FRWD Nomura Transformational Technologies ETF
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Between Jun 30, 2026 and Oct 12, 2026, FRWD lost 3.9%, against −3.6% for its own holdings.
Promise check: Not measuredIts theme exposure is measured once ETFIQ defines its theme company by company.
FRWD risk and return scorecard
vs its own holdings
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data
Money in and out
Net fund flows · Jun 30, 2026What you earned
What can be shown yet
First traded Jan 13, 2026More on FRWD
Every number below is on this page. Open what you need.Price since launch, Jan 13, 2026
$30.81+1.4%1 day, priceClose, Oct 28, 2026
Price only. Computed by ETFIQ from Tiingo daily prices.
Source: Tiingo end-of-day prices. Data as of Oct 28, 2026. Updated every trading night. Report a data error
Points (pts) are percentage points.
| Window | Total return | S&P 500 (SPY) |
|---|---|---|
| 1M Sep 28 – Oct 28, 2026 | −5.2% | +0.9% |
| 3M Jul 29 – Oct 28, 2026 | +6.3% | +6.1% |
| 6M Apr 29 – Oct 28, 2026 | +11.2% | +9.1% |
| Since launch Jan 13 – Oct 28, 2026 | +23.7% | +12.2% |
Total returns, distributions reinvested. Listed Jan 2026: no year to date, 1 year and 3 years windows.
Source: Tiingo end-of-day prices, with distributions reinvested.
How much of its weight does it not share with the S&P 500?
That is the share of the 112 thematic ETFs with at least half their money in S&P 500 companies sitting at or below FRWD.
Weight not shared with the S&P 500 only; it says nothing about returns, fees or whether the theme pays off. Where the fund sits in this set, not a rating. Do not average it with another category's score.
How different its holdings are from the S&P 500, ranked against 112 thematic ETFs with at least half their money in S&P 500 companies. 100 is best. How it is computed
FRWD shares 16 of its 25 holdings with the S&P 500. Counting each at the smaller of its two weights, the two overlap by 25.6%.
Money in and out
Monthly data · as of Jun 30, 2026FRWD: in the month to Jun 30, 2026, net $51.9m came in, by its SEC filing.
monthly, from SEC filings
Computed by ETFIQ from the monthly sales and redemptions FRWD files with the SEC on Form N-PORT.
How this is computed
ETFIQ reads no daily data for this fund, so its flows are monthly, and the latest month filed is Jun 2026. Every day and month ETFIQ holds for FRWD, back to Jan 2026, is in its flows file. Flows across every fund · How these flows are computed · Compare FRWD with other funds in the flows tool
Month by month, money in and money outJan 2026 to Jun 2026
FRWD, money in and money out each month from Jan 2026 to Jun 2026: two bars a month, money in above the line and money out below. Every bar is from FRWD’s SEC filings (N-PORT item B.6). Of the 6 months listed, money came in on net in 5 and went out in 1.
Every bar is from FRWD’s SEC filings (N-PORT item B.6). Of the 6 months listed, money came in on net in 5 and went out in 1.
Most recent first.
How this is computed
N-PORT months: money in is sales plus reinvestments; money out is redemptions.
N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.
Source: ETFIQ, from the fund’s SEC N-PORT filings. Data as of Jun 30, 2026. Updated when the fund files its next report.
FRWD key stats
Trading
as of Jun 12, 2026
FRWD top ten by weight, 60.6% of the fund, of its 25 equity positions, from the holdings filed for Jun 30, 2026. Source: the fund’s SEC filing.
Source: Holdings filing (SEC Form N-PORT).
About FRWD
How we measure
12 seats on FRWD, as of Oct 28, 2026: 2 Mixed, 7 Challenges, 3 Not enough data.
Questions people ask about FRWD
- How much of FRWD is in S&P 500 companies?
- 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 7.7%.
- Has FRWD beaten the S&P 500?
- Since it first traded on Jan 13, 2026, FRWD returned +23.7% with distributions reinvested, against +12.2% for the S&P 500, so it finished ahead of the index by 11.5 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%.
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Cite this pageCitation, APA and Markdown
ETFIQ, FRWD, thematic ETFs, data as of Oct 28, 2026. https://etfiq.com/funds/frwd
ETFIQ. (Oct 28, 2026). FRWD, thematic ETFs. Retrieved from https://etfiq.com/funds/frwd
[FRWD, thematic ETFs (ETFIQ, Oct 28, 2026)](https://etfiq.com/funds/frwd)
The difference bar for FRWD, redrawn every trading night.
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.
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<figure style="margin:0;max-width:640px">
<a href="https://etfiq.com/funds/frwd"><img src="https://etfiq.com/assistant/api/embed/themes/frwd.svg" alt="FRWD: 70% of FRWD's weight is in S&P 500 companies and 30% is outside the index. Holdings as of Jun 30, 2026." width="640" style="max-width:100%;height:auto"></a>
<figcaption style="font:13px/1.5 sans-serif">FRWD: 70% of FRWD's weight is in S&P 500 companies and 30% is outside the index. Holdings as of Jun 30, 2026. Data: <a href="https://etfiq.com/funds/frwd">ETFIQ</a></figcaption>
</figure>The day's ETF flows, a comparison and one number. Every trading morning. About the Daily
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