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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 NOBL: how they differ

BWET is a commodity fund and NOBL an equity index fund, and over the year BWET returned more, +5129.6% against +9.4%.

Breakwave Tanker Shipping ETF and ProShares S&P 500 Dividend Aristocrats ETF.

BWET and NOBL on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
BWET
Breakwave Tanker Shipping ETF
NOBL
ProShares S&P 500 Dividend Aristocrats ETF
Where it sitsCore index fundCore index fund
IssuerBreakwaveProShares
What it isTanker ShippingS&P 500 Dividend Aristocrats
Total return, 1 year+5129.6%+9.4%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+5112.1 pts−8.1 pts
Expense ratio0.15%0.35%
Holdingsnot filed69

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.

NOBL in plain words

NOBL is an index equity fund tracking the S&P 500 Dividend Aristocrats. Over the year to Sep 11, 2026 it returned +9.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. By its holdings filed for Sep 11, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 69 positions, with the top ten at 16.5%. It sat 4.8% below its high of Aug 24, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, BWET or NOBL?
In the year to Sep 13, 2026, with distributions reinvested, BWET returned +5129.6% and NOBL returned +9.4%, so BWET returned more. One year is one year; the longer windows are in the table.
Which is cheaper, BWET or NOBL?
BWET charges 0.15% a year and NOBL charges 0.35%, so BWET 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 NOBL, 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 NOBL, data as of Sep 13, 2026. https://etfiq.com/compare/any/bwet-vs-nobl Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources