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

In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and XOVR −3.0%.

Which is cheaper, BWET or XOVR?

XOVR is cheaper, by 2.87 percentage points a year. That is about $287 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 XOVR: Differences, Returns & Fees

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BWET is a commodity futures fund and XOVR an actively managed equity fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against −3.0%.

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Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $2.2bn on Jun 30, 2026 for ERShares Private-Public Crossover ETF.

BWET on its own →XOVR on its own →

At a glance

+5,121.7%

BWET total return, 1 year

−3.0%

XOVR total return, 1 year

4.68%

BWET expense ratio

1.81%

XOVR expense ratio

Pair scorecard

XOVR costs 2.87 points a year less; their one-year returns differ by 5124.7 points.

BWET vs XOVR: Differences, Returns & Fees
Measure	BWET	XOVR
Return
Measure	BWET	XOVR
Total return, 1 year	+5,121.7%	−3.0%
Drawdown
Measure	BWET	XOVR
Below its high	11.2%, high on Oct 8, 2026	6.5%, high on Oct 5, 2026
Benchmark
Measure	BWET	XOVR
What it tracks	Tanker freight futures	No index, actively managed
Cost and size
Measure	BWET	XOVR
Expense ratio	4.68%	1.81%
Net assets, BWET as of Oct 28, 2026 and XOVR as of Jun 30, 2026	$178m	$2.2bn
Holdings
Measure	BWET	XOVR
Holdings in common	not published
In the S&P 500, by weight		43%
Top ten holdings, share of the fund		63.1%

Method

Side by side

BWET Breakwave Tanker Shipping ETF XOVR ERShares Private-Public Crossover ETF

Where it sits Commodity ETF Stock ETF

Issuer Breakwave ERShares

What it is Holds tanker freight futures Actively managed

Total return, 1 year +5,121.7% −3.0%

Expense ratio 4.68% 1.81%

Holdings not counted 32

Net assets, BWET as of Oct 28, 2026 and XOVR as of Jun 30, 2026 $178m $2.2bn

BWET and XOVR 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.

XOVR

XOVR is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −3.0% with distributions reinvested. The prospectus expense ratio is 1.81% a year. By its holdings filed for Jun 30, 2026, 43% of the fund by weight is stocks the S&P 500 also holds, across 32 positions, with the top ten at 63.1%. It sat 6.5% below its high of Oct 5, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BWET or XOVR?: In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and XOVR −3.0%.
Which is cheaper, BWET or XOVR?: XOVR is cheaper, by 2.87 percentage points a year. That is about $287 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

BWET vs VUG BWET vs GARP BWET vs MAGS BWET vs FBCG USO vs XOVR SIVR vs XOVR SLV vs XOVR GLDM vs XOVR

Where to next

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

Sources and dates

Breakwave page for BWET ↗

XOVR filings on SEC EDGAR ↗

XOVR prospectus with the expense ratio (SEC) ↗

ERShares website ↗

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

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

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