FRWD vs VTI
Nomura Transformational Technologies ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, FRWD or VTI?
Large Cap Growth against Large Cap Blend.
VTI has a lower expense ratio. VTI is less concentrated, with 33.5% 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 | VTI |
|---|---|---|
| Expense Ratio | 0.65% | 0.03%Best |
| AUM | $274M | $689.2B |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 54 | 3,524 |
| YTD Return | +24.83%Best | +13.02% |
| 1Y Return | - | +16.63% |
| 3Y Return (annualized) | - | +21.97% |
| 5Y Return (annualized) | - | +11.99% |
| Top 10 Weight | 56.0% | 33.5%Best |
| Fund Family | Nomura Asset Management Co Ltd | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Jan 13, 2026 | May 24, 2001 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
FRWD vs VTI 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 VTI Performance
Nomura Transformational Technologies ETF (FRWD) is an ETF from Nomura Asset Management Co Ltd and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Year to date, FRWD is up 24.83% versus a gain of 13.02% for VTI.
Past performance does not guarantee future results.
Fees and Cost Over Time
FRWD charges 0.65% per year while VTI charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, FRWD currently yields 0.00% against 1.06% for VTI.
Holdings Overlap
64.8% of FRWD's money is in holdings VTI also owns. 24.8% of VTI's money is in holdings FRWD also owns.
The two portfolios partly overlap.
17 positions in common, counted across the 26 positions we hold weights for in FRWD and 3,441 in VTI, against full books of 54 and 3,524.
What only one of them owns
Our book lists 1,139 positions for VTI that do not appear in our book for FRWD (72.8% of the fund), and 2 for FRWD that do not appear in VTI (5.6%).
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 VTI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 9.32% | 6.88% | 2.44% |
| MSFTMicrosoft Corp | 3.54% | 5.11% | 1.57% |
| AMDAdvanced Micro Devices Inc | 7.60% | 1.04% | 6.56% |
| AMZNAmazon.Com Inc | 2.89% | 3.41% | 0.52% |
| LRCXLrcx Uw Equity | 5.76% | 0.51% | 5.25% |
| AVGOBroadcom Inc | 3.52% | 2.38% | 1.14% |
| GOOGLAlphabet Inc | 3.18% | 2.70% | 0.48% |
| MUMicron Technology, Inc. | 3.42% | 1.46% | 1.96% |
| WDCWestern Digital Corp. | 3.93% | 0.21% | 3.72% |
| TXNTexas Instruments, Inc. | 3.77% | 0.32% | 3.45% |
64.8% of FRWD is already inside VTI.
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 VTI?
FRWD has an expense ratio of 0.65% while VTI charges 0.03%. VTI is the cheaper option, by $62 a year on a $10,000 investment.
What is the holdings overlap between FRWD and VTI?
64.8% of FRWD's money is in holdings VTI also owns. 24.8% of VTI's is in holdings FRWD also owns. They hold 17 positions in common, counted across the 26 positions we hold weights for in FRWD and 3,441 in VTI.
Which pays a higher dividend, FRWD or VTI?
FRWD yields 0.00% while VTI yields 1.06%, so VTI currently pays the higher dividend yield.
Is VTI better than FRWD?
VTI has a lower expense ratio. VTI is less concentrated, with 33.5% 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.