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

In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and SPYD +15.3%.

Which is cheaper, BWET or SPYD?

SPYD is cheaper, by 4.61 percentage points a year. That is about $461 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 SPYD: Differences, Returns & Fees

Share on X Download as PDF

BWET is a commodity futures fund and SPYD an equity index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +15.3%.

askIQ about this page

askIQ about BWET and SPYD

Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $7.5bn on Oct 27, 2026 for State Street SPDR Portfolio S&P 500 High Dividend ETF.

BWET on its own →SPYD on its own →

At a glance

+5,121.7%

BWET total return, 1 year

+15.3%

SPYD total return, 1 year

4.68%

BWET expense ratio

0.07%

SPYD expense ratio

Pair scorecard

SPYD costs 4.61 points a year less; their one-year returns differ by 5106.4 points; SPYD is far larger, $7.5bn against $186m.

BWET vs SPYD: Differences, Returns & Fees
Measure	BWET	SPYD
Return
Measure	BWET	SPYD
Total return, 1 year	+5,121.7%	+15.3%
Drawdown
Measure	BWET	SPYD
Below its high	11.2%, high on Oct 8, 2026	4.1%, high on Aug 24, 2026
Benchmark
Measure	BWET	SPYD
What it tracks	Tanker freight futures	S&P 500 High Dividend Index
Cost and size
Measure	BWET	SPYD
Expense ratio	4.68%	0.07%
Net assets, as of Oct 26, 2026	$186m	$7.5bn
Holdings
Measure	BWET	SPYD
Holdings in common	not published
In the S&P 500, by weight		99%
Top ten holdings, share of the fund		16.1%

Method

Side by side

BWET Breakwave Tanker Shipping ETF SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF

Where it sits Commodity ETF Stock ETF

Issuer Breakwave State Street

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

Total return, 1 year +5,121.7% +15.3%

Expense ratio 4.68% 0.07%

Holdings not counted 79

Net assets, BWET as of Oct 28, 2026 and SPYD as of Oct 27, 2026 $178m $7.5bn

BWET and SPYD 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.

SPYD

SPYD tracks the S&P 500 High Dividend. Over the year to Oct 28, 2026 it returned +15.3% with distributions reinvested. The prospectus expense ratio is 0.07% a year. By its holdings published by its issuer for Oct 27, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 79 positions, with the top ten at 16.1%. It sat 4.1% below its high of Aug 24, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BWET or SPYD?: In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and SPYD +15.3%.
Which is cheaper, BWET or SPYD?: SPYD is cheaper, by 4.61 percentage points a year. That is about $461 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

BWET vs SPHD BWET vs FDVV BWET vs PVAL BWET vs HDV SPYD vs USO SIVR vs SPYD SLV vs SPYD GLDM vs SPYD

Where to next

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

Sources and dates

Breakwave page for BWET ↗

SPYD filings on SEC EDGAR ↗

SPYD prospectus with the expense ratio (SEC) ↗

State Street website ↗

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

Cite this pageCitation, APA and Markdown

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

Open data →

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