Breakwave Tanker Shipping ETF

BWET

Market cap $25.6M

From shipping to semis, these ETF areas dominated 1H 2026 as AI, geopolitics and strong earnings fueled market gains.

Despite a broad market selloff driven by rate-hike fears, a handful of ETFs delivered double-digit gains last week.

One hundred days into the Iran war, AI, shipping and cannabis ETFs have surged, while crypto, bonds and gold miners lagged.

The Breakwave Tanker Shipping ETF (NYSEARCA:BWET) has delivered one of the most extreme returns of any U.S.

Shipping ETFs are riding on elevated freight rates as Middle East disruptions reshape logistics, with BWET SEA posting strong 2026 gains.

Put $100,000 into BWET on June 4, 2025, and you would have $2.13 million today. The setup is straightforward.

If you put $10,000 into the Breakwave Tanker Shipping ETF (NYSEARCA:BWET) on the last trading day of 2025 and did nothing, by the close on May 26, 2026 you were sitting on about $83,000.

A share of Amplify Commodity Trust (NYSEARCA:BWET), the fund most people know as the Breakwave Tanker Shipping ETF, cost $10.55 on May 29, 2025.

BWET surges to a 52-week high after a massive rally, fueled by shipping disruptions and soaring freight rates, and still has room to run.

Crude oil tanker freight futures rarely produce the year's biggest gain. Yet Breakwave Tanker Shipping ETF (NYSE:BWET) closed at around $172, after a 1,331% one-year run driven almost entirely by one event: the closure of the Strait of Hormuz in February 2026.