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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 QUAL: how they differ

BWET is a commodity fund and QUAL an equity index fund, and over the year BWET returned more, +5129.6% against +16.0%.

Breakwave Tanker Shipping ETF and iShares MSCI USA Quality Factor ETF.

BWET and QUAL on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
BWET
Breakwave Tanker Shipping ETF
QUAL
iShares MSCI USA Quality Factor ETF
Where it sitsCore index fundCore index fund
IssuerBreakwaveiShares
What it isTanker ShippingMSCI USA Quality Factor
Total return, 1 year+5129.6%+16.0%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+5112.1 pts−1.5 pts
Expense ratio0.15%0.15%
Holdingsnot filed121

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.

QUAL in plain words

QUAL is an index equity fund tracking the MSCI USA Quality Factor. Over the year to Sep 11, 2026 it returned +16.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Sep 10, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 121 positions, with the top ten at 44.4%. It sat 3.1% below its high of Aug 13, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, BWET or QUAL?
In the year to Sep 13, 2026, with distributions reinvested, BWET returned +5129.6% and QUAL returned +16.0%, so BWET returned more. One year is one year; the longer windows are in the table.
Which is cheaper, BWET or QUAL?
BWET charges 0.15% a year and QUAL charges 0.15%, 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 QUAL, 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 QUAL, data as of Sep 13, 2026. https://etfiq.com/compare/any/bwet-vs-qual Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources