Price
CHART BY
Data
TER
- 0.3%
TCO
- 3.5%
Fund Volume
- $194.38M
Asset Class
- Commodities
Distributing
- Yes
Replication Method
- Synthetic Replication
Region
- Global
Country Based
- USA
Issuer
- Amplify
This fund tracks its index synthetically via a swap.
Frequently asked questions
What is the Total Expense Ratio (TER) of Other Breakwave Tanker Shipping ETF?
The total expense ratio (TER) of Other Breakwave Tanker Shipping ETF is 0.3%. The TER represents the annual fees charged by the ETF provider, covering management costs and operational expenses. A lower TER can enhance your investment returns over time.
What is the fund volume of Other Breakwave Tanker Shipping ETF?
Other Breakwave Tanker Shipping ETF has a fund volume of $194.38M. Fund volume indicates the total assets under management (AUM) and reflects the ETF's size and liquidity. Larger fund volumes generally offer better liquidity and tighter bid-ask spreads.
What is the replication method used by Other Breakwave Tanker Shipping ETF?
Other Breakwave Tanker Shipping ETF utilizes a synthetic replication method to track its benchmark index. Instead of physically holding the underlying securities, the ETF uses financial derivatives—such as swap agreements with counterparties—to replicate the performance of the index.
In which country is Other Breakwave Tanker Shipping ETF domiciled?
Other Breakwave Tanker Shipping ETF is domiciled in USA. The domicile country can affect tax implications and regulatory oversight, which may influence your investment decisions.
Pricing
- 52W span
- $13.94$873.00
Information
BWET provides long-only exposure to the crude oil tanker shipping market by tracking an index of the near-dated wet freight futures contracts on related indexes. The portfolio has an average maturity of about 50-70 days.
Identifier
- Primary Ticker
- BWET
Fundamentals & EOD data from FactSet