Data as of Oct 28, 2026.

vsCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Across categories

BOXX vs BWET: Differences, Returns & Fees

Share
Share on XDownload as PDF

BOXX is an actively managed short-term fund and BWET a commodity futures fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +4.0%.

askIQ about this page

askIQ about BOXX and BWET

Net assets on Oct 28, 2026: $14.5bn for Alpha Architect 1-3 Month Box ETF and $178m for Breakwave Tanker Shipping ETF.

At a glance
+4.0%
BOXX total return, 1 year
+5,121.7%
BWET total return, 1 year
0.19%
BOXX expense ratio
4.68%
BWET expense ratio

Pair scorecard

BOXX costs 4.49 points a year less; their one-year returns differ by 5117.7 points; BOXX is far larger, $14.5bn against $178m.

BOXX vs BWET: Differences, Returns & Fees
MeasureBOXXBWET
Return
Total return, 1 year+4.0%+5,121.7%
Drawdown
Below its high11.2%, high on Oct 8, 2026
Benchmark
What it tracksNo index, actively managedTanker freight futures
Cost and size
Expense ratio0.19%4.68%
Net assets$14.5bn$178m
Holdings
Holdings in commonnot published

Method

Risk and return

May 12, 2023 to Oct 23, 2026 · 180 weekly returns
BOXX BWET
Return
Total return edge BWET +17.0% +5,753.7%
Annualized edge BWET +4.6% +224.0%
Price return edge BWET +16.7% +5,753.7%
Risk
Volatility edge BOXX 0.2% 87.4%
Max drawdown edge BOXX −0.1% −55.9%
Risk-adjusted
Sharpe edge BWET −0.16 1.71
Sortino edge BWET −0.23 3.72
Calmar Not measured 4.01
Reading

BWET returned more: +5,753.7% to +17.0%. BOXX swung less: 0.2% to 87.4%. BOXX fell less at its worst: −0.1% to −55.9%.

Full scorecard

9 measures, with how each is measured
Open ↓
Risk and return: BOXX vs BWET: Differences, Returns & Fees
MeasureBOXXBWETEdgeHow it is measured
Return
Total return+17.0%+5,753.7%BWETPrice change plus distributions, reinvested.
Annualized+4.6%+224.0%BWETTotal return as a yearly rate.
Price return+16.7%+5,753.7%BWETPrice change alone, distributions left out.
Risk
Volatility0.2%87.4%BOXXSpread of weekly returns, annualized. Lower is steadier.
Downside deviation0.2%40.2%BOXXLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−0.1%−55.9%BOXXDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe−0.161.71BWETReturn above Treasury bills per unit of volatility.
Sortino−0.233.72BWETReturn above Treasury bills per unit of downside deviation.
CalmarNot measured4.01Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 180 weekly returns. Cash rate: the 13-week Treasury bill.

Side by side

BOXX Alpha Architect 1-3 Month Box ETF BWET Breakwave Tanker Shipping ETF
Where it sits Bond ETF Commodity ETF
What it is Actively managed Holds tanker freight futures
Total return, 1 year +4.0% +5,121.7%
Expense ratio 0.19% 4.68%
Net assets $14.5bn $178m

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

Client brief

No client brief for this pair: ETFIQ prints no one-year total return for BWET.

Alert

BWET flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
BOXX

BOXX is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +4.0% with distributions reinvested. The prospectus expense ratio is 0.19% 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, BOXX or BWET?
In the year to Oct 28, 2026, with distributions reinvested, BOXX returned +4.0% and BWET +5,121.7%.
Which is cheaper, BOXX or BWET?
BOXX is cheaper, by 4.49 percentage points a year. That is about $449 on $10,000 held for a year. Fees come from each fund's own filings.
Other comparisons
Cite this pageCitation, APA and Markdown

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

Open data →

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