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

In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and HYG +1.3%.

Which is cheaper, BWET or HYG?

HYG is cheaper, by 4.19 percentage points a year. That is about $419 on $10,000 held for a year. Fees come from each fund's own filings.

Data as of Oct 28, 2026.

Across categories

BWET vs HYG: Differences, Returns & Fees

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BWET is a commodity futures fund and HYG a bond index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +1.3%.

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Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $17.5bn on Oct 27, 2026 for iShares iBoxx $ High Yield Corporate Bond ETF.

BWET on its own →HYG on its own →

At a glance

+5,121.7%

BWET total return, 1 year

+1.3%

HYG total return, 1 year

4.68%

BWET expense ratio

0.49%

HYG expense ratio

Pair scorecard

HYG costs 4.19 points a year less; their one-year returns differ by 5120.4 points; HYG is far larger, $16.6bn against $166m.

BWET vs HYG: Differences, Returns & Fees
Measure	BWET	HYG
Return
Measure	BWET	HYG
Total return, 1 year	+5,121.7%	+1.3%
Drawdown
Measure	BWET	HYG
Below its high	11.2%, high on Oct 8, 2026
Benchmark
Measure	BWET	HYG
What it tracks	Tanker freight futures	Markit iBoxx USD Liquid High Yield Index
Cost and size
Measure	BWET	HYG
Expense ratio	4.68%	0.49%
Net assets, as of Oct 23, 2026	$166m	$16.6bn
Holdings
Measure	BWET	HYG
Holdings in common	not published

Method

Side by side

BWET Breakwave Tanker Shipping ETF HYG iShares iBoxx $ High Yield Corporate Bond ETF

Where it sits Commodity ETF Bond ETF

Issuer Breakwave iShares

What it is Holds tanker freight futures Tracks an index of US high yield bonds

Total return, 1 year +5,121.7% +1.3%

Its benchmark over the same days not measured −1.2% (IUSB)

Gap to its benchmark not measured +2.5 pts vs IUSB

Expense ratio 4.68% 0.49%

Holdings not counted 1332

Net assets, BWET as of Oct 28, 2026 and HYG as of Oct 27, 2026 $178m $17.5bn

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

Alert

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.

HYG

HYG tracks an index of US high yield bonds. Over the year to Oct 28, 2026 it returned +1.3% with distributions reinvested, against −1.2% for its benchmark, the Bloomberg U.S. Universal Index. The prospectus expense ratio is 0.49% a year.

Questions people ask

Which returned more over the last year, BWET or HYG?: In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and HYG +1.3%.
Which is cheaper, BWET or HYG?: HYG is cheaper, by 4.19 percentage points a year. That is about $419 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

BWET vs USHY BWET vs JNK BWET vs EMB BWET vs LQD HYG vs USO HYG vs SIVR HYG vs SLV GLDM vs HYG

Where to next

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

Sources and dates

Breakwave page for BWET ↗

HYG filings on SEC EDGAR ↗

HYG prospectus with the expense ratio (SEC) ↗

iShares page for HYG ↗

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

Cite this pageCitation, APA and Markdown

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

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