Breakwave Tanker Shipping ETF

Frequently Asked Questions About BWET

What does BWET invest in?

The Breakwave Tanker Shipping ETF (BWET) is an exchange-traded fund that enables investors to track the daily shifts in indices measuring the prospective cost of crude oil transportation. It grants direct, unlevered access to oil tanker futures, removing the necessity of maintaining a separate futures account.

What is the expense ratio of BWET?

Breakwave Tanker Shipping ETF (BWET) charges an expense ratio of 3.50%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BWET?

Breakwave Tanker Shipping ETF (BWET) manages $134.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BWET actively managed or an index fund?

BWET's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was BWET launched?

Breakwave Tanker Shipping ETF (BWET) launched in May 2023 and is managed by Amplify.

How has BWET performed?

BWET's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.