FRWD vs. GXPT
FRWD (Nomura Transformational Technologies ETF) and GXPT (Global X PureCap MSCI Information Technology ETF) are both Technology Equities funds. FRWD is actively managed, while GXPT is passively managed. Their correlation of 0.89 suggests significant overlap in exposure. FRWD charges 0.65%/yr vs 0.15%/yr for GXPT.
Performance
FRWD vs. GXPT - Performance Comparison
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Returns By Period
FRWD
- 1D
- -0.33%
- 1M
- 4.81%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GXPT
- 1D
- -0.72%
- 1M
- -1.67%
- YTD
- 16.02%
- 6M
- 14.50%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FRWD vs. GXPT - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
FRWD Nomura Transformational Technologies ETF | 29.52% |
GXPT Global X PureCap MSCI Information Technology ETF | 15.63% |
Correlation
The correlation between FRWD and GXPT is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 13, 2026 | 0.89 |
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Return for Risk
FRWD vs. GXPT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nomura Transformational Technologies ETF (FRWD) and Global X PureCap MSCI Information Technology ETF (GXPT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
FRWD vs. GXPT - Drawdown Comparison
The maximum FRWD drawdown since its inception was -18.49%, roughly equal to the maximum GXPT drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for FRWD and GXPT.
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Drawdown Indicators
| FRWD | GXPT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.49% | -18.74% | +0.25% |
Current DrawdownCurrent decline from peak | -5.98% | -9.37% | +3.39% |
Average DrawdownAverage peak-to-trough decline | -5.13% | -5.06% | -0.07% |
Volatility
FRWD vs. GXPT - Volatility Comparison
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Volatility by Period
| FRWD | GXPT | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 33.97% | 22.88% | +11.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.97% | 22.88% | +11.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.97% | 22.88% | +11.09% |
FRWD vs. GXPT - Expense Ratio Comparison
FRWD has a 0.65% expense ratio, which is higher than GXPT's 0.15% expense ratio.
Dividends
FRWD vs. GXPT - Dividend Comparison
FRWD has not paid dividends to shareholders, while GXPT's dividend yield for the trailing twelve months is around 0.12%.
| Position | TTM | 2025 |
|---|---|---|
FRWD Nomura Transformational Technologies ETF | 0.00% | 0.00% |
GXPT Global X PureCap MSCI Information Technology ETF | 0.12% | 0.14% |
Frequently Asked Questions
FRWD and GXPT have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GXPT is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GXPT is cheaper with a 0.15% expense ratio, compared with 0.65% for FRWD.
GXPT has the higher dividend yield at 0.12%, compared with 0.00% for FRWD.
They also come from different issuers: Nomura and Global X. Their fees differ too: 0.65% for FRWD and 0.15% for GXPT.
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