IQ

Data as of Oct 28, 2026.

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

BWET vs IDEV: Differences, Returns & Fees

Share
Share on XDownload as PDF

BWET is a commodity futures fund and IDEV an equity index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +13.4%.

askIQ about this page

askIQ about BWET and IDEV

Net assets on Oct 28, 2026: $178m for Breakwave Tanker Shipping ETF and $34.0bn for iShares Core MSCI International Developed Markets ETF.

BWET on its own →IDEV on its own →
At a glance
+5,121.7%
BWET total return, 1 year
+13.4%
IDEV total return, 1 year
4.68%
BWET expense ratio
0.04%
IDEV expense ratio

Pair scorecard

IDEV costs 4.64 points a year less; their one-year returns differ by 5108.3 points; IDEV is far larger, $34.0bn against $178m.

BWET vs IDEV: Differences, Returns & Fees
MeasureBWETIDEV
Return
Total return, 1 year+5,121.7%+13.4%
Drawdown
Below its high11.2%, high on Oct 8, 20264.4%, high on Aug 25, 2026
Benchmark
What it tracksTanker freight futuresMSCI World ex USA Investable Market Index
Cost and size
Expense ratio4.68%0.04%
Net assets$178m$34.0bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Holdings datedOct 27, 2026
Top ten holdings, share of the fund10.9%

Method

Side by side

BWET Breakwave Tanker Shipping ETF IDEV iShares Core MSCI International Developed Markets ETF
Where it sits Commodity ETF Stock ETF
Issuer Breakwave iShares
What it is Holds tanker freight futures Tracks the MSCI International Developed Markets
Total return, 1 year +5,121.7% +13.4%
Its benchmark over the same days not measured +14.3% (ACWX)
Gap to its benchmark not measured −0.9 pts vs ACWX
Expense ratio 4.68% 0.04%
Holdings not counted 2317
Net assets $178m $34.0bn

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

Alert

BWET and IDEV 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.

IDEV

IDEV tracks the MSCI International Developed Markets. Over the year to Oct 28, 2026 it returned +13.4% with distributions reinvested, against +14.3% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.04% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,317 positions, with the top ten at 10.9%. It sat 4.4% below its high of Aug 25, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BWET or IDEV?
In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and IDEV +13.4%.
Which is cheaper, BWET or IDEV?
IDEV is cheaper, by 4.64 percentage points a year. That is about $464 on $10,000 held for a year. Fees come from each fund's own filings.
Other comparisons
BWET vs IXUSBWET vs VEUBWET vs SCHFBWET vs EFAIDEV vs USOIDEV vs SIVRIDEV vs SLVGLDM vs IDEV
Where to next
BWET on its own →IDEV on its own →Hold both: look the portfolio through →Rankings →IDEV dividend history →IDEV holdings →Standards and sources →
Sources and dates
Breakwave page for BWET ↗
IDEV filings on SEC EDGAR ↗
IDEV prospectus with the expense ratio (SEC) ↗
iShares page for IDEV ↗

Links are sources, not endorsements. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

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

Open data →

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