BDRY vs MATE

Comparison between Breakwave Dry Bulk Shipping ETF (BDRY, ETF) and Man ETF Series Trust - Man Active Trend Enhanced ETF (MATE, ETF).

BDRY vs MATE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BDRY(ETF)	MATE(ETF)
Net Assets	$37M	$37M
Expense Ratio	3.50%	0.97%
Max Drawdown	89.16%	13.24%
Sharpe Ratio	2.15	1.69
5Y Beta	0.01	1.34

Net Assets

BDRY

$37M

Winner

MATE

$37M

Expense Ratio

BDRY

3.50%

Winner

MATE

0.97%

Max Drawdown

BDRY

89.16%

Winner

MATE

13.24%

Sharpe Ratio

Winner

BDRY

2.15

MATE

1.69

5Y Beta

Winner

BDRY

0.01

MATE

1.34

BDRY vs MATE - Holdings Comparison

BDRY and MATE have 1 common holdings. Overlap is -0.26%

BDRY's top 25 holdings weight is 235.96%. MATE's top 25 holdings weight is 89.86%.

Rank	BDRY	MATE
#1	OTHER ASSETS AND LIABILITIES (n/a) - 83.06%	ISHARES CORE S&P 500 ETF (IVV) - 50.49%
#2	PANAMAX 5TC FFA 82KT TIMECHARTER AVERAGE M JUN 26 (n/a) - 54.18%	MAN ACTIVE TREND ENHANCED CAYMAN (n/a) - 21.88%
#3	KT FUTURE MAY 26 (n/a) - 21.63%	U.S. DOLLAR (n/a) - 8.83%
#4	KT FUTURE APR 26 (n/a) - 21.11%	E-MINI S&P 500 FUTURE JUNE 26 (n/a) - 4.47%
#5	KT FUTURE JUNE 26 (n/a) - 19.84%	FUTURE MAINTENANCE MARGIN GS (n/a) - 1.39%
#6	SUPRAMAX 58 TC FFA 58KT TIMECHARTER AVERAGE M APR 26 (n/a) - 14.12%	FUTURE MAINTENANCE MARGIN BOA (n/a) - 1.30%
#7	INVESCO SHRT-TRM INV GOV&AGCY INSTL (AGPXX) - 10.63%	FUTURE MAINTENANCE MARGIN JPM (n/a) - 0.91%
#8	KT FUTURE JULY 26 (n/a) - 3.95%	E-MINI NASDAQ 100 FUTURE JUNE 26 (n/a) - 0.40%
#9	KT FUTURE SEPT 26 (n/a) - 3.73%	E-MINI RUSSELL 2000 INDEX FUTURE JUNE 26 (n/a) - 0.36%
#10	FUTURE ON KT (n/a) - 3.71%	AUSTRALIAN DOLLAR (n/a) - 0.33%
#11	N/A	FUTURE ON TOPIX (n/a) - 0.03%
#12	N/A	EURO STOXX 50 FUTURE JUNE 26 (n/a) - 0.02%
#13	N/A	FUTURE ON JAPANESE YEN (n/a) - 0.02%
#14	N/A	CANADIAN DOLLAR (n/a) - 0.01%
#15	N/A	DAX FUTURE JUNE 26 (n/a) - 0.00%
#16	N/A	NEW ZEALAND DOLLAR (n/a) - 0.00%
#17	N/A	NET CURRENT ASSETS (n/a) - -0.01%
#18	N/A	SWISS FRANC (n/a) - -0.01%
#19	N/A	JAPANESE YEN (n/a) - -0.03%
#20	N/A	EURO (n/a) - -0.08%
#21	N/A	FTSE 100 INDEX FUTURE JUNE 26 (n/a) - -0.19%
#22	N/A	GREAT BRITISH POUND (n/a) - -0.26%
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	10	22

BDRY vs MATE - Historical Returns

Returns include dividend reinvestment.

Period	BDRY	MATE
1 month	+4.27%	+1.19%
3 months	+10.24%	+8.41%
6 months	+41.11%	+19.69%
1 year	+131.33%	N/A
5 years(CAGR)	-11.58%	N/A
10 years(CAGR)	-8.15%	N/A
Max(CAGR)	-8.15%	+47.12%

Winner

BDRY

+4.27%

MATE

+1.19%

Winner

BDRY

+10.24%

MATE

+8.41%

Winner

BDRY

+41.11%

MATE

+19.69%

BDRY

+131.33%

MATE

N/A

5Y(CAGR)

BDRY

-11.58%

MATE

N/A

10Y(CAGR)

BDRY

-8.15%

MATE

N/A

Max(CAGR)

BDRY

-8.15%

Winner

MATE

+47.12%

BDRY vs MATE - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	BDRY	MATE
2026	+50.12%	+13.83%
2025	+40.32%	+4.27%
2024	-42.75%	N/A
2023	+31.07%	N/A
2022	-68.55%	N/A
2021	+248.17%	N/A
2020	-44.84%	N/A
2019	-16.44%	N/A
2018	-27.98%	N/A

BDRY vs MATE Drawdown Comparison

The maximum drawdown for BDRY was -89.16%, occurring on Jul 19, 2023. This drawdown has not yet recovered.

The maximum drawdown for MATE was -13.24%, occurring on Mar 30, 2026. Recovery took 64 trading sessions.

The current BDRY drawdown is -69.40%. The current MATE drawdown is -5.02%.

Rank	BDRY	MATE
#1	-89.16% Oct 6, 2021 - Jul 19, 2023	-13.24% Jan 28, 2026 - Apr 30, 2026
#2	-84.71% Aug 21, 2018 - May 4, 2021	-5.02% Jun 2, 2026 - Jun 5, 2026
#3	-26.58% Mar 22, 2018 - Aug 21, 2018	-4.60% Jan 15, 2026 - Jan 23, 2026
#4	-23.19% Jun 16, 2021 - Aug 23, 2021	-3.55% Dec 26, 2025 - Jan 5, 2026
#5	-20.51% May 10, 2021 - Jun 11, 2021	-2.49% May 14, 2026 - Jun 1, 2026
#6	-12.49% Aug 26, 2021 - Sep 13, 2021	-1.34% Jan 6, 2026 - Jan 9, 2026
#7	-11.66% May 5, 2021 - May 10, 2021	-0.52% May 6, 2026 - May 8, 2026
#8	-6.26% Sep 13, 2021 - Sep 21, 2021	-0.44% May 1, 2026 - May 5, 2026
#9	-3.19% Aug 24, 2021 - Aug 26, 2021	-0.32% Jan 12, 2026 - Jan 15, 2026
#10	-2.95% Jun 11, 2021 - Jun 15, 2021	N/A
#11	-2.43% Sep 28, 2021 - Oct 1, 2021	N/A
#12	-0.52% Sep 21, 2021 - Sep 23, 2021	N/A