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BWET Breakwave Tanker Shipping ETF

ETF

998.30

Close 10/9

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Price and fund-flow snapshot

As of 2026-10-09

Momentum: Strong; Risk / liquidity: Weak.

Momentum Strong All 2 indicators are Top.
60-day return (%) 335.43 100th percentile Top
240-day return (%) 5,817.61 100th percentile Top
Risk / liquidity Weak Distance from peak is Top, but 60-day annualized volatility is Lagging.
60-day annualized volatility (%) 105.32 95th percentile Lagging
Distance from peak (%) -1.43 82th percentile Top
20-day dollar volume 140,589,382 27th percentile Average

Breakwave Tanker Shipping ETF (BWET) today

2 quant signals active · As of 2026-10-09

Win rate and excess are historical post-trigger stats vs the market. Click a signal for its full definition and samples; history does not predict future results.

Breakwave Tanker Shipping ETF (BWET) peers and tracking

Watchlist

This page refreshes daily after the close. Add Breakwave Tanker Shipping ETF to your watchlist to track signal changes on your next visit.

Breakwave Tanker Shipping ETF (BWET) quant signal backtests

Signals active now

Each active condition is tested against this ETF’s own history and benchmarked versus the S&P 500.

52-week adjusted-price high

Active

Adjusted close first reaches a 252-trading-day high; repeated hits within 20 days count once.

6 historical occurrences (since 2025-10-10)
Average forward return after 52-week adjusted-price high。20-day: Win 83.3%, Sample 6, Median +22.83%, Excess +27.06%, Beat mkt rate 83.3%；60-day: Win 100%, Sample 5, Median +242.51%, Excess +210.05%, Beat mkt rate 100%

60 days after: historical avg +211.79%

20-day +28.58%
60-day +211.79%
20-day
60-day
Win
83.3%
100%
Sample
6
5
Median
+22.83%
+242.51%
Excess
+27.06%
+210.05%
Beat mkt rate
83.3%
100%

Over 5 occurrences, 60-day forward avg gained 211.79%, beat the market by 210.05 pts; win rate 100%.

Top-quintile 6-month momentum

Active · now 100%

The ETF ranks in the top 20% of liquid US-listed ETFs by 126-day adjusted return.

8 historical occurrences (since 2023-11-01)
Average forward return after Top-quintile 6-month momentum。20-day: Win 50%, Sample 8, Median +1.83%, Excess +1.95%, Beat mkt rate 62.5%；60-day: Win 50%, Sample 8, Median +12.62%, Excess +11.55%, Beat mkt rate 50%；120-day: Win 75%, Sample 8, Median +66.56%, Excess +124.92%, Beat mkt rate 62.5%

120 days after: historical avg +135.27%

20-day +4.89%
60-day +19.06%
120-day +135.27%
20-day
60-day
120-day
Win
50%
50%
75%
Sample
8
8
8
Median
+1.83%
+12.62%
+66.56%
Excess
+1.95%
+11.55%
+124.92%
Beat mkt rate
62.5%
50%
62.5%

Over 8 occurrences, 120-day forward avg gained 135.27%, beat the market by 124.92 pts; win rate 75%.

More history: Holding-period returns in its own history, Signals not active now

Holding-period returns in its own history

Since 2023-05-03, 48.8% of 611 one-year holding periods ended with a gain; the median one-year return was -1.2%. Over three-year holding periods, 100.0% of 107 ended with a gain (median +1231.7%).

A holding period starts on every trading day, so periods overlap; they describe the historical distribution rather than independent outcomes.

Signals not active now

Inactive signals still show this ETF’s historical forward-return distribution for context.

20% below its peak

Pending

Adjusted close first falls 20% or more below its highest level so far; repeated hits within 20 days count once.

14 times historically; 60-day forward avg +92.89%, win rate 83.3%, beating the market by +86.8 pts on average.

Back above the 200-day average

Pending

Adjusted close crosses from below to above its 200-day moving average; repeated crosses within 20 days count once.

Continue researching Breakwave Tanker Shipping ETF with the evidence above.

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Method and limits

  • Returns use us_fund_price:adj_close (finlab data.set_market('us_fund')), adjusted for splits and for distributions where the data includes them.
  • Excess returns use world_index:^GSPC, the S&P 500 price index without dividends, as the benchmark.
  • Percentiles and the 6-month momentum signal compare against the most liquid US-listed ETFs by 20-day dollar volume; mutual funds are excluded.
  • Category labels come from the fund data where it provides one (bond, income, crypto) and from the fund name for leveraged, inverse and commodity ETFs.
  • Overlapping event windows are descriptive distributions, not independent samples.

This page is for historical data analysis and education only. It is not investment advice. Backtests and historical return distributions do not predict future performance; evaluate risk independently before trading.