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Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

BWET vs GARP: how they differ

BWET is a commodity fund and GARP an equity index fund, and over the year BWET returned more, +5129.6% against +29.5%.

Breakwave Tanker Shipping ETF and iShares MSCI USA Quality GARP ETF.

BWET and GARP on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
BWET
Breakwave Tanker Shipping ETF
GARP
iShares MSCI USA Quality GARP ETF
Where it sitsCore index fundCore index fund
IssuerBreakwaveiShares
What it isTanker ShippingMSCI USA Quality GARP
Total return, 1 year+5129.6%+29.5%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+5112.1 pts+12.0 pts
Expense ratio0.15%0.15%
Holdingsnot filed133

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. The prospectus expense ratio is 0.15% a year.

GARP in plain words

GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Sep 10, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 133 positions, with the top ten at 43.2%.

Questions people ask

Which returned more over the last year, BWET or GARP?
In the year to Sep 13, 2026, with distributions reinvested, BWET returned +5129.6% and GARP returned +29.5%, so BWET returned more. One year is one year; the longer windows are in the table.
Which is cheaper, BWET or GARP?
BWET charges 0.15% a year and GARP charges 0.15%, so BWET is cheaper. Fees come from each fund's prospectus.

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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 GARP, ETFIQ, data as of Sep 13, 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 GARP, data as of Sep 13, 2026. https://etfiq.com/compare/any/bwet-vs-garp Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources