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ProShares - MSCI Transformational Changes ETF (ANEW) Fund Overview

Educational signal · not a buy or sell recommendation · How to read this

$54.56 +$0.5781 (+1.07%)
Vol: 4|

Beta 1.06: the stock has moved about 6% more than the S&P 500.

Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 18, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Quick Answer

ProShares - MSCI Transformational Changes ETF (ANEW) trades at $54.56. ProShares - MSCI Transformational Changes ETF (ANEW) aims to replicate the performance of the MSCI Global Transformation Index. Sector: Financials.

Price as of · Last analyzed: Mar 18, 2026
ProShares - MSCI Transformational Changes ETF (ANEW) aims to replicate the performance of the MSCI Global Transformation Index. The fund invests in companies poised to benefit from transformational shifts in work, healthcare, consumption, and connectivity accelerated by events like the COVID-19 pandemic.

Analyst Coverage for ANEW: ANEW does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.

▶ Watch the ANEW film Every key number, told as a short cinematic story — just press play. ~2 min

ProShares - MSCI Transformational Changes ETF (ANEW) Financial Services Profile

IPO Year2020

ProShares - MSCI Transformational Changes ETF (ANEW) is an exchange-traded fund seeking to mirror the MSCI Global Transformation Index, focusing on companies expected to capitalize on evolving trends in work, healthcare, consumption, and connectivity, offering investors exposure to sectors undergoing significant change.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 18, 2026

What Is the Investment Thesis for ANEW?

AI-written as of Mar 18, 2026 — figures and tone reflect the data available then, not today's score.

ANEW presents an investment opportunity centered on capturing the potential upside of companies benefiting from transformational changes in various sectors. With a beta of 1.06, the fund exhibits market-correlated volatility. The fund's replication strategy ensures close tracking of the MSCI Global Transformation Index. Key value drivers include the continued acceleration of digital transformation, evolving healthcare solutions, and shifts in consumer behavior. Potential catalysts include increased adoption of remote work technologies, advancements in telehealth, and growth in e-commerce. However, investors may want to evaluate the potential risks associated with market volatility and the performance of the underlying index.

Based on FMP financials and quantitative analysis

ANEW Key Highlights

AI-written as of Mar 18, 2026 — figures and tone reflect the data available then, not today's score.

ANEW's investment strategy focuses on companies benefiting from transformational changes in work, healthcare, consumption, and connectivity.

  • The fund employs a replication strategy to mirror the performance of the MSCI Global Transformation Index.
  • ANEW provides targeted exposure to companies at the forefront of innovation and adaptation.
  • The ETF has a beta of 1.06, indicating market-correlated volatility.
  • ANEW does not offer a dividend yield.

Who Are ANEW's Competitors?

ANEW is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
BNKD MicroSectors U.S. Big Banks -3 Inverse Leveraged ETN $36.01 +0.24% —
DAT ProShares - Big Data Refiners ETF $52.41 +1.25% $6.17M —
DIVG Invesco S&P 500 High Dividend Growers ETF $36.10 +0.28% $11.2M —
DMAT Global X - Disruptive Materials ETF $36.67 +2.54% $11.8M —
BLK BlackRock, Inc. $1066.45 +0.64% $165B 51 5-pillar
BX Blackstone Inc. $111.64 -0.09% $136B 68 5-pillar
APOS Apollo Global Management, Inc. $25.59 0.00% $74.8B 56 5-pillar
BAM Brookfield Asset Management $44.73 -0.27% $71.4B 57 5-pillar

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are ANEW's Key Strengths?

Targeted exposure to transformational trends.

  • Replication strategy ensures close tracking of the index.
  • Diversification across multiple sectors.
  • Low expense ratio compared to actively managed funds.

What Are ANEW's Weaknesses?

Performance is dependent on the underlying index.

  • Limited flexibility to deviate from the index.
  • May be subject to market volatility.
  • No dividend yield.

What Are the Key Risks for ANEW?

Market volatility could impact fund performance.

  • Changes in consumer behavior could affect investment outcomes.
  • Regulatory changes could impact the ETF market.
  • Dependence on the performance of the underlying index.
  • Competition from other ETFs offering similar exposure.

