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

In the year to Oct 28, 2026, with distributions reinvested, BND returned −1.3% and BWET +5,121.7%.

Which is cheaper, BND or BWET?

BND is cheaper, by 4.65 percentage points a year. That is about $465 on $10,000 held for a year. Fees come from each fund's own filings.

Data as of Oct 28, 2026.

Across categories

BND vs BWET: Differences, Returns & Fees

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BND is a bond index fund and BWET a commodity futures fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against −1.3%.

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Net assets: $161.4bn on Sep 30, 2026 for Vanguard Total Bond Market ETF, and $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF.

BND on its own →BWET on its own →

At a glance

−1.3%

BND total return, 1 year

+5,121.7%

BWET total return, 1 year

0.03%

BND expense ratio

4.68%

BWET expense ratio

Pair scorecard

BND costs 4.65 points a year less; their one-year returns differ by 5123.0 points.

BND vs BWET: Differences, Returns & Fees
Measure	BND	BWET
Return
Measure	BND	BWET
Total return, 1 year	−1.3%	+5,121.7%
Drawdown
Measure	BND	BWET
Below its high	3.5%, high on Aug 6, 2020	11.2%, high on Oct 8, 2026
Benchmark
Measure	BND	BWET
What it tracks	Bloomberg U.S. Aggregate Float Adjusted Index	Tanker freight futures
Cost and size
Measure	BND	BWET
Expense ratio	0.03%	4.68%
Net assets, BND as of Sep 30, 2026 and BWET as of Oct 28, 2026	$161.4bn	$178m
Holdings
Measure	BND	BWET
Holdings in common	not published

Method

Side by side

BND Vanguard Total Bond Market ETF BWET Breakwave Tanker Shipping ETF

Where it sits Bond ETF Commodity ETF

Issuer Vanguard Breakwave

What it is Tracks an index of US aggregate bonds Holds tanker freight futures

Total return, 1 year −1.3% +5,121.7%

Its benchmark over the same days −1.4% (AGG) not measured

Gap to its benchmark +0.1 pts vs AGG not measured

Expense ratio 0.03% 4.68%

Holdings 16301 not counted

Net assets, BND as of Sep 30, 2026 and BWET as of Oct 28, 2026 $161.4bn $178m

BND and BWET on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

BND

BND tracks an index of US aggregate bonds. Over the year to Oct 28, 2026 it returned −1.3% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Float Adjusted Index, measured by the closely related Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.03% a year. It sat 3.5% below its high of Aug 6, 2020 on Oct 28, 2026.

BWET

Its expense ratio is 4.68%, for the year to Jun 30, 2026, as its 10-K states.

BWET holds tanker freight futures. Over the year to Oct 28, 2026 it returned +5,121.7% with distributions reinvested. It sat 11.2% below its high of Oct 8, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BND or BWET?: In the year to Oct 28, 2026, with distributions reinvested, BND returned −1.3% and BWET +5,121.7%.
Which is cheaper, BND or BWET?: BND is cheaper, by 4.65 percentage points a year. That is about $465 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

BND vs USO BND vs SIVR BND vs SLV BND vs GLDM AGG vs BWET BWET vs IUSB BWET vs TLT BSV vs BWET

Where to next

BND on its own →BWET on its own →Hold both: look the portfolio through →Rankings →BND dividend history →BND holdings →Standards and sources →

Sources and dates

BND filings on SEC EDGAR ↗

BND prospectus with the expense ratio (SEC) ↗

Vanguard page for BND ↗

Breakwave page for BWET ↗

Links are sources, not endorsements. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

ETFIQ, BND against BWET, data as of Oct 28, 2026. https://etfiq.com/compare/any/bnd-vs-bwet

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