Performance analysis of BWET (Breakwave Tanker Shipping ETF)
Annual Return
Over the past 3 years, BWET has had an average annual return of +131.33%, outperforming the benchmark SPY, which returned +19.63% annual.
Since May 3, 2023, BWET has had an average annual return of +143.06%, outperforming the benchmark SPY, which returned +22.28% annual.
| 2026 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +1,161.48% | +96.21% | -39.21% | +15.94% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +90.56% | +56.09% | +71.90% | +65.83% | -2.74% | -6.60% | +63.78% | +1,161.48% | |||||
| 2025 | +21.10% | -9.83% | +1.77% | +4.76% | -5.95% | -0.97% | +3.81% | +14.29% | +16.74% | +22.06% | +27.76% | -16.22% | +96.21% |
| 2024 | +5.57% | +3.51% | +5.56% | -1.62% | -3.00% | -5.56% | -9.77% | -0.73% | -1.90% | -13.45% | -11.78% | -12.85% | -39.21% |
| 2023 | +5.35% | +42.28% | -3.26% | -19.27% | -3.33% | +15.58% | -4.91% | -6.79% | +15.94% |
Drawdown analysis of BWET (Breakwave Tanker Shipping ETF)
The maximum drawdown for the BWET was -56.90%, occurring on Jan 6, 2025. Recovery took 215 trading sessions.
The current BWET drawdown is -5.57%.
Since May 3, 2023 BWET has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 2 times
- 30% or more: 3 times
- 20% or more: 6 times
- 10% or more: 10 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -56.90% | Jun 15, 2023 | 391 | Jan 6, 2025 | 215 | Nov 13, 2025 | 606 |
| -41.22% | Jun 22, 2026 | 4 | Jun 26, 2026 | 11 | Jul 14, 2026 | 15 |
| -30.64% | Apr 9, 2026 | 4 | Apr 15, 2026 | 12 | May 1, 2026 | 16 |
| -29.21% | May 5, 2026 | 15 | May 27, 2026 | 16 | Jun 18, 2026 | 31 |
| -28.84% | Dec 15, 2025 | 12 | Jan 2, 2026 | 5 | Jan 9, 2026 | 17 |
| -21.50% | Mar 2, 2026 | 4 | Mar 6, 2026 | 6 | Mar 16, 2026 | 10 |
| -19.47% | Mar 30, 2026 | 1 | Mar 31, 2026 | 2 | Apr 2, 2026 | 3 |
| -12.62% | May 16, 2023 | 13 | Jun 5, 2023 | 4 | Jun 9, 2023 | 17 |
| -12.48% | Jul 14, 2026 | 4 | Jul 20, 2026 | Ongoing | Ongoing | Ongoing |
| -10.03% | Jan 14, 2026 | 3 | Jan 20, 2026 | 7 | Jan 29, 2026 | 10 |
| -9.66% | May 3, 2023 | 3 | May 8, 2023 | 2 | May 10, 2023 | 5 |
| -8.94% | Nov 25, 2025 | 6 | Dec 4, 2025 | 5 | Dec 11, 2025 | 11 |
| -8.47% | Feb 6, 2026 | 4 | Feb 12, 2026 | 2 | Feb 17, 2026 | 6 |
| -7.83% | Mar 24, 2026 | 1 | Mar 25, 2026 | 1 | Mar 26, 2026 | 2 |
| -5.42% | Nov 13, 2025 | 3 | Nov 18, 2025 | 2 | Nov 20, 2025 | 5 |
| -5.20% | Jan 30, 2026 | 3 | Feb 4, 2026 | 2 | Feb 6, 2026 | 5 |
| -4.44% | Jan 9, 2026 | 1 | Jan 12, 2026 | 1 | Jan 13, 2026 | 2 |
| -4.05% | Feb 25, 2026 | 2 | Feb 27, 2026 | 1 | Mar 2, 2026 | 3 |
| -2.04% | Mar 16, 2026 | 1 | Mar 17, 2026 | 1 | Mar 18, 2026 | 2 |
| -1.72% | Apr 6, 2026 | 1 | Apr 7, 2026 | 1 | Apr 8, 2026 | 2 |
| -1.67% | Nov 20, 2025 | 1 | Nov 21, 2025 | 1 | Nov 24, 2025 | 2 |
| -1.39% | Mar 20, 2026 | 1 | Mar 23, 2026 | 1 | Mar 24, 2026 | 2 |
| -1.12% | May 1, 2026 | 1 | May 4, 2026 | 1 | May 5, 2026 | 2 |