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October 11, 2021
The Breakwave Dry Bulk Shipping ETF (BDRY) increased by 6% this week. It reached an all-time high of $42.22 on Wednesday before ultimately finishing the week at $39.23. Sentiment has been volatile this week but spot freight rates remain very strong. As we discussed in our client note earlier this morning, China has returned from ...
October 4, 2021
The Breakwave Dry Bulk Shipping ETF (BDRY) increased by 14% this week and closed at another all-time high. Sentiment has continued to drastically improve following the sudden Evergrande-related panic that was seen two weeks ago. As we have continued to discuss in our weekly reports and client updates, actual dry bulk spot market fundamentals have ...
April 12, 2021
Share this article A dry bulk shipping exchange traded fund (ETF) has emerged as the top performing ETF in the first three months of 2021, reflecting a strong turnaround for the dry bulk sector. According to ETF.com, the Breakwave Dry Bulk Shipping ETF (BDRY) returned almost 120% in the first quarter, eclipsing the second best-performing ETF, Amplify Seymour Cannabis ETF (CNBS), which returned 66%. Provided by New York-based Breakwave Advisors, LLC, Breakwave Dry Bulk Shipping ETF “provides...