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

In the year to Oct 28, 2026, with distributions reinvested, BNDX returned −0.9% and BWET +5,121.7%.

Which is cheaper, BNDX or BWET?

BNDX is cheaper, by 4.61 percentage points a year. That is about $461 on $10,000 held for a year. Fees come from each fund's own filings.

Data as of Oct 28, 2026.

Across categories

BNDX vs BWET: Differences, Returns & Fees

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BNDX 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 −0.9%.

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Net assets: $82.9bn on Sep 30, 2026 for Vanguard Total International Bond ETF, and $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF.

BNDX on its own →BWET on its own →

At a glance

−0.9%

BNDX total return, 1 year

+5,121.7%

BWET total return, 1 year

0.07%

BNDX expense ratio

4.68%

BWET expense ratio

Pair scorecard

BNDX costs 4.61 points a year less; their one-year returns differ by 5122.6 points.

BNDX vs BWET: Differences, Returns & Fees
Measure	BNDX	BWET
Return
Measure	BNDX	BWET
Total return, 1 year	−0.9%	+5,121.7%
Drawdown
Measure	BNDX	BWET
Below its high		11.2%, high on Oct 8, 2026
Benchmark
Measure	BNDX	BWET
What it tracks	Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged)	Tanker freight futures
Cost and size
Measure	BNDX	BWET
Expense ratio	0.07%	4.68%
Net assets, BNDX as of Sep 30, 2026 and BWET as of Oct 28, 2026	$82.9bn	$178m
Holdings
Measure	BNDX	BWET
Holdings in common	not published

Method

Side by side

BNDX Vanguard Total International Bond ETF BWET Breakwave Tanker Shipping ETF

Where it sits Bond ETF Commodity ETF

Issuer Vanguard Breakwave

What it is Tracks an index of Total International Bond Holds tanker freight futures

Total return, 1 year −0.9% +5,121.7%

Expense ratio 0.07% 4.68%

Holdings 6840 not counted

Net assets, BNDX as of Sep 30, 2026 and BWET as of Oct 28, 2026 $82.9bn $178m

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

Alert

About each fund

BNDX

BNDX tracks an index of Total International Bond. Over the year to Oct 28, 2026 it returned −0.9% with distributions reinvested. The prospectus expense ratio is 0.07% a year.

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, BNDX or BWET?: In the year to Oct 28, 2026, with distributions reinvested, BNDX returned −0.9% and BWET +5,121.7%.
Which is cheaper, BNDX or BWET?: BNDX is cheaper, by 4.61 percentage points a year. That is about $461 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

BNDX vs USO BNDX vs SIVR BNDX vs SLV BNDX vs GLDM BWET vs VCSH BWET vs IEF BWET vs GOVT BWET vs VGIT

Where to next

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

Sources and dates

BNDX filings on SEC EDGAR ↗

BNDX prospectus with the expense ratio (SEC) ↗

Vanguard page for BNDX ↗

Breakwave page for BWET ↗

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

Cite this pageCitation, APA and Markdown

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

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.