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

In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and MUB −0.4%.

Which is cheaper, BWET or MUB?

MUB is cheaper, by 4.63 percentage points a year. That is about $463 on $10,000 held for a year. Fees come from each fund's own filings.

Data as of Oct 28, 2026.

Across categories

BWET vs MUB: Differences, Returns & Fees

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BWET is a commodity futures fund and MUB a bond index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against −0.4%.

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Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $54.1bn on Oct 27, 2026 for iShares National Muni Bond ETF.

BWET on its own →MUB on its own →

At a glance

+5,121.7%

BWET total return, 1 year

−0.4%

MUB total return, 1 year

4.68%

BWET expense ratio

0.05%

MUB expense ratio

Pair scorecard

MUB costs 4.63 points a year less; their one-year returns differ by 5122.1 points; MUB is far larger, $54.1bn against $186m.

BWET vs MUB: Differences, Returns & Fees
Measure	BWET	MUB
Return
Measure	BWET	MUB
Total return, 1 year	+5,121.7%	−0.4%
Drawdown
Measure	BWET	MUB
Below its high	11.2%, high on Oct 8, 2026
Benchmark
Measure	BWET	MUB
What it tracks	Tanker freight futures	ICE AMT-Free US National Municipal Index
Cost and size
Measure	BWET	MUB
Expense ratio	4.68%	0.05%
Net assets, as of Oct 26, 2026	$186m	$54.1bn
Holdings
Measure	BWET	MUB
Holdings in common	not published

Method

Side by side

BWET Breakwave Tanker Shipping ETF MUB iShares National Muni Bond ETF

Where it sits Commodity ETF Bond ETF

Issuer Breakwave iShares

What it is Holds tanker freight futures Tracks an index of National Muni Bond

Total return, 1 year +5,121.7% −0.4%

Expense ratio 4.68% 0.05%

Holdings not counted 7873

Net assets, BWET as of Oct 28, 2026 and MUB as of Oct 27, 2026 $178m $54.1bn

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

Alert

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.

MUB

MUB tracks an index of National Muni Bond. Over the year to Oct 28, 2026 it returned −0.4% with distributions reinvested. The prospectus expense ratio is 0.05% a year.

Questions people ask

Which returned more over the last year, BWET or MUB?: In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and MUB −0.4%.
Which is cheaper, BWET or MUB?: MUB is cheaper, by 4.63 percentage points a year. That is about $463 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

BWET vs VTEB BWET vs HYMB BWET vs IUSB BWET vs TLT MUB vs USO MUB vs SIVR MUB vs SLV GLDM vs MUB

Where to next

BWET on its own →MUB on its own →Hold both: look the portfolio through →Rankings →MUB dividend history →MUB holdings →Standards and sources →

Sources and dates

Breakwave page for BWET ↗

MUB filings on SEC EDGAR ↗

MUB prospectus with the expense ratio (SEC) ↗

iShares page for MUB ↗

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

Cite this pageCitation, APA and Markdown

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

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