FRWD vs IVV
Nomura Transformational Technologies ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | FRWD | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.03% | |
| AUM | $288M | $907.0B | |
| Dividend Yield | 0.00% | 1.10% | |
| Holdings | 27 | 508 | |
| YTD Return | +29.21% | +12.71% | |
| 1Y Return | - | +21.89% | |
| 3Y Return (annualized) | - | +22.08% | |
| 5Y Return (annualized) | - | +12.96% | |
| Volatility (annualized) | - | 15.1% | |
| Max Drawdown | -18.5% | -56.5% | |
| Fund Family | Nomura Asset Management Co Ltd | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Jan 13, 2026 | May 15, 2000 |
FRWD vs IVV Performance
Nomura Transformational Technologies ETF (FRWD) is a ETF from Nomura Asset Management Co Ltd and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Year to date, FRWD is up 29.21% versus a gain of 12.71% for IVV.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -18.5% for FRWD and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
FRWD charges 0.65% per year while IVV charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, FRWD currently yields 0.00% against 1.10% for IVV.
Holdings Overlap
FRWD and IVV share 14 holdings out of 517 unique holdings combined, representing a 24.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FRWD or IVV?
FRWD has an expense ratio of 0.65% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
What is the holdings overlap between FRWD and IVV?
FRWD and IVV share 14 common holdings with a 24.9% weight overlap. Combined, they hold 517 unique securities.
Which pays a higher dividend, FRWD or IVV?
FRWD yields 0.00% while IVV yields 1.10%, so IVV currently pays the higher dividend yield.
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