ProShares - MSCI Transformational Changes ETF (ANEW) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 1.06: the stock has moved about 6% more than the S&P 500.
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 AnswerProShares - MSCI Transformational Changes ETF (ANEW) trades at $52.90. ProShares - MSCI Transformational Changes ETF (ANEW) aims to replicate the performance of the MSCI Global Transformation Index. Sector: Financial services.
Price as of Sep 11, 2026 · Last analyzed: Mar 18, 2026Analyst 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. In the absence of analyst consensus, our AI model evaluates ANEW against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
ProShares - MSCI Transformational Changes ETF (ANEW) Financial Services Profile
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.
What Is the Investment Thesis for ANEW?
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
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 | $26.52 | -1.67% | — | |
| DAT ProShares - Big Data Refiners ETF | $47.57 | 0.00% | $5.60M | — |
| DIVG Invesco S&P 500 High Dividend Growers ETF | $37.49 | -0.49% | $11.6M | — |
| DMAT Global X - Disruptive Materials ETF | $36.67 | +2.54% | $11.8M | — |
| BLK BlackRock, Inc. | $1086.96 | +2.31% | $168B | 495-pillar |
| BX Blackstone Inc. | $129.75 | +3.46% | $157B | 705-pillar |
| BAM Brookfield Asset Management | $47.24 | -1.01% | $75.4B | 575-pillar |
| APOS Apollo Global Management, Inc. | $25.29 | +0.04% | $74.0B | 545-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 Could Drive ANEW Stock Higher?
Continued adoption of remote work technologies.
- Advancements in telehealth and digital healthcare.
- Growth in e-commerce and online services.
- Expansion of 5G networks and connectivity.
- Potential for new innovations and disruptions in various sectors.
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 the Growth Opportunities for ANEW?
- Increased Adoption of Remote Work Technologies: The shift towards remote work is expected to continue, driving demand for technologies and services that enable remote collaboration and productivity. The global remote work market is projected to reach $45.3 billion by 2028, growing at a CAGR of 10.2% from 2021 to 2028. ANEW is positioned to benefit from this trend by investing in companies that provide remote work solutions, such as video conferencing, cloud-based collaboration tools, and cybersecurity services.
- Advancements in Telehealth: The telehealth market is experiencing rapid growth, driven by increasing demand for remote healthcare services and advancements in technology. The global telehealth market is projected to reach $55.6 billion by 2027, growing at a CAGR of 25.9% from 2020 to 2027. ANEW can capitalize on this trend by investing in companies that provide telehealth platforms, remote patient monitoring devices, and virtual healthcare services.
- Growth in E-commerce: E-commerce continues to grow, driven by changing consumer behavior and the increasing availability of online shopping options. The global e-commerce market is projected to reach $6.2 trillion in 2023, growing at a CAGR of 10.4% from 2020 to 2023. ANEW is positioned to benefit from this trend by investing in companies that provide e-commerce platforms, online payment solutions, and logistics services.
- Expansion of Digital Healthcare Solutions: The healthcare industry is undergoing a digital transformation, with increasing adoption of digital health technologies and solutions. ANEW can capitalize on this trend by investing in companies that provide digital health platforms, wearable devices, and data analytics solutions for healthcare providers.
- Increased Connectivity and 5G Adoption: The rollout of 5G networks is expected to drive increased connectivity and enable new applications and services. The global 5G market is projected to reach $667.90 billion by 2030, growing at a CAGR of 52.4% from 2021 to 2030. ANEW is positioned to benefit from this trend by investing in companies that provide 5G infrastructure, devices, and applications.
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
Research confidence
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 · 20 snapshots
| 2026-08-23 | 44 |
| 2026-08-27 | 44 |
| 2026-08-31 | 44 |
| 2026-09-04 | 44 |
| 2026-09-08 | 44 |
| 2026-09-11 | 44 |
What changed?
The score has stayed at 44.
Over the same 19 days the stock moved -2.3%.
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) — Financial Services
Is ANEW a good stock?
Stock Expert AI does not rate ANEW buy, sell or hold. ProShares - MSCI Transformational Changes ETF has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.
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.
What are the key factors to evaluate for ANEW?
Evaluate ANEW on fundamentals, analyst consensus, and risk factors. The fund's replication strategy ensures close tracking of the MSCI Global Transformation Index. Not financial advice.
How frequently does ANEW data refresh on this page?
ANEW's price was last updated on Sep 11, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals follow quarterly filings. V2 calculations are scheduled daily at 10:15 UTC; the score's own date shows its last successful run.
What has driven ANEW's recent stock price performance?
ProShares - MSCI Transformational Changes ETF (ANEW) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Targeted exposure to transformational trends. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider ANEW overvalued or undervalued right now?
ProShares - MSCI Transformational Changes ETF (ANEW) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Can I buy fractional shares of ANEW?
Yes, most major brokerages offer fractional shares of ProShares - MSCI Transformational Changes ETF (ANEW) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.
How can I track ANEW's earnings and financial reports?
ProShares - MSCI Transformational Changes ETF (ANEW) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for ANEW earnings announcements.
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
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Market data and projections are based on available information and may not be indicative of future results.