Data as of Oct 28, 2026.

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BWET vs MINT: Differences, Returns & Fees

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BWET is a commodity futures fund and MINT an actively managed short-term fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +4.2%.

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Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $16.4bn on Jun 30, 2026 for PIMCO Enhanced Short Maturity Active Exchange-Traded Fund.

At a glance
+5,121.7%
BWET total return, 1 year
+4.2%
MINT total return, 1 year
4.68%
BWET expense ratio
0.36%
MINT expense ratio

Pair scorecard

MINT costs 4.32 points a year less; their one-year returns differ by 5117.5 points.

BWET vs MINT: Differences, Returns & Fees
MeasureBWETMINT
Return
Total return, 1 year+5,121.7%+4.2%
Drawdown
Below its high11.2%, high on Oct 8, 2026
Benchmark
What it tracksTanker freight futuresNo index, actively managed
Cost and size
Expense ratio4.68%0.36%
Net assets, BWET as of Oct 28, 2026 and MINT as of Jun 30, 2026$178m$16.4bn
Holdings
Holdings in commonnot published

Method

Risk and return

May 12, 2023 to Oct 23, 2026 · 180 weekly returns
BWET MINT
Return
Total return edge BWET +5,753.7% +19.3%
Annualized edge BWET +224.0% +5.2%
Price return edge BWET +5,753.7% +1.3%
Risk
Volatility edge MINT 87.4% 0.3%
Max drawdown edge MINT −55.9% −0.1%
Risk-adjusted
Sharpe edge MINT 1.71 1.94
Sortino edge BWET 3.72 3.02
Calmar 4.01 Not measured
Reading

BWET returned more: +5,753.7% to +19.3%. MINT swung less: 0.3% to 87.4%. MINT fell less at its worst: −0.1% to −55.9%.

Full scorecard

9 measures, with how each is measured
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Risk and return: BWET vs MINT: Differences, Returns & Fees
MeasureBWETMINTEdgeHow it is measured
Return
Total return+5,753.7%+19.3%BWETPrice change plus distributions, reinvested.
Annualized+224.0%+5.2%BWETTotal return as a yearly rate.
Price return+5,753.7%+1.3%BWETPrice change alone, distributions left out.
Risk
Volatility87.4%0.3%MINTSpread of weekly returns, annualized. Lower is steadier.
Downside deviation40.2%0.2%MINTLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−55.9%−0.1%MINTDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe1.711.94MINTReturn above Treasury bills per unit of volatility.
Sortino3.723.02BWETReturn above Treasury bills per unit of downside deviation.
Calmar4.01Not measuredAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 180 weekly returns. Cash rate: the 13-week Treasury bill.

Side by side

BWET Breakwave Tanker Shipping ETF MINT PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
Where it sits Commodity ETF Bond ETF
What it is Holds tanker freight futures Actively managed
Total return, 1 year +5,121.7% +4.2%
Expense ratio 4.68% 0.36%
Holdings not counted 977
Net assets, BWET as of Oct 28, 2026 and MINT as of Jun 30, 2026 $178m $16.4bn

BWET and MINT 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.

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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.

MINT

MINT is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +4.2% with distributions reinvested. The prospectus expense ratio is 0.36% a year.

Questions people ask

Which returned more over the last year, BWET or MINT?
In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and MINT +4.2%.
Which is cheaper, BWET or MINT?
MINT is cheaper, by 4.32 percentage points a year. That is about $432 on $10,000 held for a year. Fees come from each fund's own filings.
Other comparisons
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ETFIQ, BWET against MINT, data as of Oct 28, 2026. https://etfiq.com/compare/any/bwet-vs-mint

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