Data as of .
DTRE vs FRWD: which is really different?
DTRE and FRWD hold 0% of their weight in the same names.
ETFIQ Off-Index Score: DTRE scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
0% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, DTRE and FRWD hold 0% of their money in the same securities at the same weight.
| Only in DTRE | Only in FRWD |
|---|---|
| American Tower Corporation 7.12% | NVIDIA Corp. 8.12% |
| Digital Realty Trust, Inc. 6.86% | Advanced Micro Devices, Inc. 7.83% |
| Equinix, Inc. 6.66% | Seagate Technology Holdings plc 7.77% |
| SBA Communications Corporation 6.61% | Lam Research Corp. 6.67% |
| Prologis, Inc. 6.44% | Taiwan Semiconductor Manufacturing Co. L 6.33% |
| Crown Castle Inc. 6.43% | Micron Technology, Inc. 5.16% |
| Rexford Industrial Realty, Inc. 5.26% | ASML Holding NV 5.09% |
| Segro Plc 4.87% | Western Digital Corp. 5.05% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| DTRE | FRWD | DTRE | FRWD | DTRE | FRWD | |
| 3 months | +0.5% | −8.0% | −1.7 pts | −10.2 pts | +3.0 pts | −5.5 pts |
| 6 months | +7.3% | +36.3% | −10.7 pts | +18.3 pts | −16.9 pts | +12.1 pts |
| 1 year | +8.0% | not published | −8.6 pts | not published | −13.8 pts | not published |
| 3 years | +14.2% | not published | −64.2 pts | not published | −83.9 pts | not published |
| Since launch | +122.6% | +27.3% | −680.9 pts | +16.6 pts | −1567.6 pts | +11.8 pts |
| DTRE First Trust Alerian Disruptive Technology Real Estate ETF Holds 37 stocks in broad innovation and megatrends, 40% 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 | First Trust | Nomura |
| Theme | Broad innovation and megatrends | Broad innovation and megatrends |
| In the S&P 500 | 40.1% | 70.1% |
| Active share vs the S&P 500 | 99.4% | 74.3% |
| In the Nasdaq-100 | 0.0% | 77.7% |
| Holdings | 37 | 25 |
| Top ten, share of the fund | 59.2% | 60.8% |
| Expense ratio | 0.60% | 0.65% |
| Fee for the differing part | 0.60% | 0.87% |
| Total return, 1 year | +8.0% | +27.3% (since launch on Jan 13, 2026) |
| vs the S&P 500 | −8.6 pts | +16.6 pts |
| vs the Nasdaq-100 | −13.8 pts | +11.8 pts |
| Below its high | −12.9% | −8.0% |
| Net assets | $14m | $285m |
DTRE in plain words
By weight, 40% of DTRE's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 59% of the fund across 37 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +8.0% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 8.6 pts. It sits 12.9% below its all-time high of Dec 31, 2021.
FRWD in plain words
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 launched on Jan 13, 2026 the fund returned +27.3% with distributions reinvested against +10.7% for the S&P 500, so a holder was ahead by 16.6 pts. It sits 8.0% below its all-time high of Jun 18, 2026.
Questions people ask
- Do DTRE and FRWD hold the same stocks?
- By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, DTRE or FRWD?
- DTRE has 40% of its weight in S&P 500 names and FRWD has 70%, so DTRE differs more from the index.
- Which is cheaper, DTRE or FRWD?
- DTRE charges 0.60% a year and FRWD charges 0.65%, so DTRE is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, DTRE against FRWD, data as of Sep 18, 2026. https://etfiq.com/compare/themes/dtre-vs-frwd Free to use with attribution; the underlying files are at Open data.