BWET Breakwave Tanker Shipping ETF

together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture

BWET vs FRO

Both indexed to 100 at 2026-05-11.

BWET FRO · range 73–579 · 2026-05-11 → 2026-11-06

Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").

FRO Frontline Plc

ρ +0.33beyond mkt +0.32holdout +0.36stable 88%robust

DHT DHT HOLDINGS, INC.

ρ +0.31beyond mkt +0.31holdout +0.35stable 88%robust

ECO Okeanis Eco Tankers Corp.

ρ +0.31beyond mkt +0.30holdout +0.33stable 100%robust

No day-to-day relationship, but 5- or 10-day returns move together.

PXS Pyxis Tankers Inc. Common Stock

horizon 10dρ +0.65holdout +0.63stable 38%moderate

TEN Tsakos Energy Navigation Ltd.

horizon 10dρ +0.64holdout +0.69stable 62%moderate

TNK Teekay Tankers Ltd.

horizon 10dρ +0.62holdout +0.72stable 75%robust

INSW International Seaways, Inc. Common Stock

horizon 10dρ +0.62holdout +0.60stable 75%robust

NAT Nordic American Tanker

horizon 10dρ +0.62holdout +0.60stable 62%moderate

TRMD TORM plc Class A Common Stock

horizon 10dρ +0.59holdout +0.64stable 75%robust

Biggest shifts in same-day correlation over the last 63 trading days versus the year before.

VERA Vera Therapeutics, Inc. Class A Common Stock

Δ -0.48recent -0.44prior +0.04beyond mkt -0.01

WYY WidePoint Corporation

Δ +0.46recent +0.43prior -0.03beyond mkt +0.06

COGT Cogent Biosciences, Inc. Common Stock

Δ -0.46recent -0.39prior +0.06beyond mkt +0.03

MED Medifast, Inc.

Δ -0.42recent -0.43prior -0.00beyond mkt +0.02

MT ArcelorMittal

Δ -0.42recent -0.40prior +0.01beyond mkt +0.02

RVMD Revolution Medicines, Inc. Common Stock

Δ -0.41recent -0.31prior +0.10beyond mkt +0.06