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BDRY vs WEAT

Breakwave Dry Bulk Shipping ETF

BDRYFNYSE Arca

Teucrium Wheat Fund

WEATBNYSE Arca

Overlap

Expense ratio

WEAT −2.88pt a year

BDRY3.50%WEAT0.62%

Avg volume · 30D

WEAT 8.3×the volume

BDRY64.6KWEAT538K

5Y return · a year

WEAT +6.5pt

BDRY−16.5%WEAT−10.0%

BDRY vs WEAT Performance

Oct 29, 2021 – Oct 30, 2026

−59.4%BDRY−41.0%WEAT

Oct 29, 2021 to Oct 30, 2026. BDRY −59.4%. WEAT −41.0%. Use the arrow keys to read each point.−75%−25%0%25%50%Oct 2021Apr 2024Oct 2026
Expense ratio
BDRY 3.50%
WEAT 0.62%, better
Fund size
BDRY $25M
WEAT $234M
1Y total return
BDRY +50.5%, better
WEAT +4.7%
Holdings
BDRY 17
WEAT 31
Avg volume (30D)
BDRY 64.6K sh
WEAT 538K sh, better
NAV per share
BDRY $12.40
WEAT $22.21
52W range

ETF.net Grade

BDRY: Cost 1, Risk 30, Mission not scored, Tradability 28, Holdings 57, Durability 53. WEAT: Cost 76, Risk 26, Mission not scored, Tradability 84, Holdings not scored, Durability 61.
Pillar letters and Scores for BDRY, WEAT, with each pillar’s weight
PillarBDRYWEAT
Cost30% weightF1A76Higher
Mission25% weightNot scoredNot scored
Risk15% weightD30HigherD26
Tradability15% weightD28A84Higher
Holdings10% weightB57Not scored
Durability5% weightC53B61Higher

Rank among Commodity Futures funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BDRY and WEAT are both graded against the same 13 Commodity Futures funds, so their Grades compare head to head.

Commodity Futures⁠

Category · 13 funds
See all 13 ›

WEAT ranks 2nd and BDRY 13th of 13 funds in the Commodity Futures Category.

  1. Rank 1APDBCInvesco Optimum Yield Diversified Commodity Strategy No K-1 ETFScore 84
  2. Rank 2BSOYBTeucrium Soybean FundScore 65
  3. Rank 2BWEATTeucrium Wheat FundScore 65
  4. Rank 4BCMDTPIMCO Commodity Strategy Active Exchange-Traded FundScore 64
  5. Rank 12FCCOMSimplify Chinese Commodities Strategy No K-1 ETFScore 22
  6. Rank 13FBDRYBreakwave Dry Bulk Shipping ETFScore 17

Our read on each fund

ETF.net Research

BDRYFBreakwave Dry Bulk Shipping ETF

WEATBTeucrium Wheat Fund

In short

BDRY Shipping stocks are a proxy. BDRY buys the thing itself: near-dated futures on dry bulk freight rate indexes, so it moves with what it costs to haul iron ore, coal and grain across an ocean.

WEAT Wheat, straight up. Since 2011 this Teucrium fund has given brokerage-account investors pure-play exposure to CBOT wheat futures, laddered across three contract months rather than piled into the front month.

Stated mandate

BDRY The Fund seeks exposure to daily changes in dry bulk freight futures through a portfolio of near-dated futures contracts on indexes measuring dry bulk shipping rates.

WEAT The fund seeks cost-effective price exposure to the wheat market through futures for future delivery.

Why people hold it

  • BDRY Pure freight exposure. It holds near-dated futures on dry bulk shipping rate indexes, so cargo rates drive it, not the balance sheets of shipping companies.amplifyetfs.com
  • A corner of commodities that broad futures funds like PDBC and DBB leave out: freight is a service, priced off cargo demand and how many ships are free to carry it.
  • Running since 2018, so the structure has worked through several turns of the freight cycle rather than one short stretch.
  • WEAT Costs 0.62% a year, under the typical fee for futures-based commodity funds. Cheap matters most when the thing you own throws off no income.
  • The benchmark splits across three CBOT contracts: 35% second-to-expire, 30% third-to-expire, 35% the following December. Roll risk gets spread down the curve, not stacked on one month.teucrium.com
  • Wheat exposure without a futures account: no margin posting, no roll management, no contract expiries on your calendar. Buy it like a stock, sell it like a stock.teucrium.com
  • Among futures-based commodity funds, one of the stronger overall packages on cost and structure.