What Are ANEW's Competitive Advantages?

  • Replication strategy provides predictable exposure.
  • Focus on transformational changes offers a unique investment theme.
  • Diversification across multiple sectors reduces risk.

What Does ANEW Do?

ProShares - MSCI Transformational Changes ETF (ANEW) was created to provide investors with targeted exposure to companies that are expected to benefit from fundamental shifts in how people work, receive healthcare, consume goods and services, and connect with each other. These transformational changes have been accelerated by events such as the COVID-19 pandemic, which has reshaped societal norms and business practices. ANEW seeks to replicate the performance of the MSCI Global Transformation Index, a benchmark designed to capture the performance of companies positioned to benefit from these shifts. The fund employs a replication strategy, meaning it invests in all component securities of the index in approximately the same proportion as the index itself. This approach aims to provide investors with a return that closely tracks the index's performance. ANEW offers a way for investors to gain exposure to companies at the forefront of innovation and adaptation in a rapidly changing world. The fund's investment strategy focuses on identifying and investing in companies that are leading the way in adapting to and capitalizing on these new realities.

What Products and Services Does ANEW Offer?

  • Tracks the MSCI Global Transformation Index.
  • Invests in companies benefiting from transformational changes.
  • Focuses on sectors like work, healthcare, consumption, and connectivity.
  • Employs a replication strategy to mirror index performance.
  • Provides exposure to companies adapting to new realities.
  • Offers investors a way to access thematic investment opportunities.

How Does ANEW Make Money?

  • Replicates the MSCI Global Transformation Index.
  • Generates returns based on the performance of the index.
  • Attracts investors seeking exposure to transformational trends.

What Industry Does ANEW Operate In?

ANEW operates within the asset management industry, specifically focusing on ETFs that track specialized indices. The ETF market has experienced substantial growth, driven by increasing investor demand for low-cost, diversified investment vehicles. ANEW's focus on transformational changes aligns with the broader trend of thematic investing, where funds target specific investment themes or megatrends. Competitors include BNGE, BNKD, DAT, DIVG, and DMAT, which offer exposure to different segments of the market. The fund's success depends on its ability to accurately track the underlying index and attract investors seeking exposure to transformational trends.

Who Are ANEW's Key Customers?

  • Retail investors
  • Institutional investors
  • Financial advisors
Model self-rating on this text: 81% (not a measure of the evidence) Updated: Mar 18, 2026

Research confidence

Low

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • ● Scoring coverage unknown
  • ● Price is current
  • ● No filing on record
  • ● No analyst coverage
  • ● This is an etf, not an operating company

MoonshotScore History

Recorded daily since 2026-08-23 · 42 snapshots

2026-08-23 44
2026-08-31 44
2026-09-08 44
2026-09-16 44
2026-09-24 44
2026-10-04 44
2026-10-05 44

What changed?

The score has stayed at 44.

Over the same 30 days the stock moved -0.1%.

ANEW Financials

Bull Case vs Bear Case

Bull Case

  • Targeted exposure to transformational trends.
  • Replication strategy ensures close tracking of the index.
  • Diversification across multiple sectors.
  • Low expense ratio compared to actively managed funds.

Bear Case

  • Performance is dependent on the underlying index.
  • Limited flexibility to deviate from the index.
  • May be subject to market volatility.
  • No dividend yield.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

ANEW Latest News

No recent news available for ANEW.

ANEW Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for ANEW.

Price Targets

Wall Street price target analysis for ANEW.

ANEW MoonshotScore

MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for ANEW; grades run from A+ (80-100) to F (below 30).

What Investors Ask About ProShares - MSCI Transformational Changes ETF (ANEW) — Financials

What does ProShares - MSCI Transformational Changes ETF do?

ProShares - MSCI Transformational Changes ETF (ANEW) is designed to track the performance of the MSCI Global Transformation Index. This index is composed of companies that are expected to benefit from transformational changes in how people work, take care of their health, consume goods and services, and connect with each other.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated

MoonshotScore is not published for this security.

Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Market data and projections are based on available information and may not be indicative of future results.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis