Data as of Oct 28, 2026.
BWET vs FTEC: Differences, Returns & Fees
BWET is a commodity futures fund and FTEC an equity index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +25.0%.
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Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $22.1bn on Sep 30, 2026 for Fidelity MSCI Information Technology Index ETF.
Pair scorecard
FTEC costs 4.60 points a year less; their one-year returns differ by 5096.7 points.
| Measure | BWET | FTEC |
|---|---|---|
| Return | ||
| Total return, 1 year | +5,121.7% | +25.0% |
| Drawdown | ||
| Below its high | 11.2%, high on Oct 8, 2026 | 4.9%, high on Oct 6, 2026 |
| Benchmark | ||
| What it tracks | Tanker freight futures | MSCI USA IMI Information Technology 25/50 Index |
| Cost and size | ||
| Expense ratio | 4.68% | 0.08% |
| Net assets, BWET as of Oct 28, 2026 and FTEC as of Sep 30, 2026 | $178m | $22.1bn |
| Holdings | ||
| Holdings in common | not published | |
| In the S&P 500, by weight | 88% | |
| Holdings dated | Jul 31, 2026 | |
| Top ten holdings, share of the fund | 62.2% | |
Side by side
BWET and FTEC on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
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.
FTEC
FTEC tracks the MSCI Information Technology. Over the year to Oct 28, 2026 it returned +25.0% with distributions reinvested, against +24.7% for its benchmark, the MSCI USA IMI Information Technology 25/50 Index. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jul 31, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 281 positions, with the top ten at 62.2%. It sat 4.9% below its high of Oct 6, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, BWET or FTEC?
- In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and FTEC +25.0%.
- Which is cheaper, BWET or FTEC?
- FTEC is cheaper, by 4.60 percentage points a year. That is about $460 on $10,000 held for a year. Fees come from each fund's own filings.
Links are sources, not endorsements. A comparison is not a recommendation.
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ETFIQ, BWET against FTEC, data as of Oct 28, 2026. https://etfiq.com/compare/any/bwet-vs-ftec
ETFIQ. (Oct 28, 2026). BWET against FTEC. Retrieved from https://etfiq.com/compare/any/bwet-vs-ftec
[BWET against FTEC (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/bwet-vs-ftec)
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