{
 "ticker": "BDRY",
 "name": "Breakwave Dry Bulk Shipping ETF",
 "issuer": "Breakwave",
 "desk": "core",
 "url": "https://etfiq.com/funds/bdry",
 "html": "https://etfiq.com/funds/bdry",
 "markdown": "https://etfiq.com/funds/bdry.md",
 "as_of": "2026-10-14",
 "verdict": "BDRY holds freight futures and returned +53.4% over the past year.",
 "lead": "BDRY returned +53.4% over the year to Oct 14, 2026, charges 4.12% a year and holds $27m in net assets on Oct 14, 2026.",
 "category": {
  "id": "commodities",
  "name": "Commodities",
  "label": "Commodity ETFs",
  "url": "https://etfiq.com/commodities/",
  "group": {
   "id": "commodities",
   "name": "Commodities"
  },
  "segment": {
   "id": "commodities-focused",
   "name": "Single commodity or commodity sector",
   "url": "https://etfiq.com/commodities/focused/"
  },
  "status": "classified",
  "as_of": "2026-10-15",
  "method": "https://etfiq.com/methodology/categories"
 },
 "key_facts": [
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+53.4%",
   "source": null,
   "as_of": "2026-10-14",
   "sentence": "BDRY, total return, 1 year: +53.4%, as of Oct 14, 2026."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "4.12%",
   "source": null,
   "as_of": "2026-10-14",
   "sentence": "BDRY, expense ratio: 4.12%, as of Oct 14, 2026."
  },
  {
   "key": "contracts",
   "label": "Contracts (10-K, Jun 30, 2026)",
   "value": "9",
   "source": "10-K, Jun 30, 2026",
   "as_of": "2026-10-14",
   "sentence": "BDRY, contracts (10-K, Jun 30, 2026): 9, as of Oct 14, 2026."
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u221269.7%",
   "source": null,
   "as_of": "2026-10-14",
   "sentence": "BDRY, below its high: \u221269.7%, as of Oct 14, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$27m",
   "source": "issuer page, as of Oct 14, 2026",
   "as_of": "2026-10-14",
   "sentence": "BDRY, net assets: $27m (issuer page, as of Oct 14, 2026)."
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "Its own holdings, as of Jun 30, 2026; its 10-K sets it against the BDRY Benchmark Portfolio, a futures portfolio its adviser maintains, not an index; it is measured by its own holdings and compared with no other fund",
   "source": "ETFIQ, from its filings",
   "as_of": "2026-10-14",
   "sentence": "BDRY, benchmark: Its own holdings, as of Jun 30, 2026; its 10-K sets it against the BDRY Benchmark Portfolio, a futures portfolio its adviser maintains, not an index; it is measured by its own holdings and compared with no other fund (ETFIQ, from its filings)."
  }
 ],
 "fields": [
  {
   "key": "what_it_holds",
   "label": "What it holds",
   "value": "Freight futures",
   "source": null
  },
  {
   "key": "fund_type",
   "label": "Fund type",
   "value": "Commodity fund",
   "source": null
  },
  {
   "key": "category",
   "label": "Category",
   "value": "Commodities \u00b7 Single commodity or commodity sector",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio_year_to_jun_30_2026",
   "label": "Expense ratio, year to Jun 30, 2026",
   "value": "4.12%",
   "source": "10-K, Sep 25, 2026"
  },
  {
   "key": "price",
   "label": "Price",
   "value": "$12.58",
   "source": null
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Mar 22, 2018",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$27m",
   "source": "issuer page, as of Oct 14, 2026"
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "Its own holdings, as of Jun 30, 2026; its 10-K sets it against the BDRY Benchmark Portfolio, a futures portfolio its adviser maintains, not an index; it is measured by its own holdings and compared with no other fund",
   "source": "ETFIQ, from its filings"
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u221269.7%",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Total return": "\u221217.8%"
  },
  {
   "window": "3 months",
   "Total return": "\u22122.0%"
  },
  {
   "window": "6 months",
   "Total return": "+10.3%"
  },
  {
   "window": "Year to date",
   "Total return": "+43.4%"
  },
  {
   "window": "1 year",
   "Total return": "+53.4%"
  },
  {
   "window": "3 years",
   "Total return": "+114.3%"
  },
  {
   "window": "5 years",
   "Total return": "\u221264.4%"
  },
  {
   "window": "Since launch",
   "Total return": "\u221250.7%"
  },
  {
   "window": "Since launch, annualised",
   "Total return": "\u22127.9%"
  }
 ],
 "questions": [
  {
   "q": "How has BDRY performed?",
   "a": "Over the year to Oct 14, 2026, BDRY returned +53.4% with distributions reinvested. Over three years the figure is +114.3%."
  },
  {
   "q": "What does BDRY cost?",
   "a": "Its expense ratio is 4.12%, for the year to Jun 30, 2026, as its 10-K states."
  },
  {
   "q": "How far is BDRY below its high?",
   "a": "69.7% below its high of Oct 6, 2021, measured on the reinvested series to Oct 14, 2026."
  }
 ],
 "flows": {
  "as_of": "2026-10-14",
  "coverage": "daily",
  "computed_by": "ETFIQ, from the change in shares outstanding times the previous day\u2019s NAV",
  "method": "https://etfiq.com/methodology/flows",
  "data": "https://etfiq.com/data/flows/funds/bdry.json",
  "windows": [
   {
    "window": "1 day",
    "from": "2026-10-14",
    "to": "2026-10-14",
    "net_flow_usd": 0,
    "net_flow": "$0",
    "round_trip_usd": 0,
    "days_counted": 1,
    "trading_days": 1
   }
  ],
  "daily_counts_start": "2026-10-12",
  "windows_without_daily_figure": [
   "1 week",
   "1 month",
   "3 months",
   "Year to date",
   "1 year"
  ]
 },
 "generated": "2026-10-15",
 "license": "https://etfiq.com/license/",
 "license_text": "Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, BDRY, commodity fund, data as of Oct 14, 2026. https://etfiq.com/funds/bdry"
}