BCGD vs FRWD
Baron Global Durable Advantage ETF vs Nomura Transformational Technologies ETF
Which is better, BCGD or FRWD?
FRWD costs less.
FRWD has a lower expense ratio. BCGD is less concentrated, with 52.4% of the fund in its ten largest positions against 56.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BCGD | FRWD |
|---|---|---|
| Expense Ratio | 0.75% | 0.65%Best |
| AUM | - | $274M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 80 | 54 |
| YTD Return | +3.14% | +24.83%Best |
| Top 10 Weight | 52.4%Best | 56.0% |
| Fund Family | Baron Funds | Nomura Asset Management Co Ltd |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Dec 12, 2025 | Jan 13, 2026 |
Not shown on this pair: 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
BCGD vs FRWD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
BCGD vs FRWD Performance
Baron Global Durable Advantage ETF (BCGD) is an ETF from Baron Funds and Nomura Transformational Technologies ETF (FRWD) is an ETF from Nomura Asset Management Co Ltd. Year to date, BCGD is up 3.14% versus a gain of 24.83% for FRWD.
Past performance does not guarantee future results.
Fees and Cost Over Time
BCGD charges 0.75% per year while FRWD charges 0.65%. On a $10,000 position that is $75 vs $65 annually, a gap of $10 per year that compounds over a long holding period. On income, BCGD currently yields 0.00% against 0.00% for FRWD.
Holdings Overlap
29.9% of BCGD's money is in holdings FRWD also owns. 29.7% of FRWD's money is in holdings BCGD also owns.
BCGD and FRWD share little of their money.
6 positions in common, counted across the 39 positions we hold weights for in BCGD and 26 in FRWD, against full books of 80 and 54.
What only one of them owns
Our book lists 15 positions for FRWD that do not appear in our book for BCGD (51.7% of the fund), and 20 for BCGD that do not appear in FRWD (46.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BCGD | Weight in FRWD | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.50% | 9.32% | 1.82% |
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 8.68% | 6.22% | 2.46% |
| ASL:ASAsml Holding Nv Unsponsored Adr Ordinary Shares | 4.87% | 4.76% | 0.11% |
| AMZNAmazon.Com Inc | 6.51% | 2.89% | 3.62% |
| AVGOBroadcom Inc | 1.01% | 3.52% | 2.51% |
| MELIMercadolibre Inc | 1.34% | 2.99% | 1.65% |
29.9% of BCGD is already inside FRWD.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BCGD or FRWD?
BCGD has an expense ratio of 0.75% while FRWD charges 0.65%. FRWD is the cheaper option, by $10 a year on a $10,000 investment.
What is the holdings overlap between BCGD and FRWD?
29.9% of BCGD's money is in holdings FRWD also owns. 29.7% of FRWD's is in holdings BCGD also owns. They hold 6 positions in common, counted across the 39 positions we hold weights for in BCGD and 26 in FRWD.
Which pays a higher dividend, BCGD or FRWD?
BCGD yields 0.00% while FRWD yields 0.00%, so FRWD currently pays the higher dividend yield.
Is FRWD better than BCGD?
FRWD has a lower expense ratio. BCGD is less concentrated, with 52.4% of the fund in its ten largest positions against 56.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.