24/7 Wall Street
01 Jun 2026, 13:45 UTC · 1h ago
The Breakwave Tanker ETF Just Posted a 1,406% Return. Here's What Actually Happened.
Search tags
24/7 Wall Street
01 Jun 2026, 13:45 UTC · 1h ago
Search tags
Story key points
4 claims · impact-rated
The Strait of Hormuz was effectively closed in February 2026 due to escalating US-Iran conflict, causing tanker freight rates to spike. — A major global maritime chokepoint closure creates severe energy supply chain disruptions and heightened geopolitical risk.
-0.90BWET's gains are fully reversible if the Strait of Hormuz reopens or diplomatic progress emerges. — The investment thesis is binary; any diplomatic resolution would lead to a rapid collapse of the freight premium.
-0.50Amplify Commodity Trust (BWET) surged 1,406% in one year to $158.86, driven by tightened VLCC freight capacity. — Extreme returns in a niche tanker ETF signal severe market tightness in shipping, though it is a derivative effect of the geopolitical crisis.
+0.40Continue reading
6 related stories
WTI crude oil prices peaked at $112.25 on May 18 and fell to $97.63 by May 26, indicating easing supply-disruption fears. — A sharp drop in crude prices suggests the market is beginning to price in a resolution or mitigation of the Hormuz closure.
+0.30Ticker attribution
Model heads
The fund experienced massive gains of over 1,400% in one year due to geopolitical disruptions, despite recent slight pullbacks.
Mentioned only as a historical reference for an analyst's past success.
No ticker relationship head found.
Early access
News Impact Screener scores every headline against the stocks it moves — before the chart reacts. Join the early-access list and get alerted the moment a story hits your tickers.
Impact vectors
9 dimensions · 9 clusters
Market reaction
10 bid · 10 offered
Fast Company
2h ago
