Data as of Oct 28, 2026.

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

BWET vs HGER: Differences, Returns & Fees

Share
Share on XDownload as PDF

BWET is a commodity futures fund and HGER an equity index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +46.9%.

askIQ about this page

askIQ about BWET and HGER

Net assets on Oct 28, 2026: $178m for Breakwave Tanker Shipping ETF and $5.0bn for Harbor Commodity All-Weather Strategy ETF.

At a glance
+5,121.7%
BWET total return, 1 year
+46.9%
HGER total return, 1 year
4.68%
BWET expense ratio
0.68%
HGER expense ratio

Pair scorecard

HGER costs 4.00 points a year less; their one-year returns differ by 5074.8 points; HGER is far larger, $5.0bn against $178m.

BWET vs HGER: Differences, Returns & Fees
MeasureBWETHGER
Return
Total return, 1 year+5,121.7%+46.9%
Drawdown
Below its high11.2%, high on Oct 8, 2026
Benchmark
What it tracksTanker freight futuresQuantix Commodity Index
Cost and size
Expense ratio4.68%0.68%
Net assets$178m$5.0bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Holdings datedJul 31, 2026

Method

Side by side

BWET Breakwave Tanker Shipping ETF HGER Harbor Commodity All-Weather Strategy ETF
Where it sits Commodity ETF Commodity ETF
What it is Holds tanker freight futures Tracks an index of Harbor Commodity All-Weather Strategy
Total return, 1 year +5,121.7% +46.9%
Expense ratio 4.68% 0.68%
Holdings not counted 0
Net assets $178m $5.0bn

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

Alert

BWET and HGER flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
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.

HGER

HGER tracks an index of Harbor Commodity All-Weather Strategy. Over the year to Oct 28, 2026 it returned +46.9% with distributions reinvested. The prospectus expense ratio is 0.68% a year. By its holdings filed for Jul 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 0 positions, with the top ten at not published.

Questions people ask

Which returned more over the last year, BWET or HGER?
In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and HGER +46.9%.
Which is cheaper, BWET or HGER?
HGER is cheaper, by 4.00 percentage points a year. That is about $400 on $10,000 held for a year. Fees come from each fund's own filings.
Other comparisons
Cite this pageCitation, APA and Markdown

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

Open data →

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