Data as of Oct 28, 2026.

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

BWET vs FLKR: Differences, Returns & Fees

Share
Share on XDownload as PDF

BWET is a commodity futures fund and FLKR an equity index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +79.7%.

askIQ about this page

askIQ about BWET and FLKR

Net assets on Oct 28, 2026: $178m for Breakwave Tanker Shipping ETF and $1.9bn for Franklin FTSE South Korea ETF.

At a glance
+5,121.7%
BWET total return, 1 year
+79.7%
FLKR total return, 1 year
4.68%
BWET expense ratio
0.09%
FLKR expense ratio

Pair scorecard

FLKR costs 4.59 points a year less; their one-year returns differ by 5042.0 points; FLKR is 10.7 times larger.

BWET vs FLKR: Differences, Returns & Fees
MeasureBWETFLKR
Return
Total return, 1 year+5,121.7%+79.7%
Drawdown
Below its high11.2%, high on Oct 8, 202624.1%, high on Jun 22, 2026
Benchmark
What it tracksTanker freight futuresFTSE South Korea RIC Capped Index
Cost and size
Expense ratio4.68%0.09%
Net assets$178m$1.9bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Holdings datedJun 30, 2026
Top ten holdings, share of the fund64.6%

Method

Risk and return

May 12, 2023 to Oct 23, 2026 · 180 weekly returns
BWET FLKR
Return
Total return edge BWET +5,753.7% +176.6%
Annualized edge BWET +224.0% +34.2%
Price return edge BWET +5,753.7% +144.0%
Risk
Volatility edge FLKR 87.4% 34.0%
Max drawdown edge FLKR −55.9% −30.0%
Risk-adjusted
Sharpe edge BWET 1.71 0.90
Sortino edge BWET 3.72 1.36
Calmar edge BWET 4.01 1.14
Reading

BWET returned more: +5,753.7% to +176.6%. FLKR swung less: 34.0% to 87.4%. FLKR fell less at its worst: −30.0% to −55.9%.

Full scorecard

9 measures, with how each is measured
Open ↓
Risk and return: BWET vs FLKR: Differences, Returns & Fees
MeasureBWETFLKREdgeHow it is measured
Return
Total return+5,753.7%+176.6%BWETPrice change plus distributions, reinvested.
Annualized+224.0%+34.2%BWETTotal return as a yearly rate.
Price return+5,753.7%+144.0%BWETPrice change alone, distributions left out.
Risk
Volatility87.4%34.0%FLKRSpread of weekly returns, annualized. Lower is steadier.
Downside deviation40.2%22.6%FLKRLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−55.9%−30.0%FLKRDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe1.710.90BWETReturn above Treasury bills per unit of volatility.
Sortino3.721.36BWETReturn above Treasury bills per unit of downside deviation.
Calmar4.011.14BWETAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 180 weekly returns. Cash rate: the 13-week Treasury bill.

Side by side

BWET Breakwave Tanker Shipping ETF FLKR Franklin FTSE South Korea ETF
Where it sits Commodity ETF Stock ETF
What it is Holds tanker freight futures Tracks the FTSE South Korea
Total return, 1 year +5,121.7% +79.7%
Expense ratio 4.68% 0.09%
Holdings not counted 156
Net assets $178m $1.9bn

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

Client brief

No client brief for this pair: ETFIQ prints no one-year total return for BWET.

Alert

BWET 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.

FLKR

FLKR tracks the FTSE South Korea. Over the year to Oct 28, 2026 it returned +79.7% with distributions reinvested. The prospectus expense ratio is 0.09% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 156 positions, with the top ten at 64.6%. It sat 24.1% below its high of Jun 22, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BWET or FLKR?
In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and FLKR +79.7%.
Which is cheaper, BWET or FLKR?
FLKR is cheaper, by 4.59 percentage points a year. That is about $459 on $10,000 held for a year. Fees come from each fund's own filings.
Other comparisons
Cite this pageCitation, APA and Markdown

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

Open data →

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