BDRY vs. MJUS

Last updated Apr 2, 2026

Compare and contrast key facts about Breakwave Dry Bulk Shipping ETF (BDRY) and ETFMG U.S. Alternative Harvest ETF (MJUS).

BDRY and MJUS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BDRY is a passively managed fund by ETFMG that tracks the performance of the Breakwave Dry Freight Futures Index. It was launched on Mar 22, 2018. MJUS is an actively managed fund by ETFMG. It was launched on May 12, 2021.

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.

BDRY vs. MJUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BDRY Breakwave Dry Bulk Shipping ETF	17.73%	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%

Returns By Period

BDRY

• 1D: 3.56%
• 1M: -15.51%
• YTD: 17.73%
• 6M: 36.21%
• 1Y: 58.85%
• 3Y*: 0.74%
• 5Y*: -10.45%
• 10Y*: —

MJUS

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

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

BDRY vs. MJUS - Expense Ratio Comparison

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

BDRY

Breakwave Dry Bulk Shipping ETF

MJUS

ETFMG U.S. Alternative Harvest ETF

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: 72
BDRY Sharpe Ratio Rank: 73
BDRY Sortino Ratio Rank: 73
BDRY Omega Ratio Rank: 60
BDRY Calmar Ratio Rank: 89
BDRY Martin Ratio Rank: 63

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	1.38	—	—
Sortino ratio Return per unit of downside risk	1.90	—	—
Omega ratio Gain probability vs. loss probability	1.23	—	—
Calmar ratio Return relative to maximum drawdown	3.02	—	—
Martin ratio Return relative to average drawdown	6.67	—	—
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	1.38	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.17	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	—	—

Correlation

The correlation between BDRY and MJUS is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

BDRY vs. MJUS - Dividend Comparison

Neither BDRY nor MJUS has paid dividends to shareholders.

Tickers have no history of dividend payments

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 (5Y) Largest decline over 5 years	-89.16%	—	—
Current Drawdown Current decline from peak	-75.13%	—	—
Average Drawdown Average peak-to-trough decline	-58.11%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	9.78%	—	—

Volatility

Volatility by Period

	BDRY	MJUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.25%	—	—
Volatility (6M) Calculated over the trailing 6-month period	30.79%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	43.07%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.12%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.97%	—	—