The Republic of Breakwave Tanker Shipping ETF is a huge, socially progressive nation, notable for its daily referendums, irreverence towards religion, and devotion to social welfare. The compassionate, hard-working, democratic population of 795 million Breakwave Tanker Shipping ETFians have some civil rights, but not too many, enjoy the freedom to spend their money however they like, to a point, and take part in free and open elections, although not too often.

The relatively small government prioritizes Welfare, with Education, Defense, and Healthcare also on the agenda, while Spirituality and Social Policy are ignored. The average income tax rate is 18.0%, but much higher for the wealthy.

The very strong Breakwave Tanker Shipping ETFian economy, worth 51.2 trillion dollars a year, is broadly diversified and led by the Woodchip Exports industry, with major contributions from Arms Manufacturing, Book Publishing, and Uranium Mining. Average income is 64,347 dollars, and evenly distributed, with the richest citizens earning only 3.0 times as much as the poorest.

The government tries not to listen to the people unless it absolutely has to, the free market's hand is quite visible, major cities shut down as their local sports team takes to the field every day, and burnt-out forty-foot-tall wicker men dot the countryside. Crime, especially youth-related, is totally unknown. Breakwave Tanker Shipping ETF's national animal is the shares, which teeters on the brink of extinction due to widespread deforestation.

Breakwave Tanker Shipping ETF is ranked 138,479^th in the world and 49^th in OTC Markets for Fattest Citizens, with 9.98 Obesity Rate.