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

In the year to Oct 28, 2026, with distributions reinvested, ACWX returned +14.3% and BWET +5,121.7%.

Which is cheaper, ACWX or BWET?

ACWX 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

ACWX vs BWET: Differences, Returns & Fees

Share on X Download as PDF

ACWX 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 +14.3%.

askIQ about this page

askIQ about ACWX and BWET

Net assets: $17.9bn on Oct 27, 2026 for iShares MSCI ACWI ex U.S. ETF, and $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF.

ACWX on its own →BWET on its own →

At a glance

+14.3%

ACWX total return, 1 year

+5,121.7%

BWET total return, 1 year

0.32%

ACWX expense ratio

4.68%

BWET expense ratio

Pair scorecard

ACWX costs 4.36 points a year less; their one-year returns differ by 5107.4 points; ACWX is far larger, $17.5bn against $166m.

ACWX vs BWET: Differences, Returns & Fees
Measure	ACWX	BWET
Return
Measure	ACWX	BWET
Total return, 1 year	+14.3%	+5,121.7%
Drawdown
Measure	ACWX	BWET
Below its high	4.9%, high on Sep 4, 2026	11.2%, high on Oct 8, 2026
Benchmark
Measure	ACWX	BWET
What it tracks	MSCI ACWI ex USA Index	Tanker freight futures
Cost and size
Measure	ACWX	BWET
Expense ratio	0.32%	4.68%
Net assets, as of Oct 23, 2026	$17.5bn	$166m
Holdings
Measure	ACWX	BWET
Holdings in common	not published
In the S&P 500, by weight	0%
Top ten holdings, share of the fund	15.6%

Method

Side by side

ACWX iShares MSCI ACWI ex U.S. ETF BWET Breakwave Tanker Shipping ETF

Where it sits Stock ETF Commodity ETF

Issuer iShares Breakwave

What it is Tracks the MSCI ACWI ex U.S. Holds tanker freight futures

Total return, 1 year +14.3% +5,121.7%

Expense ratio 0.32% 4.68%

Holdings 1939 not counted

Net assets, ACWX as of Oct 27, 2026 and BWET as of Oct 28, 2026 $17.9bn $178m

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

Alert

About each fund

ACWX

ACWX tracks the MSCI ACWI ex U.S.. Over the year to Oct 28, 2026 it returned +14.3% with distributions reinvested. The prospectus expense ratio is 0.32% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1,939 positions, with the top ten at 15.6%. It sat 4.9% below its high of Sep 4, 2026 on Oct 28, 2026.

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, ACWX or BWET?: In the year to Oct 28, 2026, with distributions reinvested, ACWX returned +14.3% and BWET +5,121.7%.
Which is cheaper, ACWX or BWET?: ACWX 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

ACWX vs USO ACWX vs SIVR ACWX vs SLV ACWX vs GLDM BWET vs FENI BWET vs IXUS BWET vs VEU BWET vs SCHF

Where to next

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

Sources and dates

ACWX filings on SEC EDGAR ↗

ACWX prospectus with the expense ratio (SEC) ↗

iShares page for ACWX ↗

Breakwave page for BWET ↗

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

Cite this pageCitation, APA and Markdown

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

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.