EYEG vs. FWD

Last updated Jun 4, 2026

EYEG (AB Corporate Bond ETF) and FWD (AB Disruptors ETF) are both exchange-traded funds - EYEG is a Corporate Bonds fund actively managed by AllianceBernstein, while FWD is a Global Equities fund actively managed by AllianceBernstein. Both are actively managed. Over the past year, EYEG returned 5.83% vs 75.95% for FWD. At a 0.22 correlation, their price movements are largely independent. EYEG charges 0.30%/yr vs 0.65%/yr for FWD.

Performance

EYEG vs. FWD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB Corporate Bond ETF (EYEG) and AB Disruptors ETF (FWD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EYEG achieves a 0.37% return, which is significantly lower than FWD's 40.11% return.

EYEG

• 1D: -0.22%
• 1M: 0.60%
• YTD: 0.37%
• 6M: 0.15%
• 1Y: 5.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FWD

• 1D: -0.27%
• 1M: 14.15%
• YTD: 40.11%
• 6M: 39.78%
• 1Y: 75.95%
• 3Y*: 39.48%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EYEG vs. FWD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EYEG AB Corporate Bond ETF	0.37%	7.42%	3.17%	1.41%
FWD AB Disruptors ETF	40.11%	32.00%	29.23%	3.19%

Correlation

The correlation between EYEG and FWD is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (All Time) Calculated using the full available price history since Dec 14, 2023	0.22

Return for Risk

EYEG vs. FWD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EYEG

EYEG Risk / Return Rank: 38
EYEG Sharpe Ratio Rank: 37
EYEG Sortino Ratio Rank: 39
EYEG Omega Ratio Rank: 35
EYEG Calmar Ratio Rank: 42
EYEG Martin Ratio Rank: 39

FWD

FWD Risk / Return Rank: 87
FWD Sharpe Ratio Rank: 90
FWD Sortino Ratio Rank: 83
FWD Omega Ratio Rank: 83
FWD Calmar Ratio Rank: 91
FWD Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EYEG vs. FWD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Corporate Bond ETF (EYEG) and AB Disruptors ETF (FWD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	EYEG	FWD	Difference
Sharpe ratio: Return per unit of total volatility	1.34	3.16	-1.82
Sortino ratio: Return per unit of downside risk	1.98	3.78	-1.80
Omega ratio: Gain probability vs. loss probability	1.23	1.50	-0.27
Calmar ratio: Return relative to maximum drawdown	2.06	5.86	-3.80
Martin ratio: Return relative to average drawdown	6.03	20.83	-14.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EYEG vs. FWD - Sharpe Ratio Comparison

The current EYEG Sharpe Ratio is 1.34, which is lower than the FWD Sharpe Ratio of 3.16. The chart below compares the historical Sharpe Ratios of EYEG and FWD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EYEG	FWD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.34	3.16	-1.82
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	1.67	-0.75

Drawdowns

EYEG vs. FWD - Drawdown Comparison

The maximum EYEG drawdown since its inception was -4.66%, smaller than the maximum FWD drawdown of -29.02%. Use the drawdown chart below to compare losses from any high point for EYEG and FWD.

Drawdown Indicators

	EYEG	FWD	Difference
Max Drawdown Largest peak-to-trough decline	-4.66%	-29.02%	+24.36%
Max Drawdown (1Y) Largest decline over 1 year	-2.84%	-13.03%	+10.19%
Max Drawdown (3Y) Largest decline over 3 years	—	-29.02%	—
Current Drawdown Current decline from peak	-0.94%	-0.27%	-0.67%
Average Drawdown Average peak-to-trough decline	-1.25%	-4.06%	+2.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.97%	3.66%	-2.69%

Volatility

EYEG vs. FWD - Volatility Comparison

The current volatility for AB Corporate Bond ETF (EYEG) is 1.41%, while AB Disruptors ETF (FWD) has a volatility of 7.77%. This indicates that EYEG experiences smaller price fluctuations and is considered to be less risky than FWD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EYEG	FWD	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.41%	7.77%	-6.36%
Volatility (6M) Calculated over the trailing 6-month period	3.17%	18.96%	-15.79%
Volatility (1Y) Calculated over the trailing 1-year period	4.36%	24.15%	-19.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.47%	24.72%	-19.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.47%	24.72%	-19.25%

EYEG vs. FWD - Expense Ratio Comparison

EYEG has a 0.30% expense ratio, which is lower than FWD's 0.65% expense ratio.

Dividends

EYEG vs. FWD - Dividend Comparison

EYEG's dividend yield for the trailing twelve months is around 4.94%, more than FWD's 0.08% yield.

Position	TTM	2025	2024	2023
EYEG AB Corporate Bond ETF	4.94%	4.94%	6.07%	0.25%
FWD AB Disruptors ETF	0.08%	0.11%	1.89%	0.00%

Frequently Asked Questions

Can I hold both EYEG and FWD in my portfolio?

EYEG and FWD have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EYEG or FWD?

FWD has higher volatility (7.77%) compared to EYEG (1.41%). In terms of maximum drawdown, EYEG dropped -4.66% vs FWD's -29.02%.

Which ETF is better, EYEG or FWD?

On 1-year performance, FWD leads with 75.95% vs 5.83% for EYEG. On fees, EYEG is cheaper at 0.30% per year. On volatility, EYEG has been the lower-risk option at 1.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EYEG or FWD?

Over the 1-year period, FWD has performed better with a 75.95% return vs 5.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EYEG or FWD?

EYEG is cheaper with a 0.30% expense ratio, compared with 0.65% for FWD.

Which ETF pays a higher dividend yield, EYEG or FWD?

EYEG has the higher dividend yield at 4.94%, compared with 0.08% for FWD.

What is the main difference between EYEG and FWD?

EYEG is categorized as Corporate Bonds, while FWD is Global Equities. Their fees differ too: 0.30% for EYEG and 0.65% for FWD.

Which has better risk-adjusted returns?

FWD currently has the higher Sharpe Ratio (3.16 vs 1.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.