Breakwave Tanker Shipping ETF ( $BWET) Surges +84% in 30 Days and +340% Over Three Months (See the latest news for any ticker on Tickeron.) BWET has surged roughly 84% over the past 30 days and more than 340% over the trailing three months. The fund provides u

Breakwave Tanker Shipping ETF ( $BWET) Surges +84% in 30 Days and +340% Over Three Months (See the latest news for any ticker on Tickeron.) BWET has surged roughly 84% over the past 30 days and more than 340% over the trailing three months. The fund provides unlevered exposure to crude oil tanker freight futures—not tanker company stocks and not the price of crude itself. The primary catalyst is disruption around the Strait of Hormuz, which has driven VLCC (very large crude carrier) freight rates to record highs exceeding $1 million per day on key routes. Portfolio exposure is concentrated at approximately 90% in TD3C (Middle East Gulf-to-China VLCC) futures and 10% in TD20 (West Africa-to-Europe Suezmax) futures. $SLVO $USOI $GLDI