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

In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and XLP +13.8%.

Which is cheaper, BWET or XLP?

XLP 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 XLP: Differences, Returns & Fees

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BWET is a commodity futures fund and XLP an equity index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +13.8%.

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Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $14.6bn on Oct 27, 2026 for State Street Consumer Staples Select Sector SPDR ETF.

BWET on its own →XLP on its own →

At a glance

+5,121.7%

BWET total return, 1 year

+13.8%

XLP total return, 1 year

4.68%

BWET expense ratio

0.08%

XLP expense ratio

Pair scorecard

XLP costs 4.60 points a year less; their one-year returns differ by 5107.9 points; XLP is far larger, $14.8bn against $186m.

BWET vs XLP: Differences, Returns & Fees
Measure	BWET	XLP
Return
Measure	BWET	XLP
Total return, 1 year	+5,121.7%	+13.8%
Drawdown
Measure	BWET	XLP
Below its high	11.2%, high on Oct 8, 2026	3.5%, high on Oct 22, 2026
Benchmark
Measure	BWET	XLP
What it tracks	Tanker freight futures	Consumer Staples Select Sector Index
Cost and size
Measure	BWET	XLP
Expense ratio	4.68%	0.08%
Net assets, as of Oct 26, 2026	$186m	$14.8bn
Holdings
Measure	BWET	XLP
Holdings in common	not published
In the S&P 500, by weight		100%
Top ten holdings, share of the fund		62.9%

Method

Side by side

BWET Breakwave Tanker Shipping ETF XLP State Street Consumer Staples 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 Consumer staples

Total return, 1 year +5,121.7% +13.8%

Expense ratio 4.68% 0.08%

Holdings not counted 36

Net assets, BWET as of Oct 28, 2026 and XLP as of Oct 27, 2026 $178m $14.6bn

BWET and XLP 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.

XLP

XLP tracks an index of Consumer staples. Over the year to Oct 28, 2026 it returned +13.8% 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 36 positions, with the top ten at 62.9%. It sat 3.5% below its high of Oct 22, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BWET or XLP?: In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and XLP +13.8%.
Which is cheaper, BWET or XLP?: XLP 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 VDC BWET vs XHB BWET vs XRT BWET vs SCHH USO vs XLP SIVR vs XLP SLV vs XLP GLDM vs XLP

Where to next

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

Sources and dates

Breakwave page for BWET ↗

XLP filings on SEC EDGAR ↗

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

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