Which returned more over the last year, BWET or NOBL?

In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and NOBL +15.5%.

Which is cheaper, BWET or NOBL?

NOBL is cheaper, by 4.33 percentage points a year. That is about $433 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 NOBL: Differences, Returns & Fees

Share on X Download as PDF

BWET is a commodity futures fund and NOBL an equity index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +15.5%.

askIQ about this page

askIQ about BWET and NOBL

Net assets on Oct 28, 2026: $178m for Breakwave Tanker Shipping ETF and $11.6bn for ProShares S&P 500 Dividend Aristocrats ETF.

BWET on its own →NOBL on its own →

At a glance

+5,121.7%

BWET total return, 1 year

+15.5%

NOBL total return, 1 year

4.68%

BWET expense ratio

0.35%

NOBL expense ratio

Pair scorecard

NOBL costs 4.33 points a year less; their one-year returns differ by 5106.2 points; NOBL is far larger, $11.6bn against $178m.

BWET vs NOBL: Differences, Returns & Fees
Measure	BWET	NOBL
Return
Measure	BWET	NOBL
Total return, 1 year	+5,121.7%	+15.5%
Drawdown
Measure	BWET	NOBL
Below its high	11.2%, high on Oct 8, 2026
Benchmark
Measure	BWET	NOBL
What it tracks	Tanker freight futures	S&P 500 Dividend Aristocrats Index
Cost and size
Measure	BWET	NOBL
Expense ratio	4.68%	0.35%
Net assets	$178m	$11.6bn
Holdings
Measure	BWET	NOBL
Holdings in common	not published
In the S&P 500, by weight		98%
Holdings dated		Oct 27, 2026
Top ten holdings, share of the fund		17.0%

Method

Side by side

BWET Breakwave Tanker Shipping ETF NOBL ProShares S&P 500 Dividend Aristocrats ETF

Where it sits Commodity ETF Stock ETF

Issuer Breakwave ProShares

What it is Holds tanker freight futures Tracks the S&P 500 Dividend Aristocrats

Total return, 1 year +5,121.7% +15.5%

Expense ratio 4.68% 0.35%

Holdings not counted 69

Net assets $178m $11.6bn

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

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.

NOBL

NOBL tracks the S&P 500 Dividend Aristocrats. Over the year to Oct 28, 2026 it returned +15.5% with distributions reinvested. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 69 positions, with the top ten at 17.0%.

Questions people ask

Which returned more over the last year, BWET or NOBL?: In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and NOBL +15.5%.
Which is cheaper, BWET or NOBL?: NOBL is cheaper, by 4.33 percentage points a year. That is about $433 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

BWET vs COWZ BWET vs DVY BWET vs RSP BWET vs SDY NOBL vs USO NOBL vs SIVR NOBL vs SLV GLDM vs NOBL

Where to next

BWET on its own →NOBL on its own →Hold both: look the portfolio through →Rankings →NOBL dividend history →NOBL holdings →Standards and sources →

Sources and dates

Breakwave page for BWET ↗

NOBL filings on SEC EDGAR ↗

NOBL prospectus with the expense ratio (SEC) ↗

ProShares page for NOBL ↗

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

Cite this pageCitation, APA and Markdown

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

Open data →

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