BDRY vs. AWAY
BDRY (Breakwave Dry Bulk Shipping ETF) and AWAY (ETFMG Travel Tech ETF) are both exchange-traded funds - BDRY is a Commodities fund tracking the Breakwave Dry Freight Futures Index, while AWAY is a Consumer Discretionary Equities fund tracking the Prime Travel Technology Index. Both are passively managed. Over the past 5 years, BDRY returned -12.25%/yr vs -6.60%/yr for AWAY. Their 0.06 correlation means their historical movements had little consistent relationship. BDRY charges 3.76%/yr vs 0.75%/yr for AWAY.
Performance
BDRY vs. AWAY - Performance Comparison
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Returns By Period
In the year-to-date period, BDRY achieves a 53.02% return, which is significantly higher than AWAY's -6.65% return.
BDRY
- 1D
- 0.45%
- 1M
- 9.37%
- 6M
- 16.39%
- YTD
- 53.02%
- 1Y
- 79.89%
- 3Y*
- 39.44%
- 5Y*
- -12.25%
- 10Y*
- —
- ALL TIME*
- -7.35%
AWAY
- 1D
- 0.26%
- 1M
- 4.28%
- 6M
- -0.46%
- YTD
- -6.65%
- 1Y
- -7.46%
- 3Y*
- 1.65%
- 5Y*
- -6.60%
- 10Y*
- —
- ALL TIME*
- -3.87%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $68.25K | $64.10K | $126.83K | |
| $397.41K | $463.93K | $806.29K |
BDRY vs. AWAY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BDRY Breakwave Dry Bulk Shipping ETF | 53.02% | 44.24% | -47.40% | 25.79% | -68.84% | 282.99% | -18.09% |
AWAY ETFMG Travel Tech ETF | -6.65% | -3.36% | 10.44% | 17.94% | -32.25% | -5.91% | 3.47% |
Correlation
The correlation between BDRY and AWAY is -0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.06 |
Correlation (3Y) Balances recent behavior with more history. | 0.00 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.01 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 2020 | 0.06 |
The correlation between BDRY and AWAY shifts across timeframes, from -0.06 (1 year) to 0.06 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
BDRY vs. AWAY — Risk / Return Rank
BDRY
AWAY
BDRY vs. AWAY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Breakwave Dry Bulk Shipping ETF (BDRY) and ETFMG Travel Tech ETF (AWAY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BDRY | AWAY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.46 | ||
| Sortino ratioReturn per unit of downside risk | +2.97 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 0.95 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 3.79 | -0.28 | +4.07 |
| Martin ratioReturn relative to average drawdown | 10.30 | -0.50 | +10.81 |
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Drawdowns
BDRY vs. AWAY - Drawdown Comparison
The maximum BDRY drawdown since its inception was -89.16%, which is greater than AWAY's maximum drawdown of -56.57%. Use the drawdown chart below to compare losses from any high point for BDRY and AWAY.
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Drawdown Indicators
| BDRY | AWAY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.16% | -56.57% | -32.59% |
Max Drawdown (1Y)Largest decline over 1 year | -21.60% | -32.83% | +11.23% |
Max Drawdown (3Y)Largest decline over 3 years | -69.71% | -32.83% | -36.88% |
Max Drawdown (5Y)Largest decline over 5 years | -89.16% | -49.10% | -40.06% |
Current DrawdownCurrent decline from peak | -67.67% | -43.69% | -23.98% |
Average DrawdownAverage peak-to-trough decline | -58.58% | -36.49% | -22.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.92% | 18.39% | -10.47% |
Volatility
BDRY vs. AWAY - Volatility Comparison
Breakwave Dry Bulk Shipping ETF (BDRY) has a higher volatility of 10.70% compared to ETFMG Travel Tech ETF (AWAY) at 7.70%. This indicates that BDRY's price experiences larger fluctuations and is considered to be riskier than AWAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BDRY | AWAY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.70% | 7.70% | +3.00% |
Volatility (6M)Calculated over the trailing 6-month period | 28.10% | 19.56% | +8.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.11% | 23.14% | +16.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.80% | 26.87% | +32.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.13% | 31.65% | +30.48% |
BDRY vs. AWAY - Expense Ratio Comparison
BDRY has a 3.76% expense ratio, which is higher than AWAY's 0.75% expense ratio.
Dividends
BDRY vs. AWAY - Dividend Comparison
Neither BDRY nor AWAY 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
BDRY and AWAY have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BDRY has higher volatility (10.70%) compared to AWAY (7.70%). In terms of maximum drawdown, BDRY dropped -89.16% vs AWAY's -56.57%.
On 5-year performance, AWAY leads with -6.60% vs -12.25% for BDRY. On fees, AWAY is cheaper at 0.75% per year. On volatility, AWAY has been the lower-risk option at 7.70%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, AWAY has performed better with a -6.60% return vs -12.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AWAY is cheaper with a 0.75% expense ratio, compared with 3.76% for BDRY.
BDRY and AWAY have nearly identical dividend yields, around 0.00%.
BDRY is categorized as Commodities, while AWAY is Consumer Discretionary Equities. BDRY tracks Breakwave Dry Freight Futures Index, while AWAY tracks Prime Travel Technology Index. Their fees differ too: 3.76% for BDRY and 0.75% for AWAY.
BDRY currently has the higher Sharpe Ratio (2.06 vs -0.40), 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.
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