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Data as of Nov 4, 2026.

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Thematic ETFs

FRWD vs HTEC: Holdings Overlap & Returns

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FRWD and HTEC hold 0% of their weight in the same names.

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Net assets: $285m on Jun 30, 2026 for Nomura Transformational Technologies ETF, and $69m on Jul 31, 2026 for ROBO Global Healthcare Technology and Innovation ETF.

FRWD on its own →HTEC on its own →
At a glance
69.9%
FRWD in the S&P 500
32.7%
HTEC in the S&P 500
+15.0%
FRWD total return, since launch, Jan 13, 2026
+43.7%
HTEC total return, 1 year
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.

HTEC · 1 year to Nov 4, 2026 67% of its weight is outside the S&P 500
67% of its weight is outside the S&P 50033% of HTEC's weight is in S&P 500 companies and 67% is outside the index. Holdings as of Jul 31, 2026.33%67%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 98% · top ten 22% of the fund · 62 holdings as filed for Jul 31, 2026 · Nasdaq-100: 8% in67% of its weight is outside the S&P 50033% of HTEC's weight is in S&P 500 companies and 67% is outside the index. Holdings as of Jul 31, 2026.33%67%inoutside the S&P 500active share 98% · Nasdaq-100: 8% in

33% of HTEC's weight is in S&P 500 companies and 67% is outside the index. Holdings as of Jul 31, 2026.

Pair scorecard

FRWD costs 0.03 points a year less.

FRWD vs HTEC: Holdings Overlap & Returns
MeasureFRWDHTEC
Return
Total return, 1 yearnot published+43.7%
Drawdown
Below its all-time high16.9%, high on Jun 18, 20268.3%, high on Feb 12, 2021
Benchmark
What it tracksBroad innovation and megatrendsBroad innovation and megatrends
Cost and size
Expense ratio0.65%0.68%
Net assets, FRWD as of Jun 30, 2026 and HTEC as of Jul 31, 2026$285m$69m
Holdings
Holdings in common0%

Method

What they share

0%

By the books each fund has filed, FRWD and HTEC hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first FRWD HTEC
Only in one fund ↓
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%
Only in HTEC
CAREDX, INC. 2.68%
GUARDANT HEALTH, INC. 2.31%
NATERA, INC. 2.23%
Twist Bioscience Corp 2.23%
THERMO FISHER SCIENTIFIC INCORPORATED 2.18%
MEDPACE HOLDINGS, INC. 2.12%
ADAPTIVE BIOTECHNOLOGIES CORPORATION 2.11%
IQVIA HOLDINGS INC 2.10%
Check overlap with more funds →

Window by window

Window by window: FRWD vs HTEC: Holdings Overlap & Returns
Total return
WindowFRWDHTEC
3 months−10.7%+18.2%
6 months−5.2%+37.2%
1 year–+43.7%
3 years–+99.7%
Since launchNot the same days: FRWD Jan 2026 · HTEC Jun 2019+15.0%+96.3%

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Side by side

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 Healthcare Technology and Innovation ETF · Holds 62 stocks in broad innovation and megatrends, 33% 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 69.9% 32.7%
Active share vs the S&P 500 74.4% 97.9%
In the Nasdaq-100 79.9% 8.1%
Holdings 25 62
Top ten, share of the fund 60.6% 22.1%
Expense ratio 0.65% 0.68%
Fee for the differing part 0.87% 0.69%
Total return, 1 year +15.0% (since launch, Jan 13, 2026) +43.7%
vs its benchmark not measured not measured
Below its high −16.9% −8.3%
Net assets, FRWD as of Jun 30, 2026 and HTEC as of Jul 31, 2026 $285m $69m

As of Nov 4, 2026. Source: ETFIQ.

0% of the two portfolios are the same securities at the same weight.

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About each fund
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.

HTEC

By weight, 33% 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 22% of the fund across 62 positions, as filed for Jul 31, 2026. Over the year to Nov 4, 2026 the fund returned +43.7% with distributions reinvested. It sits 8.3% 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. 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 33%, 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
FRWD vs GXDWFRWD vs LENSFRWD vs TEKYFRWD vs THMZHTEC vs ARKKHTEC vs BULDHTEC vs ABOTHTEC vs ILDR
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →FRWD on its own →HTEC on its own →FRWD holdings →HTEC dividend history →HTEC holdings →Method →Standards and sources →
Sources and dates
FRWD filings on SEC EDGAR ↗
FRWD prospectus with the expense ratio (SEC) ↗
Nomura website ↗
HTEC filings on SEC EDGAR ↗
HTEC prospectus with the expense ratio (SEC) ↗
ROBO Global website ↗

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

How this is computed

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

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