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Data as of Nov 4, 2026.

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Thematic ETFs

BUYZ vs FRWD: Holdings Overlap & Returns

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BUYZ and FRWD hold 20% of their weight in the same names.

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Net assets: $5.3m on Nov 3, 2026 for Franklin Disruptive Commerce ETF, and $285m on Jun 30, 2026 for Nomura Transformational Technologies ETF.

BUYZ on its own →FRWD on its own →
At a glance
61.5%
BUYZ in the S&P 500
69.9%
FRWD in the S&P 500
−10.3%
BUYZ total return, 1 year
+15.0%
FRWD total return, since launch, Jan 13, 2026
BUYZ · 1 year to Nov 4, 2026 39% of its weight is outside the S&P 500
39% of its weight is outside the S&P 50062% of BUYZ's weight is in S&P 500 companies and 39% is outside the index. Holdings as of Jun 30, 2026.62%39%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 86% · top ten 49% of the fund · 58 holdings as filed for Jun 30, 2026 · Nasdaq-100: 53% in39% of its weight is outside the S&P 50062% of BUYZ's weight is in S&P 500 companies and 39% is outside the index. Holdings as of Jun 30, 2026.62%39%in the S&P 500outsideactive share 86% · Nasdaq-100: 53% in

62% of BUYZ's weight is in S&P 500 companies and 39% is outside the index. Holdings as of Jun 30, 2026.

FRWD · 6 months to Nov 4, 2026 30% of its weight is outside the S&P 500
30% of its weight is outside the S&P 50070% of FRWD's weight is in S&P 500 companies and 30% is outside the index. Holdings as of Jun 30, 2026.70%30%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 74% · top ten 61% of the fund · 25 holdings as filed for Jun 30, 2026 · Nasdaq-100: 80% in30% of its weight is outside the S&P 50070% of FRWD's weight is in S&P 500 companies and 30% is outside the index. Holdings as of Jun 30, 2026.70%30%in the S&P 500outsideactive share 74% · Nasdaq-100: 80% in

70% of FRWD's weight is in S&P 500 companies and 30% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

BUYZ costs 0.15 points a year less.

Points (pts) are percentage points.

BUYZ vs FRWD: Holdings Overlap & Returns
MeasureBUYZFRWD
Return
Total return, 1 year−10.3%not published
Drawdown
Below its all-time high40.1%, high on Feb 12, 202116.9%, high on Jun 18, 2026
Against its benchmark
What it tracksBroad innovation and megatrendsBroad innovation and megatrends
Its benchmark, total return, 1 year+14.8%
Against its benchmark, 1 yearbehind by 25.1 pts
Cost and size
Expense ratio0.50%0.65%
Net assets, BUYZ as of Nov 3, 2026 and FRWD as of Jun 30, 2026$5.3m$285m
Holdings
Holdings in common20%
ETFIQ S&P 500 Difference Score · BUYZ scores higher How much of its weight does it not share with the S&P 500?
IQ Themes Score54.8BUYZ21.9FRWD

How different its holdings are from the S&P 500, ranked against 114 thematic ETFs with at least half their money in S&P 500 companies. 100 is best. How it is computed

0.4, the lowest in this set 99.6, the highest

Weight not shared with the S&P 500 only; it says nothing about returns, fees or whether the theme pays off. All thematic ETFs ranked by it →

Method

What they share

20%

By the books each fund has filed, BUYZ and FRWD hold 20% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026.

0 half 100%

half

20% in common

Positions both hold · largest shared weight first BUYZ FRWD
DOORDASH INC 3.29% 3.29%
ALPHABET INC 4.02% 3.20%
AMAZON.COM INC 10.99% 2.81%
NETFLIX INC 2.69% 3.27%
MERCADOLIBRE INC 3.26% 2.31%
BOOKING HOLDINGS INC 3.00% 2.04%
SHOPIFY INC 8.43% 1.94%
SPOTIFY TECHNOLOGY SA 1.65% 2.38%
Only in one fund ↓
Only in BUYZ
APPLOVIN CORP 5.31%
META PLATFORMS INC 3.88%
CARVANA COMPANY 3.64%
EBAY INC 3.26%
WALMART INC 3.08%
MASTERCARD INC 2.97%
COSTCO WHOLESALE CORP 2.58%
PROLOGIS INC 2.50%
Only in FRWD
NVIDIA Corp. 8.09%
Advanced Micro Devices, Inc. 7.80%
Seagate Technology Holdings plc 7.74%
Lam Research Corp. 6.64%
Taiwan Semiconductor Manufacturing Co. Ltd. 6.30%
Micron Technology, Inc. 5.14%
ASML Holding NV 5.07%
Western Digital Corp. 5.04%
Check overlap with more funds →

