FRWD vs SCHD
Nomura Transformational Technologies ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | FRWD | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.06% | |
| AUM | $288M | $108.7B | |
| Dividend Yield | 0.00% | 3.13% | |
| Holdings | 27 | 104 | |
| YTD Return | +30.29% | +26.50% | |
| 1Y Return | - | +31.25% | |
| 3Y Return (annualized) | - | +16.34% | |
| 5Y Return (annualized) | - | +10.10% | |
| Volatility (annualized) | - | 13.6% | |
| Max Drawdown | -18.5% | -33.4% | |
| Fund Family | Nomura Asset Management Co Ltd | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jan 13, 2026 | Oct 20, 2011 |
FRWD vs SCHD Performance
Nomura Transformational Technologies ETF (FRWD) is a ETF from Nomura Asset Management Co Ltd and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Year to date, FRWD is up 30.29% versus a gain of 26.50% for SCHD.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -18.5% for FRWD and -33.4% for SCHD. 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 SCHD charges 0.06%. On a $10,000 position that is $65 vs $6 annually, a gap of $59 per year that compounds over a long holding period. On income, FRWD currently yields 0.00% against 3.13% for SCHD.
Holdings Overlap
FRWD and SCHD share 1 holdings out of 125 unique holdings combined, representing a 3.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FRWD | Weight in SCHD | Difference |
|---|---|---|---|
| TXN | 3.99% | 3.53% | 0.46% |
Frequently Asked Questions
Which is cheaper, FRWD or SCHD?
FRWD has an expense ratio of 0.65% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $59 per year of difference.
What is the holdings overlap between FRWD and SCHD?
FRWD and SCHD share 1 common holdings with a 3.5% weight overlap. Combined, they hold 125 unique securities.
Which pays a higher dividend, FRWD or SCHD?
FRWD yields 0.00% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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