This actively-managed ETF offers a unique approach to domestic equity exposure, utilizing forward-looking earnings estimates to determine the allocation made to individual securities. The result is a broad-based portfolio of large cap U.S. stocks, making FWDD a potentially useful tool for investors looking to establish exposure to this asset class that is at the core of many long-term portfolios. The methodology behind FWDD may have some appeal to investors looking to avoid market cap weighting, and might also be attractive because of the balanced nature of the underlying portfolio--across both sectors and individual companies. The most substantial potential drawback of FWDD is the expense structure; this ETF is close to 100 basis points more expensive than index-based funds that simply seek to replicate the S&P 500 Index that serves is the benchmark. That serves as the "alpha hurdle" that FWDD must consistently clear in order to justify the hefty expenses. Investors looking for other alternatives to cap-weighting have a number of options available to them; the equal-weighted RSP similarly offers better balance and breaks the link between weighting and stock price, and that fund is considerably cheaper than FWDD.
The adjacent table gives investors an individual Realtime Rating for FWDD on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Large Cap Blend Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
This ETF is not currently available for commission free trading on any platforms.
There are 15 other ETFs in the Large Cap Blend Equities ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of FWDD relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
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