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FRWDvsQTOPETF Comparison

ETF 1

FRWD

Nomura Transformational Technologies ETF

This fund is part of

Disruptive Technology

+0.89%

Full FRWD fund page

VS

ETF 2

QTOP

iShares Nasdaq Top 30 Stocks ETF

This fund is part of

US Large Cap

+0.54%

Full QTOP fund page

Nomura Transformational Technologies ETF (FRWD) belongs to the Disruptive Technology segment. iShares Nasdaq Top 30 Stocks ETF (QTOP) is part of the US Large Cap segment. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. FRWD is more expensive with a Total Expense Ratio (TER) of 0.65%, versus 0.2% for QTOP. Run a side-by-side ETF comparison of FRWD and QTOP 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 QTOP 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 06/12/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FRWD QTOP	+6.21%+0.65%	+36.85%+22.08%	n/a+18.38%	n/a+39.70%	n/an/a	n/an/a
Flows	FRWD QTOP	+$69M-$11M	+$167M+$16M	--$28M	-+$101M	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FRWD QTOP	+34.38%+24.02%	n/a+18.81%	n/an/a	n/an/a
Max drawdown	FRWD QTOP	-10.91%-7.64%	n/a-12.81%	n/an/a	n/an/a
Max drawdown duration	FRWD QTOP	21d21d	n/a167d	n/an/a	n/an/a

Trading data

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	FRWD	QTOP
Last sale 6/12/2026 at 1:30 PM	$32.14	$37.80
Previous close 06/11/2026	$31.84	$37.60
Consolidated volume 06/11/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of May 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	QTOP
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 6/12/2026 at 1:30 PM

Live

Closed

	FRWD	QTOP
Last price	$32.14	$37.80
1D performance	+0.94%	+0.53%
AuM	$258.17 M	$291.80 M
E/R	0.65%	0.2%

Characteristics

	FRWD	QTOP
Management strategy	Active	Passive
Provider	Nomura	iShares
Benchmark	-	Nasdaq-100 Top 30 Index
N° of holdings	19	29
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	January 12, 2026	October 23, 2024
ESG	No	No

More FRWD data on Trackinsight

More QTOP data on Trackinsight

Exposure

Countries

FRWD

USA

72.12%

Ireland

8.26%

Other

19.62%

QTOP

USA

97.53%

Other

2.47%

Sectors

FRWD

Information Techn.

49.27%

Communication Ser.

15.28%

Consumer Discreti.

7.62%

Other

27.83%

QTOP

Information Techn.

55.56%

Communication Ser.

17.67%

Consumer Discreti.

10.35%

Consumer Staples

8.48%

Other

7.95%

Diversification

FRWD

Total weight of top 15 holdings out of 15

77.51%

QTOP

Total weight of top 15 holdings out of 15

76.17%

Top 15 holdings

Data as of April 30, 2026

FRWD

NVIDIA

9.42%

SEAGATE TECHNOLOGY HOLDINGS PLC

8.26%

ADVANCED MICRO DEVICES

8.05%

META PLATFORMS

6.03%

US8740391003

5.93%

US5128073062

5.01%

TEXAS INSTRUMENTS

4.57%

MICROSOFT-T

4.51%

USN070592100

4.15%

AMAZON.COM INC

4.08%

SAMSUNG ELECTR

3.98%

MICRON TECHNOLOGY

3.77%

ALPHABET INC-CL

3.58%

NETFLIX

3.31%

CELESTICA

2.86%

QTOP

NVIDIA

11.14%

APPLE

9.15%

MICROSOFT-T

6.95%

AMAZON.COM INC

6.53%

ALPHABET INC-CL

5.14%

ALPHABET INC-CL

4.77%

BROADCOM LIMITED

4.65%

WALMART INC

4.14%

TESLA

3.81%

META PLATFORMS

3.79%

MICRON TECHNOLOGY

3.78%

ADVANCED MICRO DEVICES

3.75%

INTEL-T

3.06%

COSTCO WHOLESALE

2.92%

NETFLIX

2.57%

Frequently asked questions about FRWD and QTOP

Which ETF is bigger: FRWD or QTOP?

As of June 12, 2026, FRWD holds $258.17 M in assets under management (AUM), while QTOP manages $291.80 M.

What sectors do the FRWD and QTOP ETFs invest in?

FRWD leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, QTOP focuses on Information Technology, Communication Services and Consumer Discretionary.

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

FRWD top holdings include NVIDIA, SEAGATE TECHNOLOGY HOLDINGS PLC and ADVANCED MICRO DEVICES. QTOP holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

FRWDvsQTOPETF Comparison

Nomura Transformational Technologies ETF

iShares Nasdaq Top 30 Stocks ETF

FRWD vs QTOP 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 QTOP?

As of June 12, 2026, FRWD holds $258.17 M in assets under management (AUM), while QTOP manages $291.80 M.

What sectors do the FRWD and QTOP ETFs invest in?

FRWD leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, QTOP focuses on Information Technology, Communication Services and Consumer Discretionary.

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

FRWD top holdings include NVIDIA, SEAGATE TECHNOLOGY HOLDINGS PLC and ADVANCED MICRO DEVICES. QTOP holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: FRWD or QTOP?

FRWD holds 21 securities with 77.51% of its assets in the top 15. QTOP has 32 securities and a top 15 weight of 76.17%.

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up