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Data as of Oct 28, 2026.

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BWET vs IWD: Differences, Returns & Fees

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BWET is a commodity futures fund and IWD an equity index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +27.5%.

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Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $83.0bn on Oct 27, 2026 for iShares Russell 1000 Value ETF.

BWET on its own →IWD on its own →
At a glance
+5,121.7%
BWET total return, 1 year
+27.5%
IWD total return, 1 year
4.68%
BWET expense ratio
0.18%
IWD expense ratio

Pair scorecard

IWD costs 4.50 points a year less; their one-year returns differ by 5094.2 points; IWD is far larger, $84.8bn against $186m.

BWET vs IWD: Differences, Returns & Fees
MeasureBWETIWD
Return
Total return, 1 year+5,121.7%+27.5%
Drawdown
Below its high11.2%, high on Oct 8, 2026
Benchmark
What it tracksTanker freight futuresRussell 1000 Value Index
Cost and size
Expense ratio4.68%0.18%
Net assets, as of Oct 26, 2026$186m$84.8bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight90%
Top ten holdings, share of the fund29.6%

Method

Side by side

BWET Breakwave Tanker Shipping ETF IWD iShares Russell 1000 Value ETF
Where it sits Commodity ETF Stock ETF
Issuer Breakwave iShares
What it is Holds tanker freight futures Tracks the Russell 1000 value
Total return, 1 year +5,121.7% +27.5%
Its benchmark over the same days not measured +27.7% (VONV)
Gap to its benchmark not measured −0.2 pts vs VONV
Expense ratio 4.68% 0.18%
Holdings not counted 871
Net assets, BWET as of Oct 28, 2026 and IWD as of Oct 27, 2026 $178m $83.0bn

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

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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.

IWD

IWD tracks the Russell 1000 value. Over the year to Oct 28, 2026 it returned +27.5% with distributions reinvested, against +27.7% for its benchmark, the Russell 1000 Value Index. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Oct 27, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 871 positions, with the top ten at 29.6%.

Questions people ask

Which returned more over the last year, BWET or IWD?
In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and IWD +27.5%.
Which is cheaper, BWET or IWD?
IWD is cheaper, by 4.50 percentage points a year. That is about $450 on $10,000 held for a year. Fees come from each fund's own filings.
Other comparisons
BWET vs SCHDBWET vs VTVBWET vs VYMBWET vs DGROIWD vs USOIWD vs SIVRIWD vs SLVGLDM vs IWD
Where to next
BWET on its own →IWD on its own →Hold both: look the portfolio through →Rankings →IWD dividend history →IWD holdings →Standards and sources →
Sources and dates
Breakwave page for BWET ↗
IWD filings on SEC EDGAR ↗
IWD prospectus with the expense ratio (SEC) ↗
iShares page for IWD ↗

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

Cite this pageCitation, APA and Markdown

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

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