ANEW ETF is a passive product designed to track the MSCI Global Transformational Changes Index. The index uses inclusion criteria tied to companies associated with shifts in how people live, work, and consume across multiple themes.

It is suited to long-term, diversified investors who want broad access to several growth themes while accepting the volatility of specific themes and foreign equities.

This ETF is managed by ProShares on a passive (index-tracking) basis.

The fund holds global companies linked to the future of work, genomics and telehealth, digital consumers, and food innovation, based on the index's inclusion criteria. The official holdings list features listed equities from different industries such as DASH, ABT, DHR, ABBV, and LLY, aiming for broader theme diversification than a single technology area.

• Simultaneous exposure to multiple transformation themes
• Diversification across global companies and industries

Assets under management (AUM) stand at $8.1M, and the total expense ratio is 0.45% annually.

Because trading conditions and bid-ask spreads for thematic products can vary with market conditions, it is worth reviewing how to buy and sell the fund as well. Fee drag can compound over longer holding periods, so the expense ratio serves as a useful comparison benchmark.

Performance can be shaped by growth expectations, corporate earnings, technological change, and shifts in consumer behavior. A multi-theme structure may help buffer shocks to any single industry, but it can also mean that valuation shifts across growth equities are reflected simultaneously.

Fund flows can vary with risk appetite for new technology investments and global equity markets. When interest diverges across themes such as telehealth, digital consumption, and food innovation, the contribution of individual holdings can also differ.

The fund provides access to multiple structural transformation themes in a single product, while also exposing investors to the volatility of growth equities and foreign markets.

The OBOR ETF shown in the comparison table is a separate product tracking a Belt-and-Road-related index, so when comparing it with ANEW ETF, the differences in investment theme and regional exposure should be reviewed first. OBOR ETF's expense ratio and AUM are separate items to verify, and ANEW ETF addresses multiple transformation themes within a single product, which sets a different basis for comparison. In addition, OBOR ETF may be more sensitive to flows tied to a specific region, whereas ANEW ETF can experience varying performance contributions from theme-specific companies and countries.

Before investing, theme composition, foreign equity exposure, and the cost structure should all be reviewed together. While the fund offers a broader composition than single-industry products, in periods of weakening growth expectations, multiple holdings can be affected simultaneously.

This product is affected by the performance of growth companies tied to structural transformation. The pace of technology development, the regulatory environment, shifts in consumer preferences, and foreign-market volatility can all act on returns at the same time, and the possibility of principal loss should also be considered.

ANEW ETF can be a subject of analysis for investors looking to examine multiple transformation themes within a single index-based product. However, rather than viewing the themes solely through the lens of long-term potential, investors should compare the fee burden, trading conditions, and country- and industry-level exposures alongside their own investment horizon.

The fund provides access to multiple structural transformation themes in a single product, while also exposing investors to the volatility of growth equities and foreign markets.

The OBOR ETF shown in the comparison table is a separate product tracking a Belt-and-Road-related index, so when comparing it with ANEW ETF, the differences in investment theme and regional exposure should be reviewed first. OBOR ETF's expense ratio and AUM are separate items to verify, and ANEW ETF addresses multiple transformation themes within a single product, which sets a different basis for comparison. In addition, OBOR ETF may be more sensitive to flows tied to a specific region, whereas ANEW ETF can experience varying performance contributions from theme-specific companies and countries.

Before investing, theme composition, foreign equity exposure, and the cost structure should all be reviewed together. While the fund offers a broader composition than single-industry products, in periods of weakening growth expectations, multiple holdings can be affected simultaneously.

This product is affected by the performance of growth companies tied to structural transformation. The pace of technology development, the regulatory environment, shifts in consumer preferences, and foreign-market volatility can all act on returns at the same time, and the possibility of principal loss should also be considered.

ANEW ETF can be a subject of analysis for investors looking to examine multiple transformation themes within a single index-based product. However, rather than viewing the themes solely through the lens of long-term potential, investors should compare the fee burden, trading conditions, and country- and industry-level exposures alongside their own investment horizon.