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

In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and SLV +14.9%.

Which is cheaper, BWET or SLV?

SLV is cheaper, by 4.18 percentage points a year. That is about $418 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 SLV: Differences, Returns & Fees

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BWET is a commodity futures fund and SLV a commodity fund, and over the year to Oct 28, 2026, BWET returned +5,121.7% against +14.9%.

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Net assets on Oct 28, 2026: $178m for Breakwave Tanker Shipping ETF and $26.9bn for iShares Silver Trust.

BWET on its own →SLV on its own →

At a glance

+5,121.7%

BWET total return, 1 year

+14.9%

SLV total return, 1 year

4.68%

BWET expense ratio

0.50%

SLV expense ratio

Pair scorecard

SLV costs 4.18 points a year less; their one-year returns differ by 5106.8 points; SLV is far larger, $26.9bn against $178m.

BWET vs SLV: Differences, Returns & Fees
Measure	BWET	SLV
Return
Measure	BWET	SLV
Total return, 1 year	+5,121.7%	+14.9%
Drawdown
Measure	BWET	SLV
Below its high	11.2%, high on Oct 8, 2026	53.5%, high on Jan 28, 2026
Benchmark
Measure	BWET	SLV
What it tracks	Tanker freight futures	Silver
Cost and size
Measure	BWET	SLV
Expense ratio	4.68%	0.50%
Net assets	$178m	$26.9bn
Holdings
Measure	BWET	SLV
Holdings in common	not published

Method

Side by side

BWET Breakwave Tanker Shipping ETF SLV iShares Silver Trust

Where it sits Commodity ETF Commodity ETF

Issuer Breakwave iShares

What it is Holds tanker freight futures Holds silver

Total return, 1 year +5,121.7% +14.9%

Its benchmark over the same days not measured +15.0% (SIVR)

Gap to its benchmark not measured −0.1 pts vs SIVR

Expense ratio 4.68% 0.50%

Net assets $178m $26.9bn

BWET and SLV 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.

SLV

Its expense ratio is 0.50% a year, for the three months to Jun 30, 2026, as its 10-Q states.

SLV holds silver. Over the year to Oct 28, 2026 it returned +14.9% with distributions reinvested, against +15.0% for its benchmark, the price of silver. It sat 53.5% below its high of Jan 28, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, BWET or SLV?: In the year to Oct 28, 2026, with distributions reinvested, BWET returned +5,121.7% and SLV +14.9%.
Which is cheaper, BWET or SLV?: SLV is cheaper, by 4.18 percentage points a year. That is about $418 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

BWET vs GLDM BWET vs IAU BWET vs GLD BWET vs SIVR SLV vs USO SIVR vs SLV GLDM vs SLV IAU vs SLV

Where to next

BWET on its own →SLV on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Sources and dates

Breakwave page for BWET ↗

iShares page for SLV ↗

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

Cite this pageCitation, APA and Markdown

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

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