Nomura Transformational Technologies ETF (FRWD) belongs to the Technology Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FRWD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FRWD
FRWD charges 0.65% annually. There are 105 ETFs in the Technology Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | 0.08% | 21.38B | Oct 2013 | FRWD vs FTEC | |
| State Street Technology Select Sector SPDR ETF | 0.08% | 130.33B | Dec 1998 | FRWD vs XLK | |
| Vanguard Information Technology ETF | 0.09% | 170.10B | Mar 2004 | FRWD vs VGT | |
| Vaneck Technology Trusector ETF | 0.13% | 160.81M | Aug 2025 | FRWD vs TRUT | |
| Xtrackers Semiconductor Select Equity ETF | 0.15% | 115.48M | Jul 2023 | FRWD vs CHPS |
Best Risk-Adjusted Alternatives to FRWD
Among 143 ETFs in the Technology Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers Semiconductor Select Equity ETF | 96 | 115.48M | Jul 2023 | FRWD vs CHPS | |
| First Trust Nasdaq Semiconductor ETF | 96 | 2.89B | Sep 2016 | FRWD vs FTXL | |
| VistaShares Artificial Intelligence Supercycle ETF | 96 | 574.75M | Dec 2024 | FRWD vs AIS | |
| Invesco Semiconductors ETF | 96 | 2.92B | Jun 2005 | FRWD vs PSI | |
| iShares Semiconductor ETF | 95 | 46.67B | Jul 2001 | FRWD vs SOXX |
Top Performing FRWD Alternatives (YTD)
Among 168 ETFs in the Technology Equities category with YTD return data, the top-performing alternatives shown here go as high as 184.91%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| STMicroelectronics NV ADRhedged | 184.91% | 7.89M | Mar 2025 | FRWD vs STHH | |
| Invesco Semiconductors ETF | 114.01% | 2.92B | Jun 2005 | FRWD vs PSI | |
| Direxion Daily Semiconductors Top 5 Bull 2X Shares | 113.86% | 17.13M | Sep 2025 | FRWD vs TSXU | |
| VistaShares Artificial Intelligence Supercycle ETF | 112.52% | 574.75M | Dec 2024 | FRWD vs AIS | |
| First Trust Nasdaq Semiconductor ETF | 109.64% | 2.89B | Sep 2016 | FRWD vs FTXL |
Lowest Volatility Alternatives to FRWD
FRWD has 33.97% 1-year volatility. There are 124 ETFs in the Technology Equities category with lower 1-year volatility, going as low as 13.57%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers US National Critical Technologies ETF | 13.57% | 128.06M | Nov 2023 | FRWD vs CRTC | |
| Clockwise Core Equity & Innovation ETF | 13.99% | 19.49M | Jan 2022 | FRWD vs TIME | |
| Global X AgTech & Food Innovation ETF | 16.17% | 9.03M | Jul 2021 | FRWD vs KROP | |
| Goldman Sachs ETF Trust Goldman Sachs Innovate Equ... | 16.55% | 205.59M | Nov 2020 | FRWD vs GINN | |
| iShares Future Exponential Technologies ETF | 17.30% | 3.95B | Mar 2015 | FRWD vs XT |
Lowest Drawdown Alternatives to FRWD
Among 143 ETFs in the Technology Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -9.02%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares U.S. Digital Infrastructure and Real Estat... | -9.02% | 452.26M | Jul 2001 | FRWD vs IDGT | |
| Xtrackers US National Critical Technologies ETF | -9.05% | 128.06M | Nov 2023 | FRWD vs CRTC | |
| Gabelli Global Technology Leaders ETF | -9.20% | 7.50M | Jan 2022 | FRWD vs GGTL | |
| ProShares S&P Technology Dividend Aristocrats ETF | -9.55% | 285.24M | Nov 2019 | FRWD vs TDV | |
| iShares Future Exponential Technologies ETF | -10.45% | 3.95B | Mar 2015 | FRWD vs XT |
Other ETFs from Nomura
The 4 most viewed Nomura ETFs shown here include EMEQ, LRGG, LTAX and span 4 categories. AUM among these funds goes as high as $658M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nomura Focused Emerging Markets Equity ETF | Emerging Markets Diversified | 94 | 78.18% | 658.42M | Sep 2024 | FRWD vs EMEQ | |
| Nomura Focused Large Growth ETF | Large Cap Growth Equities | 7 | -8.51% | 397.29M | May 2024 | FRWD vs LRGG | |
| Nomura Tax-Free USA ETF | Municipal Bonds | — | — | 5.00M | Jan 2026 | FRWD vs LTAX | |
| Nomura National High-Yield Municipal Bond ETF | High Yield Muni | 67 | 4.52% | 30.14M | Mar 2025 | FRWD vs HTAX |
Often Compared With FRWD
Investors most often compare FRWD with SMH, ARMH, UFOX. These 8 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | Semiconductors, Technology Equities | 94 | 71.86% | 84.54B | Dec 2011 | FRWD vs SMH | |
| Arm Holdings PLC ADRhedged ETF | Technology Equities | — | — | 8.61M | Mar 2025 | FRWD vs ARMH | |
| Defiance Connective Technologies ETF | Technology Equities | 86 | 39.44% | 1.03B | Mar 2019 | FRWD vs UFOX | |
| Invesco Next Gen Connectivity ETF | Technology Equities | 93 | 53.32% | 176.09M | Jun 2005 | FRWD vs KNCT | |
| Vanguard Communication Services ETF | Communications Equities | 20 | -6.22% | 6.30B | Sep 2004 | FRWD vs VOX | |
| Invesco Next Gen Connectivity ETF | Technology Equities | 93 | 53.32% | 41.29M | Jun 2005 | FRWD vs PXQ | |
| First Trust IndXX NextG ETF | Technology Equities | 91 | 43.16% | 581.77M | Feb 2011 | FRWD vs NXTG | |
| Direxion Daily Technology Bull 3X Shares | Leveraged Equities, Technology Equities | 64 | 75.80% | 6.36B | Dec 2008 | FRWD vs TECL |
Compare FRWD with Any Fund or Stock
Compare FRWD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FRWD with funds that move differently
Nomura Transformational Technologies ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FRWD.
Explore FRWD Diversifiers