Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
BWET vs VEU: how they differ
BWET is a commodity fund and VEU an equity index fund, and over the year BWET returned more, +5129.6% against +22.9%.
Breakwave Tanker Shipping ETF and Vanguard FTSE All-World ex-US Index Fund.
| BWET Breakwave Tanker Shipping ETF | VEU Vanguard FTSE All-World ex-US Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Breakwave | Vanguard |
| What it is | Tanker Shipping | FTSE All-World ex-US |
| Total return, 1 year | +5129.6% | +22.9% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5112.1 pts | +5.4 pts |
| Expense ratio | not published | 0.04% |
| Holdings | not filed | 3860 |
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.
VEU in plain words
VEU is an index equity fund tracking the FTSE All-World ex-US. Over the year to Sep 11, 2026 it returned +22.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 3860 positions, with the top ten at 13.6%.
Questions people ask
- Which returned more over the last year, BWET or VEU?
- In the year to Sep 12, 2026, with distributions reinvested, BWET returned +5129.6% and VEU returned +22.9%, so BWET returned more. One year is one year; the longer windows are in the table.
Other comparisons
Where to next
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 VEU, data as of Sep 12, 2026. https://etfiq.com/compare/any/BWET-VEU Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources