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BDRY vs. ZIM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

BDRY vs. ZIM - Performance Comparison

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

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Returns By Period

In the year-to-date period, BDRY achieves a 32.04% return, which is significantly higher than ZIM's 23.05% return.


BDRY

1D
0.09%
1M
-8.64%
YTD
32.04%
6M
30.41%
1Y
102.09%
3Y*
23.42%
5Y*
-16.12%
10Y*

ZIM

1D
3.82%
1M
0.12%
YTD
23.05%
6M
31.40%
1Y
61.18%
3Y*
52.37%
5Y*
18.83%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

BDRY vs. ZIM - Yearly Performance Comparison


2026 (YTD)20252024202320222021
BDRY
Breakwave Dry Bulk Shipping ETF
32.04%44.24%-47.40%25.79%-68.84%194.24%
ZIM
ZIM Integrated Shipping Services Ltd.
23.05%28.11%176.93%-21.06%-52.70%463.11%

Correlation

The correlation between BDRY and ZIM is 0.01, 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

0.01

Correlation (3Y)
Calculated over the trailing 3-year period

0.03

Correlation (5Y)
Calculated over the trailing 5-year period

0.07

Correlation (All Time)
Calculated using the full available price history since Jan 28, 2021

0.10

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Return for Risk

BDRY vs. ZIM — Risk / Return Rank

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

BDRY
BDRY Risk / Return Rank: 7373
Overall Rank
BDRY Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
BDRY Sortino Ratio Rank: 6565
Sortino Ratio Rank
BDRY Omega Ratio Rank: 6060
Omega Ratio Rank
BDRY Calmar Ratio Rank: 8787
Calmar Ratio Rank
BDRY Martin Ratio Rank: 7474
Martin Ratio Rank

ZIM
ZIM Risk / Return Rank: 7777
Overall Rank
ZIM Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
ZIM Sortino Ratio Rank: 8080
Sortino Ratio Rank
ZIM Omega Ratio Rank: 7676
Omega Ratio Rank
ZIM Calmar Ratio Rank: 7676
Calmar Ratio Rank
ZIM Martin Ratio Rank: 7777
Martin Ratio Rank
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. ZIM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Breakwave Dry Bulk Shipping ETF (BDRY) and ZIM Integrated Shipping Services Ltd. (ZIM). 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.


BDRYZIMDifference
Sharpe ratioReturn per unit of total volatility

+1.27

Sortino ratioReturn per unit of downside risk

+0.66

Omega ratioGain probability vs. loss probability

1.36

1.26

+0.10

Calmar ratioReturn relative to maximum drawdown

4.75

2.06

+2.69

Martin ratioReturn relative to average drawdown

13.45

5.18

+8.27

BDRY vs. ZIM - Sharpe Ratio Comparison

The current BDRY Sharpe Ratio is 2.44, which is higher than the ZIM Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of BDRY and ZIM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

BDRY vs. ZIM - Drawdown Comparison

The maximum BDRY drawdown since its inception was -89.16%, which is greater than ZIM's maximum drawdown of -84.68%. Use the drawdown chart below to compare losses from any high point for BDRY and ZIM.


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Drawdown Indicators


BDRYZIMDifference

Max Drawdown

Largest peak-to-trough decline

-89.16%

-84.68%

-4.48%

Max Drawdown (1Y)

Largest decline over 1 year

-21.60%

-29.84%

+8.24%

Max Drawdown (3Y)

Largest decline over 3 years

-69.71%

-57.12%

-12.59%

Max Drawdown (5Y)

Largest decline over 5 years

-89.16%

-84.68%

-4.48%

Current Drawdown

Current decline from peak

-72.10%

-11.49%

-60.61%

Average Drawdown

Average peak-to-trough decline

-58.42%

-39.77%

-18.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.62%

11.85%

-4.23%

Volatility

BDRY vs. ZIM - Volatility Comparison

The current volatility for Breakwave Dry Bulk Shipping ETF (BDRY) is 7.86%, while ZIM Integrated Shipping Services Ltd. (ZIM) has a volatility of 11.94%. This indicates that BDRY experiences smaller price fluctuations and is considered to be less risky than ZIM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BDRYZIMDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.86%

11.94%

-4.08%

Volatility (6M)

Calculated over the trailing 6-month period

29.21%

36.70%

-7.49%

Volatility (1Y)

Calculated over the trailing 1-year period

42.17%

52.54%

-10.37%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

60.25%

65.74%

-5.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

62.41%

67.49%

-5.08%

Dividends

BDRY vs. ZIM - Dividend Comparison

BDRY has not paid dividends to shareholders, while ZIM's dividend yield for the trailing twelve months is around 4.95%.


PositionTTM20252024202320222021
BDRY
Breakwave Dry Bulk Shipping ETF
0.00%0.00%0.00%0.00%0.00%0.00%
ZIM
ZIM Integrated Shipping Services Ltd.
4.95%20.16%22.40%64.84%160.27%7.65%

Frequently Asked Questions


BDRY and ZIM have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ZIM has higher volatility (11.94%) compared to BDRY (7.86%). In terms of maximum drawdown, BDRY dropped -89.16% vs ZIM's -84.68%.

BDRY currently has the higher Sharpe Ratio (2.44 vs 1.17), 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.

Portfolio Optimizer

Find the right allocation for BDRY and ZIM

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