Data as of .
FRWD vs HTEC: which is really different?
FRWD and HTEC hold 0% of their weight in the same names.
ETFIQ Off-Index Score: HTEC 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, FRWD and HTEC hold 0% of their money in the same securities at the same weight.
| Only in FRWD | Only in HTEC |
|---|---|
| NVIDIA Corp. 8.12% | AxoGen, Inc. 3.16% |
| Advanced Micro Devices, Inc. 7.83% | ARROWHEAD PHARMACEUTICALS, INC. 2.57% |
| Seagate Technology Holdings plc 7.77% | Twist Bioscience Corp 2.34% |
| Lam Research Corp. 6.67% | GLAUKOS CORPORATION 2.23% |
| Taiwan Semiconductor Manufacturing Co. L 6.33% | NATERA, INC. 2.17% |
| Micron Technology, Inc. 5.16% | TEMPUS AI, INC. 2.13% |
| ASML Holding NV 5.09% | NOVOCURE LIMITED 2.05% |
| Western Digital Corp. 5.05% | ALNYLAM PHARMACEUTICALS, INC. 2.02% |
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 Apr 30, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| FRWD | HTEC | FRWD | HTEC | FRWD | HTEC | |
| 3 months | −8.0% | +20.9% | −10.2 pts | +18.7 pts | −5.5 pts | +23.4 pts |
| 6 months | +36.3% | +32.1% | +18.3 pts | +14.1 pts | +12.1 pts | +7.9 pts |
| 1 year | not published | +37.8% | not published | +21.3 pts | not published | +16.1 pts |
| 3 years | not published | +63.1% | not published | −15.3 pts | not published | −35.0 pts |
| Since launch | +27.3% | +76.8% | +16.6 pts | −114.2 pts | +11.8 pts | −230.7 pts |
| FRWD Nomura Transformational Technologies ETF Holds 25 stocks in broad innovation and megatrends, 70% of its weight in S&P 500 companies | HTEC ROBO Global(R) Healthcare Technology and Innovation ETF Holds 59 stocks in broad innovation and megatrends, 32% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Nomura | ROBO Global |
| Theme | Broad innovation and megatrends | Broad innovation and megatrends |
| In the S&P 500 | 70.1% | 31.8% |
| Active share vs the S&P 500 | 74.3% | 97.9% |
| In the Nasdaq-100 | 77.7% | 9.1% |
| Holdings | 25 | 59 |
| Top ten, share of the fund | 60.8% | 22.7% |
| Expense ratio | 0.65% | 0.68% |
| Fee for the differing part | 0.87% | 0.69% |
| Total return, 1 year | +27.3% (since launch on Jan 13, 2026) | +37.8% |
| vs the S&P 500 | +16.6 pts | +21.3 pts |
| vs the Nasdaq-100 | +11.8 pts | +16.1 pts |
| Below its high | −8.0% | −17.4% |
| Net assets | $285m | $53m |
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.
HTEC in plain words
By weight, 32% of HTEC's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 23% of the fund across 59 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +37.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 21.2 pts. It sits 17.4% below its all-time high of Feb 12, 2021.
Questions people ask
- Do FRWD and HTEC 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, FRWD or HTEC?
- FRWD has 70% of its weight in S&P 500 names and HTEC has 32%, so HTEC differs more from the index.
- Which is cheaper, FRWD or HTEC?
- FRWD charges 0.65% a year and HTEC charges 0.68%, so FRWD 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, FRWD against HTEC, data as of Sep 18, 2026. https://etfiq.com/compare/themes/frwd-vs-htec Free to use with attribution; the underlying files are at Open data.