Worth knowing

  • BDRY Cost is the headline trade-off: a 3.5% expense ratio, multiples of what diversified commodity futures funds in its group charge.
  • Near-dated contracts get rolled forward, so results can drift from spot freight rates depending on the shape of the futures curve.amplifyetfs.com
  • A small fund with no regular distributions, so freight rate swings, which are among the choppiest in commodities, are the whole story.
  • WEAT It is a commodity pool taxed as a partnership, so shareholders get a Schedule K-1 with Section 1256 treatment (60% long-term, 40% short-term), not a 1099.teucrium.com
  • The fund tracks wheat futures, not the spot price. When the curve slopes against you, returns can drift from the wheat headlines you read.teucrium.com
  • One crop, one market, and weather sets the price. Swings here run hot compared with diversified commodity baskets, and the fund is built for price exposure, not income.

Full BDRY profile⁠

Full WEAT profile⁠

BDRY vs WEAT Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BDRY vs WEAT Cost

Overpaying BDRY vs WEAT

$35,876

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BDRY 3.50%

    $48,055

  • WEAT 0.62%

    $12,179

$10,000
30 years

Cost over time

  • BDRY 3.50%
  • WEAT 0.62%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K$40K$50K051015202530BDRY $48,055WEAT $12,179

Year by year

YearBDRYWEATOverpaying
10$5,566$1,111$4,455
20$18,799$4,246$14,553
30$48,055$12,179$35,876

Expense ratio

  • 3.50%BDRY
  • 0.62%WEAT, cheaper
  • Middle half of Commodity Futures funds
  • Median 0.79%

WEAT 4th cheapest of 13 funds

BDRY 13th cheapest of 13 funds

BDRY vs WEAT Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
BDRY None
WEAT None

Distribution history

BDRYAll BDRY payments⁠

No distribution history available.

WEATAll WEAT payments⁠

No distribution history available.

BDRY vs WEAT Risk

Fall from peak · 5 years

  • BDRY
  • WEAT
Oct 29, 2021 to Oct 30, 2026. Worst fall: BDRY −85.2% · Jul 2023. Use the arrow keys to read each point.−75%−50%−25%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
BDRY 70.6%WEAT 22.0%, better
Return per unit of riskSharpe ratio, 3 years
BDRY 0.64, betterWEAT −0.46
Worst fallMax drawdown, 5 years
BDRY −85.2%WEAT −67.8%, better
Market sensitivityBeta, 5 years
BDRY 2.59WEAT 0.68

BDRY and WEAT in the news

All news⁠

Popular comparisons

  • BDRYFvsPDBCA

    Breakwave Dry Bulk Shipping ETF · Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

    Expense ratio
    3.50% · 0.59%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • WEATBvsPDBCA

    Teucrium Wheat Fund · Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

    Expense ratio
    0.62% · 0.59%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BDRYFvsSOYBB

    Breakwave Dry Bulk Shipping ETF · Teucrium Soybean Fund

    Expense ratio
    3.50% · 0.63%
    Category
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  • WEATBvsSOYBB

    Teucrium Wheat Fund · Teucrium Soybean Fund

    Expense ratio
    0.62% · 0.63%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • BDRYFvsCMDTB

    Breakwave Dry Bulk Shipping ETF · PIMCO Commodity Strategy Active Exchange-Traded Fund

    Expense ratio
    3.50% · 0.65%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • WEATBvsCMDTB

    Teucrium Wheat Fund · PIMCO Commodity Strategy Active Exchange-Traded Fund

    Expense ratio
    0.62% · 0.65%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.