A 1,300% Rally Turns a Tiny Shipping ETF Into an Iran War Gauge

Every twist in the Iran conflict — every ceasefire bet, every missile strike, every shift in tanker traffic — shows up almost instantly in a $65 million exchange-traded fund that...

By Mia Gindis, Sidhartha Shukla · Bloomberg Markets

Every twist in the Iran conflict — every ceasefire bet, every missile strike, every shift in tanker traffic — shows up almost instantly in a $65 million exchange-traded fund that most investors have never heard of.