IQ

Data as of Oct 28, 2026.

vsCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Across categories

BWET vs EMXC: Differences, Returns & Fees

Share
Share on XDownload as PDF

BWET is a commodity futures fund and EMXC an equity index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +33.8%.

askIQ about this page

askIQ about BWET and EMXC

Net assets on Oct 28, 2026: $178m for Breakwave Tanker Shipping ETF and $26.9bn for iShares MSCI Emerging Markets ex China ETF.

BWET on its own →EMXC on its own →
At a glance
+5,121.7%
BWET total return, 1 year
+33.8%
EMXC total return, 1 year
4.68%
BWET expense ratio
0.25%
EMXC expense ratio

Pair scorecard

EMXC costs 4.43 points a year less; their one-year returns differ by 5087.9 points; EMXC is far larger, $26.9bn against $178m.

BWET vs EMXC: Differences, Returns & Fees
MeasureBWETEMXC
Return
Total return, 1 year+5,121.7%+33.8%
Drawdown
Below its high11.2%, high on Oct 8, 202611.3%, high on Jun 22, 2026
Benchmark
What it tracksTanker freight futuresMSCI Emerging Markets ex China Index
Cost and size
Expense ratio4.68%0.25%
Net assets$178m$26.9bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Holdings datedOct 27, 2026
Top ten holdings, share of the fund42.2%

Method

Side by side

BWET Breakwave Tanker Shipping ETF EMXC iShares MSCI Emerging Markets ex China ETF
Where it sits Commodity ETF Stock ETF
Issuer Breakwave iShares
What it is Holds tanker freight futures Tracks the MSCI Emerging Markets ex China
Total return, 1 year +5,121.7% +33.8%
Its benchmark over the same days not measured +37.0% (KEMX)
Gap to its benchmark not measured −3.2 pts vs KEMX
Expense ratio 4.68% 0.25%
Holdings not counted 696
Net assets $178m $26.9bn

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

Alert

BWET and EMXC flows, by email on Sundays.

One-click unsubscribe. See Privacy.

About each fund
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.

EMXC

EMXC tracks the MSCI Emerging Markets ex China. Over the year to Oct 28, 2026 it returned +33.8% with distributions reinvested, against +37.0% for its benchmark, the MSCI Emerging Markets ex China Index. The prospectus expense ratio is 0.25% 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 696 positions, with the top ten at 42.2%. It sat 11.3% below its high of Jun 22, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BWET or EMXC?
In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and EMXC +33.8%.
Which is cheaper, BWET or EMXC?
EMXC is cheaper, by 4.43 percentage points a year. That is about $443 on $10,000 held for a year. Fees come from each fund's own filings.
Other comparisons
BWET vs EEMBWET vs VWOBWET vs IEMGAVEM vs BWETEMXC vs USOEMXC vs SIVREMXC vs SLVEMXC vs GLDM
Where to next
BWET on its own →EMXC on its own →Hold both: look the portfolio through →Rankings →EMXC dividend history →EMXC holdings →Standards and sources →
Sources and dates
Breakwave page for BWET ↗
EMXC filings on SEC EDGAR ↗
EMXC prospectus with the expense ratio (SEC) ↗
iShares page for EMXC ↗

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

Cite this pageCitation, APA and Markdown

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

Open data →

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