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FRWD vs KOMP

Nomura Transformational Technologies ETF

FRWDBNasdaq

State Street SPDR S&P Kensho New Economies Composite ETF

KOMPANYSE Arca

Overlap

Expense ratio

KOMP −0.45pt a year

FRWD0.65%KOMP0.20%

Avg volume · 30D

FRWD 1.2×the volume

FRWD82.4KKOMP70K

FRWD vs KOMP Performance

Jul 31, 2026 – Oct 30, 2026

−6.2%FRWD−4.7%KOMP

Jul 31, 2026 to Oct 30, 2026. FRWD −6.2%. KOMP −4.7%. Use the arrow keys to read each point.−2.5%0%2.5%5%7.5%10%Jul 2026Sep 2026Oct 2026
Expense ratio
FRWD 0.65%
KOMP 0.20%, better
Fund size
FRWD $260M
KOMP $2.57B
1Y total return
FRWD No data
KOMP −1.6%
Yield (12M)
FRWD No data
KOMP 1.63%
Holdings
FRWD 28
KOMP 501
Avg volume (30D)
FRWD 82.4K sh, better
KOMP 70K sh
NAV per share
FRWD $30.82
KOMP $64.63
52W range

ETF.net Grade

FRWD: Cost 53, Risk 62, Mission not scored, Tradability 85, Holdings 36, Durability 63. KOMP: Cost 100, Risk 55, Mission not scored, Tradability 77, Holdings 88, Durability 88.
Pillar letters and Scores for FRWD, KOMP, with each pillar’s weight
PillarFRWDKOMP
Cost30% weightC53A100Higher
Mission25% weightNot scoredNot scored
Risk15% weightB62HigherB55
Tradability15% weightA85HigherA77
Holdings10% weightD36A88Higher
Durability5% weightB63A88Higher

Rank among Disruptive Innovation funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FRWD and KOMP are both graded against the same 30 Disruptive Innovation funds, so their Grades compare head to head.

Disruptive Innovation⁠

Category · 30 funds
See all 30 ›

KOMP ranks 2nd and FRWD 9th of 30 funds in the Disruptive Innovation Category.

  1. Rank 1AXTiShares Future Exponential Technologies ETFScore 86
  2. Rank 2AKOMPState Street SPDR S&P Kensho New Economies Composite ETFScore 83
  3. Rank 3ATRFMAAM Transformers ETFScore 74
  4. Rank 6BTNXTT. Rowe Price Innovation Leaders ETFScore 65
  5. Rank 9BFRWDNomura Transformational Technologies ETFScore 59
  6. Rank 10BFWDAB Disruptors ETFScore 58

Our read on each fund

ETF.net Research

FRWDBNomura Transformational Technologies ETF

KOMPAState Street SPDR S&P Kensho New Economies Composite ETF

In short

FRWD No data

KOMP Most thematic funds bet on one idea. KOMP buys the whole Fourth Industrial Revolution: 20-plus Kensho subsectors, from robotics to genetic engineering, spread across roughly 500 global stocks for 0.20% a year.

Stated mandate

FRWD No data

KOMP The Fund seeks investment results that generally correspond, before fees and expenses, to the total return performance of the S&P Kensho New Economies Composite Index.

Why people hold it

FRWD No data

  • KOMP 0.20% a year, under a third of the typical disruptive-innovation fund's fee and below peers like XT (0.46%) and TRFM (0.49%).
  • Kensho's language-processing engine scans regulatory filings for context and keywords, so membership rests on what a company discloses it does, not an old sector label.ssga.comspglobal.com
  • About 500 global names across 20-plus subsectors, equal weighted within each group with extra weight to 'core' operators. One mega-cap can't run the show.spglobal.com
  • Trading since 2018 and now a multi-billion-dollar fund, it sits among the strongest implementations in the disruptive-innovation group.

Worth knowing

FRWD No data

  • KOMP Equal weighting reaches down into smaller, earlier-stage innovators, so swings run wider than a plain broad-market index fund.spglobal.com
  • Subsector weights follow a risk-adjusted-return formula with annual reconstitution, so the mix drifts toward industries that have recently performed well.ssga.comspglobal.com
  • Breadth cuts both ways: a pure play on one theme like AI or space gets diluted here across the entire innovation map.spglobal.com

Full FRWD profile⁠

Full KOMP profile⁠

FRWD vs KOMP Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FRWD vs KOMP Cost

Overpaying FRWD vs KOMP

$8,562

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FRWD 0.65%

    $12,717

  • KOMP 0.20%

    $4,155

$10,000
30 years

Cost over time

  • FRWD 0.65%
  • KOMP 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530FRWD $12,717KOMP $4,155

Year by year

YearFRWDKOMPOverpaying
10$1,163$365$798
20$4,440$1,421$3,019
30$12,717$4,155$8,562

Expense ratio

  • 0.65%FRWD
  • 0.20%KOMP, cheaper
  • Middle half of Disruptive Innovation funds
  • Median 0.65%

KOMP cheapest of 30 funds

FRWD 12th cheapest of 30 funds

FRWD vs KOMP Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
FRWD No data
KOMP 1.63%
Payout (12M)
FRWD None
KOMP $1.02
Last payment
FRWD No data
KOMP $0.13
Ex-dividend
FRWD No data
KOMP Sep 21, 2026
Paid on
FRWD No data
KOMP Sep 23, 2026
Frequency
FRWD No data
KOMP Quarterly

Distribution history

Per share, 2018 to 2026, same scale for both

FRWDAll FRWD payments⁠

No distribution history available.

KOMPQuarterly · 33 paymentsAll KOMP payments⁠
One bar per payment. 33 payments from 2018 to 2026 YTD. Dec 24, 2018 $0.04; Mar 18, 2019 $0.05; Jun 24, 2019 $0.03; Sep 23, 2019 $0.05; Dec 23, 2019 $0.11; Dec 30, 2019 $0.05; Mar 23, 2020 $0.06; Jun 22, 2020 $0.06; Sep 21, 2020 $0.07; Dec 21, 2020 $0.20; Mar 22, 2021 $0.22; Jun 21, 2021 $0.14; Sep 20, 2021 $0.13; Dec 20, 2021 $0.36; Mar 21, 2022 $0.08; Jun 21, 2022 $0.17; Sep 19, 2022 $0.17; Dec 19, 2022 $0.15; Mar 20, 2023 $0.10; Jun 20, 2023 $0.15; Sep 18, 2023 $0.12; Dec 18, 2023 $0.22; Mar 18, 2024 $0.08; Jun 24, 2024 $0.16; Sep 23, 2024 $0.10; Dec 23, 2024 $0.19; Mar 24, 2025 $0.12; Jun 23, 2025 $0.12; Sep 22, 2025 $0.14; Dec 22, 2025 $0.72; Mar 23, 2026 $0.07; Jun 22, 2026 $0.10; Sep 21, 2026 $0.13. Use the arrow keys to read each point.$0$0.50202020232026YTD

FRWD vs KOMP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FRWD No dataKOMP 22.3%
Return per unit of riskSharpe ratio, 3 years
FRWD No dataKOMP 0.76
Worst fallMax drawdown, 5 years
FRWD No dataKOMP −45.4%
Market sensitivityBeta, 5 years
FRWD 2.11KOMP 1.65

FRWD and KOMP in the news

All news⁠

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