Breakwave Tanker Shipping ETF

BWET

Market cap $79.9M

Cooling inflation and softer jobs data eased Fed rate-hike fears, while AI, neocloud and memory ETFs delivered strong gains last week.

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.

The Breakwave Tanker Shipping ETF (NYSEARCA:BWET) closed at $252 in the most recent session after a 38% gain over the past month and a 1,390% year-to-date advance.

Oil, rising yields and AI spending reshaped July's ETF winners. Here are the top-performing ETFs that thrived in a volatile month.

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.

The Iran MOU indeed seems to be over, as the strikes are continuing, with the Strait of Hormuz not really operating.

The Breakwave Tanker Shipping ETF (NYSE:BWET) has been the trade of the year.

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.

If you own the United States Oil Fund (NYSE:USO) as your bet on the 2026 crude spike, the year has rewarded you.

Oil prices jumped about 5% on Wednesday as renewed tensions involving Iran reignited fears of supply disruptions in the Middle East. But the bigger move wasn't in crude.