IQ

Data as of Oct 28, 2026.

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

BWET vs EZU: Differences, Returns & Fees

Share
Share on XDownload as PDF

BWET is a commodity futures fund and EZU an equity index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +7.1%.

askIQ about this page

askIQ about BWET and EZU

Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $9.2bn on Oct 27, 2026 for iShares MSCI Eurozone ETF.

BWET on its own →EZU on its own →
At a glance
+5,121.7%
BWET total return, 1 year
+7.1%
EZU total return, 1 year
4.68%
BWET expense ratio
0.50%
EZU expense ratio

Pair scorecard

EZU costs 4.18 points a year less; their one-year returns differ by 5114.6 points; EZU is far larger, $9.1bn against $166m.

BWET vs EZU: Differences, Returns & Fees
MeasureBWETEZU
Return
Total return, 1 year+5,121.7%+7.1%
Drawdown
Below its high11.2%, high on Oct 8, 20268.7%, high on Aug 14, 2026
Benchmark
What it tracksTanker freight futuresMSCI EMU Index
Cost and size
Expense ratio4.68%0.50%
Net assets, as of Oct 23, 2026$166m$9.1bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Top ten holdings, share of the fund30.5%

Method

Side by side

BWET Breakwave Tanker Shipping ETF EZU iShares MSCI Eurozone ETF
Where it sits Commodity ETF Stock ETF
Issuer Breakwave iShares
What it is Holds tanker freight futures Tracks the MSCI Eurozone
Total return, 1 year +5,121.7% +7.1%
Its benchmark over the same days not measured +14.3% (ACWX)
Gap to its benchmark not measured −7.2 pts vs ACWX
Expense ratio 4.68% 0.50%
Holdings not counted 216
Net assets, BWET as of Oct 28, 2026 and EZU as of Oct 27, 2026 $178m $9.2bn

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

Alert

BWET and EZU 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.

EZU

EZU tracks the MSCI Eurozone. Over the year to Oct 28, 2026 it returned +7.1% with distributions reinvested, against +14.3% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.50% 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 216 positions, with the top ten at 30.5%. It sat 8.7% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BWET or EZU?
In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and EZU +7.1%.
Which is cheaper, BWET or EZU?
EZU is cheaper, by 4.18 percentage points a year. That is about $418 on $10,000 held for a year. Fees come from each fund's own filings.
Other comparisons
BWET vs VGKBWET vs URTHBWET vs EWZBWET vs EWTEZU vs USOEZU vs SIVREZU vs SLVEZU vs GLDM
Where to next
BWET on its own →EZU on its own →Hold both: look the portfolio through →Rankings →EZU dividend history →EZU holdings →Standards and sources →
Sources and dates
Breakwave page for BWET ↗
EZU filings on SEC EDGAR ↗
EZU prospectus with the expense ratio (SEC) ↗
iShares page for EZU ↗

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

Cite this pageCitation, APA and Markdown

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

Open data →

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