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FRWDvsIVESETF Comparison

ETF 1

FRWD

Nomura Transformational Technologies ETF

This fund is part of

Disruptive Technology

+0.87%

Full FRWD fund page

VS

ETF 2

IVES

Dan IVES Wedbush AI Revolution ETF

This fund is part of

AI & Big Data

+0.81%

Full IVES fund page

Nomura Transformational Technologies ETF (FRWD) belongs to the Disruptive Technology segment. Dan IVES Wedbush AI Revolution ETF (IVES) is part of the AI & Big Data segment. FRWD's top 3 sector exposures are Technology, Consumer Non-Cyclicals and Consumer Services. In contrast, IVES's top sector exposures are Technology, Consumer Non-Cyclicals and Consumer Cyclicals. FRWD is less expensive with a Total Expense Ratio (TER) of 0.65%, versus 0.75% for IVES. Run a side-by-side ETF comparison of FRWD and IVES 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 IVES 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 09/11/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FRWD IVES	-1.49%+1.30%	-0.19%+6.76%	n/a+24.83%	n/a+29.71%	n/an/a	n/an/a
Flows	FRWD IVES	+$2M-$16M	+$51M-$100M	--$138M	-+$227M	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FRWD IVES	+32.98%+28.15%	n/a+28.66%	n/an/a	n/an/a
Max drawdown	FRWD IVES	-15.78%-11.36%	n/a-22.54%	n/an/a	n/an/a
Max drawdown duration	FRWD IVES	82d49d	n/a188d	n/an/a	n/an/a

Trading data

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	FRWD	IVES
Last sale 9/11/2026 at 1:30 PM	$31.72	$39.44
Previous close 09/10/2026	$31.52	$39.22
Consolidated volume 09/10/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

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FRWD

is actively managed and doesn’t replicate an index

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

Main metrics

Last update 9/11/2026 at 1:30 PM

Live

Closed

	FRWD	IVES
Last price	$31.72	$39.44
1D performance	+0.63%	+0.56%
AuM	$275.88 M	$1.05 B
E/R	0.65%	0.75%

Characteristics

	FRWD	IVES
Management strategy	Active	Passive
Provider	Nomura	Wedbush Funds
Benchmark	-	Solactive Wedbush Artificial Intelligence Index
N° of holdings	26	31
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	January 12, 2026	June 4, 2025
ESG	No	No

More FRWD data on Trackinsight

More IVES data on Trackinsight

Exposure

Countries

FRWD

USA

68.14%

Other

31.86%

IVES

USA

88.08%

Other

11.92%

Sectors

FRWD

Technology

77.58%

Other

22.42%

IVES

Technology

81.12%

Other

18.88%

Diversification

FRWD

Total weight of top 15 holdings out of 15

72.24%

IVES

Total weight of top 15 holdings out of 15

64.96%

Top 15 holdings

Data as of July 31, 2026

FRWD

NVIDIA Corp.

8.81%

Seagate Technology Holdings Plc

6.53%

Advanced Micro Devices, Inc.

6.38%

Taiwan Semiconductor Manufacturing Co., Ltd.

5.91%

Lam Research Corp.

5.17%

Western Digital Corp.

4.63%

ASML Holding NV

4.49%

Broadcom Inc.

4.19%

Netflix, Inc.

4.10%

Samsung Electronics Co., Ltd.

4.08%

Texas Instruments Incorporated

3.81%

Microsoft Corp.

3.67%

Alphabet, Inc.

3.54%

MercadoLibre, Inc.

3.48%

Amazon.com, Inc.

3.44%

IVES

Microsoft Corp.

5.92%

Amazon.com, Inc.

5.35%

Apple, Inc.

4.90%

Broadcom Inc.

4.83%

Alphabet, Inc.

4.81%

NVIDIA Corp.

4.75%

Taiwan Semiconductor Manufacturing Co., Ltd.

4.67%

Advanced Micro Devices, Inc.

4.10%

Meta Platforms, Inc.

4.04%

Micron Technology, Inc.

3.98%

Tesla, Inc.

3.72%

Oracle Corp.

3.51%

International Business Machines Corp.

3.49%

Palo Alto Networks, Inc.

3.47%

GE Vernova, Inc.

3.43%

Frequently asked questions about FRWD and IVES

Which ETF is bigger: FRWD or IVES?

As of September 11, 2026, FRWD holds $275.88 M in assets under management (AUM), while IVES manages $1.05 B.

What sectors do the FRWD and IVES ETFs invest in?

FRWD leans toward sectors like Technology. Meanwhile, IVES focuses on Technology.

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

FRWD top holdings include NVIDIA Corp., Seagate Technology Holdings Plc and Advanced Micro Devices, Inc.. IVES holds in its top three: Microsoft Corp., Amazon.com, Inc. and Apple, Inc..

FRWDvsIVESETF Comparison

Nomura Transformational Technologies ETF

Dan IVES Wedbush AI Revolution ETF

FRWD vs IVES 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 IVES?

As of September 11, 2026, FRWD holds $275.88 M in assets under management (AUM), while IVES manages $1.05 B.

What sectors do the FRWD and IVES ETFs invest in?

FRWD leans toward sectors like Technology. Meanwhile, IVES focuses on Technology.

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

FRWD top holdings include NVIDIA Corp., Seagate Technology Holdings Plc and Advanced Micro Devices, Inc.. IVES holds in its top three: Microsoft Corp., Amazon.com, Inc. and Apple, Inc..

Which ETF is more diversified: FRWD or IVES?

FRWD holds 26 securities with 72.24% of its assets in the top 15. IVES has 31 securities and a top 15 weight of 64.96%.

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