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

In the year to Oct 28, 2026, with distributions reinvested, BINC returned +0.5% and BWET +5,121.7%.

Which is cheaper, BINC or BWET?

BINC is cheaper, by 4.28 percentage points a year. That is about $428 on $10,000 held for a year. Fees come from each fund's own filings.

Data as of Oct 28, 2026.

Across categories

BINC vs BWET: Differences, Returns & Fees

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BINC is an actively managed equity fund and BWET a commodity futures fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +0.5%.

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Net assets: $16.8bn on Oct 27, 2026 for iShares Flexible Income Active ETF, and $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF.

BINC on its own →BWET on its own →

At a glance

+0.5%

BINC total return, 1 year

+5,121.7%

BWET total return, 1 year

0.40%

BINC expense ratio

4.68%

BWET expense ratio

Pair scorecard

BINC costs 4.28 points a year less; their one-year returns differ by 5121.2 points; BINC is far larger, $16.8bn against $186m.

BINC vs BWET: Differences, Returns & Fees
Measure	BINC	BWET
Return
Measure	BINC	BWET
Total return, 1 year	+0.5%	+5,121.7%
Drawdown
Measure	BINC	BWET
Below its high		11.2%, high on Oct 8, 2026
Benchmark
Measure	BINC	BWET
What it tracks	No index, actively managed	Tanker freight futures
Cost and size
Measure	BINC	BWET
Expense ratio	0.40%	4.68%
Net assets, as of Oct 26, 2026	$16.8bn	$186m
Holdings
Measure	BINC	BWET
Holdings in common	not published
In the S&P 500, by weight	0%
Top ten holdings, share of the fund	24.6%

Method

Side by side

BINC iShares Flexible Income Active ETF BWET Breakwave Tanker Shipping ETF

Where it sits Bond ETF Commodity ETF

Issuer iShares Breakwave

What it is Actively managed Holds tanker freight futures

Total return, 1 year +0.5% +5,121.7%

Expense ratio 0.40% 4.68%

Holdings 4690 not counted

Net assets, BINC as of Oct 27, 2026 and BWET as of Oct 28, 2026 $16.8bn $178m

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

Alert

About each fund

BINC

BINC is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +0.5% with distributions reinvested. The prospectus expense ratio is 0.40% 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 4,690 positions, with the top ten at 24.6%.

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, BINC or BWET?: In the year to Oct 28, 2026, with distributions reinvested, BINC returned +0.5% and BWET +5,121.7%.
Which is cheaper, BINC or BWET?: BINC is cheaper, by 4.28 percentage points a year. That is about $428 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

BINC vs USO BINC vs SIVR BINC vs SLV BINC vs GLDM BWET vs IEI BWET vs SCHP BWET vs HYG BWET vs TIP

Where to next

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

Sources and dates

BINC filings on SEC EDGAR ↗

BINC prospectus with the expense ratio (SEC) ↗

iShares page for BINC ↗

Breakwave page for BWET ↗

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

Cite this pageCitation, APA and Markdown

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

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