Gerard Way covering the traditional folk song 'O Waly Waly'.

Gerard Way has recorded a cover of the old folk song 'O Waly Waly' - also known as 'The Water Is Wide' - for the credits of Kevin Smith’s new Walrus-themed horror film, 'Tusk'.

Earlier this year, Smith said about the cover: "Gerard turned the piece into this achingly beautiful, haunting declaration of undying, hopeless love. If you’ve ever been in that kind of love, this song will crush you. It’s such a heartbreaker, you can’t help but well up with tears. You could play this track at a wedding or at a funeral and it would be equally appropriate in both places."

Listen to Gerard’s cover below…

P.S. Click HERE to stream Gerard’s debut solo album!