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A Deep Dive into the Top Performing ETF

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  • (1:00) - International Shipping Industry: The Importance Of The Suez Canal
  • (5:20) - Breaking Down The Block of the Suez Cancal
  • (10:10) - What Impact Did The Global Pandemic Have?
  • (15:30) - What Is The Outlook For The Shipping Industry?
  • (21:30) - The Breakwave Dry Bulk Shipping ETF: BDRY
  •                 Podcast@Zacks.com

 

In this episode of ETF Spotlight, I speak with John Kartsonas , Managing Partner, Breakwave Advisors, about the shipping industry and the Breakwave Dry Bulk Shipping ETF (BDRY - Free Report) , which is the best performing ETF year-to-date.

Container shipping rates have more than tripled over the past year, per FT, due to supply chain disruptions around the world caused by the pandemic. In late March, the Ever Given, a giant ship owned by Taiwan-based Evergreen Group, had blocked the Suez Canal for almost a week, and further aggravated the problem.

As the global economies reopen with accelerating vaccine rollout, surging demand for consumer goods may keep shipping rates high. Since most of the major commodities are transported by ships, the outlook for the global shipping industry remains strong in 2021.

BRDY, the first and only ETP to track freight futures, is the best performing ETF of 2021, up about 225%.Tune into the podcast to learn more about this ETF.

Make sure to be on the lookout for the next edition of the ETF Spotlight! If you have any comments or questions, please email podcast@zacks.com.

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