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

In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and USHY +1.7%.

Which is cheaper, BWET or USHY?

USHY is cheaper, by 4.60 percentage points a year. That is about $460 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 USHY: Differences, Returns & Fees

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BWET is a commodity futures fund and USHY a bond index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +1.7%.

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Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $26.3bn on Oct 27, 2026 for iShares Broad USD High Yield Corporate Bond ETF.

BWET on its own →USHY on its own →

At a glance

+5,121.7%

BWET total return, 1 year

+1.7%

USHY total return, 1 year

4.68%

BWET expense ratio

0.08%

USHY expense ratio

Pair scorecard

USHY costs 4.60 points a year less; their one-year returns differ by 5120.0 points; USHY is far larger, $25.8bn against $166m.

BWET vs USHY: Differences, Returns & Fees
Measure	BWET	USHY
Return
Measure	BWET	USHY
Total return, 1 year	+5,121.7%	+1.7%
Drawdown
Measure	BWET	USHY
Below its high	11.2%, high on Oct 8, 2026
Benchmark
Measure	BWET	USHY
What it tracks	Tanker freight futures	ICE BofA US High Yield Constrained Index
Cost and size
Measure	BWET	USHY
Expense ratio	4.68%	0.08%
Net assets, as of Oct 23, 2026	$166m	$25.8bn
Holdings
Measure	BWET	USHY
Holdings in common	not published

Method

Side by side

BWET Breakwave Tanker Shipping ETF USHY iShares Broad USD High Yield Corporate Bond ETF

Where it sits Commodity ETF Bond ETF

Issuer Breakwave iShares

What it is Holds tanker freight futures Tracks an index of Broad USD High Yield Corporate Bond

Total return, 1 year +5,121.7% +1.7%

Its benchmark over the same days not measured +1.8% (SPHY)

Gap to its benchmark not measured −0.1 pts vs SPHY

Expense ratio 4.68% 0.08%

Holdings not counted 1900

Net assets, BWET as of Oct 28, 2026 and USHY as of Oct 27, 2026 $178m $26.3bn

BWET and USHY 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.

USHY

USHY tracks an index of Broad USD High Yield Corporate Bond. Over the year to Oct 28, 2026 it returned +1.7% with distributions reinvested, against +1.8% for its benchmark, the ICE BofA US High Yield Constrained Index, measured by the closely related ICE BofA US High Yield Index. The prospectus expense ratio is 0.08% a year.

Questions people ask

Which returned more over the last year, BWET or USHY?: In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and USHY +1.7%.
Which is cheaper, BWET or USHY?: USHY is cheaper, by 4.60 percentage points a year. That is about $460 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

BWET vs HYG BWET vs JNK BWET vs SHY BWET vs LQD USHY vs USO SIVR vs USHY SLV vs USHY GLDM vs USHY

Where to next

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

Sources and dates

Breakwave page for BWET ↗

USHY filings on SEC EDGAR ↗

USHY prospectus with the expense ratio (SEC) ↗

iShares page for USHY ↗

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

Cite this pageCitation, APA and Markdown

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

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