Data as of Oct 28, 2026.
BWET vs XRT: Differences, Returns & Fees
BWET is a commodity futures fund and XRT an equity index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +2.4%.
askIQ about this page
askIQ about BWET and XRT
Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $362m on Oct 27, 2026 for State Street SPDR S&P Retail ETF.
Pair scorecard
XRT costs 4.33 points a year less; their one-year returns differ by 5119.3 points; XRT is 2.0 times larger.
| Measure | BWET | XRT |
|---|---|---|
| Return | ||
| Total return, 1 year | +5,121.7% | +2.4% |
| Drawdown | ||
| Below its high | 11.2%, high on Oct 8, 2026 | 9.9%, high on Nov 16, 2021 |
| Benchmark | ||
| What it tracks | Tanker freight futures | S&P Retail Select Industry Index |
| Cost and size | ||
| Expense ratio | 4.68% | 0.35% |
| Net assets, as of Oct 26, 2026 | $186m | $367m |
| Holdings | ||
| Holdings in common | not published | |
| In the S&P 500, by weight | 22% | |
| Top ten holdings, share of the fund | 16.6% | |
Risk and return
May 12, 2023 to Oct 23, 2026 · 180 weekly returnsBWET returned more: +5,753.7% to +50.6%. XRT swung less: 20.4% to 87.4%. XRT fell less at its worst: −21.7% to −55.9%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | BWET | XRT | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +5,753.7% | +50.6% | BWET | Price change plus distributions, reinvested. |
| Annualized | +224.0% | +12.6% | BWET | Total return as a yearly rate. |
| Price return | +5,753.7% | +44.3% | BWET | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 87.4% | 20.4% | XRT | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 40.2% | 13.7% | XRT | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −55.9% | −21.7% | XRT | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 1.71 | 0.46 | BWET | Return above Treasury bills per unit of volatility. |
| Sortino | 3.72 | 0.68 | BWET | Return above Treasury bills per unit of downside deviation. |
| Calmar | 4.01 | 0.58 | BWET | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 180 weekly returns. Cash rate: the 13-week Treasury bill.
Side by side
BWET and XRT on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
No client brief for this pair: ETFIQ prints no one-year total return for 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.
XRT
XRT tracks the S&P Retail. Over the year to Oct 28, 2026 it returned +2.4% with distributions reinvested. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 74 positions, with the top ten at 16.6%. It sat 9.9% below its high of Nov 16, 2021 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, BWET or XRT?
- In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and XRT +2.4%.
- Which is cheaper, BWET or XRT?
- XRT is cheaper, by 4.33 percentage points a year. That is about $433 on $10,000 held for a year. Fees come from each fund's own filings.
Links are sources, not endorsements. A comparison is not a recommendation.
Cite this pageCitation, APA and Markdown
ETFIQ, BWET against XRT, data as of Oct 28, 2026. https://etfiq.com/compare/any/bwet-vs-xrt
ETFIQ. (Oct 28, 2026). BWET against XRT. Retrieved from https://etfiq.com/compare/any/bwet-vs-xrt
[BWET against XRT (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/bwet-vs-xrt)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.