Odaily Planet Daily reports: Bloomberg ETF analyst Eric Balchunas posted on X that BWET (Middle East Crude Oil Shipping Futures) has once again become the top-performing ETF over the past month, with a year-to-date return of 1,294%—more than five times that of any other ETF—yet it remains relatively low in visibility.
BWET ETF Surpasses 1,294% Return YTD, Outperforms Others by 5x in the Past Month
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Summary
The BWET ETF experienced massive inflows this month, surging to the top of the performance charts with a 1,294% year-to-date return. Bloomberg’s Eric Balchunas noted it outperformed other ETFs by more than five times over the past 30 days. Despite strong inflows, the fund remains largely overlooked. Outflows from competing ETFs underscore BWET’s rising appeal among traders.
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