FRWD vs MUSI

Comparison between Nomura Transformational Technologies ETF (FRWD, ETF) and AMERICAN CENTURY MULTISECTOR INCOME ETF (MUSI, ETF).

FRWD vs MUSI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FRWD(ETF)	MUSI(ETF)
Net Assets	$223M	$221M
Expense Ratio	0.65%	0.38%
Max Drawdown	18.49%	19.11%
Sharpe Ratio	1.95	0.59
5Y Beta	1.96	0.09
P/E Ratio	45.18	N/A
Forward P/E	29.28	N/A
PEG Ratio	0.40	N/A
5Y EPS CAGR	33.63%	N/A
P/S Ratio	4.74	N/A
P/B Ratio	13.38	N/A

Net Assets

Winner

FRWD

$223M

MUSI

$221M

Expense Ratio

FRWD

0.65%

Winner

MUSI

0.38%

Max Drawdown

Winner

FRWD

18.49%

MUSI

19.11%

Sharpe Ratio

Winner

FRWD

1.95

MUSI

0.59

5Y Beta

FRWD

1.96

Winner

MUSI

0.09

P/E Ratio

FRWD

45.18

MUSI

N/A

Forward P/E

FRWD

29.28

MUSI

N/A

PEG Ratio

FRWD

0.40

MUSI

N/A

5Y EPS CAGR

FRWD

33.63%

MUSI

N/A

P/S Ratio

FRWD

4.74

MUSI

N/A

P/B Ratio

FRWD

13.38

MUSI

N/A

FRWD vs MUSI - Historical Returns

Returns include dividend reinvestment.

Period	FRWD	MUSI
1 month	+6.20%	+0.45%
3 months	+36.62%	+0.85%
6 months	+29.03%	+1.43%
1 year	N/A	+5.79%
5 years(CAGR)	N/A	+2.20%
Max(CAGR)	+86.01%	+2.20%

Winner

FRWD

+6.20%

MUSI

+0.45%

Winner

FRWD

+36.62%

MUSI

+0.85%

Winner

FRWD

+29.03%

MUSI

+1.43%

FRWD

N/A

MUSI

+5.79%

5Y(CAGR)

FRWD

N/A

MUSI

+2.20%

Max(CAGR)

Winner

FRWD

+86.01%

MUSI

+2.20%

FRWD vs MUSI - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	FRWD	MUSI
2026	+29.03%	+0.88%
2025	N/A	+8.37%
2024	N/A	+5.42%
2023	N/A	+7.25%
2022	N/A	-10.20%
2021	N/A	+0.58%

FRWD vs MUSI Drawdown Comparison

The maximum drawdown for FRWD was -18.49%, occurring on Mar 30, 2026. Recovery took 53 trading sessions.

The maximum drawdown for MUSI was -13.91%, occurring on Oct 20, 2022. Recovery took 724 trading sessions.

The current FRWD drawdown is -5.06%. The current MUSI drawdown is -0.89%.

Rank	FRWD	MUSI
#1	-18.49% Jan 28, 2026 - Apr 15, 2026	-13.91% Sep 15, 2021 - Aug 2, 2024
#2	-9.94% Jun 2, 2026 - Jun 10, 2026	-3.22% Feb 28, 2025 - May 29, 2025
#3	-5.01% May 14, 2026 - May 22, 2026	-2.78% Feb 27, 2026 - Mar 27, 2026
#4	-2.67% Apr 24, 2026 - May 1, 2026	-2.25% Sep 16, 2024 - Feb 20, 2025
#5	-1.87% Jan 16, 2026 - Jan 22, 2026	-0.88% Sep 22, 2025 - Oct 21, 2025
#6	-1.60% May 11, 2026 - May 14, 2026	-0.82% Aug 2, 2024 - Aug 14, 2024
#7	-1.53% Jan 13, 2026 - Jan 16, 2026	-0.68% Oct 28, 2025 - Nov 24, 2025
#8	-1.34% May 6, 2026 - May 8, 2026	-0.64% Nov 26, 2025 - Dec 24, 2025
#9	-0.89% Apr 22, 2026 - Apr 24, 2026	-0.62% Jun 4, 2025 - Jun 20, 2025
#10	-0.59% Apr 17, 2026 - Apr 22, 2026	-0.54% Jun 30, 2025 - Jul 21, 2025
#11	-0.09% May 1, 2026 - May 5, 2026	-0.50% Jan 14, 2026 - Feb 3, 2026
#12	N/A	-0.33% Aug 5, 2021 - Aug 26, 2021
#13	N/A	-0.33% Jul 7, 2021 - Jul 30, 2021
#14	N/A	-0.32% Aug 14, 2024 - Aug 19, 2024
#15	N/A	-0.29% Aug 13, 2025 - Aug 22, 2025