{
 "ticker": "BWET",
 "name": "Breakwave Tanker Shipping ETF",
 "issuer": "Breakwave",
 "desk": "core",
 "url": "https://etfiq.com/funds/bwet",
 "html": "https://etfiq.com/funds/bwet",
 "markdown": "https://etfiq.com/funds/bwet.md",
 "as_of": "2026-10-28",
 "verdict": "BWET holds tanker freight futures and returned +5,121.7% over the past year.",
 "lead": "BWET returned +5,121.7% over the year to Oct 28, 2026, charges 4.68% a year and holds $178m in net assets on Oct 28, 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": "2026-10-29",
  "method": "https://etfiq.com/methodology/categories"
 },
 "promise": {
  "badge": null,
  "label": "Not measured",
  "category": "commodities",
  "sentence": "it names no index it tracks",
  "figure": null,
  "unit": null,
  "from": null,
  "to": null,
  "url": "https://etfiq.com/promise-index/commodities/"
 },
 "key_facts": [
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+5,121.7%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-10-28",
   "sentence": "BWET, total return, 1 year: +5,121.7%, as of Oct 28, 2026.",
   "cite": {
    "value": "+5,121.7%",
    "as_of": "2026-10-28",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/bwet#fact-total-return-1-year",
    "text": "BWET, total return, 1 year: +5,121.7%, as of Oct 28, 2026."
   }
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "4.68%",
   "source": null,
   "as_of": "2026-10-28",
   "sentence": "BWET, expense ratio: 4.68%, as of Oct 28, 2026.",
   "cite": {
    "value": "4.68%",
    "as_of": "2026-10-28",
    "source": null,
    "url": "https://etfiq.com/funds/bwet#fact-expense-ratio",
    "text": "BWET, expense ratio: 4.68%, as of Oct 28, 2026."
   }
  },
  {
   "key": "futures_contracts_with_collateral",
   "label": "Futures contracts, with collateral (Amplify daily holdings, Oct 28, 2026)",
   "value": "12",
   "source": "Amplify daily holdings, Oct 28, 2026",
   "as_of": "2026-10-28",
   "sentence": "BWET, futures contracts, with collateral (Amplify daily holdings, Oct 28, 2026): 12, as of Oct 28, 2026.",
   "cite": {
    "value": "12",
    "as_of": "2026-10-28",
    "source": "Amplify daily holdings, Oct 28, 2026",
    "url": "https://etfiq.com/funds/bwet#fact-futures-contracts-with-collateral",
    "text": "BWET, futures contracts, with collateral (Amplify daily holdings, Oct 28, 2026): 12, as of Oct 28, 2026."
   }
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u221211.2%",
   "source": "ETFIQ",
   "as_of": "2026-10-28",
   "sentence": "BWET, below its high: \u221211.2%, as of Oct 28, 2026.",
   "cite": {
    "value": "\u221211.2%",
    "as_of": "2026-10-28",
    "source": "ETFIQ",
    "url": "https://etfiq.com/funds/bwet#fact-below-its-high",
    "text": "BWET, below its high: \u221211.2%, as of Oct 28, 2026."
   }
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$178m",
   "source": "issuer page, as of Oct 28, 2026",
   "as_of": "2026-10-28",
   "sentence": "BWET, net assets: $178m (issuer page, as of Oct 28, 2026).",
   "cite": {
    "value": "$178m",
    "as_of": "2026-10-28",
    "source": "issuer page, as of Oct 28, 2026",
    "url": "https://etfiq.com/funds/bwet#fact-net-assets",
    "text": "BWET, net assets: $178m (issuer page, as of Oct 28, 2026)."
