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FRWDvsGXPCETF Comparison

ETF 1

FRWD

Nomura Transformational Technologies ETF

This fund is part of

Disruptive Technology

-2.05%

Full FRWD fund page

VS

ETF 2

GXPC

Global X PureCap MSCI Communication Services ETF

This fund is part of

US Communication Services Sector

+1.61%

Full GXPC fund page

Nomura Transformational Technologies ETF (FRWD) belongs to the Disruptive Technology segment. Global X PureCap MSCI Communication Services ETF (GXPC) is part of the US Communication Services Sector segment. FRWD's top 3 sector exposures are Technology, Consumer Services and Consumer Non-Cyclicals. In contrast, GXPC's top sector exposures are Technology, Telecommunications and Consumer Services. FRWD is more expensive with a Total Expense Ratio (TER) of 0.65%, versus 0.25% for GXPC. Run a side-by-side ETF comparison of FRWD and GXPC 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 GXPC performance and flow charts

Performance

Cumulative Flows

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

Data Services

Historic performance and flows

Data as of 07/28/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FRWD GXPC	-9.92%-1.96%	+8.44%-6.92%	n/a-1.71%	n/a+16.80%	n/an/a	n/an/a
Flows	FRWD GXPC	+$1M+$112M	+$106M+$130M	-+$137M	-+$195M	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FRWD GXPC	+38.63%+26.81%	n/a+21.51%	n/an/a	n/an/a
Max drawdown	FRWD GXPC	-13.72%-15.17%	n/a-16.47%	n/an/a	n/an/a
Max drawdown duration	FRWD GXPC	37d76d	n/a73d	n/an/a	n/an/a

Trading data

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	FRWD	GXPC
Last sale 7/29/2026 at 5:00 PM	$29.25	$29.36
Previous close 07/28/2026	$29.74	$29.05
Consolidated volume 07/28/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of July 29, 2026

1-year trailing difference

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FRWD

is actively managed and doesn’t replicate an index

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	FRWD	GXPC
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 7/29/2026 at 5:00 PM

Live

Closed

	FRWD	GXPC
Last price	$29.25	$29.36
1D performance	-1.65%	+1.07%
AuM	$253.19 M	$186.79 M
E/R	0.65%	0.25%

Characteristics

	FRWD	GXPC
Management strategy	Active	Passive
Provider	Nomura	Global X
Benchmark	-	MSCI USA Communication Services Index
N° of holdings	26	21
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	January 12, 2026	July 23, 2025
ESG	No	No

More FRWD data on Trackinsight

More GXPC data on Trackinsight

Exposure

Countries

FRWD

USA

72.7%

Other

27.3%

GXPC

USA

98.57%

Other

1.43%

Sectors

FRWD

Technology

82.28%

Other

17.72%

GXPC

Technology

84.59%

Telecommunication.

8.75%

Other

6.66%

Diversification

FRWD

Total weight of top 15 holdings out of 15

76.96%

GXPC

Total weight of top 15 holdings out of 15

96.8%

Top 15 holdings

Data as of June 30, 2026

FRWD

NVIDIA Corp.

8.09%

Advanced Micro Devices, Inc.

7.80%

Seagate Technology Holdings Plc

7.74%

Lam Research Corp.

6.65%

Taiwan Semiconductor Manufacturing Co., Ltd.

6.30%

Micron Technology, Inc.

5.14%

ASML Holding NV

5.07%

Western Digital Corp.

5.04%

Broadcom Inc.

4.65%

Samsung Electronics Co., Ltd.

4.14%

Texas Instruments Incorporated

3.77%

DoorDash, Inc.

3.29%

Netflix, Inc.

3.27%

Alphabet, Inc.

3.20%

Amazon.com, Inc.

2.81%

GXPC

Alphabet, Inc.

32.43%

Alphabet, Inc.

25.57%

Meta Platforms, Inc.

19.46%

Netflix, Inc.

4.89%

Verizon Communications, Inc.

2.90%

The Walt Disney Co.

2.73%

AT&T, Inc.

2.40%

Comcast Corp.

1.37%

T-Mobile US, Inc.

1.36%

Warner Bros. Discovery, Inc.

1.00%

Electronic Arts, Inc.

0.74%

Take-Two Interactive Software, Inc.

0.67%

Roblox Corp.

0.50%

Live Nation Entertainment, Inc.

0.46%

AST Spacemobile, Inc.

0.33%

Frequently asked questions about FRWD and GXPC

Which ETF is bigger: FRWD or GXPC?

As of July 28, 2026, FRWD holds $253.19 M in assets under management (AUM), while GXPC manages $186.79 M.

What sectors do the FRWD and GXPC ETFs invest in?

FRWD leans toward sectors like Technology. Meanwhile, GXPC focuses on Technology and Telecommunications.

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

FRWD top holdings include NVIDIA Corp., Advanced Micro Devices, Inc. and Seagate Technology Holdings Plc. GXPC holds in its top three: Alphabet, Inc., Alphabet, Inc. and Meta Platforms, Inc..

FRWDvsGXPCETF Comparison

Nomura Transformational Technologies ETF

Global X PureCap MSCI Communication Services ETF

FRWD vs GXPC performance and flow charts

Performance

Cumulative Flows

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

Countries

Sectors

Diversification

Top 15 holdings

Which ETF is bigger: FRWD or GXPC?

As of July 28, 2026, FRWD holds $253.19 M in assets under management (AUM), while GXPC manages $186.79 M.

What sectors do the FRWD and GXPC ETFs invest in?

FRWD leans toward sectors like Technology. Meanwhile, GXPC focuses on Technology and Telecommunications.

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

FRWD top holdings include NVIDIA Corp., Advanced Micro Devices, Inc. and Seagate Technology Holdings Plc. GXPC holds in its top three: Alphabet, Inc., Alphabet, Inc. and Meta Platforms, Inc..

Which ETF is more diversified: FRWD or GXPC?

FRWD holds 26 securities with 76.96% of its assets in the top 15. GXPC has 23 securities and a top 15 weight of 96.8%.

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