FRWD vs SROI
Nomura Transformational Technologies ETF vs Calamos Antetokounmpo Global Sustainable Equities ETF
Which is better, FRWD or SROI?
FRWD costs less.
FRWD has a lower expense ratio. SROI is less concentrated, with 32.0% 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 | FRWD | SROI |
|---|---|---|
| Expense Ratio | 0.65%Best | 0.95% |
| AUM | $274M | $17M |
| Dividend Yield | 0.00% | 0.54% |
| Holdings | 54 | 130 |
| YTD Return | +24.83%Best | +10.48% |
| 1Y Return | - | +13.66% |
| 3Y Return (annualized) | - | +16.01% |
| Top 10 Weight | 56.0% | 32.0%Best |
| Fund Family | Nomura Asset Management Co Ltd | Calamos Investments |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jan 13, 2026 | Feb 3, 2023 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
FRWD vs SROI 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.
FRWD vs SROI Performance
Nomura Transformational Technologies ETF (FRWD) is an ETF from Nomura Asset Management Co Ltd and Calamos Antetokounmpo Global Sustainable Equities ETF (SROI) is an ETF from Calamos Investments. Year to date, FRWD is up 24.83% versus a gain of 10.48% for SROI.
Past performance does not guarantee future results.
Fees and Cost Over Time
FRWD charges 0.65% per year while SROI charges 0.95%. On a $10,000 position that is $65 vs $95 annually, a gap of $30 per year that compounds over a long holding period. On income, FRWD currently yields 0.00% against 0.54% for SROI.
Holdings Overlap
44.7% of FRWD's money is in holdings SROI also owns. 25.5% of SROI's money is in holdings FRWD also owns.
The two portfolios partly overlap.
11 positions in common, counted across the 26 positions we hold weights for in FRWD and 123 in SROI, against full books of 54 and 130.
What only one of them owns
Our book lists 54 positions for SROI that do not appear in our book for FRWD (39.9% of the fund), and 10 for FRWD that do not appear in SROI (36.6%).
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 FRWD | Weight in SROI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 9.32% | 4.43% | 4.89% |
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 6.22% | 3.91% | 2.31% |
| GOOGLAlphabet Inc | 3.18% | 5.54% | 2.36% |
| MSFTMicrosoft Corp | 3.54% | 4.04% | 0.50% |
| ASL:ASAsml Holding Nv Unsponsored Adr Ordinary Shares | 4.76% | 1.18% | 3.58% |
| AMZNAmazon.Com Inc | 2.89% | 2.61% | 0.28% |
| AVGOBroadcom Inc | 3.52% | 1.58% | 1.94% |
| TXNTexas Instruments, Inc. | 3.77% | 0.49% | 3.28% |
| MELIMercadolibre Inc | 2.99% | 0.40% | 2.59% |
| CDNSCadence Design Systems Inc. | 2.04% | 1.03% | 1.01% |
44.7% of FRWD is already inside SROI.
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, FRWD or SROI?
FRWD has an expense ratio of 0.65% while SROI charges 0.95%. FRWD is the cheaper option, by $30 a year on a $10,000 investment.
What is the holdings overlap between FRWD and SROI?
44.7% of FRWD's money is in holdings SROI also owns. 25.5% of SROI's is in holdings FRWD also owns. They hold 11 positions in common, counted across the 26 positions we hold weights for in FRWD and 123 in SROI.
Which pays a higher dividend, FRWD or SROI?
FRWD yields 0.00% while SROI yields 0.54%, so SROI currently pays the higher dividend yield.
Is SROI better than FRWD?
FRWD has a lower expense ratio. SROI is less concentrated, with 32.0% 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.