Data as of Nov 4, 2026.
FRWD vs LFSC: Holdings Overlap & Returns
FRWD and LFSC 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 $126m on Aug 31, 2026 for F/m Emerald Life Sciences Innovation ETF.
70% of FRWD's weight is in S&P 500 companies and 30% is outside the index. Holdings as of Jun 30, 2026.
0% of LFSC's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Aug 31, 2026.
Pair scorecard
LFSC costs 0.11 points a year less.
Points (pts) are percentage points.
| Measure | FRWD | LFSC |
|---|---|---|
| Return | ||
| Total return, 1 year | not published | +43.6% |
| Drawdown | ||
| Below its all-time high | 16.9%, high on Jun 18, 2026 | 5.7%, high on Aug 19, 2026 |
| Against its benchmark | ||
| What it tracks | Broad innovation and megatrends | Broad innovation and megatrends |
| Its benchmark, total return, 1 year | +14.8% | |
| Against its benchmark, 1 year | ahead by 28.8 pts | |
| Cost and size | ||
| Expense ratio | 0.65% | 0.54% |
| Net assets, FRWD as of Jun 30, 2026 and LFSC as of Aug 31, 2026 | $285m | $126m |
| Holdings | ||
| Holdings in common | 0% | |
What they share
By the books each fund has filed, FRWD and LFSC hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.
half
0% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | FRWD | LFSC | FRWD | LFSC |
| 3 months | −10.7% | −3.8% | not measured | −3.5 pts vs IWV |
| 6 months | −5.2% | +16.9% | not measured | +12.0 pts vs IWV |
| 1 year | – | +43.6% | – | +28.8 pts vs IWV |
| Since launchNot the same days: FRWD Jan 2026 · LFSC Oct 2024 | +15.0% | +83.4% | not measured | +46.4 pts vs IWV |
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Side by side
As of Nov 4, 2026. Source: ETFIQ.
0% of the two portfolios are the same securities at the same weight.
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.
Over the year to Nov 4, 2026 the fund returned +43.6% with distributions reinvested against +14.8% for its benchmark, the Russell 3000 Total Return, so a holder was ahead by 28.8 pts.
By weight, 0% of LFSC's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 54% of the fund across 38 positions, as filed for Aug 31, 2026. It sits 5.7% below its all-time high of Aug 19, 2026.
Questions people ask
- Do FRWD and LFSC 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.
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 LFSC, data as of Nov 4, 2026. https://etfiq.com/compare/themes/frwd-vs-lfsc
ETFIQ. (Nov 4, 2026). FRWD against LFSC. Retrieved from https://etfiq.com/compare/themes/frwd-vs-lfsc
[FRWD against LFSC (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/themes/frwd-vs-lfsc)
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