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

In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and VGLT −6.7%.

Which is cheaper, BWET or VGLT?

VGLT 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 VGLT: Differences, Returns & Fees

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BWET is a commodity futures fund and VGLT a bond index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against −6.7%.

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Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $10.4bn on Sep 30, 2026 for Vanguard Long-Term Treasury ETF.

BWET on its own →VGLT on its own →

At a glance

+5,121.7%

BWET total return, 1 year

−6.7%

VGLT total return, 1 year

4.68%

BWET expense ratio

0.03%

VGLT expense ratio

Pair scorecard

VGLT costs 4.65 points a year less; their one-year returns differ by 5128.4 points.

BWET vs VGLT: Differences, Returns & Fees
Measure	BWET	VGLT
Return
Measure	BWET	VGLT
Total return, 1 year	+5,121.7%	−6.7%
Drawdown
Measure	BWET	VGLT
Below its high	11.2%, high on Oct 8, 2026	38.8%, high on Aug 4, 2020
Benchmark
Measure	BWET	VGLT
What it tracks	Tanker freight futures	Bloomberg U.S. Long Treasury Index
Cost and size
Measure	BWET	VGLT
Expense ratio	4.68%	0.03%
Net assets, BWET as of Oct 28, 2026 and VGLT as of Sep 30, 2026	$178m	$10.4bn
Holdings
Measure	BWET	VGLT
Holdings in common	not published

Method

Side by side

BWET Breakwave Tanker Shipping ETF VGLT Vanguard Long-Term Treasury ETF

Where it sits Commodity ETF Bond ETF

Issuer Breakwave Vanguard

What it is Holds tanker freight futures Tracks an index of Long-term Treasury

Total return, 1 year +5,121.7% −6.7%

Its benchmark over the same days not measured −6.7% (SCHQ)

Gap to its benchmark not measured 0.0 pts vs SCHQ

Expense ratio 4.68% 0.03%

Holdings not counted 102

Net assets, BWET as of Oct 28, 2026 and VGLT as of Sep 30, 2026 $178m $10.4bn

BWET and VGLT 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.

VGLT

VGLT tracks an index of Long-term Treasury. Over the year to Oct 28, 2026 it returned −6.7% with distributions reinvested, against −6.7% for its benchmark, the Bloomberg U.S. Long Treasury Index. The prospectus expense ratio is 0.03% a year. It sat 38.8% below its high of Aug 4, 2020 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BWET or VGLT?: In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and VGLT −6.7%.
Which is cheaper, BWET or VGLT?: VGLT 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 EDV BWET vs TLT BWET vs VCLT BWET vs VTIP USO vs VGLT SIVR vs VGLT SLV vs VGLT GLDM vs VGLT

Where to next

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

Sources and dates

Breakwave page for BWET ↗

VGLT filings on SEC EDGAR ↗

VGLT prospectus with the expense ratio (SEC) ↗

Vanguard page for VGLT ↗

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

Cite this pageCitation, APA and Markdown

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

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