BWET vs IVV
Breakwave Tanker Shipping ETF vs iShares Core S&P 500 ETF
Which is better, BWET or IVV?
Multi Alternative against Large Cap Blend.
IVV has a lower expense ratio. BWET led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BWET | IVV |
|---|---|---|
| Expense Ratio | 3.50% | 0.03%Best |
| AUM | $125M | $876.4B |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 12 | 508 |
| YTD Return | +3781.03%Best | +12.51% |
| 1Y Return | +5129.64%Best | +17.57% |
| 3Y Return (annualized) | +269.45%Best | +21.27% |
| 5Y Return (annualized) | - | +12.95% |
| Volatility (annualized) | 103.2% | 12.8%Best |
| Max Drawdown | -56.9% | -18.8%Best |
| $10,000 over 3.4 years | $547,409Best | $19,733 |
| Fund Family | ETFMG | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | May 1, 2023 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: May 3, 2023 to Sep 11, 2026 (3.4 years).
BWET vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
BWET vs IVV Performance
Breakwave Tanker Shipping ETF (BWET) is an ETF from ETFMG and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year BWET returned +5129.64% while IVV returned +17.57%. Year to date, BWET is up 3781.03% versus a gain of 12.51% for IVV.
Over three years, BWET compounded at +269.45% per year against +21.27% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BWET has been the more volatile fund, with annualized monthly volatility of 103.2% compared with 12.8% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -56.9% for BWET and -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.00. They move largely independently of each other.
Fees and Cost Over Time
BWET charges 3.50% per year while IVV charges 0.03%. On a $10,000 position that is $350 vs $3 annually, a gap of $347 per year that compounds over a long holding period. On income, BWET currently yields 0.00% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 1 holding in BWET and 505 in IVV, totalling 52.6% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in BWET and 505 in IVV, against full books of 12 and 508.
You are not choosing between two funds in isolation.
Whichever of BWET and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BWET or IVV?
BWET has an expense ratio of 3.50% while IVV charges 0.03%. IVV is the cheaper option, by $347 a year on a $10,000 investment.
Which performed better, BWET or IVV?
Over the past year BWET returned +5129.64% vs +17.57% for IVV, so BWET leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BWET or IVV?
BWET has been the more volatile fund at 103.2% annualized versus 12.8% for IVV. Worst drawdown: BWET -56.9% vs IVV -18.8%.
Should I hold both BWET and IVV?
BWET and IVV have a monthly-return correlation of 0.00, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BWET or IVV?
BWET yields 0.00% while IVV yields 1.06%, so IVV currently pays the higher dividend yield.
Is IVV better than BWET?
IVV has a lower expense ratio. BWET led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.