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

In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and SPHD +11.0%.

Which is cheaper, BWET or SPHD?

SPHD is cheaper, by 4.38 percentage points a year. That is about $438 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 SPHD: Differences, Returns & Fees

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BWET is a commodity futures fund and SPHD an equity index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +11.0%.

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Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $3.3bn on Oct 27, 2026 for Invesco S&P 500 High Dividend Low Volatility ETF.

BWET on its own →SPHD on its own →

At a glance

+5,121.7%

BWET total return, 1 year

+11.0%

SPHD total return, 1 year

4.68%

BWET expense ratio

0.30%

SPHD expense ratio

Pair scorecard

SPHD costs 4.38 points a year less; their one-year returns differ by 5110.7 points; SPHD is 18.3 times larger.

BWET vs SPHD: Differences, Returns & Fees
Measure	BWET	SPHD
Return
Measure	BWET	SPHD
Total return, 1 year	+5,121.7%	+11.0%
Drawdown
Measure	BWET	SPHD
Below its high	11.2%, high on Oct 8, 2026	4.2%, high on Aug 24, 2026
Benchmark
Measure	BWET	SPHD
What it tracks	Tanker freight futures	S&P 500 Low Volatility High Dividend Index
Cost and size
Measure	BWET	SPHD
Expense ratio	4.68%	0.30%
Net assets, as of Oct 26, 2026	$186m	$3.4bn
Holdings
Measure	BWET	SPHD
Holdings in common	not published
In the S&P 500, by weight		95%
Top ten holdings, share of the fund		28.2%

Method

Side by side

BWET Breakwave Tanker Shipping ETF SPHD Invesco S&P 500 High Dividend Low Volatility ETF

Where it sits Commodity ETF Stock ETF

Issuer Breakwave Invesco

What it is Holds tanker freight futures Tracks the S&P 500 High Dividend Low Volatility

Total return, 1 year +5,121.7% +11.0%

Expense ratio 4.68% 0.30%

Holdings not counted 59

Net assets, BWET as of Oct 28, 2026 and SPHD as of Oct 27, 2026 $178m $3.3bn

BWET and SPHD 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.

SPHD

SPHD tracks the S&P 500 High Dividend Low Volatility. Over the year to Oct 28, 2026 it returned +11.0% with distributions reinvested. The prospectus expense ratio is 0.30% a year. By its holdings published by its issuer for Oct 27, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 59 positions, with the top ten at 28.2%. It sat 4.2% below its high of Aug 24, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BWET or SPHD?: In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and SPHD +11.0%.
Which is cheaper, BWET or SPHD?: SPHD is cheaper, by 4.38 percentage points a year. That is about $438 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

BWET vs PVAL BWET vs SCHD BWET vs SPYD BWET vs VLUE SPHD vs USO SIVR vs SPHD SLV vs SPHD GLDM vs SPHD

Where to next

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

Sources and dates

Breakwave page for BWET ↗

SPHD filings on SEC EDGAR ↗

SPHD prospectus with the expense ratio (SEC) ↗

Invesco page for SPHD ↗

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

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

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