Which returned more over the last year, BWET or GDX?

In the year to Sep 12, 2026, with distributions reinvested, BWET returned +5129.6% and GDX returned +40.2%, so BWET returned more. One year is one year; the longer windows are in the table.

Are BWET and GDX the same kind of fund?

No. BWET is an index ETF and GDX is a thematic ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

BWET vs GDX: how they differ

Over the year BWET returned more, +5129.6% against +40.2%.

Breakwave Tanker Shipping ETF and VanEck Gold Miners ETF.

BWET and GDX on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	BWET Breakwave Tanker Shipping ETF	GDX VanEck Gold Miners ETF
Where it sits	Core index fund	Thematic ETF
Issuer	Breakwave	VanEck
What it is	Tanker Shipping	Miners and metals
Total return, 1 year	+5129.6%	+40.2%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	+5112.1 pts	+22.7 pts
Expense ratio	not published	0.51%
Holdings	not filed	59

BWET in plain words

BWET is a commodity fund tracking the Tanker Shipping. Over the year to Sep 11, 2026 it returned +5129.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100.

GDX in plain words

By weight, 11% of GDX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 58% of the fund across 59 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +40.2% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 22.7 pts. It sits 16.2% below its all-time high of Feb 27, 2026.

Questions people ask

Which returned more over the last year, BWET or GDX?: In the year to Sep 12, 2026, with distributions reinvested, BWET returned +5129.6% and GDX returned +40.2%, so BWET returned more. One year is one year; the longer windows are in the table.
Are BWET and GDX the same kind of fund?: No. BWET is an index ETF and GDX is a thematic ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

BWET against GDX, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, BWET against GDX, data as of Sep 12, 2026. https://etfiq.com/compare/any/BWET-GDX Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources