Breakwave Tanker Shipping ETF ( $BWET ) Surges +100% in 30 Days on Freight Futures Strength (See the latest news for any ticker on Tickeron.) BWET has roughly doubled over the trailing 30 days, advancing from about $379 to about $765 as crude-oil tanker freight futures repriced sharply higher. The fund tracks freight futures — not oil prices or shipping stocks — with roughly 90% of exposure in TD3C very large crude carrier (VLCC) contracts on the Middle East Gulf–to–China route. The rally reflects disruptions around the Strait of Hormuz, surging war-risk insurance, and longer rerouted voyages that have tightened effective tanker supply. $SLVO $USOI $GLDI $IAUM $GLD