Are BWET and LYTE in the same category?

BWET is a commodity ETF and LYTE is a thematic ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.

Which is cheaper, BWET or LYTE?

LYTE is cheaper, by 4.03 percentage points a year. That is about $403 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 LYTE: Differences, Returns & Fees

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BWET and LYTE are measured over different days, and LYTE charges 0.65% to BWET's 4.68%.

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Net assets on Oct 28, 2026: $178m for Breakwave Tanker Shipping ETF and $165m for Roundhill Photonics & Optics ETF.

BWET on its own →LYTE on its own →

At a glance

+5,121.7%

BWET total return, 1 year

−19.6%

LYTE total return, since launch, Aug 6, 2026

4.68%

BWET expense ratio

0.65%

LYTE expense ratio

Pair scorecard

LYTE costs 4.03 points a year less; BWET is 1.1 times larger.

BWET vs LYTE: Differences, Returns & Fees
Measure	BWET	LYTE
Return
Measure	BWET	LYTE
Total return, 1 year	+5,121.7%	not published
Drawdown
Measure	BWET	LYTE
Below its high	11.2%, high on Oct 8, 2026
Below its all-time high		28.5%, high on Aug 17, 2026
Benchmark
Measure	BWET	LYTE
What it tracks	Tanker freight futures	Photonics and optics
Cost and size
Measure	BWET	LYTE
Expense ratio	4.68%	0.65%
Net assets	$178m	$165m
Holdings
Measure	BWET	LYTE
Holdings in common	not published

Method

Side by side

BWET Breakwave Tanker Shipping ETF LYTE Roundhill Photonics & Optics ETF

Where it sits Commodity ETF Thematic ETF

Issuer Breakwave Roundhill

What it is Holds tanker freight futures Photonics and optics

Total return, 1 year +5,121.7% −19.6% (since launch, Aug 6, 2026)

Expense ratio 4.68% 0.65%

Net assets $178m $165m

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

Client brief

No client brief for this pair: ETFIQ prints no one-year total return for BWET or LYTE.

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.

LYTE

LYTE has no public holdings filing captured yet. Since it first traded on Aug 6, 2026 the fund returned −19.6% with distributions reinvested. It sits 28.5% below its all-time high of Aug 17, 2026.

Questions people ask

Are BWET and LYTE in the same category?: BWET is a commodity ETF and LYTE is a thematic ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which is cheaper, BWET or LYTE?: LYTE is cheaper, by 4.03 percentage points a year. That is about $403 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

BWET vs GDX BWET vs REMX BWET vs XBI BWET vs IBB LYTE vs USO LYTE vs SLV GLDM vs LYTE IAU vs LYTE

Where to next

BWET on its own →LYTE on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Sources and dates

Breakwave page for BWET ↗

LYTE filings on SEC EDGAR ↗

LYTE prospectus with the expense ratio (SEC) ↗

Roundhill page for LYTE ↗

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

Cite this pageCitation, APA and Markdown

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

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