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

In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and VTEB −0.4%.

Which is cheaper, BWET or VTEB?

VTEB 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 VTEB: Differences, Returns & Fees

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BWET is a commodity futures fund and VTEB a bond index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against −0.4%.

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Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $49.6bn on Sep 30, 2026 for Vanguard Tax-Exempt Bond ETF.

BWET on its own →VTEB on its own →

At a glance

+5,121.7%

BWET total return, 1 year

−0.4%

VTEB total return, 1 year

4.68%

BWET expense ratio

0.03%

VTEB expense ratio

Pair scorecard

VTEB costs 4.65 points a year less; their one-year returns differ by 5122.1 points.

BWET vs VTEB: Differences, Returns & Fees
Measure	BWET	VTEB
Return
Measure	BWET	VTEB
Total return, 1 year	+5,121.7%	−0.4%
Drawdown
Measure	BWET	VTEB
Below its high	11.2%, high on Oct 8, 2026
Benchmark
Measure	BWET	VTEB
What it tracks	Tanker freight futures	S&P National AMT-Free Municipal Bond Index
Cost and size
Measure	BWET	VTEB
Expense ratio	4.68%	0.03%
Net assets, BWET as of Oct 28, 2026 and VTEB as of Sep 30, 2026	$178m	$49.6bn
Holdings
Measure	BWET	VTEB
Holdings in common	not published

Method

Side by side

BWET Breakwave Tanker Shipping ETF VTEB Vanguard Tax-Exempt Bond ETF

Where it sits Commodity ETF Bond ETF

Issuer Breakwave Vanguard

What it is Holds tanker freight futures Tracks an index of Tax-Exempt Bond

Total return, 1 year +5,121.7% −0.4%

Expense ratio 4.68% 0.03%

Holdings not counted 11155

Net assets, BWET as of Oct 28, 2026 and VTEB as of Sep 30, 2026 $178m $49.6bn

BWET and VTEB 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.

VTEB

VTEB tracks an index of Tax-Exempt Bond. Over the year to Oct 28, 2026 it returned −0.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, BWET or VTEB?: In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and VTEB −0.4%.
Which is cheaper, BWET or VTEB?: VTEB 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 MUB BWET vs HYMB BWET vs IUSB BWET vs VCSH USO vs VTEB SIVR vs VTEB SLV vs VTEB GLDM vs VTEB

Where to next

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

Sources and dates

Breakwave page for BWET ↗

VTEB filings on SEC EDGAR ↗

VTEB prospectus with the expense ratio (SEC) ↗

Vanguard page for VTEB ↗

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

Cite this pageCitation, APA and Markdown

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

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.