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FDCFvsFRWDETF Comparison

ETF 1
FDCF

Fidelity Disruptive Communications ETF

This fund is part of
Multiple Trends
-3.54%
VS
ETF 2
FRWD

Nomura Transformational Technologies ETF

This fund is part of
Disruptive Technology
-2.82%

Fidelity Disruptive Communications ETF (FDCF) belongs to the Multiple Trends segment. Nomura Transformational Technologies ETF (FRWD) is part of the Disruptive Technology segment. Both ETFs have the same top 3 sector exposures: Technology, Consumer Services and Consumer Non-Cyclicals. FDCF is less expensive with a Total Expense Ratio (TER) of 0.5%, versus 0.65% for FRWD. Run a side-by-side ETF comparison of FDCF and FRWD below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FDCF vs FRWD performance and flow charts

Performance

-20246810%Sep 16Sep 23Sep 30Oct 7Oct 14

Cumulative Flows

-8 M-6 M-4 M-2 M0 M2 M4 MSep 16Sep 23Sep 30Oct 7Oct 14

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 10/16/2026
1M3MYTD1Y3Y5Y
Perf.
FDCF
FRWD
-0.66%-2.50%
-0.18%-1.80%
+4.48%n/a
+4.93%n/a
+97.76%n/a
n/an/a
Flows
FDCF
FRWD
--$7M
-+$2M
-$9M-
-$5M-
+$23M-
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
FDCF
FRWD
+16.95%+26.07%
+19.32%n/a
+19.93%n/a
n/an/a
Max drawdown
FDCF
FRWD
-4.89%-11.50%
-17.04%n/a
-22.26%n/a
n/an/a
Max drawdown duration
FDCF
FRWD
21d11d
196dn/a
106dn/a
n/an/a
Trading data

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FDCF
FRWD
Last sale
10/19/2026 at 1:30 PM
$30.44
Previous close
10/16/2026
$30.00
Consolidated volume
10/16/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
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Main metrics
Last update 10/19/2026 at 1:30 PM
Live
Closed
FDCF
FRWD
Last price
–
$30.44
1D performance
–
+1.45%
AuM$100.83 M$255.08 M
E/R0.5%0.65%
Characteristics
FDCF
FRWD
Management strategyActiveActive
ProviderFidelityNomura
Benchmark--
N° of holdings3726
Asset class--
Trailing 12m distribution yield
Join
Join
Inception dateJune 12, 2023January 12, 2026
ESGNoNo
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Exposure

Countries

FDCF
USA
74.58%
Taiwan
10.19%
Other
15.24%
FRWD
USA
68.49%
Other
31.51%

Sectors

FDCF
Technology
66.02%
Consumer Services
13.68%
Consumer Non-Cycl.
11.34%
Telecommunication.
8%
Other
0.96%
FRWD
Technology
75.28%
Other
24.72%
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Diversification

FDCF

Total weight of top 15 holdings out of 15

67.22%
FRWD

Total weight of top 15 holdings out of 15

70.04%

Top 15 holdings

Data as of August 31, 2026
FDCF
Taiwan Semiconductor Manufacturing Co., Ltd.
10.19%
Alphabet, Inc.
8.02%
Arista Networks, Inc.
6.79%
NVIDIA Corp.
5.74%
Meta Platforms, Inc.
5.62%
Amazon.com, Inc.
5.30%
Sea Ltd. (Singapore)
3.59%
Twilio, Inc.
3.25%
Spotify Technology SA
2.87%
Quebecor, Inc.
2.81%
Roblox Corp.
2.65%
Apple, Inc.
2.64%
Space Exploration Technologies Corp.
2.63%
T-Mobile US, Inc.
2.56%
Warner Bros. Discovery, Inc.
2.56%
FRWD
NVIDIA Corp.
9.38%
Advanced Micro Devices, Inc.
6.14%
Seagate Technology Holdings Plc
6.13%
Taiwan Semiconductor Manufacturing Co., Ltd.
5.88%
Lam Research Corp.
5.17%
ASML Holding NV
4.54%
Samsung Electronics Co., Ltd.
4.08%
DoorDash, Inc.
3.88%
Microsoft Corp.
3.84%
Broadcom Inc.
3.84%
Western Digital Corp.
3.72%
Texas Instruments Incorporated
3.50%
MercadoLibre, Inc.
3.48%
Alphabet, Inc.
3.27%
Micron Technology, Inc.
3.21%
Frequently asked questions about FDCF and FRWD

Which ETF is bigger: FDCF or FRWD?

As of October 16, 2026, FDCF holds $100.83 M in assets under management (AUM), while FRWD manages $255.08 M.

What sectors do the FDCF and FRWD ETFs invest in?

FDCF leans toward sectors like Technology, Consumer Services and Consumer Non-Cyclicals. Meanwhile, FRWD focuses on Technology.

What are the top holdings of the FDCF ETF and FRWD ETF?

FDCF top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Alphabet, Inc. and Arista Networks, Inc.. FRWD holds in its top three: NVIDIA Corp., Advanced Micro Devices, Inc. and Seagate Technology Holdings Plc.

Which ETF is more diversified: FDCF or FRWD?

FDCF holds 37 securities with 67.22% of its assets in the top 15. FRWD has 26 securities and a top 15 weight of 70.04%.

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