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

In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and SCHP −0.8%.

Which is cheaper, BWET or SCHP?

SCHP 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 SCHP: Differences, Returns & Fees

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BWET is a commodity futures fund and SCHP a bond index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against −0.8%.

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Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $16.5bn on Jun 30, 2026 for Schwab U.S. TIPS ETF.

BWET on its own →SCHP on its own →

At a glance

+5,121.7%

BWET total return, 1 year

−0.8%

SCHP total return, 1 year

4.68%

BWET expense ratio

0.03%

SCHP expense ratio

Pair scorecard

SCHP costs 4.65 points a year less; their one-year returns differ by 5122.5 points.

BWET vs SCHP: Differences, Returns & Fees
Measure	BWET	SCHP
Return
Measure	BWET	SCHP
Total return, 1 year	+5,121.7%	−0.8%
Drawdown
Measure	BWET	SCHP
Below its high	11.2%, high on Oct 8, 2026
Benchmark
Measure	BWET	SCHP
What it tracks	Tanker freight futures	US TIPS
Cost and size
Measure	BWET	SCHP
Expense ratio	4.68%	0.03%
Net assets, BWET as of Oct 28, 2026 and SCHP as of Jun 30, 2026	$178m	$16.5bn
Holdings
Measure	BWET	SCHP
Holdings in common	not published

Method

Side by side

BWET Breakwave Tanker Shipping ETF SCHP Schwab U.S. TIPS ETF

Where it sits Commodity ETF Bond ETF

Issuer Breakwave Schwab

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

Total return, 1 year +5,121.7% −0.8%

Its benchmark over the same days not measured −1.4% (AGG)

Gap to its benchmark not measured +0.6 pts vs AGG

Expense ratio 4.68% 0.03%

Holdings not counted 48

Net assets, BWET as of Oct 28, 2026 and SCHP as of Jun 30, 2026 $178m $16.5bn

BWET and SCHP 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.

SCHP

SCHP tracks an index of US TIPS. Over the year to Oct 28, 2026 it returned −0.8% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg US Aggregate Bond Index. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, BWET or SCHP?: In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and SCHP −0.8%.
Which is cheaper, BWET or SCHP?: SCHP 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 TIP BWET vs IEI BWET vs VTIP BWET vs PFF SCHP vs USO SCHP vs SIVR SCHP vs SLV GLDM vs SCHP

Where to next

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

Sources and dates

Breakwave page for BWET ↗

SCHP filings on SEC EDGAR ↗

SCHP 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 SCHP, data as of Oct 28, 2026. https://etfiq.com/compare/any/bwet-vs-schp

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