FWDBFull Width Deformable Barrier (vehicle crash test)
FWDBFort Worth Dallas Ballet (Texas)
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FWDD and FWDB are managed by Madrona Funds, an Everett, Washington-based SEC registered investment advisor that specializes in both fixed income and equity strategies for its clients.
Consistent with the open-end mutual fund ratings, FWDD and FWDB earned four-star rankings as being in the top 32.
Unlike passively managed ETFs that simply track indexes or custom-weight indexes according to various factors such as size and past performance, the actively managed FWDD and FWDB take different investment approaches without rules-based restrictions.