
BDRY does not currently pay a dividend.
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The Breakwave Dry Bulk Shipping ETF, or BDRY, is an investment vehicle engineered to track the daily price changes of short-term dry bulk freight futures. It offers investors direct, unleveraged access to the dry bulk shipping market without requiring the establishment of a futures trading account.

Freight ETFs are surging as Middle East disruptions send tanker rates soaring, with BWET up over 3,700% YTD and shipping earnings at record levels.

Breakwave Tanker Shipping ETF BDRY is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and has moved up 92.6% from its 52-week low price of $7.43 per share.

Tech and AI ETFs aren't the only ones surging this year. It has been a special year, and shipping ETFs like the Breakwave Dry Bulk Shipping ETF (NYSEARCA:BDRY) are up nearly 50% year-to-date due to a multitude of megatrends that are unlikely to change for the rest of the year.

Shipping ETFs are riding on elevated freight rates as Middle East disruptions reshape logistics, with BWET SEA posting strong 2026 gains.

Shipping ETFs like BWET surge as Hormuz blockade drives freight rates sky high, outperforming the S&P 500 amid war-fueled volatility.