BWET vs APXM

Comparison between Breakwave Tanker Shipping ETF (BWET, ETF) and FT VEST U.S. EQUITY MAX BUFFER ETF - APRIL (APXM, ETF).

BWET vs APXM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BWET(ETF)	APXM(ETF)
Net Assets	$17M	$17M
Expense Ratio	3.50%	0.85%
Max Drawdown	56.90%	0.60%
Sharpe Ratio	3.34	0.71
5Y Beta	-0.11	0.07

Net Assets

BWET

$17M

APXM

$17M

Expense Ratio

BWET

3.50%

Winner

APXM

0.85%

Max Drawdown

BWET

56.90%

Winner

APXM

0.60%

Sharpe Ratio

Winner

BWET

3.34

APXM

0.71

5Y Beta

Winner

BWET

-0.11

APXM

0.07

BWET vs APXM - Historical Returns

Returns include dividend reinvestment.

Period	BWET	APXM
1 month	+11.60%	+0.35%
3 months	+78.33%	+1.47%
6 months	+669.98%	+2.20%
1 year	+2024.53%	+4.76%
Max(CAGR)	+143.21%	+6.27%

Winner

BWET

+11.60%

APXM

+0.35%

Winner

BWET

+78.33%

APXM

+1.47%

Winner

BWET

+669.98%

APXM

+2.20%

Winner

BWET

+2024.53%

APXM

+4.76%

Max(CAGR)

Winner

BWET

+143.21%

APXM

+6.27%

BWET vs APXM - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	BWET	APXM
2026	+1197.43%	+2.32%
2025	+94.89%	+5.40%
2024	-37.86%	N/A
2023	+15.94%	N/A

BWET vs APXM Drawdown Comparison

The maximum drawdown for BWET was -56.90%, occurring on Jan 6, 2025. Recovery took 606 trading sessions.

The maximum drawdown for APXM was -0.60%, occurring on Jun 10, 2026. Recovery took 9 trading sessions.

The current BWET drawdown is -5.57%. The current APXM drawdown is -0.19%.

Rank	BWET	APXM
#1	-56.90% Jun 15, 2023 - Nov 13, 2025	-0.60% Jun 2, 2026 - Jun 15, 2026
#2	-41.22% Jun 22, 2026 - Jul 14, 2026	-0.40% May 19, 2025 - Jun 4, 2025
#3	-30.64% Apr 9, 2026 - May 1, 2026	-0.39% Jun 15, 2026 - Jul 6, 2026
#4	-29.21% May 5, 2026 - Jun 18, 2026	-0.28% Jul 15, 2026 - Jul 17, 2026
#5	-28.84% Dec 15, 2025 - Jan 9, 2026	-0.27% Apr 17, 2026 - Apr 22, 2026
#6	-21.50% Mar 2, 2026 - Mar 16, 2026	-0.23% Nov 10, 2025 - Nov 24, 2025
#7	-19.47% Mar 30, 2026 - Apr 2, 2026	-0.21% May 14, 2026 - May 22, 2026
#8	-12.62% May 16, 2023 - Jun 9, 2023	-0.18% Apr 22, 2026 - Apr 27, 2026
#9	-12.48% Jul 14, 2026 - Jul 20, 2026	-0.14% Jul 6, 2026 - Jul 9, 2026
#10	-10.03% Jan 14, 2026 - Jan 29, 2026	-0.13% Oct 27, 2025 - Nov 10, 2025
#11	-9.66% May 3, 2023 - May 10, 2023	-0.13% Jun 12, 2025 - Jun 23, 2025
#12	-8.94% Nov 25, 2025 - Dec 11, 2025	-0.13% May 1, 2026 - May 5, 2026
#13	-8.47% Feb 6, 2026 - Feb 17, 2026	-0.13% May 8, 2026 - May 13, 2026
#14	-7.83% Mar 24, 2026 - Mar 26, 2026	-0.12% May 2, 2025 - May 12, 2025
#15	-5.43% Nov 13, 2025 - Nov 20, 2025	-0.12% Jul 28, 2025 - Aug 4, 2025