FRWDvsALAIETF Comparison
VS
Nomura Transformational Technologies ETF (FRWD) belongs to the Disruptive Technology segment. Alger AI Enablers & Adopters ETF (ALAI) is part of the AI & Big Data segment. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. FRWD is less expensive with a Total Expense Ratio (TER) of 0.65%, versus 1.68% for ALAI. Run a side-by-side ETF comparison of FRWD and ALAI 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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FRWD vs ALAI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/22/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FRWD ALAI | +17.25%+17.15% | +9.83%+8.57% | n/a+8.87% | n/a+83.77% | n/an/a | n/an/a |
| Flows | FRWD ALAI | +$78M+$18M | +$117M+$26M | -+$29M | -+$266M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FRWD ALAI | +30.63%+27.48% | n/a+23.49% | n/an/a | n/an/a |
| Max drawdown | FRWD ALAI | -18.41%-15.50% | n/a-18.30% | n/an/a | n/an/a |
| Max drawdown duration | FRWD ALAI | 76d75d | n/a169d | n/an/a | n/an/a |
Trading data
FRWD | ALAI | |
Last sale 4/24/2026 at 1:30 PM | $28.14 | $39.71 |
| Previous close 04/23/2026 | $27.34 | $38.95 |
| Consolidated volume 04/23/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 4/24/2026 at 1:30 PM
Live
Closed
FRWD | ALAI | |
|---|---|---|
| Last price | $28.14 | $39.71 |
| 1D performance | +2.92% | +1.95% |
| AuM | $141.45 M | $348.29 M |
| E/R | 0.65% | 1.68% |
Characteristics
FRWD | ALAI | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Nomura | Fred Alger Management |
| Benchmark | - | - |
| N° of holdings | 20 | 39 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 12, 2026 | April 5, 2024 |
| ESG | No | No |
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Exposure
Countries
FRWD
USA
77.04%
Ireland
7.61%
Other
15.35%
ALAI
USA
75.38%
Other
24.62%
Sectors
FRWD
Information Techn.
48.14%
Communication Ser.
17.01%
Consumer Discreti.
7.84%
Other
27.01%
ALAI
Information Techn.
40.83%
Communication Ser.
15.73%
Consumer Discreti.
10.34%
Other
33.1%
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Diversification
FRWD
Total weight of top 15 holdings out of 15
76.61%
ALAI
Total weight of top 15 holdings out of 15
69.6%
Top 15 holdings
Data as of March 31, 2026
FRWD
NVIDIA
9.22%
SEAGATE TECHNOLOGY HOLDINGS PLC
7.61%
META PLATFORMS
6.55%
ADVANCED MICRO DEVICES
6.39%
US8740391003
6.04%
US5128073062
5.47%
BROADCOM LIMITED
4.74%
USN070592100
4.67%
MICROSOFT-T
4.48%
AMAZON.COM INC
4.02%
TEXAS INSTRUMENTS
4.00%
NETFLIX
3.92%
ALPHABET INC-CL
3.60%
KRATOS DEFENSE AND SECURITY SOLS
2.96%
SPOTIFY TECHNOLOGY SA
2.94%
ALAI
NVIDIA
14.67%
MICROSOFT-T
6.82%
AMAZON.COM INC
6.36%
US8740391003
5.88%
ALPHABET INC-CL
5.35%
YANDEX
4.87%
WESTERN DIGITAL
4.83%
BROADCOM LIMITED
4.45%
META PLATFORMS
3.90%
APPLE
3.27%
TESLA
2.89%
US81141R1005
1.84%
APPLOVIN
1.61%
US36828A1016
1.50%
NATERA
1.36%
Frequently asked questions about FRWD and ALAI
Which ETF is bigger: FRWD or ALAI?
As of April 22, 2026, FRWD holds $141.45 M in assets under management (AUM), while ALAI manages $348.29 M.
What sectors do the FRWD and ALAI ETFs invest in?
FRWD leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, ALAI focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the FRWD ETF and ALAI ETF?
FRWD top holdings include NVIDIA, SEAGATE TECHNOLOGY HOLDINGS PLC and META PLATFORMS. ALAI holds in its top three: NVIDIA, MICROSOFT-T and AMAZON.COM INC.
Which ETF is more diversified: FRWD or ALAI?
FRWD holds 23 securities with 76.61% of its assets in the top 15. ALAI has 41 securities and a top 15 weight of 69.6%.
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