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

In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and VPU −3.3%.

Which is cheaper, BWET or VPU?

VPU is cheaper, by 4.59 percentage points a year. That is about $459 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 VPU: Differences, Returns & Fees

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BWET is a commodity futures fund and VPU an equity index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against −3.3%.

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Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $7.7bn on Sep 30, 2026 for Vanguard Utilities ETF.

BWET on its own →VPU on its own →

At a glance

+5,121.7%

BWET total return, 1 year

−3.3%

VPU total return, 1 year

4.68%

BWET expense ratio

0.09%

VPU expense ratio

Pair scorecard

VPU costs 4.59 points a year less; their one-year returns differ by 5125.0 points.

BWET vs VPU: Differences, Returns & Fees
Measure	BWET	VPU
Return
Measure	BWET	VPU
Total return, 1 year	+5,121.7%	−3.3%
Drawdown
Measure	BWET	VPU
Below its high	11.2%, high on Oct 8, 2026	8.9%, high on Feb 27, 2026
Benchmark
Measure	BWET	VPU
What it tracks	Tanker freight futures	MSCI US Investable Market Index (IMI)/Utilities 25/50
Cost and size
Measure	BWET	VPU
Expense ratio	4.68%	0.09%
Net assets, BWET as of Oct 28, 2026 and VPU as of Sep 30, 2026	$178m	$7.7bn
Holdings
Measure	BWET	VPU
Holdings in common	not published
In the S&P 500, by weight		90%
Top ten holdings, share of the fund		52.3%

Method

Side by side

BWET Breakwave Tanker Shipping ETF VPU Vanguard Utilities ETF

Where it sits Commodity ETF Stock ETF

Issuer Breakwave Vanguard

What it is Holds tanker freight futures Tracks an index of Utilities

Total return, 1 year +5,121.7% −3.3%

Its benchmark over the same days not measured −3.3% (FUTY)

Gap to its benchmark not measured 0.0 pts vs FUTY

Expense ratio 4.68% 0.09%

Holdings not counted 70

Net assets, BWET as of Oct 28, 2026 and VPU as of Sep 30, 2026 $178m $7.7bn

BWET and VPU 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.

VPU

VPU tracks an index of Utilities. Over the year to Oct 28, 2026 it returned −3.3% with distributions reinvested, against −3.3% for its benchmark, the MSCI US Investable Market Index (IMI)/Utilities 25/50. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer as of Sep 30, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 70 positions, with the top ten at 52.3%. It sat 8.9% below its high of Feb 27, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BWET or VPU?: In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and VPU −3.3%.
Which is cheaper, BWET or VPU?: VPU is cheaper, by 4.59 percentage points a year. That is about $459 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

BWET vs XLU BWET vs VOX BWET vs VDE BWET vs KRE USO vs VPU SIVR vs VPU SLV vs VPU GLDM vs VPU

Where to next

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

Sources and dates

Breakwave page for BWET ↗

VPU filings on SEC EDGAR ↗

VPU prospectus with the expense ratio (SEC) ↗

Vanguard page for VPU ↗

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

Cite this pageCitation, APA and Markdown

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

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