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Another perspective - the ETF tracking shipping indices (BDRY) is outperforming every other US ETF for 2021 YTD at 177%, including leveraged index ETFs.

https://etfdb.com/compare/highest-ytd-returns/

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Tempting, but good God, that expense ratio. The highest I've ever seen on an ETF.

An even better reason might be that the operator has been fined more than the market cap of this fund.

https://www.investmentnews.com/etf-managers-group-nasdaq-fin...

You're not joking:

> Expense Ratio 3.32%

https://etfdb.com/etf/BDRY/#etf-ticker-profile

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