ETF of the Week: Breakwave Dry Bulk Shipping ETF (BDRY)

ETF Trends CEO Tom Lydon discussed the Breakwave Dry Bulk Shipping ETF (BDRY) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. BDRY provides long exposure to the dry bulk shipping market through a portfolio of near-dated freight futures contracts on dry bulk indices. It's the first and only freight futures exchange-traded product exclusively focusing on dry bulk shipping. The fund is a pure-play exposure to dry bulk shipping, an instrumental part of the global commodity market, uncorrelated to other major assets. It's designed to profit from increases in freight futures beyond what is already priced in the market.

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ETF Trends and Moneylife team up to bring you the ETF of the Week with Todd Rosenbluth.