Breakwave Dry Bulk Shipping ETF

Breakwave Dry Bulk Shipping ETF is an exchange-traded fund that seeks to reflect the daily price movements of near-dated dry bulk freight futures. It provides unlevered exposure to the dry bulk shipping sector, a key component of the global commodity market, without requiring investors to maintain a futures account. The ETF tracks the Breakwave Dry Freight Futures Index, which focuses on freight futures contracts one to six months forward with a weighted average expiration of 60-70 days. Its allocation emphasizes major vessel classes: 50% to Capesize 5TC routes, 40% to Panamax 4TC routes, and 10% to Supramax 10TC routes. As the first and only freight futures exchange-traded product dedicated exclusively to dry bulk shipping, Breakwave Dry Bulk Shipping ETF offers pure-play access to shipping freight rates, which are often uncorrelated with traditional assets like equities or bonds. Sponsored by Amplify Investments LLC and managed with input from Breakwave Advisors LLC, it serves investors interested in commodity freight dynamics and global trade flows.