Breakwave Tanker Shipping ETF (BWET) belongs to the Commodities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with BWET. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BWET
BWET charges 3.50% annually. There are 39 ETFs in the Commodities category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Diversified Commodity Swap UCITS ETF | 0.19% | 1.44B | Mar 2022 | BWET vs ISCMF | |
| GraniteShares Bloomberg Commodity Broad Strategy N... | 0.25% | 125.75M | May 2017 | BWET vs COMB | |
| abrdn Bloomberg All Commodity Strategy K-1 Free ET... | 0.26% | 2.38B | Mar 2017 | BWET vs BCI | |
| iShares Bloomberg Roll Select Commodity Strategy E... | 0.28% | 540.68M | Apr 2018 | BWET vs CMDY | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | 0.28% | 1.04B | Sep 2024 | BWET vs CERY |
Best Risk-Adjusted Alternatives to BWET
BWET has a PortfoliosLab risk / return rank of 99. No ETFs in the Commodities category have higher risk-adjusted ranks; the top alternatives shown here go as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| USCF Sustainable Commodity Strategy Fund | 86 | 3.01M | Aug 2023 | BWET vs ZSC | |
| Direxion Auspice Broad Commodity Strategy ETF | 79 | 195.88M | Mar 2017 | BWET vs COM | |
| First Trust Global Tactical Commodity Strategy Fun... | 78 | 2.84B | Oct 2013 | BWET vs FTGC | |
| USCF Sustainable Battery Metals Strategy Fund | 78 | 2.20M | Jan 2023 | BWET vs ZSB | |
| VanEck Commodity Strategy ETF | 78 | 276.44M | Dec 2022 | BWET vs PIT |
Top Performing BWET Alternatives (YTD)
BWET is at 1,235.87% YTD. No ETFs in the Commodities category have higher YTD returns; the top-performing alternatives shown here go as high as 49.37%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Breakwave Dry Bulk Shipping ETF | 49.37% | 30.54M | Mar 2018 | BWET vs BDRY | |
| VanEck Commodity Strategy ETF | 35.60% | 276.44M | Dec 2022 | BWET vs PIT | |
| iShares S&P GSCI Commodity-Indexed Trust | 34.43% | 853.88M | Jul 2006 | BWET vs GSG | |
| USCF Energy Commodity Strategy Absolute Return Fun... | 31.03% | 2.71M | May 2023 | BWET vs USE | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | 29.95% | 1.12B | Oct 2014 | BWET vs COMT |
Lowest Volatility Alternatives to BWET
BWET has 106.83% 1-year volatility. There are 39 ETFs in the Commodities category with lower 1-year volatility, going as low as 10.35%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Auspice Broad Commodity Strategy ETF | 10.35% | 195.88M | Mar 2017 | BWET vs COM | |
| VanEck CMCI Commodity Strategy ETF | 12.45% | — | Aug 2023 | BWET vs CMCI | |
| Teucrium Agricultural Strategy No K-1 ETF | 12.56% | 37.54M | May 2022 | BWET vs TILL | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | 12.91% | 750.61M | May 2023 | BWET vs CMDT | |
| USCF Sustainable Commodity Strategy Fund | 12.91% | 3.01M | Aug 2023 | BWET vs ZSC |
Lowest Drawdown Alternatives to BWET
BWET has a 1-year max drawdown of -41.22%. There are 36 ETFs in the Commodities category with shallower 1-year drawdowns, going as shallow as -7.63%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Auspice Broad Commodity Strategy ETF | -7.63% | 195.88M | Mar 2017 | BWET vs COM | |
| USCF Sustainable Commodity Strategy Fund | -7.69% | 3.01M | Aug 2023 | BWET vs ZSC | |
| First Trust Alternative Absolute Return Strategy E... | -8.94% | 186.66M | May 2016 | BWET vs FAAR | |
| Teucrium Agricultural Strategy No K-1 ETF | -9.87% | 37.54M | May 2022 | BWET vs TILL | |
| VanEck CMCI Commodity Strategy ETF | -10.77% | — | Aug 2023 | BWET vs CMCI |
Other ETFs from Amplify
The 10 most viewed Amplify ETFs shown here include DIVO, QDVO, IDVO and span 11 categories. AUM among these funds goes as high as $7B.
Often Compared With BWET
Investors most often compare BWET with BOAT, USO, BNO. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare BWET with Any Fund or Stock
Compare BWET with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BWET with funds that move differently
Breakwave Tanker Shipping ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BWET.
Explore BWET Diversifiers