Breakwave Dry Bulk Shipping ETF BDRY, which is the only freight futures ETF exclusively focused on dry bulk shipping, has plunged 24.8% so far this year. Breakwave Dry Bulk Shipping ETF (BDRY): ETF Research Reports While inflationary pressures, tightening policies from the central banks worldwide and geopolitical issues are making investors jittery, an improving economy, rising consumer confidence and solid corporate earnings are acting as catalysts.