%
Max Drawdown (3Y) Largest decline over 3 years	-32.83%	-69.71%	+36.88%
Max Drawdown (5Y) Largest decline over 5 years	-52.49%	-89.16%	+36.67%
Current Drawdown Current decline from peak	-49.57%	-69.60%	+20.03%
Average Drawdown Average peak-to-trough decline	-36.15%	-58.38%	+22.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.33%	7.40%	+8.93%

Volatility

AWAY vs. BDRY - Volatility Comparison

The current volatility for ETFMG Travel Tech ETF (AWAY) is 7.18%, while Breakwave Dry Bulk Shipping ETF (BDRY) has a volatility of 11.26%. This indicates that AWAY experiences smaller price fluctuations and is considered to be less risky than BDRY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AWAY	BDRY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.18%	11.26%	-4.08%
Volatility (6M) Calculated over the trailing 6-month period	17.95%	30.02%	-12.07%
Volatility (1Y) Calculated over the trailing 1-year period	22.36%	42.29%	-19.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.82%	60.70%	-33.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.81%	62.58%	-30.77%

AWAY vs. BDRY - Expense Ratio Comparison

AWAY has a 0.75% expense ratio, which is lower than BDRY's 3.76% expense ratio.

Dividends

AWAY vs. BDRY - Dividend Comparison

Neither AWAY nor BDRY has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
AWAY ETFMG Travel Tech ETF	0.00%	0.00%	0.28%	0.00%	0.00%	0.00%	0.04%
BDRY Breakwave Dry Bulk Shipping ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AWAY and BDRY in my portfolio?

AWAY and BDRY have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AWAY or BDRY?

BDRY has higher volatility (11.26%) compared to AWAY (7.18%). In terms of maximum drawdown, AWAY dropped -56.57% vs BDRY's -89.16%.

Which ETF is better, AWAY or BDRY?

On 5-year performance, AWAY leads with -11.20% vs -11.69% for BDRY. On fees, AWAY is cheaper at 0.75% per year. On volatility, AWAY has been the lower-risk option at 7.18%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AWAY or BDRY?

Over the 5-year period, AWAY has performed better with a -11.20% return vs -11.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AWAY or BDRY?

AWAY is cheaper with a 0.75% expense ratio, compared with 3.76% for BDRY.

Which ETF pays a higher dividend yield, AWAY or BDRY?

AWAY and BDRY have nearly identical dividend yields, around 0.00%.

What is the main difference between AWAY and BDRY?

AWAY is categorized as Consumer Discretionary Equities, while BDRY is Commodities. AWAY tracks Prime Travel Technology Index, while BDRY tracks Breakwave Dry Freight Futures Index. Their fees differ too: 0.75% for AWAY and 3.76% for BDRY.

Which has better risk-adjusted returns?

BDRY currently has the higher Sharpe Ratio (3.40 vs -0.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.