FRWD vs RZV
Comparison between Nomura Transformational Technologies ETF (FRWD, ETF) and INVESCO S&P SMALLCAP 600 PURE VALUE ETF (RZV, ETF).
FRWD vs RZV - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
FRWD
$285M
RZV
$285M
Expense Ratio
FRWD
0.65%
Winner
RZV
0.35%
Max Drawdown
Winner
FRWD
18.49%
RZV
77.94%
Sharpe Ratio
FRWD
1.40
Winner
RZV
1.70
5Y Beta
FRWD
2.08
Winner
RZV
1.01
P/E Ratio
FRWD
43.94
Winner
RZV
-26.39
Forward P/E
FRWD
24.86
Winner
RZV
11.12
PEG Ratio
FRWD
0.28
RZV
N/A
5Y Dividends CAGR
FRWD
N/A
RZV
31.94%
5Y EPS CAGR
Winner
FRWD
34.63%
RZV
-5.77%
Debt to Equity
FRWD
N/A
RZV
97.25%
P/S Ratio
FRWD
4.51
Winner
RZV
0.39
P/B Ratio
FRWD
12.90
Winner
RZV
1.16
FRWD vs RZV - Holdings Comparison
FRWD and RZV have 2 common holdings. Overlap is 0.03%
FRWD's top 25 holdings weight is 99.42%. RZV's top 25 holdings weight is 33.59%.
| Rank | FRWD | RZV |
|---|---|---|
| #1 | NVIDIA CORP (NVDA) - 8.39% | ICHOR HOLDINGS LTD (ICHR) - 2.49% |
| #2 | ADVANCED MICRO DEVICES INC (AMD) - 7.40% | ACADIA HEALTHCARE CO INC (ACHC) - 2.00% |
| #3 | SEAGATE TECHNOLOGY HOLDINGS PLC (STX) - 6.98% | VESTIS CORP (VSTS) - 1.73% |
| #4 | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ADR (TSM) - 6.10% | EDGEWELL PERSONAL CARE CO (EPC) - 1.56% |
| #5 | LAM RESEARCH CORP (LRCX) - 5.72% | ARCBEST CORP (ARCB) - 1.49% |
| #6 | ASML HOLDING NV ADR (ASML) - 4.79% | MOLINA HEALTHCARE INC (MOH) - 1.47% |
| #7 | BROADCOM INC (AVGO) - 4.71% | MANPOWERGROUP INC (MAN) - 1.41% |
| #8 | MICRON TECHNOLOGY INC (MU) - 4.60% | NEWELL BRANDS INC (NWL) - 1.39% |
| #9 | WESTERN DIGITAL CORP (WDC) - 4.36% | MARINEMAX INC (HZO) - 1.33% |
| #10 | TEXAS INSTRUMENTS INC (TXN) - 3.94% | KOPPERS HOLDINGS INC (KOP) - 1.33% |
| #11 | NETFLIX INC (NFLX) - 3.79% | CARMAX INC (KMX) - 1.31% |
| #12 | SAMSUNG ELECTRONICS CO LTD (n/a) - 3.76% | CRACKER BARREL OLD COUNTRY STORE INC (CBRL) - 1.29% |
| #13 | DOORDASH INC ORDINARY SHARES CLASS A (DASH) - 3.64% | MARRIOTT VACATIONS WORLDWIDE CORP (VAC) - 1.29% |
| #14 | ALPHABET INC CLASS A (GOOGL) - 3.44% | CONCENTRIX CORP ORDINARY SHARES (CNXC) - 1.27% |
| #15 | MICROSOFT CORP (MSFT) - 3.13% | VISHAY INTERTECHNOLOGY INC (VSH) - 1.21% |
| #16 | AMAZON.COM INC (AMZN) - 3.05% | ASTRANA HEALTH INC (ASTH) - 1.18% |
| #17 | KRATOS DEFENSE & SECURITY SOLUTIONS INC (KTOS) - 2.90% | PATTERSON-UTI ENERGY INC (PTEN) - 1.18% |
| #18 | SPOTIFY TECHNOLOGY SA (SPOT) - 2.68% | MILLERKNOLL INC (MLKN) - 1.17% |
| #19 | CELESTICA INC ORDINARY SHARES (SUBORDINATE VOTING) (CLS) - 2.63% | SCANSOURCE INC (SCSC) - 1.10% |
| #20 | MERCADOLIBRE INC (MELI) - 2.57% | COTY INC CLASS A (COTY) - 1.09% |
| #21 | SPACE EXPLORATION TECHNOLOGIES CORP CLASS A (SPCX) - 2.51% | WORLD KINECT CORP (WKC) - 1.09% |
| #22 | BOOKING HOLDINGS INC (BKNG) - 2.25% | G-III APPAREL GROUP LTD (GIII) - 1.07% |
| #23 | SHOPIFY INC REGISTERED SHS -A- SUBORD VTG (SHOP) - 2.16% | SCHOLASTIC CORP (SCHL) - 1.07% |
| #24 | SERVICENOW INC (NOW) - 1.99% | ORGANON & CO ORDINARY SHARES (OGN) - 1.06% |
| #25 | CADENCE DESIGN SYSTEMS INC (CDNS) - 1.93% | SM ENERGY CO (SM) - 1.01% |
| Total Holdings | 27 | 159 |
FRWD vs RZV - Historical Returns
Returns include dividend reinvestment.
