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FRWD vs MATE

Nomura Transformational Technologies ETF vs Man Active Trend Enhanced ETF

FRWD

Nomura Transformational Technologies ETF

Annual cost

0.65%

Fund size

$223M

MATE

Man Active Trend Enhanced ETF

Annual cost

0.97%

Fund size

$39M

Key differences

FRWD is an equity ETF, while MATE is an alternative ETF. FRWD charges 0.65% a year and MATE 0.97%.

  • FRWD is an equity fund, while MATE is an alternative fund. They carry different risk/return profiles.
  • FRWD follows a active selection strategy; MATE uses tactical allocation.
  • FRWD costs 0.32% less per year.
  • FRWD is much larger than MATE. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

FRWDMATE
Annual cost (TER)0.65%0.97%
Fund size (AUM)$223M$39M
Since20262025
Dividend yield
Asset classequityalternative
Regionemerging markets
Strategyactive selectiontactical allocation
CAGR 1YN/AN/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y
Max drawdown-18.49%-13.24%

Similar to FRWD and MATE