FWRD vs. FWD
FWRD (Forward Air Corporation) is a stock, while FWD (AB Disruptors ETF) is Global Equities fund actively managed by AllianceBernstein. Over the past 3 years, FWRD returned -48.84%/yr vs 31.81%/yr for FWD. Their 0.25 correlation means their historical movements had little consistent relationship.
Performance
FWRD vs. FWD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FWRD achieves a -41.32% return, which is significantly lower than FWD's 22.59% return.
FWRD
- 1D
- 4.41%
- 1M
- 9.07%
- 6M
- -49.38%
- YTD
- -41.32%
- 1Y
- -49.74%
- 3Y*
- -48.84%
- 5Y*
- -29.51%
- 10Y*
- -10.23%
- ALL TIME*
- 6.77%
FWD
- 1D
- 2.11%
- 1M
- -6.94%
- 6M
- 13.21%
- YTD
- 22.59%
- 1Y
- 42.14%
- 3Y*
- 31.81%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 32.54%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $42.21M | $42.99M | $37.02M | |
| $13.61M | $10.37M | $16.44M |
FWRD vs. FWD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FWRD Forward Air Corporation | -41.32% | -22.48% | -48.70% | -39.16% |
FWD AB Disruptors ETF | 22.59% | 32.00% | 29.23% | 23.48% |
Correlation
The correlation between FWRD and FWD is 0.28, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.28 |
Correlation (3Y) Balances recent behavior with more history. | 0.25 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2023 | 0.25 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FWRD vs. FWD — Risk / Return Rank
FWRD
FWD
FWRD vs. FWD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Forward Air Corporation (FWRD) 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.
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.
| FWRD | FWD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.04 | ||
| Sortino ratioReturn per unit of downside risk | -2.39 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.25 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | 2.07 | -2.74 |
| Martin ratioReturn relative to average drawdown | -1.30 | 7.83 | -9.13 |
Loading charts...
Drawdowns
FWRD vs. FWD - Drawdown Comparison
The maximum FWRD drawdown since its inception was -93.19%, which is greater than FWD's maximum drawdown of -29.02%. Use the drawdown chart below to compare losses from any high point for FWRD and FWD.
Loading charts...
Drawdown Indicators
| FWRD | FWD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.19% | -29.02% | -64.17% |
Max Drawdown (1Y)Largest decline over 1 year | -73.84% | -20.49% | -53.35% |
Max Drawdown (3Y)Largest decline over 3 years | -92.46% | -29.02% | -63.44% |
Max Drawdown (5Y)Largest decline over 5 years | -93.19% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -93.19% | — | — |
Current DrawdownCurrent decline from peak | -87.97% | -14.00% | -73.97% |
Average DrawdownAverage peak-to-trough decline | -27.12% | -4.27% | -22.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.40% | 5.39% | +33.01% |
Volatility
FWRD vs. FWD - Volatility Comparison
Forward Air Corporation (FWRD) has a higher volatility of 26.72% compared to AB Disruptors ETF (FWD) at 11.16%. This indicates that FWRD's price experiences larger fluctuations and is considered to be riskier than FWD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FWRD | FWD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.72% | 11.16% | +15.56% |
Volatility (6M)Calculated over the trailing 6-month period | 83.18% | 24.83% | +58.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 83.32% | 29.51% | +53.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.15% | 26.01% | +38.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.20% | 26.01% | +24.19% |
Dividends
FWRD vs. FWD - Dividend Comparison
FWRD has not paid dividends to shareholders, while FWD's dividend yield for the trailing twelve months is around 0.09%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FWD AB Disruptors ETF | 0.09% | 0.11% | 1.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FWRD Forward Air Corporation | 0.00% | 0.00% | 0.00% | 1.53% | 0.92% | 0.87% | 0.98% | 1.03% | 1.15% | 1.04% | 1.08% | 1.12% |
Frequently Asked Questions
FWRD and FWD have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FWRD has higher volatility (26.72%) compared to FWD (11.16%). In terms of maximum drawdown, FWRD dropped -93.19% vs FWD's -29.02%.
FWD currently has the higher Sharpe Ratio (1.44 vs -0.60), 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.
Find the right allocation for FWRD and FWD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer