On this episode of ETF Highlight, I converse with John Kartsonas , Managing Companion, Breakwave Advisors, concerning the delivery business and the Breakwave Dry Bulk Delivery ETF (BDRY), which is one of the best performing ETF year-to-date.
Container delivery charges have greater than tripled over the previous yr, per FT, attributable to provide chain disruptions all over the world attributable to the pandemic. In late March, the Ever Given, a large ship owned by Taiwan-based Evergreen Group, had blocked the Suez Canal for nearly every week, and additional aggravated the issue.
As the worldwide economies reopen with accelerating vaccine rollout, surging demand for client items could hold delivery charges excessive. Since many of the main commodities are transported by ships, the outlook for the worldwide delivery business stays sturdy in 2021.
BRDY, the primary and solely ETP product to trace freight futures, is one of the best performing ETF of 2021, up about 225%.Tune into the podcast to study extra about this ETF.
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BRKWAVE-DBS ETF (BDRY): ETF Analysis Studies
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