The Manager Behind the Best-Performing ETF of 2026

Watch on YouTube ↗  |  April 15, 2026 at 15:16  |  4:44  |  Bloomberg Markets
Speakers
John Kartsonas — Managing Editor, CoinDesk

Summary

John Kartsonas, founder of Breakwave Advisors, discusses the Breakwave Tanker Shipping ETF (BWET), which has become the best-performing ETF of 2026 with over 1400% gains. He explains that tanker markets thrive on supply-demand imbalances and offer leveraged exposure to energy transport costs. Kartsonas also advocates for shipping as an uncorrelated asset class for portfolio diversification.

  • BWET is the best-performing ETF of 2026, up over 1400% in the past year.
  • Tanker markets perform well during periods of strong demand or constrained supply.
  • Transportation costs are a small percentage of oil prices, providing high leverage.
  • Geopolitical events in the Middle East have amplified recent ETF performance.
  • Shipping is an uncorrelated asset class, offering diversification from traditional economic headlines.
  • The ETF's management fee may drop as assets grow due to fixed expenses and interest income.
  • Underlying futures market liquidity is sufficient for the ETF's strategy and growth.
  • Shipping can be a small portfolio allocation for potentially high returns.
Trade Ideas
John Kartsonas Managing Editor, CoinDesk 0:17
Tanker ETF benefits from supply-demand dynamics.
The tanker market performs well during periods of strong demand or constrained supply; the Breakwave Tanker Shipping ETF (BWET) offers a leveraged play in energy because transportation costs are a small percentage of oil prices, leading to high leverage during price moves, especially with geopolitical events like the Middle East conflict.
BWET HIGH
John Kartsonas Managing Editor, CoinDesk 4:06
Shipping sector offers uncorrelated diversification.
Shipping is a very uncorrelated asset class that does not correlate with other assets like Federal Reserve policy, inflation, or GDP growth; it provides global diversification for a portfolio and can produce significantly high returns, as evidenced by BWET and previously BDry.
SEA MED
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This Bloomberg Markets video, published April 15, 2026, features John Kartsonas discussing BWET, SEA. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: John Kartsonas  · Tickers: BWET, SEA