1M
FRWD
-7.62%
Winner
RZV
+6.63%
3M
Winner
FRWD
+17.20%
RZV
+12.18%
6M
Winner
FRWD
+26.34%
RZV
+17.09%
1Y
FRWD
N/A
RZV
+43.60%
5Y(CAGR)
FRWD
N/A
RZV
+12.59%
10Y(CAGR)
FRWD
N/A
RZV
+11.02%
Max(CAGR)
Winner
FRWD
+58.34%
RZV
+8.42%
FRWD vs RZV - Annual Returns (2006 - 2026)
Returns include dividend reinvestment.
| Year | FRWD | RZV |
|---|---|---|
| 2026 | +26.85% | +28.23% |
| 2025 | N/A | +8.49% |
| 2024 | N/A | +5.19% |
| 2023 | N/A | +22.46% |
| 2022 | N/A | -8.60% |
| 2021 | N/A | +46.94% |
| 2020 | N/A | -3.35% |
| 2019 | N/A | +19.64% |
| 2018 | N/A | -20.86% |
| 2017 | N/A | -0.15% |
| 2016 | N/A | +35.54% |
| 2015 | N/A | -12.12% |
| 2014 | N/A | +3.66% |
| 2013 | N/A | +40.74% |
| 2012 | N/A | +18.42% |
| 2011 | N/A | -9.75% |
| 2010 | N/A | +24.94% |
| 2009 | N/A | +59.92% |
| 2008 | N/A | -40.34% |
| 2007 | N/A | -19.53% |
| 2006 | N/A | +13.09% |
FRWD vs RZV Drawdown Comparison
The maximum drawdown for FRWD was -18.49%, occurring on Mar 30, 2026. Recovery took 53 trading sessions.
The maximum drawdown for RZV was -77.13%, occurring on Mar 9, 2009. Recovery took 1332 trading sessions.
The current FRWD drawdown is -8.32%. The current RZV drawdown is -0.25%.
| Rank | FRWD | RZV |
|---|---|---|
| #1 | -18.49% Jan 28, 2026 - Apr 15, 2026 | -77.13% Jun 4, 2007 - Sep 13, 2012 |
| #2 | -12.65% Jun 18, 2026 - Jul 17, 2026 | -60.41% Aug 22, 2018 - Feb 16, 2021 |
| #3 | -9.94% Jun 2, 2026 - Jun 15, 2026 | -30.99% Jun 23, 2015 - Nov 10, 2016 |
| #4 | -5.01% May 14, 2026 - May 22, 2026 | -29.82% Dec 2, 2024 - Aug 27, 2025 |
| #5 | -2.67% Apr 24, 2026 - May 1, 2026 | -26.46% Nov 8, 2021 - Feb 1, 2023 |
| #6 | -1.87% Jan 16, 2026 - Jan 22, 2026 | -21.44% Feb 2, 2023 - Dec 19, 2023 |
| #7 | -1.81% Jun 15, 2026 - Jun 18, 2026 | -21.10% Dec 9, 2016 - Jan 22, 2018 |
| #8 | -1.60% May 11, 2026 - May 14, 2026 | -14.82% Jul 3, 2014 - Mar 24, 2015 |
| #9 | -1.53% Jan 13, 2026 - Jan 16, 2026 | -14.11% Jun 8, 2021 - Oct 25, 2021 |
| #10 | -1.34% May 6, 2026 - May 8, 2026 | -13.00% May 5, 2006 - Oct 26, 2006 |
| #11 | -0.89% Apr 22, 2026 - Apr 24, 2026 | -12.56% Feb 6, 2026 - Apr 20, 2026 |
| #12 | -0.59% Apr 17, 2026 - Apr 22, 2026 | -11.01% Mar 12, 2021 - May 17, 2021 |
| #13 | -0.09% May 1, 2026 - May 5, 2026 | -10.92% Sep 14, 2012 - Dec 18, 2012 |
| #14 | N/A | -10.70% Jan 22, 2018 - May 21, 2018 |
| #15 | N/A | -10.57% Jul 31, 2024 - Nov 6, 2024 |
Correlation
Correlation between FRWD and RZV is 0.89 which considered as a strong positive correlation - the stocks tend to move together.
0.89
-101
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