Data as of Sep 21, 2026.
BWET vs FBTC: how they differ
BWET is a commodity futures fund and FBTC a spot crypto ETP, and over the year BWET returned more, +5700.7% against −31.0%.
Breakwave Tanker Shipping ETF and Fidelity Wise Origin Bitcoin Fund.
| BWET Breakwave Tanker Shipping ETF | FBTC Fidelity Wise Origin Bitcoin Fund | |
|---|---|---|
| Where it sits | Core fund | Core fund |
| Issuer | Breakwave | Fidelity |
| What it is | Holds tanker freight futures | Holds bitcoin |
| Total return, 1 year | +5700.7% | −31.0% |
| S&P 500 over the same days | +16.6% | +16.6% |
| Gap to the S&P 500 | +5684.2 pts | −47.6 pts |
| Expense ratio | 0.15% | 0.25% |
| Net assets | not published | $13.9bn |
BWET in plain words
BWET holds tanker freight futures. Over the year to Sep 18, 2026 it returned +5700.7% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year.
FBTC in plain words
FBTC holds bitcoin. Over the year to Sep 18, 2026 it returned −31.0% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. It sat 35.4% below its high of Oct 6, 2025 on Sep 18, 2026.
Questions people ask
- Which returned more over the last year, BWET or FBTC?
- In the year to Sep 21, 2026, with distributions reinvested, BWET returned +5700.7% and FBTC returned −31.0%, so BWET returned more.
- Which is cheaper, BWET or FBTC?
- BWET charges 0.15% a year and FBTC charges 0.25%, so BWET is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where to next
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, BWET against FBTC, data as of Sep 21, 2026. https://etfiq.com/compare/any/bwet-vs-fbtc Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources