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 45 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 | |
| abrdn Bloomberg All Commodity Strategy K-1 Free ET... | 0.25% | 2.50B | Mar 2017 | BWET vs BCI | |
| GraniteShares Bloomberg Commodity Broad Strategy N... | 0.25% | 160.55M | May 2017 | BWET vs COMB | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | 0.28% | 1.06B | Sep 2024 | BWET vs CERY | |
| iShares Bloomberg Roll Select Commodity Strategy E... | 0.28% | 560.49M | Apr 2018 | BWET vs CMDY |
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 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Alternative Absolute Return Strategy E... | 90 | 175.98M | May 2016 | BWET vs FAAR | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | 88 | 801.86M | May 2023 | BWET vs CMDT | |
| Invesco Electric Vehicle Metals Commodity Strategy... | 87 | 5.77M | Apr 2022 | BWET vs EVMT | |
| VanEck Commodity Strategy ETF | 87 | 263.74M | Dec 2022 | BWET vs PIT | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | 87 | 1.06B | Sep 2024 | BWET vs CERY |
Top Performing BWET Alternatives (YTD)
BWET is at 875.88% YTD. No ETFs in the Commodities category have higher YTD returns; the top-performing alternatives shown here go as high as 50.53%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | 50.53% | 293.42M | Apr 2017 | BWET vs USOI | |
| USCF Energy Commodity Strategy Absolute Return Fun... | 44.71% | 2.38M | May 2023 | BWET vs USE | |
| Breakwave Dry Bulk Shipping ETF | 43.90% | 40.49M | Mar 2018 | BWET vs BDRY | |
| iShares S&P GSCI Commodity-Indexed Trust | 42.58% | 1.04B | Jul 2006 | BWET vs GSG | |
| VanEck Commodity Strategy ETF | 41.36% | 263.74M | Dec 2022 | BWET vs PIT |
Lowest Volatility Alternatives to BWET
BWET has 98.35% 1-year volatility. There are 43 ETFs in the Commodities category with lower 1-year volatility, going as low as 10.41%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Auspice Broad Commodity Strategy ETF | 10.41% | 293.22M | Mar 2017 | BWET vs COM | |
| VanEck CMCI Commodity Strategy ETF | 12.26% | — | Aug 2023 | BWET vs CMCI | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | 12.35% | 801.86M | May 2023 | BWET vs CMDT | |
| Teucrium Agricultural Strategy No K-1 ETF | 12.63% | 53.89M | May 2022 | BWET vs TILL | |
| USCF Sustainable Commodity Strategy Fund | 12.68% | 3.06M | Aug 2023 | BWET vs ZSC |
Lowest Drawdown Alternatives to BWET
BWET has a 1-year max drawdown of -30.64%. There are 37 ETFs in the Commodities category with shallower 1-year drawdowns, going as shallow as -4.49%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -4.49% | 801.86M | May 2023 | BWET vs CMDT | |
| Direxion Auspice Broad Commodity Strategy ETF | -4.55% | 293.22M | Mar 2017 | BWET vs COM | |
| First Trust Alternative Absolute Return Strategy E... | -4.85% | 175.98M | May 2016 | BWET vs FAAR | |
| VanEck CMCI Commodity Strategy ETF | -5.03% | — | Aug 2023 | BWET vs CMCI | |
| iShares Diversified Commodity Swap UCITS ETF | -5.69% | 1.44B | Mar 2022 | BWET vs ISCMF |
Other ETFs from Amplify
The 10 most viewed Amplify ETFs shown here include DIVO, QDVO, IDVO and span 9 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 11 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