BWET vs VTI
Breakwave Tanker Shipping ETF vs Vanguard Morningstar Total Stock Market ETF
Quick Verdict
VTI has a lower expense ratio. BWET delivered stronger 1-year returns. VTI offers more diversification with 3,543 holdings.
Side-by-Side Comparison
| Metric | BWET | VTI | Winner |
|---|---|---|---|
| Expense Ratio | 3.50% | 0.03% | |
| AUM | $74M | $666.9B | |
| Dividend Yield | 0.00% | 1.07% | |
| Holdings | 12 | 3,543 | |
| YTD Return | +2400.84% | +13.14% | |
| 1Y Return | +3657.80% | +22.35% | |
| 3Y Return (annualized) | +195.02% | +21.83% | |
| 5Y Return (annualized) | - | +12.01% | |
| Volatility (annualized) | 101.8% | 15.3% | |
| Max Drawdown | -56.9% | -56.6% | |
| Fund Family | ETFMG | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | May 1, 2023 | May 24, 2001 |
BWET vs VTI Performance
Breakwave Tanker Shipping ETF (BWET) is a ETF from ETFMG and Vanguard Morningstar Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year BWET returned +3657.80% while VTI returned +22.35%. Year to date, BWET is up 2400.84% versus a gain of 13.14% for VTI.
Over three years, BWET compounded at +195.02% per year against +21.83% for VTI. Across the full 3-year window we track, BWET has the edge at +189.98% annualized vs +8.09%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BWET has been the more volatile fund, with annualized monthly volatility of 101.8% compared with 15.3% for VTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -56.9% for BWET and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.02. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BWET charges 3.50% per year while VTI charges 0.03%. On a $10,000 position that is $350 vs $3 annually, a gap of $347 per year that compounds over a long holding period. On income, BWET currently yields 0.00% against 1.07% for VTI.
Holdings Overlap
BWET and VTI share 0 holdings out of 2788 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BWET or VTI?
BWET has an expense ratio of 3.50% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $347 per year of difference.
Which performed better, BWET or VTI?
Over the past year BWET returned +3657.80% vs +22.35% for VTI, so BWET leads on 1-year performance. Over the longest common window we track (3 years), BWET annualized +189.98% vs +8.09% for VTI. Past performance does not guarantee future results.
Which is riskier, BWET or VTI?
BWET has been the more volatile fund at 101.8% annualized versus 15.3% for VTI. Worst drawdown: BWET -56.9% vs VTI -56.6%.
Should I hold both BWET and VTI?
BWET and VTI have a monthly-return correlation of 0.02, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BWET and VTI?
BWET and VTI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 2788 unique securities.
Which pays a higher dividend, BWET or VTI?
BWET yields 0.00% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.
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