FWD
AB Disruptors ETF
FWD is an actively managed portfolio of high growth stocks of companies considered to lead or benefit from societal innovations. Holdings may be of any capitalization, sector, industry, and geography.
Global
EQUITY
Active
MANAGEMENT STYLE
$ 2.5 B
ASSETS UNDER MGMT
65 bp
EXPENSES
Fund Basics
| Inception date | Mar 22, 2023 |
| Regulation | |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| BROADCOM INC. | 3.5 % |
| NVIDIA CORP | 3.4 % |
| TAIWAN SEMICONDUCTOR MANUFAC | 2.5 % |
| ADVANCED MICRO DEVICES | 2.1 % |
| CATERPILLAR INC | 1.7 % |
| INTEL CORP | 1.5 % |
| ALPHABET INC. CLASS A | 1.4 % |
| ASML HOLDING NV-NY REG SHS | 1.4 % |
| SAMSUNG ELECTRONICS CO LTD | 1.3 % |
| LAM RESEARCH CORP | 1.3 % |
Constituent Breakdown
| Number of holdings | 131 |
| Herfindahl-Hirschman Index | 107 |
| Wgt avg mkt cap (mns) | $518,966 |
| Large cap (>$10bn) | 88.7% |
| Mid cap ($2-10bn) | 5.1% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 88.0% |
| Emerging mkts. | 6.8% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 64.3 % |
 |
JAPAN | 6.5 % |
 |
TAIWAN | 3.3 % |
 |
SOUTH KOREA | 2.9 % |
 |
BRITAIN | 2.2 % |
 |
CANADA | 1.8 % |
 |
IRELAND | 1.7 % |
 |
CHINA | 1.7 % |
 |
SWEDEN | 1.6 % |
 |
NETHERLANDS | 1.4 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 22.7% | 75.4% | 36.1% | 37.0% | -- | -- | -- | 35.6% |
| Dividend Yield | 0.0% | 0.2% | 1.3% | 0.9% | -- | -- | -- | 0.8% |
| Total Returns | 22.7% | 75.6% | 37.4% | 37.8% | -- | -- | -- | 36.5% | Ann. Volatility | 28.8% | 23.7% | 27.0% | 24.9% | -- | -- | -- | 24.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.64 | 74% |
| MSCI EAFE | 1.14 | 49% |
| MSCI Emg Mkts | 1.02 | 64% |
Liquidity Measures
| Avg. volume (000) | 207 |
| ADV traded (mns) | $28 |
| Turnover | 1.1% |
| Avg. Bid/Ask (% of price) | 0.14% |
Technical Indicators
| 30d moving avg. (EMA) | $120.34 |
| Relative strength (RSI) | 63 |
| MACD/Signal | 3.63/3.35 |
| Bollinger Bands (Upper/Lower) | $131.56/$112.96 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FWD |
Expenses vs. FWD |
ALTAR Score™ vs. FWD |
|---|---|---|---|---|
| WTAI | WisdomTree Artificial Intelligence and Innovation Fund | 34.6% | -20 bp | +0.1% |
| XT | iShares Exponential Technologies ETF | 30.6% | -19 bp | +2.1% |
| NYSX | Global X NYSE 100 ETF | 29.5% | -56 bp | -2.3% |
| JMOM | JPMorgan U.S. Momentum Factor ETF | 28.9% | -53 bp | +1.8% |
| IXN | iShares Global Tech ETF | 28.5% | -24 bp | +1.0% |
| QGRW | WisdomTree U.S. Quality Growth Fund | 28.3% | -37 bp | +1.5% |
| JTEK | JPMorgan U.S. Tech Leaders ETF | 28.3% | 0 bp | -1.3% |
| IQM | Franklin Intelligent Machines ETF | 27.9% | -15 bp | -0.7% |
| GQQQ | Astoria US Quality Growth Kings ETF | 27.8% | -30 bp | +1.7% |
| TRFM | AAM Transformers ETF | 27.8% | -16 bp | -0.7% |
Risk and Returns: FWD vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 5/10/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
2.3%
ALTAR SCORE™
22nd
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 585 funds in the Global Equity category with an average
ALTAR Score™ of 4.3% and a standard deviation
of 2.6%. FWD's ALTAR Score™ is approximately -0.8 standard
deviations above the category average. This places FWD in the 22nd percentile
among funds in the category.
Sell-Side Consensus
$148.17
PRICE TARGET
+10.2%
UPSIDE