Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
BWET vs MOAT: how they differ
BWET is a commodity fund and MOAT an equity index fund, and over the year BWET returned more, +5129.6% against +11.3%.
Breakwave Tanker Shipping ETF and VanEck Morningstar Wide Moat ETF.
| BWET Breakwave Tanker Shipping ETF | MOAT VanEck Morningstar Wide Moat ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Breakwave | VanEck |
| What it is | Tanker Shipping | Morningstar Wide Moat |
| Total return, 1 year | +5129.6% | +11.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5112.1 pts | −6.2 pts |
| Expense ratio | 0.15% | 0.46% |
| Holdings | not filed | 55 |
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.
MOAT in plain words
MOAT is an index equity fund tracking the Morningstar Wide Moat. Over the year to Sep 11, 2026 it returned +11.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.46% a year. By its holdings filed for Sep 10, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 55 positions, with the top ten at 27.1%. It sat 5.7% below its high of Aug 27, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, BWET or MOAT?
- In the year to Sep 13, 2026, with distributions reinvested, BWET returned +5129.6% and MOAT returned +11.3%, so BWET returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, BWET or MOAT?
- BWET charges 0.15% a year and MOAT charges 0.46%, so BWET is cheaper. Fees come from each fund's prospectus.
Other comparisons
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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.
Cite this page. ETFIQ, BWET against MOAT, data as of Sep 13, 2026. https://etfiq.com/compare/any/bwet-vs-moat Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources