BCTK vs FRWD
Baron Technology ETF against Nomura Transformational Technologies ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
43%
11 shared positions
Fee gap
10 bp
FRWD is cheaper
1-year return gap
—
Larger fund
FRWD
$285M
Side by side
| BCTK | FRWD | |
|---|---|---|
| Fund | Baron Technology ETF | Nomura Transformational Technologies ETF |
| Issuer | Baron | Nomura |
| Category | Technology | Internet & Innovation |
| Expense ratio | 0.75% | 0.65% |
| Assets | $205M | $285M |
| Average daily dollar volume | $1.1M | $1.1M |
| Listed | Dec 31, 2021 | Jan 12, 2026 |
| FrenzyCap score | 31 | 37 |
| 1-month return | +7.3% | +4.5% |
| 3-month return | +5.4% | +4.3% |
| Year to date | +26.0% | — |
| 1-year return | — | — |
| 30-day volatility | 22.2% | 20.2% |
| Worst drawdown, 1 year | −18.6% | −18.5% |
| Trailing 12-month yield | 0.15% | — |
| Holdings | 38 | 26 |
| Top 10 weight | 61.1% | 60.6% |
| Look-through P/E | 63.1 | 34.2 |
| Holdings vs fair value | −10.9% | −4.9% |
| Holdings above 200-day average | 81% | 78% |
| Net flow, latest 3 reported months | +$5.6M thru Jun 2026 | +$181M thru Jun 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Jun 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
60% of BCTK · 53% of FRWD
Sector mix of the stock holdings
| Sector | BCTK | FRWD | Gap |
|---|---|---|---|
| Technology | 67.0% | 57.5% | +9.5% |
| Industrials | 15.8% | 16.7% | −1.0% |
| Consumer Discretionary | 7.3% | 2.8% | +4.5% |
| Communication Services | 0.0% | 3.3% | −3.3% |
| Utilities | 0.9% | 0.0% | +0.9% |
| Real Estate | 0.6% | 0.0% | +0.6% |
More: full overlap table · BCTK holdings · FRWD holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.