BDRY vs. MJUS

Last updated Jun 4, 2026

BDRY (Breakwave Dry Bulk Shipping ETF) and MJUS (ETFMG U.S. Alternative Harvest ETF) are both exchange-traded funds - BDRY is a Commodities fund tracking the Breakwave Dry Freight Futures Index, while MJUS is a Cannabis fund actively managed by ETFMG. BDRY is passively managed, while MJUS is actively managed. At a correlation of -0.04, they often move in opposite directions. BDRY charges 3.76%/yr vs 0.75%/yr for MJUS.

Performance

BDRY vs. MJUS - Performance Comparison

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

Returns By Period

BDRY

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

MJUS

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BDRY vs. MJUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BDRY Breakwave Dry Bulk Shipping ETF	43.90%	44.24%	-47.40%	25.79%	-68.84%	23.08%
MJUS ETFMG U.S. Alternative Harvest ETF	0.00%	0.00%	27.88%	-17.41%	-66.89%	-39.41%

Correlation

The correlation between BDRY and MJUS is -0.04, 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 (3Y) Calculated over the trailing 3-year period	-0.05
Correlation (5Y) Calculated over the trailing 5-year period	-0.03
Correlation (All Time) Calculated using the full available price history since May 14, 2021	-0.04

BDRY vs. MJUS - Sectors Allocation Comparison

Sectors	BDRY	MJUS
Financial Services	3.1%	4.7%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	0.8%
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	14.1%
Industrials	-	-
Real Estate	-	1.6%
Technology	-	3.6%
Utilities	-	-

Return for Risk

BDRY vs. MJUS — Risk / Return Rank

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

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.

BDRY vs. MJUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Breakwave Dry Bulk Shipping ETF (BDRY) and ETFMG U.S. Alternative Harvest ETF (MJUS). 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.

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

Sharpe Ratios by Period

	BDRY	MJUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.40	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.19	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.13	—	—

Drawdowns

Drawdown Indicators

	BDRY	MJUS	Difference
Max Drawdown Largest peak-to-trough decline	-89.16%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-21.60%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-69.71%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-89.16%	—	—
Current Drawdown Current decline from peak	-69.60%	—	—
Average Drawdown Average peak-to-trough decline	-58.38%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	7.40%	—	—

Volatility

Volatility by Period

	BDRY	MJUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.26%	—	—
Volatility (6M) Calculated over the trailing 6-month period	30.02%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	42.29%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.70%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.58%	—	—

BDRY vs. MJUS - Expense Ratio Comparison

BDRY has a 3.76% expense ratio, which is higher than MJUS's 0.75% expense ratio.

Dividends

BDRY vs. MJUS - Dividend Comparison

Neither BDRY nor MJUS has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BDRY and MJUS in my portfolio?

BDRY and MJUS have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BDRY or MJUS?

On fees, MJUS is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BDRY or MJUS?

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

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

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

What is the main difference between BDRY and MJUS?

BDRY is categorized as Commodities, while MJUS is Cannabis. Their fees differ too: 3.76% for BDRY and 0.75% for MJUS.