NXTG vs FRWD overlap
NXTG and FRWD overlap 9.4% by weight, across 7 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
| Holding | NXTG | FRWD | Overlap |
|---|---|---|---|
| Micron TechMU | 1.68% | 5.14% | 1.68% |
| ADV Micro DeviceAMD | 1.66% | 7.80% | 1.66% |
| Taiwan Semic-ADRTSM | 1.51% | 6.30% | 1.51% |
| Samsung Electron005930 | 1.41% | 4.14% | 1.41% |
| Broadcom Inc.AVGO | 1.31% | 4.65% | 1.31% |
| Nvidia Corp.NVDA | 1.29% | 8.09% | 1.29% |
| Space Explorat-aSPCX | 0.54% | 2.49% | 0.54% |
Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: NXTG, SEC Form N-PORT, June 30, 2026; FRWD, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | NXTG | FRWD |
|---|---|---|
| LPL Financial LLC | $34.1M | $128.2M |
| Envestnet Asset Management Inc. | $2.0M | $783K |
| HRT Financial LP | $283K | $1.9M |
| Truist Financial Corp. | $515K | $806K |
| Nova Wealth Management, Inc. | $12K | $12K |
This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.
Who owns them: NXTG institutional holders, FRWD institutional holders.
Frequently asked questions
How much do NXTG and FRWD overlap?
9.4% by weight, with 7 holdings in common, using holdings for NXTG as of June 30, 2026 and FRWD as of June 30, 2026. The largest shared position is MU.
Do institutions hold both NXTG and FRWD?
5 Form 13F filers report positions in both, out of 152 that report either one.
How is overlap by weight worked out?
For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.