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Data as of Oct 28, 2026.

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BWET vs RSP: Differences, Returns & Fees

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BWET is a commodity futures fund and RSP an equity index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +16.0%.

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Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $99.8bn on Oct 27, 2026 for Invesco S&P 500 Equal Weight ETF.

BWET on its own →RSP on its own →
At a glance
+5,121.7%
BWET total return, 1 year
+16.0%
RSP total return, 1 year
4.68%
BWET expense ratio
0.20%
RSP expense ratio

Pair scorecard

RSP costs 4.48 points a year less; their one-year returns differ by 5105.7 points; RSP is far larger, $99.7bn against $186m.

BWET vs RSP: Differences, Returns & Fees
MeasureBWETRSP
Return
Total return, 1 year+5,121.7%+16.0%
Drawdown
Below its high11.2%, high on Oct 8, 2026
Benchmark
What it tracksTanker freight futuresS&P 500 Equal Weight Index
Cost and size
Expense ratio4.68%0.20%
Net assets, as of Oct 26, 2026$186m$99.7bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight100%
Top ten holdings, share of the fund2.7%

Method

Side by side

BWET Breakwave Tanker Shipping ETF RSP Invesco S&P 500 Equal Weight ETF
Where it sits Commodity ETF Stock ETF
Issuer Breakwave Invesco
What it is Holds tanker freight futures Tracks the S&P 500 equal weight
Total return, 1 year +5,121.7% +16.0%
Its benchmark over the same days not measured +13.7% (IVV)
Gap to its benchmark not measured +2.3 pts vs IVV
Expense ratio 4.68% 0.20%
Holdings not counted 508
Net assets, BWET as of Oct 28, 2026 and RSP as of Oct 27, 2026 $178m $99.8bn

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

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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.

RSP

RSP tracks the S&P 500 equal weight. Over the year to Oct 28, 2026 it returned +16.0% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.20% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 508 positions, with the top ten at 2.7%.

Questions people ask

Which returned more over the last year, BWET or RSP?
In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and RSP +16.0%.
Which is cheaper, BWET or RSP?
RSP is cheaper, by 4.48 percentage points a year. That is about $448 on $10,000 held for a year. Fees come from each fund's own filings.
Other comparisons
BWET vs NOBLBWET vs DVYBWET vs VOEBWET vs COWZRSP vs USORSP vs SIVRRSP vs SLVGLDM vs RSP
Where to next
BWET on its own →RSP on its own →Hold both: look the portfolio through →Rankings →RSP dividend history →RSP holdings →Standards and sources →
Sources and dates
Breakwave page for BWET ↗
RSP filings on SEC EDGAR ↗
RSP prospectus with the expense ratio (SEC) ↗
Invesco website ↗

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

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

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