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

In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and XLRE +4.3%.

Which is cheaper, BWET or XLRE?

XLRE 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 XLRE: Differences, Returns & Fees

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BWET is a commodity futures fund and XLRE an equity index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +4.3%.

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Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $8.0bn on Oct 27, 2026 for State Street Real Estate Select Sector SPDR ETF.

BWET on its own →XLRE on its own →

At a glance

+5,121.7%

BWET total return, 1 year

+4.3%

XLRE total return, 1 year

4.68%

BWET expense ratio

0.08%

XLRE expense ratio

Pair scorecard

XLRE costs 4.60 points a year less; their one-year returns differ by 5117.4 points; XLRE is far larger, $8.0bn against $186m.

BWET vs XLRE: Differences, Returns & Fees
Measure	BWET	XLRE
Return
Measure	BWET	XLRE
Total return, 1 year	+5,121.7%	+4.3%
Drawdown
Measure	BWET	XLRE
Below its high	11.2%, high on Oct 8, 2026	7.7%, high on Jul 28, 2026
Benchmark
Measure	BWET	XLRE
What it tracks	Tanker freight futures	Real Estate Select Sector Index
Cost and size
Measure	BWET	XLRE
Expense ratio	4.68%	0.08%
Net assets, as of Oct 26, 2026	$186m	$8.0bn
Holdings
Measure	BWET	XLRE
Holdings in common	not published
In the S&P 500, by weight		100%
Top ten holdings, share of the fund		58.9%

Method

Side by side

BWET Breakwave Tanker Shipping ETF XLRE State Street Real Estate 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 Real estate

Total return, 1 year +5,121.7% +4.3%

Expense ratio 4.68% 0.08%

Holdings not counted 31

Net assets, BWET as of Oct 28, 2026 and XLRE as of Oct 27, 2026 $178m $8.0bn

BWET and XLRE 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.

XLRE

XLRE tracks an index of Real estate. Over the year to Oct 28, 2026 it returned +4.3% 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 31 positions, with the top ten at 58.9%. It sat 7.7% below its high of Jul 28, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BWET or XLRE?: In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and XLRE +4.3%.
Which is cheaper, BWET or XLRE?: XLRE 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 IYR BWET vs VNQ BWET vs SCHH BWET vs XLB USO vs XLRE SIVR vs XLRE SLV vs XLRE GLDM vs XLRE

Where to next

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

Sources and dates

Breakwave page for BWET ↗

XLRE filings on SEC EDGAR ↗

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

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