Which returned more over the last year, BWET or IBIT?

In the year to Sep 21, 2026, with distributions reinvested, BWET returned +5700.7% and IBIT returned −31.1%, so BWET returned more.

Which is cheaper, BWET or IBIT?

BWET charges 0.15% a year and IBIT charges 0.25%, so BWET is cheaper. Fees come from each fund's prospectus.

Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

BWET vs IBIT: how they differ

BWET is a commodity futures fund and IBIT a spot crypto ETP, and over the year BWET returned more, +5700.7% against −31.1%.

Breakwave Tanker Shipping ETF and iShares Bitcoin Trust ETF.

BWET and IBIT on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
	BWET Breakwave Tanker Shipping ETF	IBIT iShares Bitcoin Trust ETF
Where it sits	Core fund	Core fund
Issuer	Breakwave	iShares
What it is	Holds tanker freight futures	Holds bitcoin
Total return, 1 year	+5700.7%	−31.1%
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%
Holdings	not filed	2
Net assets	not published	$63.7bn

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.

IBIT in plain words

IBIT holds bitcoin. Over the year to Sep 18, 2026 it returned −31.1% 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 35.5% below its high of Oct 6, 2025 on Sep 18, 2026.

Questions people ask

Which returned more over the last year, BWET or IBIT?: In the year to Sep 21, 2026, with distributions reinvested, BWET returned +5700.7% and IBIT returned −31.1%, so BWET returned more.
Which is cheaper, BWET or IBIT?: BWET charges 0.15% a year and IBIT 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 IBIT, 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 IBIT, data as of Sep 21, 2026. https://etfiq.com/compare/any/bwet-vs-ibit Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources