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

In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and XLE +61.2%.

Which is cheaper, BWET or XLE?

XLE is cheaper, by 4.60 percentage points a year. That is about $460 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 XLE: Differences, Returns & Fees

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BWET is a commodity futures fund and XLE an equity index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +61.2%.

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Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $45.2bn on Oct 27, 2026 for State Street Energy Select Sector SPDR ETF.

BWET on its own →XLE on its own →

At a glance

+5,121.7%

BWET total return, 1 year

+61.2%

XLE total return, 1 year

4.68%

BWET expense ratio

0.08%

XLE expense ratio

Pair scorecard

XLE costs 4.60 points a year less; their one-year returns differ by 5060.5 points; XLE is far larger, $46.1bn against $186m.

BWET vs XLE: Differences, Returns & Fees
Measure	BWET	XLE
Return
Measure	BWET	XLE
Total return, 1 year	+5,121.7%	+61.2%
Drawdown
Measure	BWET	XLE
Below its high	11.2%, high on Oct 8, 2026
Benchmark
Measure	BWET	XLE
What it tracks	Tanker freight futures	Energy Select Sector Index
Cost and size
Measure	BWET	XLE
Expense ratio	4.68%	0.08%
Net assets, as of Oct 26, 2026	$186m	$46.1bn
Holdings
Measure	BWET	XLE
Holdings in common	not published
In the S&P 500, by weight		100%
Top ten holdings, share of the fund		78.1%

Method

Side by side

BWET Breakwave Tanker Shipping ETF XLE State Street Energy Select Sector SPDR ETF

Where it sits Commodity ETF Stock ETF

Issuer Breakwave State Street

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

Total return, 1 year +5,121.7% +61.2%

Expense ratio 4.68% 0.08%

Holdings not counted 22

Net assets, BWET as of Oct 28, 2026 and XLE as of Oct 27, 2026 $178m $45.2bn

BWET and XLE 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.

XLE

XLE tracks an index of Energy. Over the year to Oct 28, 2026 it returned +61.2% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 22 positions, with the top ten at 78.1%.

Questions people ask

Which returned more over the last year, BWET or XLE?: In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and XLE +61.2%.
Which is cheaper, BWET or XLE?: XLE is cheaper, by 4.60 percentage points a year. That is about $460 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

BWET vs VDE BWET vs XOP BWET vs IYE BWET vs XLV USO vs XLE SIVR vs XLE SLV vs XLE GLDM vs XLE

Where to next

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

Sources and dates

Breakwave page for BWET ↗

XLE filings on SEC EDGAR ↗

XLE prospectus with the expense ratio (SEC) ↗

State Street website ↗

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

Cite this pageCitation, APA and Markdown

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

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