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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 LQD: how they differ

BWET is a commodity fund and LQD a bond index fund, and over the year BWET returned more, +5129.6% against −2.7%.

Breakwave Tanker Shipping ETF and iShares iBoxx $ Investment Grade Corporate Bond ETF.

BWET and LQD on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
BWET
Breakwave Tanker Shipping ETF
LQD
iShares iBoxx $ Investment Grade Corporate Bond ETF
Where it sitsCore index fundCore index fund
IssuerBreakwaveiShares
What it isTanker ShippingUS investment grade bonds
Total return, 1 year+5129.6%−2.7%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+5112.1 pts−20.2 pts
Expense ratio0.15%0.14%
Holdingsnot filed3149

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.

LQD in plain words

LQD is a bond fund tracking the US investment grade bonds. Over the year to Sep 11, 2026 it returned −2.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.14% a year. It sat 6.4% below its high of Sep 22, 2021 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, BWET or LQD?
In the year to Sep 13, 2026, with distributions reinvested, BWET returned +5129.6% and LQD returned −2.7%, so BWET returned more. One year is one year; the longer windows are in the table.
Which is cheaper, BWET or LQD?
BWET charges 0.15% a year and LQD charges 0.14%, so LQD 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 LQD, 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 LQD, data as of Sep 13, 2026. https://etfiq.com/compare/any/bwet-vs-lqd Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources