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FRWD vs ANEW

Nomura Transformational Technologies ETF vs ProShares MSCI Transformational Changes ETF

FRWD

Nomura Transformational Technologies ETF

Annual cost

0.65%

Fund size

$223M

ANEW

ProShares MSCI Transformational Changes ETF

Annual cost

0.45%

Fund size

$8M

Key differences

Both FRWD and ANEW are equity ETFs. FRWD charges 0.65% a year and ANEW 0.45%. The main difference: FRWD follows a active selection strategy; ANEW uses index tracking.

  • FRWD follows a active selection strategy; ANEW uses index tracking.
  • ANEW costs 0.20% less per year.
  • FRWD is much larger than ANEW. Larger funds are usually more liquid and less likely to close.
  • ANEW has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FRWDANEW
Annual cost (TER)0.65%0.45%
Fund size (AUM)$223M$8M
Since20262020
Dividend yield0.61%
Asset classequityequity
Region
Strategyactive selectionindex tracking
CAGR 1YN/A+2.8%
CAGR 3YN/A+13.8%
CAGR 5YN/A+3.5%
Sharpe 3YN/A0.68
Volatility 1Y13.47%
Max drawdown-18.49%-39.87%

Similar to FRWD and ANEW