Breakwave Dry Bulk Shipping ETF (BDRY)

Technology remained the best-performing sector of the second quarter on the AI drive while energy lagged.

ETFs that track U.S. shipping stocks continue to surge on Tuesday after the world’s major container shippers halted their tankers from sailing through the Red Sea following attacks from Yemen’s Iran-backed Houthi militants.

We performed a screening of micro-cap ETFs, defined as having Assets Under Management (AUM) under $400 million – to determine what funds had the largest positive and negative returns on the week, according to data from etfdb.com. Only non-leveraged funds were considered. Winners Breakwave Dry Bulk Shipping ETF (NYSE:BDRY) BDRY is up 21.03% over the trailing week. The Breakwave Dry Bulk Shipping ETF offers exposure to the dry bulk shipping market through a portfolio of near-dated freight futures contracts on dry bulk indices. The fund has $65.8 million in AUM and an expense ratio of 2.85%.  BDRY is down 15.45% YTD. Global X MSCI Argentina ETF (NYSE:Full story available on Benzinga.com

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