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

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

Which is cheaper, BWET or VGSH?

VGSH 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 VGSH: Differences, Returns & Fees

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BWET is a commodity futures fund and VGSH 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 $35.1bn on Sep 30, 2026 for Vanguard Short-Term Treasury ETF.

BWET on its own →VGSH on its own →

At a glance

+5,121.7%

BWET total return, 1 year

+1.7%

VGSH total return, 1 year

4.68%

BWET expense ratio

0.03%

VGSH expense ratio

Pair scorecard

VGSH costs 4.65 points a year less; their one-year returns differ by 5120.0 points.

BWET vs VGSH: Differences, Returns & Fees
Measure	BWET	VGSH
Return
Measure	BWET	VGSH
Total return, 1 year	+5,121.7%	+1.7%
Drawdown
Measure	BWET	VGSH
Below its high	11.2%, high on Oct 8, 2026
Benchmark
Measure	BWET	VGSH
What it tracks	Tanker freight futures	Bloomberg U.S. Treasury 1-3 Year Index
Cost and size
Measure	BWET	VGSH
Expense ratio	4.68%	0.03%
Net assets, BWET as of Oct 28, 2026 and VGSH as of Sep 30, 2026	$178m	$35.1bn
Holdings
Measure	BWET	VGSH
Holdings in common	not published

Method

Side by side

BWET Breakwave Tanker Shipping ETF VGSH Vanguard Short-Term Treasury ETF

Where it sits Commodity ETF Bond ETF

Issuer Breakwave Vanguard

What it is Holds tanker freight futures Tracks an index of Short-Term Treasury

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

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

Gap to its benchmark not measured −0.1 pts vs SCHO

Expense ratio 4.68% 0.03%

Holdings not counted 93

Net assets, BWET as of Oct 28, 2026 and VGSH as of Sep 30, 2026 $178m $35.1bn

BWET and VGSH 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.

VGSH

VGSH tracks an index of Short-Term Treasury. Over the year to Oct 28, 2026 it returned +1.7% with distributions reinvested, against +1.8% for its benchmark, the Bloomberg U.S. Treasury 1-3 Year Index. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, BWET or VGSH?: In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and VGSH +1.7%.
Which is cheaper, BWET or VGSH?: VGSH 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 SHY BWET vs IEI BWET vs USHY BWET vs VCIT USO vs VGSH SIVR vs VGSH SLV vs VGSH GLDM vs VGSH

Where to next

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

Sources and dates

Breakwave page for BWET ↗

VGSH filings on SEC EDGAR ↗

VGSH prospectus with the expense ratio (SEC) ↗

Vanguard page for VGSH ↗

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

Cite this pageCitation, APA and Markdown

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

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