BWE
BWE
Breakwave Tanker Shipping ETF
Amplify · AMEX
Amplify
AMEXEquities
$158.90
$-6.91-4.17%AUM: $29.2M
Price history
TER
3.50%
High Cost1Y Return
+1378.14%
AUM
$29.2M
About this ETF
The Breakwave Tanker Shipping ETF (BWET) is an exchange-traded fund (ETF) designed to reflect the daily price movements of indices that track the future cost of transporting crude oil. BWET offers investors unlevered exposure to oil tanker futures without the need for a futures account.
Top 10 holdings
Top holdings and sector exposure
#
Issuer
Weight
%
2
TD3C FFA 270kt Middle East Gulf to China USD/MT M May 26
16.04%
3
TD3C FFA 270kt Middle East Gulf to China USD/MT M Jun 26
15.68%
5
TD3C FFA 270kt Middle East Gulf to China USD/MT M Jul 26
11.06%
6
TD3C FFA 270kt Middle East Gulf to China USD/MT M Aug 26
8.26%
7
TD3C FFA 270kt Middle East Gulf to China USD/MT M Sep 26
7.14%
8
TD20 FFA 130kt West Africa to Continent USD/MT M May 26
2.37%
9
TD20 FFA 130kt West Africa to Continent USD/MT M Jul 26
1.35%
10
TD20 FFA 130kt West Africa to Continent USD/MT M Aug 26
1.17%
Quick stats
AUM$29.2M
TER3.50%
1Y Return+1378.14%
Holdings9
52-Week High$216.50
52-Week Low$9.60
Fund profile
Top 10 holdings
Top holdings and sector exposure
#
Issuer
Weight
%
2
TD3C FFA 270kt Middle East Gulf to China USD/MT M May 26
16.04%
3
TD3C FFA 270kt Middle East Gulf to China USD/MT M Jun 26
15.68%
5
TD3C FFA 270kt Middle East Gulf to China USD/MT M Jul 26
11.06%
6
TD3C FFA 270kt Middle East Gulf to China USD/MT M Aug 26
8.26%
7
TD3C FFA 270kt Middle East Gulf to China USD/MT M Sep 26
7.14%
8
TD20 FFA 130kt West Africa to Continent USD/MT M May 26
2.37%
9
TD20 FFA 130kt West Africa to Continent USD/MT M Jul 26
1.35%
10
TD20 FFA 130kt West Africa to Continent USD/MT M Aug 26
1.17%
Frequently Asked Questions
The current price of BWET is $158.90 USD — it has decreased by -4.17% in the past 24 hours.
The monthly change is a -2.72% drop. Over the last year, BWET has showed a +1378.14% increase.
BWET assets under management is $29M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BWET expense ratio is 3.50%. It's an important metric for helping understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
BWET shares are issued by Amplify.
Investors in Latin America can buy foreign ETFs through international and regional brokerage and investment platforms. You simply need a valid government ID or passport to get started.
Yes. Through fractional investing, you can invest exactly the amount you want, starting with as little as $1 or $5 USD (depending on what investment platform you use), and own a proportional piece of the fund.
Many investors in Latin America buy international ETFs like BWET to protect their purchasing power. Because BWET is priced in foreign currency, your investment is tied to a hard currency. If your local currency devalues against the foreign currency, usually USD or Euro, the underlying value of your portfolio remains protected from local inflation.
No. A common misconception is that you need a foreign bank account or a foreign visa to invest in international stocks. Today, modern investment platforms allow you to fund your account using local bank transfers or local payment methods right from your home country.