Which returned more over the last year, ACWI or BWET?

In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and BWET +5,121.7%.

Which is cheaper, ACWI or BWET?

ACWI is cheaper, by 4.36 percentage points a year. That is about $436 on $10,000 held for a year. Fees come from each fund's own filings.

Data as of Oct 28, 2026.

Across categories

ACWI vs BWET: Differences, Returns & Fees

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ACWI is an equity index fund and BWET a commodity futures fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +13.4%.

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Net assets on Oct 28, 2026: $33.0bn for iShares MSCI ACWI ETF and $178m for Breakwave Tanker Shipping ETF.

ACWI on its own →BWET on its own →

At a glance

+13.4%

ACWI total return, 1 year

+5,121.7%

BWET total return, 1 year

0.32%

ACWI expense ratio

4.68%

BWET expense ratio

Pair scorecard

ACWI costs 4.36 points a year less; their one-year returns differ by 5108.3 points; ACWI is far larger, $33.0bn against $178m.

ACWI vs BWET: Differences, Returns & Fees
Measure	ACWI	BWET
Return
Measure	ACWI	BWET
Total return, 1 year	+13.4%	+5,121.7%
Drawdown
Measure	ACWI	BWET
Below its high		11.2%, high on Oct 8, 2026
Benchmark
Measure	ACWI	BWET
What it tracks	MSCI ACWI	Tanker freight futures
Cost and size
Measure	ACWI	BWET
Expense ratio	0.32%	4.68%
Net assets	$33.0bn	$178m
Holdings
Measure	ACWI	BWET
Holdings in common	not published
In the S&P 500, by weight	61%
Holdings dated	Oct 27, 2026
Top ten holdings, share of the fund	24.9%

Method

Side by side

ACWI iShares MSCI ACWI ETF BWET Breakwave Tanker Shipping ETF

Where it sits Stock ETF Commodity ETF

Issuer iShares Breakwave

What it is Tracks the MSCI ACWI Holds tanker freight futures

Total return, 1 year +13.4% +5,121.7%

Expense ratio 0.32% 4.68%

Holdings 2197 not counted

Net assets $33.0bn $178m

ACWI and BWET on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

ACWI

ACWI tracks the MSCI ACWI. Over the year to Oct 28, 2026 it returned +13.4% with distributions reinvested. The prospectus expense ratio is 0.32% a year. By its holdings published by its issuer for Oct 27, 2026, 61% of the fund by weight is stocks the S&P 500 also holds, across 2,197 positions, with the top ten at 24.9%.

BWET

Its expense ratio is 4.68%, for the year to Jun 30, 2026, as its 10-K states.

BWET holds tanker freight futures. Over the year to Oct 28, 2026 it returned +5,121.7% with distributions reinvested. It sat 11.2% below its high of Oct 8, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, ACWI or BWET?: In the year to Oct 28, 2026, with distributions reinvested, ACWI returned +13.4% and BWET +5,121.7%.
Which is cheaper, ACWI or BWET?: ACWI is cheaper, by 4.36 percentage points a year. That is about $436 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

ACWI vs USO ACWI vs SIVR ACWI vs SLV ACWI vs GLDM BWET vs VT BWET vs URTH BWET vs IDEV BWET vs VGK

Where to next

ACWI on its own →BWET on its own →Hold both: look the portfolio through →Rankings →ACWI dividend history →ACWI holdings →Standards and sources →

Sources and dates

ACWI filings on SEC EDGAR ↗

ACWI prospectus with the expense ratio (SEC) ↗

iShares page for ACWI ↗

Breakwave page for BWET ↗

Links are sources, not endorsements. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

ETFIQ, ACWI against BWET, data as of Oct 28, 2026. https://etfiq.com/compare/any/acwi-vs-bwet

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