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Breakwave Dry Bulk Shipping ETF (BDRY)

NYSE
Currency in USD
Disclaimer
13.63
+0.18(+1.34%)
Real-time Data

BDRY Comments

Back in @ 5.09
15 Mar BDI 1600 BDRY 9.7 11 Oct BDI 1991 BDRY 5.6 Low quality ETF. IIf you want to throw away your money, invest it here
Jumped in @ 5.46.
after my long research it definitely looks like bdry bdi. and it gives very accurate results. Under 10 dollars is very suitable for investment. After a very short time, the freight index will increase. Think of it like a commodity. Under $8 is super cheap. If you see around $6, it was almost that much in the pandemic. A very nice etf!
BDRY does not track the BDI. The Baltic Dry Index (BDI) is a spot index, reflecting where the spot market is at any given day. In other words, BDI is a snapshot of the dry bulk market and it’s uninvestable (no one can invest on the BDI). BDRY is a passively managed fund, an ETF, investing in freight futures over the next 60 trading days, on average. Futures settle against monthly averages, not at a specific day. One can think of BDRY as the ~3-month average of BDI.. BDRY does not track the BDI, it loosely follows the BDI (through futures). Nevertheless, the weekly correlation over the two in the last two years is about 75%, despite the fact that one is a spot freight index and the other one is a freight futures fund.
im a logistics major and have high interest with this etf.the sopt price market os notorious for its high volatity but this etf doesnt seem to have high percentile changes(two digit %) from day to day.may i ask why?
May 28th BDI 489, BDRY 4.55 June 4th BDI 632, BDRY 5.05 BDI +29%, BDRY +11% What happened.....? It doesn't make any sense
this ETF is just ****** no other description is needed. it doesn't track the index at all. it just keeps losing money. if you want to invest your precious money in this ****** you better just donate it to a local hospital
Stay away from this ETF. In February the BDI was 400 and this ETF was at $9.20. By April 20th the BDI was up to 700 (almost doubling) but this ETF was at $6.80 (down 30%). Makes no sense.
and when it does start making sense, i'll be rich
next stop 7,24
next stop 9.45
warren buffest said hes loading up on this
or not. i exit.
Its about to explode!
Its about to explode!
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