Get the weekly note

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 GOVT: how they differ

BWET is a commodity fund and GOVT a bond index fund, and over the year BWET returned more, +5129.6% against −1.0%.

Breakwave Tanker Shipping ETF and iShares U.S. Treasury Bond ETF.

BWET and GOVT on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
BWET
Breakwave Tanker Shipping ETF
GOVT
iShares U.S. Treasury Bond ETF
Where it sitsCore index fundCore index fund
IssuerBreakwaveiShares
What it isTanker ShippingU.S. Treasury Bond
Total return, 1 year+5129.6%−1.0%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+5112.1 pts−18.5 pts
Expense ratio0.15%0.05%
Holdingsnot filed216

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.

GOVT in plain words

GOVT is a bond fund tracking the U.S. Treasury Bond. Over the year to Sep 11, 2026 it returned −1.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. It sat 8.4% below its high of Aug 4, 2020 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, BWET or GOVT?
In the year to Sep 13, 2026, with distributions reinvested, BWET returned +5129.6% and GOVT returned −1.0%, so BWET returned more. One year is one year; the longer windows are in the table.
Which is cheaper, BWET or GOVT?
BWET charges 0.15% a year and GOVT charges 0.05%, so GOVT is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where to next

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

A comparison is not a recommendation. Standards and sources