FFND vs FRWD
One Global ETF vs Nomura Transformational Technologies ETF
Which is better, FFND or FRWD?
FRWD costs less.
FRWD has a lower expense ratio. FFND is less concentrated, with 27.0% 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 | FFND | FRWD |
|---|---|---|
| Expense Ratio | 1.00% | 0.65%Best |
| AUM | $96M | $274M |
| Dividend Yield | 0.61% | 0.00% |
| Holdings | 92 | 54 |
| YTD Return | +4.71% | +24.83%Best |
| 1Y Return | +7.86% | - |
| 3Y Return (annualized) | +19.41% | - |
| 5Y Return (annualized) | +4.62% | - |
| Top 10 Weight | 27.0%Best | 56.0% |
| Fund Family | The Future Fund | Nomura Asset Management Co Ltd |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Aug 24, 2021 | Jan 13, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
FFND 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.
FFND vs FRWD Performance
One Global ETF (FFND) is an ETF from The Future Fund and Nomura Transformational Technologies ETF (FRWD) is an ETF from Nomura Asset Management Co Ltd. Year to date, FFND is up 4.71% versus a gain of 24.83% for FRWD.
Past performance does not guarantee future results.
Fees and Cost Over Time
FFND charges 1.00% per year while FRWD charges 0.65%. On a $10,000 position that is $100 vs $65 annually, a gap of $35 per year that compounds over a long holding period. On income, FFND currently yields 0.61% against 0.00% for FRWD.
Holdings Overlap
18.5% of FFND's money is in holdings FRWD also owns. 35.0% of FRWD's money is in holdings FFND also owns.
The two portfolios partly overlap.
8 positions in common, counted across the 88 positions we hold weights for in FFND and 26 in FRWD, against full books of 92 and 54.
What only one of them owns
Our book lists 12 positions for FRWD that do not appear in our book for FFND (41.6% of the fund), and 61 for FFND that do not appear in FRWD (62.8%).
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 FFND | Weight in FRWD | Difference |
|---|---|---|---|
| NVDANvidia Corp | 3.48% | 9.32% | 5.84% |
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 1.48% | 6.22% | 4.74% |
| AMZNAmazon.Com Inc | 4.29% | 2.89% | 1.40% |
| MSFTMicrosoft Corp | 2.85% | 3.54% | 0.69% |
| GOOGLAlphabet Inc | 2.83% | 3.18% | 0.35% |
| AVGOBroadcom Inc | 2.18% | 3.52% | 1.34% |
| TXNTexas Instruments, Inc. | 0.73% | 3.77% | 3.04% |
| KTOSKratos Defense & | 0.69% | 2.53% | 1.84% |
35.0% of FRWD is already inside FFND.
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, FFND or FRWD?
FFND has an expense ratio of 1.00% while FRWD charges 0.65%. FRWD is the cheaper option, by $35 a year on a $10,000 investment.
What is the holdings overlap between FFND and FRWD?
35.0% of FRWD's money is in holdings FFND also owns. 35.0% of FRWD's is in holdings FFND also owns. They hold 8 positions in common, counted across the 88 positions we hold weights for in FFND and 26 in FRWD.
Which pays a higher dividend, FFND or FRWD?
FFND yields 0.61% while FRWD yields 0.00%, so FFND currently pays the higher dividend yield.
Is FRWD better than FFND?
FRWD has a lower expense ratio. FFND is less concentrated, with 27.0% 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.