FRWD Nomura Transformational Technologies ETF
Quote as of Oct 26, 2026 14:38 UTC · Quotes are refreshed hourly from the data provider, so during market hours a price can be up to about 1–2 hours old; each quote shows its own timestamp.
| Previous Close | 29.49 | Day Range | 29.36 – 29.57 |
| 52-Week Range | 21.57 – 34.75 | Volume | 837 |
| Avg Volume | 82.36K | AUM | $250.8M (Oct 26, 2026) |
| Expense Ratio | 0.65% | Yield (TTM) | — |
| NAV | 29.49 | Premium/Discount | +0.20% indicative |
| Inception | Nov 30, 2018 | Holdings | 28 |
| Issuer | Nomura | Exchange | NASDAQ |
| Category | Technology | Index Tracked | Not stated in source data |
| CUSIP | 555927862 | ISIN | US5559278628 |
| Management | Not stated in source data | ||
About this ETF
FRWD is a concentrated fund that invests in companies driven by technological innovation and transformation. Such companies typically gain a competitive advantage from innovation, benefit materially from technological developments, or use technology as a catalyst to scale and enhance their business models. The fund generally holds 20 to 40 stocks with strong earnings growth potential. Stock selection is guided by a combination of secular trend analysis and bottom-up fundamental research. The fund manager evaluates companies based on factors including earnings and growth prospects, management quality, valuation, financial strength, industry positioning, market opportunity, and barriers to entry. The fund may invest in companies of any size across global markets, including emerging markets, either directly or through ADRs. Positions are sold when valuations, growth prospects, or underlying fundamentals deteriorate.
Description from the fund data provider · profile as of Oct 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -9.93% | -2.74% | +4.80% | — | — | — | — | — | +18.39% |
| Total return | -9.93% | -2.74% | +4.80% | — | — | — | — | — | +18.39% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 23, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.65% | Annual cost of a $10,000 investment | $65.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings list retrieved Oct 23, 2026 · The data provider's latest disclosed portfolio for this fund. Issuers publish holdings daily or monthly, so the portfolio date can be earlier; holdings are not live positions. 28 holdings stored.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | NVIDIA CORP COMMON STOCK | NVDA | 9.62% | 113.70K | $24.1M |
| 2 | SEAGATE TECHNOLOGY | STX | 6.53% | 25.52K | $16.4M |
| 3 | ADVANCED MICRO DEVICES | AMD | 6.44% | 31.84K | $16.2M |
| 4 | MICROSOFT CORP COMMON | MSFT | 5.89% | 28.36K | $14.8M |
| 5 | TAIWAN SEMICONDUCTOR | TSM | 5.65% | 34.36K | $14.2M |
| 6 | AMAZON.COM INC COMMON | AMZN | 4.94% | 49.54K | $12.4M |
| 7 | LAM RESEARCH CORP COMMON | LRCX | 4.37% | 47.67K | $11.0M |
| 8 | ASML HOLDING NV NY REG | ASML | 4.32% | 6.95K | $10.8M |
| 9 | SAMSUNG ELECTRONICS CO | 005930.KS | 3.95% | 61.15K | $9.9M |
| 10 | BROADCOM INC COMMON STOCK | AVGO | 3.85% | 29.85K | $9.7M |
| 11 | WESTERN DIGITAL CORP | WDC | 3.74% | 26.52K | $9.4M |
| 12 | MICRON TECHNOLOGY INC | MU | 3.63% | 10.64K | $9.1M |
| 13 | TEXAS INSTRUMENTS INC | TXN | 3.62% | 32.46K | $9.1M |
| 14 | MERCADOLIBRE INC COMMON | MELI | 3.43% | 4.71K | $8.6M |
| 15 | DOORDASH INC COMMON STOCK | DASH | 3.29% | 44.44K | $8.3M |
| 16 | UNITY SOFTWARE INC COMMON | U | 3.06% | 190.77K | $7.7M |
| 17 | KRATOS DEFENSE & SECURITY | KTOS | 2.77% | 181.50K | $6.9M |
| 18 | SPACE EXPLORATION | SPCX | 2.68% | 46.38K | $6.7M |
| 19 | CELESTICA INC COMMON | CLS.TO | 2.67% | 24.91K | $6.7M |
| 20 | SPOTIFY TECHNOLOGY SA | 639.DE | 2.56% | 10.99K | $6.4M |
| 21 | SERVICENOW INC COMMON | NOW | 2.54% | 40.55K | $6.4M |
| 22 | BOOKING HOLDINGS INC | BKNG | 2.49% | 38.73K | $6.2M |
| 23 | SHOPIFY INC COMMON STOCK | SHOP.TO | 2.43% | 36.11K | $6.1M |
| 24 | META PLATFORMS INC COMMON | META | 1.75% | 6.78K | $4.4M |
| 25 | INVESCO GOVERNMENT & | AGPXX | 1.72% | 4.32M | $4.3M |
| 26 | ALPHABET INC-CL A - | GOOGL | 1.15% | 8.87K | $2.9M |
| 27 | CADENCE DESIGN SYSTEMS | CDNS | 0.64% | 5.19K | $1.6M |
| 28 | US DOLLAR | — | 0.29% | 717.85K | $717.8K |
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Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | — | Paid (last 12 months) | — |
| Frequency | — | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | — | Last payment | — |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
No distributions in our database for this fund; it may not pay them, or history has not loaded yet.
Risk Statistics
Liquidity
| Volume today | 837 | Average volume | 82.36K |
| AUM | $250.8M | Premium/Discount | +0.20% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Week | $3.7M | +1.44% | $255.1M → $250.8M |
| 1 Month | $2.5M | +0.92% | $277.3M → $250.8M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for FRWD
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.