TTDU vs. BDRY

Last updated Jun 24, 2026

TTDU (T-REX 2X Long TTD Daily Target ETF) and BDRY (Breakwave Dry Bulk Shipping ETF) are both exchange-traded funds - TTDU is a Leveraged Equities fund actively managed by T-Rex, while BDRY is a Commodities fund tracking the Breakwave Dry Freight Futures Index. TTDU is actively managed, while BDRY is passively managed. At a correlation of -0.12, they often move in opposite directions. TTDU charges 1.50%/yr vs 3.76%/yr for BDRY.

Performance

TTDU vs. BDRY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Long TTD Daily Target ETF (TTDU) 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, TTDU achieves a -83.24% return, which is significantly lower than BDRY's 34.21% return.

TTDU

• 1D: -0.74%
• 1M: -38.58%
• YTD: -83.24%
• 6M: -82.86%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BDRY

• 1D: 1.64%
• 1M: -7.14%
• YTD: 34.21%
• 6M: 34.67%
• 1Y: 103.63%
• 3Y*: 24.09%
• 5Y*: -16.41%
• 10Y*: —

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

TTDU vs. BDRY - Yearly Performance Comparison

	2026 (YTD)	2025
TTDU T-REX 2X Long TTD Daily Target ETF	-83.24%	-36.72%
BDRY Breakwave Dry Bulk Shipping ETF	34.21%	9.08%

Correlation

The correlation between TTDU and BDRY is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 17, 2025	-0.12

Return for Risk

TTDU vs. BDRY — Risk / Return Rank

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

TTDU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BDRY

BDRY Risk / Return Rank: 75
BDRY Sharpe Ratio Rank: 82
BDRY Sortino Ratio Rank: 67
BDRY Omega Ratio Rank: 63
BDRY Calmar Ratio Rank: 88
BDRY Martin Ratio Rank: 76

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.

TTDU vs. BDRY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long TTD Daily Target ETF (TTDU) 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.

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.

	TTDU	BDRY	Difference
Sharpe ratio: Return per unit of total volatility	—	2.48	—
Sortino ratio: Return per unit of downside risk	—	2.90	—
Omega ratio: Gain probability vs. loss probability	—	1.36	—
Calmar ratio: Return relative to maximum drawdown	—	4.82	—
Martin ratio: Return relative to average drawdown	—	13.59	—

Drawdowns

TTDU vs. BDRY - Drawdown Comparison

The maximum TTDU drawdown since its inception was -92.45%, roughly equal to the maximum BDRY drawdown of -89.16%. Use the drawdown chart below to compare losses from any high point for TTDU and BDRY.

Drawdown Indicators

	TTDU	BDRY	Difference
Max Drawdown Largest peak-to-trough decline	-92.45%	-89.16%	-3.29%
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	-92.45%	-71.65%	-20.80%
Average Drawdown Average peak-to-trough decline	-61.09%	-58.43%	-2.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.65%	—

Volatility

Volatility by Period

	TTDU	BDRY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.30%	—
Volatility (6M) Calculated over the trailing 6-month period	—	29.14%	—
Volatility (1Y) Calculated over the trailing 1-year period	105.80%	42.10%	+63.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	105.80%	60.24%	+45.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	105.80%	62.40%	+43.40%

TTDU vs. BDRY - Expense Ratio Comparison

TTDU has a 1.50% expense ratio, which is lower than BDRY's 3.76% expense ratio.

Dividends

TTDU vs. BDRY - Dividend Comparison

Neither TTDU nor BDRY has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TTDU and BDRY in my portfolio?

TTDU and BDRY have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TTDU or BDRY?

On fees, TTDU is cheaper at 1.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TTDU or BDRY?

TTDU is cheaper with a 1.50% expense ratio, compared with 3.76% for BDRY.

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

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

What is the main difference between TTDU and BDRY?

TTDU is categorized as Leveraged Equities, while BDRY is Commodities. They also come from different issuers: T-Rex and ETFMG. Their fees differ too: 1.50% for TTDU and 3.76% for BDRY.