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FRWDvsXLGETF Comparison

ETF 1

FRWD

Nomura Transformational Technologies ETF

This fund is part of

Disruptive Technology

+1.18%

Full FRWD fund page

VS

ETF 2

XLG

Invesco S&P 500® Top 50 ETF

This fund is part of

US Large Cap

+0.89%

Full XLG fund page

Nomura Transformational Technologies ETF (FRWD) belongs to the Disruptive Technology segment. Invesco S&P 500® Top 50 ETF (XLG) 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 XLG. Run a side-by-side ETF comparison of FRWD and XLG 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 XLG 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 04/22/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FRWD XLG	+17.25%+11.00%	+9.83%+2.93%	n/a+2.48%	n/a+35.43%	n/a+98.57%	n/a+102.57%
Flows	FRWD XLG	+$78M-$240M	+$117M-$1.06B	--$1.15B	--$115M	-+$4.79B	-+$5.20B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FRWD XLG	+30.63%+16.78%	n/a+14.12%	n/a+17.06%	n/a+18.91%
Max drawdown	FRWD XLG	-18.41%-10.72%	n/a-12.35%	n/a-20.82%	n/a-28.02%
Max drawdown duration	FRWD XLG	76d76d	n/a174d	n/a126d	n/a683d

Trading data

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	FRWD	XLG
Last sale 4/24/2026 at 1:30 PM	$28.14	$60.63
Previous close 04/23/2026	$27.34	$59.94
Consolidated volume 04/23/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 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	XLG
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/24/2026 at 1:30 PM

Live

Closed

	FRWD	XLG
Last price	$28.14	$60.63
1D performance	+2.92%	+1.15%
AuM	$141.45 M	$10.66 B
E/R	0.65%	0.2%

Characteristics

	FRWD	XLG
Management strategy	Active	Passive
Provider	Nomura	Invesco
Benchmark	-	S&P 500 Top 50 Index
N° of holdings	20	50
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	January 12, 2026	May 4, 2005
ESG	No	No

More FRWD data on Trackinsight

More XLG data on Trackinsight

Exposure

Countries

FRWD

USA

77.04%

Ireland

7.61%

Other

15.35%

XLG

USA

98.93%

Other

1.07%

Sectors

FRWD

Information Techn.

48.14%

Communication Ser.

17.01%

Consumer Discreti.

7.84%

Other

27.01%

XLG

Information Techn.

46.04%

Communication Ser.

15.46%

Consumer Discreti.

10.83%

Health Care

7.78%

Financials

7.46%

Other

12.44%

Diversification

FRWD

Total weight of top 15 holdings out of 15

76.61%

XLG

Total weight of top 15 holdings out of 15

70.91%

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%

XLG

NVIDIA

12.58%

APPLE

11.29%

MICROSOFT-T

8.19%

AMAZON.COM INC

6.02%

ALPHABET INC-CL

4.94%

BROADCOM LIMITED

4.41%

ALPHABET INC-CL

3.96%

META PLATFORMS

3.55%

TESLA

3.15%

BERKSHIRE HATHWAY

2.66%

JPMORGAN CHASE

2.36%

EXXON

2.21%

LILLY

2.15%

JOHNSON&JOHNSON

1.79%

WALMART INC

1.67%

Frequently asked questions about FRWD and XLG

Which ETF is bigger: FRWD or XLG?

As of April 22, 2026, FRWD holds $141.45 M in assets under management (AUM), while XLG manages $10.66 B.

What sectors do the FRWD and XLG ETFs invest in?

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

FRWDvsXLGETF Comparison

Nomura Transformational Technologies ETF

Invesco S&P 500® Top 50 ETF

FRWD vs XLG 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 XLG?

As of April 22, 2026, FRWD holds $141.45 M in assets under management (AUM), while XLG manages $10.66 B.

What sectors do the FRWD and XLG ETFs invest in?

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

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

FRWD top holdings include NVIDIA, SEAGATE TECHNOLOGY HOLDINGS PLC and META PLATFORMS. XLG holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: FRWD or XLG?

FRWD holds 23 securities with 76.61% of its assets in the top 15. XLG has 51 securities and a top 15 weight of 70.91%.

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