FRWD vs WUGI
Nomura Transformational Technologies ETF vs AXS Esoterica NextG Economy ETF
Which is better, FRWD or WUGI?
FRWD costs less.
FRWD has a lower expense ratio. FRWD is less concentrated, with 56.0% of the fund in its ten largest positions against 58.8%.
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 | WUGI |
|---|---|---|
| Expense Ratio | 0.65%Best | 0.84% |
| AUM | $274M | $33M |
| Dividend Yield | 0.00% | 0.22% |
| Holdings | 54 | 35 |
| YTD Return | +24.83%Best | +15.77% |
| 1Y Return | - | -5.57% |
| 3Y Return (annualized) | - | +24.18% |
| 5Y Return (annualized) | - | +7.64% |
| Top 10 Weight | 56.0%Best | 58.8% |
| Fund Family | Nomura Asset Management Co Ltd | AXS Investments |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jan 13, 2026 | Mar 31, 2020 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
FRWD vs WUGI 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 WUGI Performance
Nomura Transformational Technologies ETF (FRWD) is an ETF from Nomura Asset Management Co Ltd and AXS Esoterica NextG Economy ETF (WUGI) is an ETF from AXS Investments. Year to date, FRWD is up 24.83% versus a gain of 15.77% for WUGI.
Past performance does not guarantee future results.
Fees and Cost Over Time
FRWD charges 0.65% per year while WUGI charges 0.84%. On a $10,000 position that is $65 vs $84 annually, a gap of $19 per year that compounds over a long holding period. On income, FRWD currently yields 0.00% against 0.22% for WUGI.
Holdings Overlap
42.5% of FRWD's money is in holdings WUGI also owns. 45.8% of WUGI's money is in holdings FRWD also owns.
The two portfolios partly overlap.
9 positions in common, counted across the 26 positions we hold weights for in FRWD and 31 in WUGI, against full books of 54 and 35.
What only one of them owns
Our book lists 20 positions for WUGI that do not appear in our book for FRWD (51.7% of the fund), and 12 for FRWD that do not appear in WUGI (38.9%).
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 WUGI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 9.32% | 5.78% | 3.54% |
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 6.22% | 8.34% | 2.12% |
| AMDAdvanced Micro Devices Inc | 7.60% | 6.12% | 1.48% |
| ASL:ASAsml Holding Nv Unsponsored Adr Ordinary Shares | 4.76% | 6.38% | 1.62% |
| MUMicron Technology, Inc. | 3.42% | 6.91% | 3.49% |
| AMZNAmazon.Com Inc | 2.89% | 4.89% | 2.00% |
| AVGOBroadcom Inc | 3.52% | 3.73% | 0.21% |
| CDNSCadence Design Systems Inc. | 2.04% | 2.63% | 0.59% |
| SPCXSpace Exploration Technologies | 2.69% | 1.06% | 1.63% |
45.8% of WUGI 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, FRWD or WUGI?
FRWD has an expense ratio of 0.65% while WUGI charges 0.84%. FRWD is the cheaper option, by $19 a year on a $10,000 investment.
What is the holdings overlap between FRWD and WUGI?
45.8% of WUGI's money is in holdings FRWD also owns. 45.8% of WUGI's is in holdings FRWD also owns. They hold 9 positions in common, counted across the 26 positions we hold weights for in FRWD and 31 in WUGI.
Which pays a higher dividend, FRWD or WUGI?
FRWD yields 0.00% while WUGI yields 0.22%, so WUGI currently pays the higher dividend yield.
Is WUGI better than FRWD?
FRWD has a lower expense ratio. FRWD is less concentrated, with 56.0% of the fund in its ten largest positions against 58.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.