Data as of Oct 28, 2026.

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BWET vs XHB: Differences, Returns & Fees

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BWET is a commodity futures fund and XHB an equity index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against −8.6%.

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Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $1.5bn on Oct 27, 2026 for State Street SPDR S&P Homebuilders ETF.

At a glance
+5,121.7%
BWET total return, 1 year
−8.6%
XHB total return, 1 year
4.68%
BWET expense ratio
0.35%
XHB expense ratio

Pair scorecard

XHB costs 4.33 points a year less; their one-year returns differ by 5130.3 points; XHB is 7.5 times larger.

BWET vs XHB: Differences, Returns & Fees
MeasureBWETXHB
Return
Total return, 1 year+5,121.7%−8.6%
Drawdown
Below its high11.2%, high on Oct 8, 202620.5%, high on Oct 18, 2024
Benchmark
What it tracksTanker freight futuresS&P Homebuilders Select Industry Index
Cost and size
Expense ratio4.68%0.35%
Net assets, as of Oct 26, 2026$186m$1.4bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight46%
Top ten holdings, share of the fund35.4%

Method

Side by side

BWET Breakwave Tanker Shipping ETF XHB State Street SPDR S&P Homebuilders ETF
Where it sits Commodity ETF Stock ETF
What it is Holds tanker freight futures Tracks the S&P Homebuilders
Total return, 1 year +5,121.7% −8.6%
Expense ratio 4.68% 0.35%
Holdings not counted 34
Net assets, BWET as of Oct 28, 2026 and XHB as of Oct 27, 2026 $178m $1.5bn

BWET and XHB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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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.

XHB

XHB tracks the S&P Homebuilders. Over the year to Oct 28, 2026 it returned −8.6% with distributions reinvested. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 46% of the fund by weight is stocks the S&P 500 also holds, across 34 positions, with the top ten at 35.4%. It sat 20.5% below its high of Oct 18, 2024 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BWET or XHB?
In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and XHB −8.6%.
Which is cheaper, BWET or XHB?
XHB is cheaper, by 4.33 percentage points a year. That is about $433 on $10,000 held for a year. Fees come from each fund's own filings.
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ETFIQ, BWET against XHB, data as of Oct 28, 2026. https://etfiq.com/compare/any/bwet-vs-xhb

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