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ANEW - ETF AI Analysis
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ProShares MSCI Transformational Changes ETF (ANEW)
Rating:67Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several top holdings, including Broadcom, Nvidia, and Alibaba, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Sector Diversification
The ETF is spread across multiple sectors like Technology, Health Care, and Consumer Cyclical, reducing reliance on any single industry.
Reasonable Expense Ratio
The ETF's expense ratio of 0.45% is competitive, making it a cost-effective choice for investors.
Negative Factors
High Geographic Concentration
Nearly 80% of the ETF's exposure is in U.S. companies, limiting diversification across global markets.
Mixed Short-Term Performance
The ETF's one-month performance has slightly declined, indicating potential volatility in the short term.
Small Asset Base
With relatively low assets under management, the ETF may face liquidity challenges or higher trading costs for investors.
ANEW vs. SPDR S&P 500 ETF (SPY)
AUM7.63M
RegionGlobal
Expense Ratio0.45%
Beta0.94
IssuerProShares
Inception DateOct 14, 2020
Dividend Yield0.54%
Asset ClassEquity
Index TrackedMSCI Global Transformational Changes Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume93
30 Day Avg. Volume231
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
61.02Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering126
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ANEW Summary
The ProShares MSCI Transformational Changes ETF (Ticker: ANEW) is an investment fund that focuses on companies driving major changes in technology, healthcare, clean energy, and other innovative areas. It follows the MSCI Global Transformational Changes Index and includes well-known companies like Nvidia and Apple. This ETF is ideal for investors looking to benefit from long-term growth trends and diversification across industries shaping the future. However, new investors should be aware that its performance can fluctuate with the market and is heavily influenced by sectors like technology and healthcare.
How much will it cost me?The ProShares MSCI Transformational Changes ETF (Ticker: ANEW) has an expense ratio of 0.45%, which means you’ll pay $4.50 per year for every $1,000 invested. This expense ratio is slightly higher than average because the fund is actively managed to focus on companies driving transformational changes across industries, requiring more research and specialized management.
What would affect this ETF?The ANEW ETF could benefit from continued advancements in technology, healthcare innovation, and global adoption of clean energy solutions, as these sectors are heavily represented in its holdings. However, it may face challenges from rising interest rates, which can impact growth-focused companies, and regulatory changes in key markets like China, where some top holdings are based. Global economic uncertainty could also affect consumer spending and corporate investments in transformational industries.
ANEW Top 10 Holdings
The ProShares MSCI Transformational Changes ETF (ANEW) is leaning heavily on innovation-driven sectors like healthcare and technology, with names like Eli Lilly and Alphabet providing steady growth thanks to strong pipelines and strategic investments in AI and pharmaceuticals. However, Meta Platforms has been lagging recently, weighed down by mixed performance and expense concerns. Meanwhile, International Flavors & Fragrances is struggling to find its footing, holding back the fund with financial challenges. With a global focus and thematic tilt, ANEW is a bet on the companies shaping tomorrow, though some holdings are facing headwinds.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| DoorDash | 2.40% | $182.95K | $100.83B | 38.15% | 76 Outperform | |
| Roche Holding AG | 2.31% | $176.25K | CHF263.28B | 43.76% | 73 Outperform | |
| Alphabet Class A | 2.20% | $168.04K | $3.79T | 62.64% | 85 Outperform | |
| Meta Platforms | 2.19% | $167.15K | $1.67T | 10.58% | 76 Outperform | |
| Eli Lilly & Co | 2.13% | $162.74K | $1.02T | 37.61% | 72 Outperform | |
| Nutrien | 2.13% | $162.23K | C$41.97B | 41.66% | 75 Outperform | |
| Danaher | 2.12% | $161.45K | $162.69B | -0.34% | 75 Outperform | |
| McCormick & Company | 2.09% | $159.69K | $18.49B | -10.54% | 73 Outperform | |
| International Flavors & Fragrances | 2.08% | $158.55K | $17.28B | -20.24% | 61 Neutral | |
| Becton Dickinson | 2.06% | $157.06K | $55.94B | -14.08% | 67 Neutral |
ANEW Technical Analysis
Positive
―
Price Trends
50.79
Negative
50.97
Negative
49.09
Positive
Market Momentum
-0.03
Negative
53.44
Neutral
90.84
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ANEW, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 50.55, equal to the 50-day MA of 50.79, and equal to the 200-day MA of 49.09, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 53.44 is Neutral, neither overbought nor oversold. The STOCH value of 90.84 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ANEW.
ANEW Peer Comparison
Comparison Results
Performance Comparison
ANEW
ProShares MSCI Transformational Changes ETF
50.77
5.79
12.87%
FFND
Future Fund Active ETF
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YNOT
Horizon Digital Frontier ETF
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NXTE
AXS Green Alpha ETF
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NBDS
Neuberger Berman Disrupters ETF
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DARP
Grizzle Growth Etf
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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