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Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

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 and FBTC on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
BWET
Breakwave Tanker Shipping ETF
FBTC
Fidelity Wise Origin Bitcoin Fund
Where it sitsCore fundCore fund
IssuerBreakwaveFidelity
What it isHolds tanker freight futuresHolds 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 ratio0.15%0.25%
Net assetsnot 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.

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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.

BWET against FBTC, ETFIQ, data as of Sep 21, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

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