Breakwave Tanker Shipping ETF (BWET)
ARCA ARCA Primary 
BWET: Concentrated Hormuz Bet, Not A Tanker Portfolio
The Breakwave Tanker Shipping ETF is an extremely concentrated bet on specific forward freight agreements, not a direct tanker shipping investment. BWET's 3,440% YTD surge is driven by niche exposure to Middle East Gulf–China routes, rolling contracts, and prolonged Strait of Hormuz disruptions. BWET faces eventual catastrophic downside risk—an 80%+ collapse is plausible if TD3C rates normalize, even if global tanker markets remain strong.
Up 3,600%, this freight fund has posted the biggest gains of all on Iran war oil shock
The Breakwave Tanker Shipping ETF (BWET) is up over 3,600% year to date, according to Morningstar, by far the best performance of any non-levered U.S. fund as the price of transporting oil has soared due to geopolitical shocks. Led by the U.S.-Iran war repercussions, there have been over 140,000 disrupted freight cargo vessels across the globe contributing to higher shipping rates.
This ETF is up 3,000% in 2026
While most investors and analysts were focused on the technology sector – with a particular eye for the wider artificial intelligence (AI) space – and energy, a different industry produced one of the best-performing exchange-traded funds (ETFs) on record.
Shipping ETF (BWET) Hits New 52-Week High
BWET hits a fresh 52-week high as shipping disruptions and soaring freight rates fuel gains.
Shipping ETF (BWET) Hits New 52-Week High
Breakwave Tanker Shipping ETF BWET is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and has moved up 3109% from its 52-week low price of $11.53 per share.
Top-Performing ETF Areas of Last Week
Middle East tensions, AI-driven tech weakness and stock-specific swings fueled big moves in leveraged ETFs. Here's a look at last week's top performers.
Forget the 600% Tanker Fund. This Shipping ETF Rode the Same Boom, Pays Dividends, and Won't Implode
The Breakwave Tanker Shipping ETF (NYSE:BWET) has been the trade of the year.
Why the BWET Tanker Shipping ETF Is Surging Another 19% Today
The Breakwave Tanker Shipping ETF (NYSE:BWET) is the standout mover of today's session, jumping about 19% to around $251, extending what has already been the most extreme rally of any US-listed ETF this year.
Top-Performing ETF Areas of 1H 2026
From shipping to semis, these ETF areas dominated 1H 2026 as AI, geopolitics and strong earnings fueled market gains.
BWET's 1,645% Gain Rests on One Geopolitical Event That Could Reverse in Hours
The Breakwave Tanker Shipping ETF (NYSEARCA:BWET) has delivered one of the most extreme returns of any U.S.
A Shipping ETF No One Has Heard Of Has Quietly Run 700%, Tripling Micron's Rally V1
If you put $10,000 into the Breakwave Tanker Shipping ETF (NYSEARCA:BWET) on the last trading day of 2025 and did nothing, by the close on May 26, 2026 you were sitting on about $83,000.
The Breakwave Tanker ETF Just Posted a 1,406% Return. Here's What Actually Happened.
A share of Amplify Commodity Trust (NYSEARCA:BWET), the fund most people know as the Breakwave Tanker Shipping ETF, cost $10.55 on May 29, 2025.
