Overview
An actively managed strategy that takes a thematic approach to identify disruptive leaders across sectors and geographies and seeks long-term growth of capital
About this Fund
- Seeks to outperform global growth equity markets by investing in innovative market leaders who are poised to disrupt their respective industries
- Combines top-down thematic research with rigorous, bottom-up fundamental analysis and a robust risk-management process
Investment Approach
- Normally holds 80–100 stocks that are aligned with long-term secular growth trends
- Selects companies at the rapid adoption phase of the S-curve in an effort to provide access to durable high-growth opportunities, with proven business models and a clear path to potential profitability
Why Invest in the AB Disruptors ETF?
-
Harness the Growth of Industry Disruptors
FWD provides exposure to companies at the forefront of innovation—including artificial intelligence, cloud computing, fintech, clean technology and digital commerce—positioned to reshape industries and deliver powerful earnings growth.
-
Diversify Beyond Traditional Benchmarks
By targeting innovators often underrepresented in broad-market indexes, FWD seeks to complement traditional equity holdings and offer differentiated sources of return with lower correlation to core exposures.
-
Stay Ahead with Active Management
Disruption evolves too quickly for passive approaches. FWD combines thematic research with rigorous fundamental analysis to identify emerging leaders early, avoid outdated business models and actively manage innovation risk.
-
Capture Innovation While Managing Risk
Through disciplined valuation, thoughtful position sizing and active oversight, FWD aims to capture innovation-driven upside while controlling volatility and potential downside.
Key Facts
Assets in Millions
$3,191.48
As of 08/20/2026
Ticker
FWD
Inception Date
03/21/2023
Listed Date
03/22/2023
Morningstar Category
US Fund Global Large-Stock Growth
Benchmark(s)
MSCI ACWI Growth
CUSIP
00039J509
Exchange
NYSE
Closing Market Price
$130.13
As of 08/19/2026
30 Day Median Bid/Ask Spread
0.10%
As of 08/19/2026
Premium Discount
0.30%
As of 08/19/2026
30 Day Average Daily Volume
291,114
As of 08/19/2026
Fees & Expenses As of 03/31/2026
Expense Ratio
0.65%
Fund Profile
As of 07/28/2026
The 30-day median bid/ask spread represents the NBBO (national best bid and best offer) at the end of each 10 second interval of each trading day during the last 30 calendar days (i.e., 9:30:00 to 9:30:09AM EST all the way through 3:59:50 to 3:59:59PM EST) for the ETF. The spread of each NBBO (difference between the bid and ask) is divided by the midpoint of the NBBO (average of the bid and ask). The median of those values over the trailing 30 calendar days is shown as a percentage. Fund shares commenced trading on 03/22/2023. Until the time the Fund has been active for 30 days, Median Bid/Ask Spread will reflect rolling data for the number of days the Fund has been active.
Shares of any ETF are bought and sold at market price (not NAV) and may trade at a discount or premium to NAV. Shares are not individually redeemable from the Fund and may be only be acquired or redeemed from the Fund in creation units. Brokerage commissions will reduce returns.
Market Price is the official closing price as of the end of the prior business day from the primary listing exchange.
Meet the Team