   }
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "Its own holdings, as of Jun 30, 2026; its 10-K sets it against the BWET 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": "2026-10-28",
   "sentence": "BWET, benchmark: Its own holdings, as of Jun 30, 2026; its 10-K sets it against the BWET 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).",
   "cite": {
    "value": "Its own holdings, as of Jun 30, 2026; its 10-K sets it against the BWET Benchmark Portfolio, a futures portfolio its adviser maintains, not an index; it is measured by its own holdings and compared with no other fund",
    "as_of": "2026-10-28",
    "source": "ETFIQ, from its filings",
    "url": "https://etfiq.com/funds/bwet#fact-benchmark",
    "text": "BWET, benchmark: Its own holdings, as of Jun 30, 2026; its 10-K sets it against the BWET 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": "Tanker 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": "4.68%",
   "source": "10-K, Sep 25, 2026"
  },
  {
   "key": "price",
   "label": "Price",
   "value": "$898.92",
   "source": null
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "May 3, 2023",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$178m",
   "source": "issuer page, as of Oct 28, 2026"
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "Its own holdings, as of Jun 30, 2026; its 10-K sets it against the BWET 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": "\u221211.2%",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Total return": "+23.1%"
  },
  {
   "window": "3 months",
   "Total return": "+249.8%"
  },
  {
   "window": "6 months",
   "Total return": "+483.8%"
  },
  {
   "window": "Year to date",
   "Total return": "+4,566.2%"
  },
  {
   "window": "1 year",
   "Total return": "+5,121.7%"
  },
  {
   "window": "3 years",
   "Total return": "+4,853.6%"
  },
  {
   "window": "Since launch",
   "Total return": "+6,353.1%"
  },
  {
   "window": "Since launch, annualised",
   "Total return": "+230.0%"
  }
 ],
 "questions": [
  {
   "q": "How has BWET performed?",
   "a": "Over the year to Oct 28, 2026, BWET returned +5,121.7% with distributions reinvested. Over three years the number is +4,853.6%."
  },
  {
   "q": "What does BWET cost?",
   "a": "Its expense ratio is 4.68%, for the year to Jun 30, 2026, as its 10-K states."
  },
  {
   "q": "How far is BWET below its high?",
   "a": "11.2% below its high of Oct 8, 2026, measured on the reinvested series to Oct 28, 2026."
  }
 ],
 "key_stats": [
  {
   "key": "high52",
   "label": "52-week high, daily closes to Oct 28, 2026",
   "value": "$1,012.75 on Oct 8, 2026",
   "as_of": "2026-10-08",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 1012.75,
   "window": {
    "from": "2025-10-29",
    "to": "2026-10-28"
   }
  },
  {
   "key": "low52",
   "label": "52-week low, daily closes to Oct 28, 2026",
   "value": "$17.86 on Nov 5, 2025",
   "as_of": "2025-11-05",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 17.8575,
   "window": {
    "from": "2025-10-29",
    "to": "2026-10-28"
   }
  },
  {
   "key": "inrange",
   "label": "Close on Oct 28, 2026, within that range",
   "value": "$898.92, 89% of the way from the low to the high",
   "as_of": "2026-10-28",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 898.92
  }
 ],
 "trading": {
  "as_of": "2026-10-28",
  "score": null,
  "tier": null,
  "status": "not-scored",
  "lines": [
   "Not scored.",
   "$1,000: about $4.50, 0.45%, one way.",
   "$10,000: about $45, 0.45%, one way.",
   "Premium to NAV at the Oct 28 close: \u22121.36%; 95% of days within \u00b13.87%.",
   "Limit: midpoint + 405\u00a2 to buy, midpoint \u2212 405\u00a2 to sell. At the Oct 28 close of $898.92, that\u2019s $902.97 to buy and $894.87 to sell."
  ],
  "page": "https://etfiq.com/funds/bwet/trading/"
 },
 "flows": {
  "as_of": "2026-10-26",
  "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/bwet.json",
  "windows": [
   {
    "window": "1 week",
    "from": "2026-10-21",
    "to": "2026-10-26",
    "net_flow_usd": -39532000,
    "net_flow": "\u2212$39.5m",
    "round_trip_usd": 0,
    "days_counted": 4,
    "trading_days": 4
   }
  ],
  "daily_counts_start": "2026-10-06",
  "windows_without_daily_figure": [
   "1 month",
   "3 months",
   "Year to date",
   "1 year"
  ]
 },
 "generated": "2026-10-29",
 "license": "https://etfiq.com/license/",
 "license_text": "Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, BWET, commodity fund, data as of Oct 28, 2026. https://etfiq.com/funds/bwet"
}