ANEWProShares MSCI Transformational Changes ETF
ANEW Fund Description
ANEW tracks a market-cap-weighted index of global stocks that benefit from “transformational changes” in people’s work, health care, consumption, and connection.
ANEW Factset Analytics Insight
ANEW provides exposure to firms that derive the bulk of their revenues from four “transformational change” themes — Future of Work, Digital Consumer, Food Revolution, and Genomics and Telehealth. The relevant firms from multi-sectors involve cybersecurity, cloud computing, internet of things, machine learning and AI, e-gaming, social media, plant-based foods, agricultural and food delivery technology, gene editing and therapy, biosecurity and zoonotic disease (disease transmitted between animals and humans) mitigation, bio hardware, bioinformatics, and digital health and remote care. These firms may come from 23 Developed and 26 Emerging Market countries. The index selects stocks by assigning a “Relevance Score” using natural language processing for keyword searches relating to the themes and is weighted by the Relevance Score and market cap. The four themes are equally weighted with each stock subject to a 2% cap. The Index undergoes semi-annual review starting each May.
ANEW Summary Data
ANEW Portfolio Data
ANEW Index Data
ANEW Portfolio Management
ANEW Tax Exposures
ANEW Fund Structure
ANEW Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ANEW. ANEW is rated a 4 out of 5.
ANEW Sector/Industry Breakdown
ANEW Economic Development
ANEW Performance Statistics
ANEW Benchmark Comparison Summary
ANEW Benchmark Comparison Market Cap Size