FRWD vs WOOD

Comparison between NOMURA TRANSFORMATIONAL TECHNOLOGIES ETF (FRWD, ETF) and ISHARES GLOBAL TIMBER & FORESTRY ETF (WOOD, ETF).

FRWD vs WOOD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FRWD(ETF)	WOOD(ETF)
Net Assets	$268M	$267M
Expense Ratio	0.65%	0.39%
Max Drawdown	18.49%	63.84%
Sharpe Ratio	1.30	-0.13
5Y Beta	2.04	0.70
P/E Ratio	37.94	N/A
Forward P/E	25.01	N/A
PEG Ratio	0.18	N/A
5Y Dividends CAGR	N/A	8.13%
5Y EPS CAGR	37.03%	N/A
P/S Ratio	4.40	N/A
P/B Ratio	13.00	N/A

Net Assets

Winner

FRWD

$268M

WOOD

$267M

Expense Ratio

FRWD

0.65%

Winner

WOOD

0.39%

Max Drawdown

Winner

FRWD

18.49%

WOOD

63.84%

Sharpe Ratio

Winner

FRWD

1.30

WOOD

-0.13

5Y Beta

FRWD

2.04

Winner

WOOD

0.70

P/E Ratio

FRWD

37.94

WOOD

N/A

Forward P/E

FRWD

25.01

WOOD

N/A

PEG Ratio

FRWD

0.18

WOOD

N/A

5Y Dividends CAGR

FRWD

N/A

WOOD

8.13%

5Y EPS CAGR

FRWD

37.03%

WOOD

N/A

P/S Ratio

FRWD

4.40

WOOD

N/A

P/B Ratio

FRWD

13.00

WOOD

N/A

FRWD vs WOOD - Holdings Comparison

FRWD and WOOD have 1 common holdings. Overlap is -2.59%

FRWD's top 25 holdings weight is 97.61%. WOOD's top 25 holdings weight is 106.60%.

Rank	FRWD	WOOD
#1	NVIDIA CORP (NVDA) - 8.79%	WEYERHAEUSER CO (WY) - 7.91%
#2	ADVANCED MICRO DEVICES INC (AMD) - 7.44%	SUZANO SA (n/a) - 7.56%
#3	SEAGATE TECHNOLOGY HOLDINGS PLC (STX) - 7.27%	SMURFIT WESTROCK PLC (SW) - 6.39%
#4	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ADR (TSM) - 5.75%	MONDI PLC (n/a) - 5.80%
#5	LAM RESEARCH CORP (LRCX) - 5.23%	UPM-KYMMENE OYJ (n/a) - 5.74%
#6	BROADCOM INC (AVGO) - 4.77%	NINE DRAGONS PAPER (HOLDINGS) LTD (n/a) - 5.07%
#7	WESTERN DIGITAL CORP (WDC) - 4.69%	BLACKROCK CASH FUNDS TREASURY SL AGENCY (n/a) - 4.78%
#8	ASML HOLDING NV ADR (ASML) - 4.68%	INTERNATIONAL PAPER CO (IP) - 4.78%
#9	MICRON TECHNOLOGY INC (MU) - 4.09%	WEST FRASER TIMBER CO.LTD (n/a) - 4.52%
#10	TEXAS INSTRUMENTS INC (TXN) - 3.79%	OJI HOLDINGS CORP (n/a) - 4.50%
#11	NETFLIX INC (NFLX) - 3.69%	n/a (n/a) - 4.48%
#12	SAMSUNG ELECTRONICS CO LTD (n/a) - 3.53%	SVENSKA CELLULOSA AB CLASS B (n/a) - 4.32%
#13	ALPHABET INC CLASS A (GOOGL) - 3.14%	SYLVAMO CORP ORDINARY SHARES WHEN ISSUED (SLVM) - 4.30%
#14	MERCADOLIBRE INC (MELI) - 3.12%	STORA ENSO OYJ CLASS R (n/a) - 4.29%
#15	DOORDASH INC ORDINARY SHARES CLASS A (DASH) - 3.11%	RAYONIER INC (RYN) - 4.14%
#16	CELESTICA INC ORDINARY SHARES (SUBORDINATE VOTING) (CLS) - 2.98%	SUMITOMO FORESTRY CO LTD (n/a) - 4.02%
#17	MICROSOFT CORP (MSFT) - 2.96%	HOLMEN AB CLASS B (n/a) - 4.00%
#18	AMAZON.COM INC (AMZN) - 2.92%	NIPPON PAPER INDUSTRIES CO LTD (n/a) - 3.52%
#19	KRATOS DEFENSE & SECURITY SOLUTIONS INC (KTOS) - 2.84%	SCG PACKAGING PCL NVDR (n/a) - 2.86%
#20	BOOKING HOLDINGS INC (BKNG) - 2.70%	CAD/USD PURCHASED (n/a) - 2.59%
#21	SPOTIFY TECHNOLOGY SA (SPOT) - 2.38%	CAD CASH (n/a) - 2.50%
#22	SPACE EXPLORATION TECHNOLOGIES CORP CLASS A (SPCX) - 2.18%	JPY/USD PURCHASED (n/a) - 2.36%
#23	SHOPIFY INC REGISTERED SHS -A- SUBORD VTG (SHOP) - 2.00%	GBP/USD PURCHASED (n/a) - 2.14%
#24	CADENCE DESIGN SYSTEMS INC (CDNS) - 1.86%	EMPRESAS CMPC SA (n/a) - 2.09%
#25	SERVICENOW INC (NOW) - 1.70%	PT INDAH KIAT PULP & PAPER TBK (n/a) - 1.94%
Total Holdings	27	63

