AB Disruptors ETF (NYSE Arca: FWD) is an actively managed exchange-traded fund that seeks long-term growth of capital by investing in a global portfolio of 80 to 100 equity securities of innovative companies poised to disrupt their industries through themes such as artificial intelligence, cloud computing, fintech, clean technology, and digital commerce; it employs top-down thematic research combined with bottom-up fundamental analysis and risk management to select holdings at the rapid adoption phase of growth S-curves, targeting firms with proven business models and paths to profitability across any market capitalization, sector, or geography.
The fund, which commenced operations on March 22, 2023, holds approximately 119 stocks including top positions in NVIDIA Corp., Broadcom Inc., Meta Platforms Inc., Taiwan Semiconductor Manufacturing Co., and Tesla Inc., with assets under management exceeding $900 million as of late 2025; it is issued and managed by AllianceBernstein L.P., a leading global investment manager with headquarters in Nashville, Tennessee.
AB Disruptors ETF operates primarily in U.S. markets while providing exposure to global equities, including emerging markets, and targets institutional and retail investors seeking differentiated growth from innovators underrepresented in broad indexes; the fund received the etf.com Best New Active ETF award in 2024 for its differentiated strategy among U.S.-listed ETFs launched in 2023.
In recent developments, the ETF has added new positions such as EQT Corp., Cameco Corp., CoreWeave Inc., Carvana Co., and L3Harris Technologies Inc., reflecting ongoing active portfolio adjustments to capture emerging disruptors; meanwhile, its issuer AllianceBernstein expanded its ETF lineup in 2025 with launches including the AB New York Intermediate Municipal ETF and AB Core Bond ETF in November, alongside other active equity and buffer strategies, underscoring a broader push into innovative ETF offerings.