Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
BWET vs USO: how they differ
BWET and USO are both commodity funds, and over the year BWET returned more, +5129.6% against +112.2%.
Breakwave Tanker Shipping ETF and United States Oil Fund, LP.
| BWET Breakwave Tanker Shipping ETF | USO United States Oil Fund, LP | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Breakwave | USCF |
| What it is | Tanker Shipping | Oil |
| Total return, 1 year | +5129.6% | +112.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5112.1 pts | +94.7 pts |
| Expense ratio | 0.15% | 0.45% |
BWET in plain words
BWET is a commodity fund tracking the Tanker Shipping. Over the year to Sep 11, 2026 it returned +5129.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year.
USO in plain words
USO is a commodity fund tracking the Oil. Over the year to Sep 11, 2026 it returned +112.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.45% a year. It sat 57.1% below its high of Apr 8, 2011 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, BWET or USO?
- In the year to Sep 13, 2026, with distributions reinvested, BWET returned +5129.6% and USO returned +112.2%, so BWET returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, BWET or USO?
- BWET charges 0.15% a year and USO charges 0.45%, so BWET is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where to next
Cite this page. ETFIQ, BWET against USO, data as of Sep 13, 2026. https://etfiq.com/compare/any/bwet-vs-uso Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources