Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
BWET vs EWZ: how they differ
BWET is a commodity fund and EWZ an equity index fund, and over the year BWET returned more, +5129.6% against +32.9%.
Breakwave Tanker Shipping ETF and iShares MSCI Brazil ETF.
| BWET Breakwave Tanker Shipping ETF | EWZ iShares MSCI Brazil ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Breakwave | iShares |
| What it is | Tanker Shipping | MSCI Brazil |
| Total return, 1 year | +5129.6% | +32.9% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5112.1 pts | +15.4 pts |
| Expense ratio | not published | 0.59% |
| Holdings | not filed | 47 |
BWET in plain words
BWET is a commodity fund tracking the Tanker Shipping. Over the year to Sep 11, 2026 it returned +5129.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100.
EWZ in plain words
EWZ is an index equity fund tracking the MSCI Brazil. Over the year to Sep 11, 2026 it returned +32.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.59% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 47 positions, with the top ten at 59.3%. It sat 7.6% below its high of Apr 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, BWET or EWZ?
- In the year to Sep 12, 2026, with distributions reinvested, BWET returned +5129.6% and EWZ returned +32.9%, so BWET returned more. One year is one year; the longer windows are in the table.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, BWET against EWZ, data as of Sep 12, 2026. https://etfiq.com/compare/any/BWET-EWZ Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources