ProShares - MSCI Transformational Changes ETF

Frequently Asked Questions About ANEW

What does ANEW invest in?

This fund invests in businesses poised to capitalize on significant societal shifts, particularly in how people work, manage their health, consume goods and services, and interact. These profound changes were notably accelerated by the COVID-19 pandemic. To achieve its investment objective, the fund typically employs a “replication strategy,” aiming to mirror its underlying index by holding all of its component securities in corresponding proportions.

What is the expense ratio of ANEW?

ProShares - MSCI Transformational Changes ETF (ANEW) charges an expense ratio of 0.45%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ANEW?

ProShares - MSCI Transformational Changes ETF (ANEW) manages $8.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is ANEW actively managed or an index fund?

ANEW is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (ANEW's is 0.45%) because there's no security selection cost.

When was ANEW launched?

ProShares - MSCI Transformational Changes ETF (ANEW) launched in October 2020 and is managed by ProShares.

How has ANEW performed?

ANEW's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.