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Dividend Vision

BDRY — Breakwave Dry Bulk Shipping ETF

Breakwave Dry Bulk Shipping ETF (BDRY)

BDRY pays a 0.00% distribution rate, on a 3.50% expense ratio. Total return is -44.0% over the past 8.4 years, 278.1 points behind SPY at 234.1%. Its deepest 1-year drawdown was 21.6%.

Breakwave Dry Bulk Shipping ETF provides exposure to dry bulk freight rates through near-dated freight futures rather than shares of shipping companies. The portfolio targets major vessel classes and shipping routes and must regularly roll its futures positions, so returns can differ materially from spot freight-rate changes. BDRY charges a 3.50% expense ratio and is designed for tactical commodity exposure, not dependable dividend income.

BDRY key facts

Issuer
Breakwave Advisors
Asset type
ETF
Asset class
Equity
Inception date
03/21/2018
Expense ratio
3.50%
Distribution rate
0.00%
Last close
$14.29
AUM
$35,392,237
Average volume
20800.0
Beta
2.42
P/E ratio
8.4838