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OWNB vs BWET

Comparison between BITWISE BITCOIN STANDARD CORPORATIONS ETF (OWNB, ETF) and Breakwave Tanker Shipping ETF (BWET, ETF).

OWNB vs BWET - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
OWNB
$24M
BWET
$24M
Expense Ratio
Winner
OWNB
0.85%
BWET
3.50%
Max Drawdown
OWNB
59.77%
Winner
BWET
56.90%
Sharpe Ratio
OWNB
-0.55
Winner
BWET
3.43
5Y Beta
OWNB
2.14
Winner
BWET
-0.20
P/E Ratio
OWNB
-15.60
BWET
N/A
Forward P/E
OWNB
4.34
BWET
N/A
Debt to Equity
OWNB
66.29%
BWET
N/A
P/S Ratio
OWNB
3.23
BWET
N/A
P/B Ratio
OWNB
1.63
BWET
N/A

OWNB vs BWET - Holdings Comparison

OWNB and BWET have 0 common holdings. Overlap is 0.00%

OWNB's top 25 holdings weight is 95.25%. BWET's top 25 holdings weight is 38.40%.

RankOWNBBWET
#1
STRATEGY INC CLASS A (MSTR) - 16.61%
INVESCO SHRT-TRM INV GOV&AGCY INSTL (AGPXX) - 38.40%
#2
MARA HOLDINGS INC (MARA) - 10.38%
N/A
#3
HUT 8 CORP (HUT) - 7.98%
N/A
#4
RIOT PLATFORMS INC (RIOT) - 6.47%
N/A
#5
CLEANSPARK INC (CLSK) - 5.81%
N/A
#6
TWENTY ONE CAPITAL INC CLASS A (XXI) - 5.60%
N/A
#7
STRIVE INC CLASS A (ASST) - 5.27%
N/A
#8
KEEL INFRASTRUCTURE CORP (n/a) - 3.77%
N/A
#9
METAPLANET INC (n/a) - 3.50%
N/A
#10
BITDEER TECHNOLOGIES GROUP ORDINARY SHARES CLASS A (BTDR) - 3.21%
N/A
#11
TRUMP MEDIA & TECHNOLOGY GROUP CORP (DJT) - 2.57%
N/A
#12
CORE SCIENTIFIC INC ORDINARY SHARES NEW (CORZ) - 2.44%
N/A
#13
CIPHER DIGITAL INC (CIFR) - 2.40%
N/A
#14
AMERICAN BITCOIN CORP (ABTC) - 2.30%
N/A
#15
EMPERY DIGITAL INC (EMPD) - 2.24%
N/A
#16
BOYAA INTERACTIVE INTERNATIONAL LTD (n/a) - 2.06%
N/A
#17
GALAXY DIGITAL INC ORDINARY SHARES CLASS A (GLXY) - 1.75%
N/A
#18
REMIXPOINT INC (n/a) - 1.64%
N/A
#19
CAPITAL B (n/a) - 1.44%
N/A
#20
EXODUS MOVEMENT INC CLASS A (EXOD) - 1.44%
N/A
#21
BLOCK INC CLASS A (XYZ) - 1.39%
N/A
#22
CANGO INC CLASS A (CANG) - 1.38%
N/A
#23
TESLA INC (TSLA) - 1.33%
N/A
#24
NEXT TECHNOLOGY HOLDING INC ORDINARY SHARES (NXTT) - 1.17%
N/A
#25
COINBASE GLOBAL INC ORDINARY SHARES CLASS A (COIN) - 1.10%
N/A
Total Holdings351

OWNB vs BWET - Historical Returns

Returns include dividend reinvestment.

1M
OWNB
-10.73%
Winner
BWET
+14.63%
3M
OWNB
+14.31%
Winner
BWET
+218.06%
6M
OWNB
-17.81%
Winner
BWET
+693.57%
1Y
OWNB
-33.10%
Winner
BWET
+1913.60%
Max(CAGR)
OWNB
-6.68%
Winner
BWET
+135.48%

OWNB vs BWET - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

YearOWNBBWET
2026-10.56%+967.27%
2025-3.57%+94.89%
2024N/A-37.86%
2023N/A+15.94%

OWNB vs BWET Drawdown Comparison

The maximum drawdown for OWNB was -59.47%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The maximum drawdown for BWET was -56.90%, occurring on Jan 6, 2025. Recovery took 606 trading sessions.

The current OWNB drawdown is -46.43%. The current BWET drawdown is -5.67%.

RankOWNBBWET
#1-59.47%
Oct 15, 2025 - Mar 30, 2026
-56.90%
Jun 15, 2023 - Nov 13, 2025
#2-28.43%
Mar 24, 2025 - May 8, 2025
-30.64%
Apr 9, 2026 - May 1, 2026
#3-22.47%
Jul 16, 2025 - Oct 6, 2025
-29.21%
May 5, 2026 - May 27, 2026
#4-17.71%
May 21, 2025 - Jul 2, 2025
-28.84%
Dec 15, 2025 - Jan 9, 2026
#5-6.69%
Oct 6, 2025 - Oct 15, 2025
-21.50%
Mar 2, 2026 - Mar 16, 2026
#6-6.12%
May 13, 2025 - May 19, 2025
-19.47%
Mar 30, 2026 - Apr 2, 2026
#7-4.43%
Mar 17, 2025 - Mar 19, 2025
-12.62%
May 16, 2023 - Jun 9, 2023
#8-3.64%
Jul 14, 2025 - Jul 16, 2025
-10.03%
Jan 14, 2026 - Jan 29, 2026
#9-3.42%
Jul 3, 2025 - Jul 9, 2025
-9.66%
May 3, 2023 - May 10, 2023
#10-3.35%
Mar 12, 2025 - Mar 14, 2025
-8.94%
Nov 25, 2025 - Dec 11, 2025
#11-0.20%
Mar 19, 2025 - Mar 21, 2025
-8.47%
Feb 6, 2026 - Feb 17, 2026
#12N/A-7.83%
Mar 24, 2026 - Mar 26, 2026
#13N/A-5.43%
Nov 13, 2025 - Nov 20, 2025
#14N/A-5.20%
Jan 30, 2026 - Feb 6, 2026
#15N/A-4.44%
Jan 9, 2026 - Jan 13, 2026

Correlation

Correlation between OWNB and BWET is -0.55 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.55
-101

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