The investment seeks to provide investors with exposure to the daily change in the price of crude oil tanker freight futures before expenses and liabilities of the fund, by tracking the performance of a portfolio mainly consisting of the nearest calendar quarter of futures contracts on specified indexes that measure prices for shipping crude oil... Show more
Category CommoditiesBroadBasket
A.I.dvisor tells us that BWET and SLVO have been poorly correlated (+11% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that BWET and SLVO's prices will move in lockstep.
| Ticker / NAME | Correlation To BWET | 1D Price Change % | ||
|---|---|---|---|---|
| BWET | 100% | -0.92% | ||
| SLVO - BWET | 11% Poorly correlated | -0.36% | ||
| USOI - BWET | 8% Poorly correlated | -0.02% | ||
| GLDI - BWET | 6% Poorly correlated | -0.06% | ||
| PHYS - BWET | 6% Poorly correlated | +0.33% | ||
| IAUM - BWET | 6% Poorly correlated | -0.19% | ||
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