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

In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and SHV +3.6%.

Which is cheaper, BWET or SHV?

SHV is cheaper, by 4.53 percentage points a year. That is about $453 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 SHV: Differences, Returns & Fees

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BWET is a commodity futures fund and SHV a bond index fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +3.6%.

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Net assets: $178m on Oct 28, 2026 for Breakwave Tanker Shipping ETF, and $21.7bn on Oct 27, 2026 for iShares 0-1 Year Treasury Bond ETF.

BWET on its own →SHV on its own →

At a glance

+5,121.7%

BWET total return, 1 year

+3.6%

SHV total return, 1 year

4.68%

BWET expense ratio

0.15%

SHV expense ratio

Pair scorecard

SHV costs 4.53 points a year less; their one-year returns differ by 5118.1 points; SHV is far larger, $22.2bn against $186m.

BWET vs SHV: Differences, Returns & Fees
Measure	BWET	SHV
Return
Measure	BWET	SHV
Total return, 1 year	+5,121.7%	+3.6%
Drawdown
Measure	BWET	SHV
Below its high	11.2%, high on Oct 8, 2026
Benchmark
Measure	BWET	SHV
What it tracks	Tanker freight futures	ICE Short US Treasury Securities Index
Cost and size
Measure	BWET	SHV
Expense ratio	4.68%	0.15%
Net assets, as of Oct 26, 2026	$186m	$22.2bn
Holdings
Measure	BWET	SHV
Holdings in common	not published

Method

Side by side

BWET Breakwave Tanker Shipping ETF SHV iShares 0-1 Year Treasury Bond ETF

Where it sits Commodity ETF Bond ETF

Issuer Breakwave iShares

What it is Holds tanker freight futures Tracks an index of 0-1 Year Treasury Bond

Total return, 1 year +5,121.7% +3.6%

Expense ratio 4.68% 0.15%

Holdings not counted 66

Net assets, BWET as of Oct 28, 2026 and SHV as of Oct 27, 2026 $178m $21.7bn

BWET and SHV 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.

SHV

SHV tracks an index of 0-1 Year Treasury Bond. Over the year to Oct 28, 2026 it returned +3.6% with distributions reinvested. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, BWET or SHV?: In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and SHV +3.6%.
Which is cheaper, BWET or SHV?: SHV is cheaper, by 4.53 percentage points a year. That is about $453 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

BWET vs SGOV BWET vs PULS BWET vs USFR BWET vs MINT SHV vs USO SHV vs SIVR SHV vs SLV GLDM vs SHV

Where to next

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

Sources and dates

Breakwave page for BWET ↗

SHV filings on SEC EDGAR ↗

SHV prospectus with the expense ratio (SEC) ↗

iShares page for SHV ↗

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

Cite this pageCitation, APA and Markdown

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

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