Data as of . Holdings from the fund’s latest public SEC N-PORT filing; overlap and active share computed by ETFIQ against the IVV and QQQM books; returns from Tiingo end-of-day prices with distributions reinvested.
FRWD · Nomura Transformational Technologies ETF
Nomura · Themes desk
Open the live card on ETFIQBy 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. Over the year to Sep 4, 2026 the fund returned +28.8% with distributions reinvested against +11.6% for the S&P 500, so a holder was ahead by 17.2 pts. It sits 6.9% below its all-time high of Jun 18, 2026.
| Theme (ETFIQ, editorial) | Broad innovation and megatrends |
|---|---|
| Launched | Jan 13, 2026 |
| Already in the S&P 500, by weight (ETFIQ) | 70.1% |
| Active share vs the S&P 500 (ETFIQ) | 74.3% |
| Already in the Nasdaq-100, by weight (ETFIQ) | 77.7% |
| Active share vs the Nasdaq-100 (ETFIQ) | 62.0% |
| Top ten holdings weight | 60.8% |
| Holdings | 25 |
| Net assets (latest filing) | $285M |
| Holdings as of (SEC N-PORT) | Jun 30, 2026 |
| Top holdings | NVIDIA Corp. 8.1%, Advanced Micro Devices, Inc. 7.8%, Seagate Technology Holdings plc 7.8%, Lam Research Corp. 6.7%, Taiwan Semiconductor Manufacturing Co. Ltd. 6.3%, Micron Technology, Inc. 5.2%, ASML Holding NV 5.1%, Western Digital Corp. 5.0%, Broadcom, Inc. 4.7%, Samsung Electronics Co. Ltd. 4.2% |
| 3 months: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +3.8% / +4.7% / −0.9 pts / +1.7 pts |
| 6 months: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +37.0% / +15.2% / +21.8 pts / +16.8 pts |
| since launch: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +28.8% / +11.6% / +17.2 pts / +13.8 pts |
| Below its all-time high (ETFIQ) | −6.9% |
| Expense ratio (prospectus XBRL) | 0.65% |
| Fee for the part that differs from the S&P 500, active expense ratio (ETFIQ) | 0.87% |
| Closest funds by holdings overlap | SMH 46%, AOTG 44%, JHAI 42%, ALAI 41%, SOXX 40% |
Questions people ask
- How much of FRWD is already in the S&P 500?
- By its holdings filed for Jun 30, 2026, 70% of FRWD by weight is stocks the S&P 500 already holds. Its active share against the index is 74%, so that share is the part doing something different.
- What does FRWD hold?
- 25 positions as filed for Jun 30, 2026, with the top ten at 61% of the fund. The largest are NVIDIA Corp. at 8.1%, Advanced Micro Devices, Inc. at 7.8%, Seagate Technology Holdings plc at 7.8%.
- Has FRWD beaten the S&P 500?
- Over the year to Sep 4, 2026 FRWD returned +28.8% with distributions reinvested, against +11.6% for the S&P 500, so it finished ahead of the index by 17.2 points.
- What does FRWD cost?
- The prospectus expense ratio is 0.65% a year. Because 74% of the fund differs from the S&P 500, the fee on that differing part works out at 0.87%.
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.
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<p><a href="https://etfiq.com/funds/FRWD.html">FRWD difference bar, updated daily by ETFIQ</a></p>Cite this page. ETFIQ, FRWD on the themes desk, data as of Sep 4, 2026. https://etfiq.com/funds/FRWD.html Free to use with attribution; the underlying files are at Open data.
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