Breakwave Tanker Shipping ETF (BWET) closed at $896.61 on October 23, 2026, up 0.1% from the previous close, on volume of 63,021 shares (30-day average 154,206).
Data as of October 23, 2026.
23-Oct-2026
No press releases found.
U.S. to allow 'dark fleet' tankers to ship oil legally
Seeking Alpha News (Tue, 20-Oct 3:36 AM ET)
BWET provides long exposure to the crude oil tanker shipping market through a portfolio of near-dated futures contracts on indices that measure the cost of shipping crude oil. Futures reflect market expectations for the future cost of transporting crude oil. The first and only freight futures exchange-traded product exclusively focused on crude oil tanker freight rates.
Breakwave Tanker Shipping ETF trades on the ARCA stock market under the symbol BWET.
As of October 23, 2026, BWET stock price climbed to $896.61 with 63,021 million shares trading.
BWET has a beta of -0.14, meaning it tends to be less sensitive to market movements. BWET has a correlation of 0.00 to the broad based SPY ETF.
BWET has a market cap of $174.93 million. This is considered a Micro Cap stock.
In the last 3 years, BWET traded as high as $1,051.94 and as low as $9.06.
BWET has outperformed the market in the last year with a return of +5279.3%, while the SPY ETF gained +14.3%. In the last 3 month period, BWET beat the market returning +261.9%, while SPY returned +3.2%. However, in the most recent 2 weeks BWET has underperformed the stock market by returning -10.2%, while SPY returned -2.4%.
BWET support price is $834.76 and resistance is $957.06 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BWET shares will trade within this expected range on the day.
