Screener
FRWD vs ISMF
Nomura Transformational Technologies ETF vs iShares Managed Futures Active ETF
Key differences
FRWD is an equity ETF, while ISMF is an alternative ETF. FRWD charges 0.65% a year and ISMF 0.80%.
- FRWD is an equity fund, while ISMF is an alternative fund. They carry different risk/return profiles.
- FRWD follows a active selection strategy; ISMF uses managed futures.
- FRWD costs 0.15% less per year.
- FRWD is much larger than ISMF. Larger funds are usually more liquid and less likely to close.
Side-by-side comparison
| FRWD | ISMF | |
|---|---|---|
| Annual cost (TER) | 0.65% | 0.80% |
| Fund size (AUM) | $223M | $59M |
| Since | 2026 | 2025 |
| Dividend yield | — | 2.49% |
| Asset class | equity | alternative |
| Region | — | global |
| Strategy | active selection | managed futures |
| CAGR 1Y | N/A | +20.7% |
| CAGR 3Y | N/A | N/A |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | N/A | N/A |
| Volatility 1Y | — | 7.99% |
| Max drawdown | -18.49% | -4.23% |
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