FRWD vs WOOD - Historical Returns

Returns include dividend reinvestment.

Period	FRWD	WOOD
1 month	+1.86%	+5.67%
3 months	+4.74%	+10.65%
6 months	+31.37%	-9.08%
1 year	N/A	+0.04%
5 years(CAGR)	N/A	-1.49%
10 years(CAGR)	N/A	+6.03%
Max(CAGR)	+53.03%	+4.14%

FRWD

+1.86%

Winner

WOOD

+5.67%

FRWD

+4.74%

Winner

WOOD

+10.65%

Winner

FRWD

+31.37%

WOOD

-9.08%

FRWD

N/A

WOOD

+0.04%

5Y(CAGR)

FRWD

N/A

WOOD

-1.49%

10Y(CAGR)

FRWD

N/A

WOOD

+6.03%

Max(CAGR)

Winner

FRWD

+53.03%

WOOD

+4.14%

FRWD vs WOOD - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	FRWD	WOOD
2026	+29.21%	+0.41%
2025	N/A	-3.16%
2024	N/A	-3.47%
2023	N/A	+13.46%
2022	N/A	-18.86%
2021	N/A	+17.65%
2020	N/A	+20.67%
2019	N/A	+19.41%
2018	N/A	-18.93%
2017	N/A	+33.95%
2016	N/A	+15.79%
2015	N/A	-8.05%
2014	N/A	+3.51%
2013	N/A	+15.18%
2012	N/A	+21.19%
2011	N/A	-17.28%
2010	N/A	+13.88%
2009	N/A	+38.49%
2008	N/A	-38.85%

FRWD vs WOOD Drawdown Comparison

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

The maximum drawdown for WOOD was -63.24%, occurring on Mar 9, 2009. Recovery took 585 trading sessions.

The current FRWD drawdown is -6.61%. The current WOOD drawdown is -17.30%.

Rank	FRWD	WOOD
#1	-18.49% Jan 28, 2026 - Apr 15, 2026	-63.24% Sep 19, 2008 - Jan 14, 2011
#2	-15.88% Jun 18, 2026 - Jul 29, 2026	-50.20% Jun 6, 2018 - Dec 16, 2020
#3	-9.94% Jun 2, 2026 - Jun 15, 2026	-34.33% Apr 4, 2011 - Mar 27, 2013
#4	-5.01% May 14, 2026 - May 22, 2026	-31.85% May 10, 2021 - Sep 26, 2022
#5	-2.67% Apr 24, 2026 - May 1, 2026	-29.49% Feb 13, 2015 - Dec 8, 2016
#6	-1.87% Jan 16, 2026 - Jan 22, 2026	-11.99% May 20, 2013 - Sep 11, 2013
#7	-1.81% Jun 15, 2026 - Jun 18, 2026	-11.11% Mar 6, 2014 - Dec 23, 2014
#8	-1.60% May 11, 2026 - May 14, 2026	-9.05% Jun 25, 2008 - Aug 8, 2008
#9	-1.53% Jan 13, 2026 - Jan 16, 2026	-8.41% Sep 3, 2008 - Sep 19, 2008
#10	-1.34% May 6, 2026 - May 8, 2026	-8.40% Jan 29, 2018 - Feb 26, 2018
#11	-0.89% Apr 22, 2026 - Apr 24, 2026	-7.53% Feb 17, 2011 - Mar 29, 2011
#12	-0.59% Apr 17, 2026 - Apr 22, 2026	-6.46% Jan 16, 2014 - Feb 14, 2014
#13	-0.09% May 1, 2026 - May 5, 2026	-6.29% Mar 28, 2013 - May 8, 2013
#14	N/A	-5.44% Aug 8, 2008 - Sep 3, 2008
#15	N/A	-5.09% Sep 18, 2013 - Oct 16, 2013

Correlation

Correlation between FRWD and WOOD is -0.58 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.58

-101