Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
BWET vs MTUM: how they differ
BWET is a commodity fund and MTUM an equity index fund, and over the year BWET returned more, +5129.6% against +21.8%.
Breakwave Tanker Shipping ETF and iShares MSCI USA Momentum Factor ETF.
| BWET Breakwave Tanker Shipping ETF | MTUM iShares MSCI USA Momentum Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Breakwave | iShares |
| What it is | Tanker Shipping | MSCI USA Momentum Factor |
| Total return, 1 year | +5129.6% | +21.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5112.1 pts | +4.3 pts |
| Expense ratio | not published | 0.15% |
| Holdings | not filed | 125 |
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.
MTUM in plain words
MTUM is an index equity fund tracking the MSCI USA Momentum Factor. Over the year to Sep 11, 2026 it returned +21.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 125 positions, with the top ten at 40.5%. It sat 11.1% below its high of Jun 22, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, BWET or MTUM?
- In the year to Sep 12, 2026, with distributions reinvested, BWET returned +5129.6% and MTUM returned +21.8%, 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 MTUM, data as of Sep 12, 2026. https://etfiq.com/compare/any/BWET-MTUM Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources