ETF Evaluator:
AB Disruptors ETF (FWD)
Follow This ETF
(as of Jul 31)
Best Performing in Global Large-Stock Growth Over the Last Year
| 64.8% | AB Disruptors ETF (FWD) |
| 46.8% | AAM Transformers ETF (TRFM) |
| 33.8% | Capital Group Global Growth Equity ETF (CGGO) |
| 32.0% | Fidelity Disruptive Automation ETF (FBOT) |
| 30.5% | NYLI Global Equity R&D Leaders ETF (WRND) |
Risk
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Risk
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ETF Details
AB Disruptors ETF Overview
AB Disruptors ETF (FWD) is an actively managed International Equity Global Large-Stock Growth exchange-traded fund (ETF). AllianceBernstein launched the ETF in 2023.
The investment seeks long-term growth of capital.
The fund is an actively-managed exchange-traded fund (“ETF”). The adviser seeks to achieve the fund’s investment objective by investing, under normal circumstances, in a global portfolio of equity securities. The fund invests in companies of all market capitalizations, and invests globally in companies located in various developed and emerging market countries. The fund is non-diversified.
About AB Disruptors ETF (FWD)
There are 1 members of the management team with an average tenure of 3.28 years: Lei Qiu (2023). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and MSCI ACWI Growth NR USD index with a weighting of 100%. AB Disruptors ETF has 130 securities in its portfolio. The top 10 holdings constitute 19.1% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
AB Disruptors ETF is part of the Equity global asset class and is within the International Equity ETF group. AB Disruptors ETF has 28.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 69.5% There is 28.7% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). AB Disruptors ETF has 1.8% of the portfolio in cash.
Assets Under Management
The fund has $3 billion in total assets, which is above the $1 billion average for the Global Large-Stock Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
FWD Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The AB Disruptors ETF expense ratio is above average compared to funds in the Global Large-Stock Growth category. AB Disruptors ETF has an expense ratio of 0.65%, which is 1% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. AB Disruptors ETF has a portfolio turnover rate of 196%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 69% for the Global Large-Stock Growth category.
Recently, in the month of June 2026, AB Disruptors ETF returned 3.8%, which earned it a grade of A, as the Global Large-Stock Growth category had an average return of 0.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
AB Disruptors ETF has a trailing yield of 0.08%, which is below the 0.26% category average.
The fund normally distributes its income annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
AB Disruptors ETF Grades
Year to date, the ETF has returned 41.1%, 32.5 percentage points better than the category, which translates into a grade of A. The fund has returned 64.8% over the past year (grade of A) and 38.6% over the past three years (grade of A).
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FWD Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FWD Return (NAV) | 3.8% | 37.5% | 64.8% | 38.6% | na | na |
| FWD Return (Price) | 4.1% | 36.4% | 65.3% | 38.7% | na | na |
| NAV +/- Price Return | -0.395% | 1.013% | -0.508% | -0.074% | na | na |
| Global Large-Stock Growth Avg | 0.4% | 18.9% | 15.2% | 20.0% | 0.0% | 13.3% |
| FWD Grade (NAV) | A | A | A | A | na | na |
| +/- Category (NAV) | 3.3% | 18.5% | 49.5% | 18.6% | na | na |
| FWD Tax-Cost Ratio | na | na | 0.1% | 0.2% | na | na |
FWD Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FWD Return (NAV) | 41.1% | 32.0% | 29.5% | na | na | na | na | na | na | na | na |
| FWD Return (Price) | 41.9% | 32.0% | 29.3% | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.019% | -0.001% | -0.007% | na | na | na | na | na | na | na | na |
| Global Large-Stock Growth Avg | 8.6% | 16.2% | 19.1% | 32.9% | -39.1% | 3.0% | 68.9% | 32.4% | -2.6% | 42.3% | -0.6% |
| FWD Grade (NAV) | A | A | A | na | na | na | na | na | na | na | na |
| +/- Category | 32.5% | 15.9% | 10.4% | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 1.70 |
| R-Squared: | 84% |
| Standard Deviation: | 23.5% |
| Category Risk Index: | 1.23 |
| Category Risk Rating: | High |
| Total Risk Index: | 1.93 |
| Total Risk Rating: | High |
| Portfolio Characteristics | |
| Yield: | 0.1% |
| Total Assets: | $ 3,163 Mil |
| Share Class Assets: | $ 3,163 Mil |
| Turnover: | 196.0% |
| Expense Ratio: | 0.65% |
| Index Fund: | No |
| Index Tracked: | MSCI ACWI NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 3.3 years | |||
| Average Tenure: 3.3 years | |||
| Managers (Year): Qiu Lei (2023) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 130 |
| % in Top 10 Holdings: | 19.1% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 28.7% |
Portfolio Allocation |
|
| Domestic Stock: | 69.5% |
| Foreign Stock: | 28.7% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.8% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | AllianceBernstein |
| Phone Number: | 800-243-5994 |
| Website: | |
| Inception Date: | March 21, 2023 |
Expenses and Fees
| Expense Ratio (%): | 0.65% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.64% |