Window by window

Window by window: BUYZ vs FRWD: Holdings Overlap & Returns
Total returnvs its benchmark
WindowBUYZFRWDBUYZFRWD
3 months+1.9%−10.7%+2.2 pts vs IWVnot measured
6 months+5.8%−5.2%+0.9 pts vs IWVnot measured
1 year−10.3%–−25.1 pts vs IWV–
3 years+47.2%–−33.8 pts vs IWV–
Since launchNot the same days: BUYZ Feb 2020 · FRWD Jan 2026+54.0%+15.0%−120.5 pts vs IWVnot measured

– means no data for this window. Open this comparison in the app →

Side by side

BUYZ Franklin Disruptive Commerce ETF · Holds 58 stocks in broad innovation and megatrends, 62% of its weight in S&P 500 companies FRWD Nomura Transformational Technologies ETF · Holds 25 stocks in broad innovation and megatrends, 70% of its weight in S&P 500 companies
Issuer Franklin Nomura
Theme Broad innovation and megatrends Broad innovation and megatrends
In the S&P 500 61.5% 69.9%
Active share vs the S&P 500 86.3% 74.4%
In the Nasdaq-100 53.2% 79.9%
Holdings 58 25
Top ten, share of the fund 49.2% 60.6%
Expense ratio 0.50% 0.65%
Fee for the differing part 0.58% 0.87%
Total return, 1 year −10.3% +15.0% (since launch, Jan 13, 2026)
vs its benchmark −25.1 pts vs IWV not measured
Below its high −40.1% −16.9%
Net assets, BUYZ as of Nov 3, 2026 and FRWD as of Jun 30, 2026 $5.3m $285m

As of Nov 4, 2026. Source: ETFIQ.

20% of the two portfolios are the same securities at the same weight.

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About each fund
BUYZ

Over the year to Nov 4, 2026 the fund returned −10.3% with distributions reinvested against +14.8% for its benchmark, the Russell 3000 Index, so a holder was behind by 25.1 pts.

By weight, 62% of BUYZ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 86%. The top ten holdings are 49% of the fund across 58 positions, as filed for Jun 30, 2026. It sits 40.1% below its all-time high of Feb 12, 2021.

FRWD

By weight, 70% of FRWD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 74%. The top ten holdings are 61% of the fund across 25 positions, as filed for Jun 30, 2026. Since it first traded on Jan 13, 2026 the fund returned +15.0% with distributions reinvested. It sits 16.9% below its all-time high of Jun 18, 2026.

Questions people ask

Do BUYZ and FRWD hold the same stocks?
By their latest filings, 20% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, BUYZ or FRWD?
BUYZ has 62% of its weight in S&P 500 names and FRWD has 70%, so BUYZ differs more from the index.
Which is cheaper, BUYZ or FRWD?
BUYZ charges 0.50% a year and FRWD charges 0.65%, so BUYZ is cheaper. Fees come from each fund's prospectus.
Other comparisons
BUYZ vs ILDRBUYZ vs FITEBUYZ vs QQQJBUYZ vs FMEDFRWD vs THMZFRWD vs TEKYFRWD vs LENSFRWD vs HTEC
Where to next
BUYZ on its own →FRWD on its own →BUYZ dividend history →BUYZ holdings →FRWD holdings →Method →Standards and sources →
Sources and dates
BUYZ filings on SEC EDGAR ↗
BUYZ prospectus with the expense ratio (SEC) ↗
Franklin website ↗
FRWD filings on SEC EDGAR ↗
FRWD prospectus with the expense ratio (SEC) ↗
Nomura website ↗

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

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, BUYZ against FRWD, data as of Nov 4, 2026. https://etfiq.com/compare/themes/buyz-vs-frwd

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