ANEW
ProShares MSCI Transformational Changes ETF
ANEW tracks a market-cap-weighted index of global stocks that benefit from transformational changes in peoples work, health care, consumption, and connection.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 7.7 M
ASSETS UNDER MGMT
45 bp
EXPENSES
Fund Basics
| Inception date | Oct 14, 2020 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| ALPHABET INC. CLASS A | 2.8 % |
| NUTRIEN LTD. | 2.6 % |
| CORTEVA INC | 2.6 % |
| DEERE & CO | 2.5 % |
| BROADCOM INC. | 2.5 % |
| ROCHE HOLDING LTD | 2.4 % |
| AMAZON.COM INC | 2.3 % |
| INTL FLAVORS & FRAGRANCES | 2.3 % |
| CADENCE DESIGN SYS INC | 2.3 % |
| SYMRISE AG | 2.2 % |
Constituent Breakdown
| Number of holdings | 129 |
| Herfindahl-Hirschman Index | 152 |
| Wgt avg mkt cap (mns) | $547,362 |
| Large cap (>$10bn) | 81.3% |
| Mid cap ($2-10bn) | 14.3% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 91.5% |
| Emerging mkts. | 5.9% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 73.4 % |
 |
CHINA | 4.1 % |
 |
GERMANY | 3.6 % |
 |
CANADA | 3.2 % |
 |
SWITZERLAND | 2.6 % |
 |
IRELAND | 2.1 % |
 |
JAPAN | 2.0 % |
 |
BRITAIN | 1.7 % |
 |
SINGAPORE | 1.5 % |
 |
TAIWAN | 0.9 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 2.3% | 7.0% | 11.4% | 13.9% | 3.3% | -- | -- | 4.6% |
| Dividend Yield | 0.1% | 0.7% | 1.0% | 0.9% | 0.8% | -- | -- | 0.7% |
| Total Returns | 2.4% | 7.7% | 12.4% | 14.8% | 4.1% | -- | -- | 5.3% | Ann. Volatility | 15.0% | 13.3% | 16.6% | 15.6% | 18.8% | -- | -- | 18.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.00 | 79% |
| MSCI EAFE | 0.70 | 63% |
| MSCI Emg Mkts | 0.52 | 61% |
Liquidity Measures
| Avg. volume (000) | 0 |
| ADV traded (mns) | $0 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.43% |
Technical Indicators
| 30d moving avg. (EMA) | $49.54 |
| Relative strength (RSI) | 63 |
| MACD/Signal | 0.78/0.67 |
| Bollinger Bands (Upper/Lower) | $51.48/$48.43 |
| Short interest (% of AUM) | 0.5% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. ANEW |
Expenses vs. ANEW |
ALTAR Score™ vs. ANEW |
|---|---|---|---|---|
| GINN | Goldman Sachs Innovate Equity ETF | 31.5% | +7 bp | -0.7% |
| RND | First Trust Bloomberg R&D Leaders ETF | 29.5% | +15 bp | -1.8% |
| MODL | VictoryShares WestEnd U.S. Sector ETF | 28.4% | -3 bp | -0.3% |
| GVIP | Goldman Sachs Hedge Industry VIP ETF | 27.8% | 0 bp | -2.5% |
| GGUS | Marketbeta Russell 1000 Growth Equity ETF | 27.2% | -33 bp | -0.6% |
| USNZ | Xtrackers Net Zero Pathway Paris Aligned US Equity ETF | 27.2% | -35 bp | -0.1% |
| ESGV | Vanguard ESG U.S. Stock ETF | 27.1% | -36 bp | -0.2% |
| STXG | Strive 1000 Growth ETF | 27.0% | -27 bp | -1.0% |
| AAEQ | Alpha Architect US Equity 2 ETF | 26.8% | -30 bp | -0.4% |
| KLMN | Invesco MSCI North America Climate ETF | 26.8% | -36 bp | -0.1% |
Risk and Returns: ANEW vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
Sample data. Subscribe for access.
Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
4.9%
ALTAR SCORE™
59th
PERCENTILE
NEUTRAL
ETFRC RATING
There are 727 funds in the Global Equity category with an average
ALTAR Score™ of 4.3% and a standard deviation
of 2.6%. ANEW's ALTAR Score™ is approximately 0.2 standard
deviations above the category average. This places ANEW in the 59th percentile
among funds in the category.
Sell-Side Consensus
$62.9
PRICE TARGET
+22.4%
UPSIDE