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

In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and SCHB +13.4%.

Which is cheaper, BWET or SCHB?

SCHB is cheaper, by 4.65 percentage points a year. That is about $465 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 SCHB: Differences, Returns & Fees

Share on X Download as PDF

BWET is a commodity futures fund and SCHB an equity index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +13.4%.

askIQ about this page

askIQ about BWET and SCHB

Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $44.6bn on Aug 31, 2026 for Schwab U.S. Broad Market ETF.

BWET on its own →SCHB on its own →

At a glance

+5,121.7%

BWET total return, 1 year

+13.4%

SCHB total return, 1 year

4.68%

BWET expense ratio

0.03%

SCHB expense ratio

Pair scorecard

SCHB costs 4.65 points a year less; their one-year returns differ by 5108.3 points.

BWET vs SCHB: Differences, Returns & Fees
Measure	BWET	SCHB
Return
Measure	BWET	SCHB
Total return, 1 year	+5,121.7%	+13.4%
Drawdown
Measure	BWET	SCHB
Below its high	11.2%, high on Oct 8, 2026
Benchmark
Measure	BWET	SCHB
What it tracks	Tanker freight futures	Dow Jones U.S. Broad Stock Market Index
Cost and size
Measure	BWET	SCHB
Expense ratio	4.68%	0.03%
Net assets, BWET as of Oct 28, 2026 and SCHB as of Aug 31, 2026	$178m	$44.6bn
Holdings
Measure	BWET	SCHB
Holdings in common	not published
In the S&P 500, by weight		88%
Top ten holdings, share of the fund		33.7%

Method

Side by side

BWET Breakwave Tanker Shipping ETF SCHB Schwab U.S. Broad Market ETF

Where it sits Commodity ETF Stock ETF

Issuer Breakwave Schwab

What it is Holds tanker freight futures Tracks an index of US broad market

Total return, 1 year +5,121.7% +13.4%

Expense ratio 4.68% 0.03%

Holdings not counted 2372

Net assets, BWET as of Oct 28, 2026 and SCHB as of Aug 31, 2026 $178m $44.6bn

BWET and SCHB 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.

SCHB

SCHB tracks an index of US broad market. Over the year to Oct 28, 2026 it returned +13.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings filed for Aug 31, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 2,372 positions, with the top ten at 33.7%.

Questions people ask

Which returned more over the last year, BWET or SCHB?: In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and SCHB +13.4%.
Which is cheaper, BWET or SCHB?: SCHB is cheaper, by 4.65 percentage points a year. That is about $465 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

BWET vs DYNF BWET vs QUAL BWET vs SCHX BWET vs RDVY SCHB vs USO SCHB vs SIVR SCHB vs SLV GLDM vs SCHB

Where to next

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

Sources and dates

Breakwave page for BWET ↗

SCHB filings on SEC EDGAR ↗

SCHB prospectus with the expense ratio (SEC) ↗

Schwab website ↗

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

Cite this pageCitation, APA and Markdown

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

Open data →

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