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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 SPY: how they differ

BWET is a commodity fund and SPY an equity index fund, and over the year BWET returned more, +5129.6% against +17.5%.

Breakwave Tanker Shipping ETF and SPDR S&P 500 ETF Trust.

BWET and SPY on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
BWET
Breakwave Tanker Shipping ETF
SPY
SPDR S&P 500 ETF Trust
Where it sitsCore index fundCore index fund
IssuerBreakwaveState Street
What it isTanker ShippingS&P 500, book from IVV
Total return, 1 year+5129.6%+17.5%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+5112.1 pts0.0 pts
Expense rationot published0.09%
Holdingsnot filed504

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.

SPY in plain words

SPY is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 504 positions, with the top ten at 36.4%.

Questions people ask

Which returned more over the last year, BWET or SPY?
In the year to Sep 12, 2026, with distributions reinvested, BWET returned +5129.6% and SPY returned +17.5%, so BWET returned more. One year is one year; the longer windows are in the table.

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

A comparison is not a recommendation. Standards and sources