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

In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and XLF +7.6%.

Which is cheaper, BWET or XLF?

XLF 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 XLF: Differences, Returns & Fees

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BWET is a commodity futures fund and XLF an equity index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +7.6%.

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Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $51.6bn on Oct 27, 2026 for State Street Financial Select Sector SPDR ETF.

BWET on its own →XLF on its own →

At a glance

+5,121.7%

BWET total return, 1 year

+7.6%

XLF total return, 1 year

4.68%

BWET expense ratio

0.08%

XLF expense ratio

Pair scorecard

XLF costs 4.60 points a year less; their one-year returns differ by 5114.1 points; XLF is far larger, $51.5bn against $186m.

BWET vs XLF: Differences, Returns & Fees
Measure	BWET	XLF
Return
Measure	BWET	XLF
Total return, 1 year	+5,121.7%	+7.6%
Drawdown
Measure	BWET	XLF
Below its high	11.2%, high on Oct 8, 2026	3.8%, high on Sep 3, 2026
Benchmark
Measure	BWET	XLF
What it tracks	Tanker freight futures	Financial Select Sector Index
Cost and size
Measure	BWET	XLF
Expense ratio	4.68%	0.08%
Net assets, as of Oct 26, 2026	$186m	$51.5bn
Holdings
Measure	BWET	XLF
Holdings in common	not published
In the S&P 500, by weight		100%
Top ten holdings, share of the fund		57.4%

Method

Side by side

BWET Breakwave Tanker Shipping ETF XLF State Street Financial 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 Financials

Total return, 1 year +5,121.7% +7.6%

Expense ratio 4.68% 0.08%

Holdings not counted 77

Net assets, BWET as of Oct 28, 2026 and XLF as of Oct 27, 2026 $178m $51.6bn

BWET and XLF 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.

XLF

XLF tracks an index of Financials. Over the year to Oct 28, 2026 it returned +7.6% 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 77 positions, with the top ten at 57.4%. It sat 3.8% below its high of Sep 3, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BWET or XLF?: In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and XLF +7.6%.
Which is cheaper, BWET or XLF?: XLF 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 KRE BWET vs XLE BWET vs VNQ BWET vs XLI USO vs XLF SIVR vs XLF SLV vs XLF GLDM vs XLF

Where to next

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

Sources and dates

Breakwave page for BWET ↗

XLF filings on SEC EDGAR ↗

XLF 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 XLF, data as of Oct 28, 2026. https://etfiq.com/compare/any/bwet-vs-xlf

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