- ISIN
- US74347G7960
- CUSIP
- 74347G796
- Issuer
- ProShares
- Inception Date
- Oct 14, 2020
- Region
- Developed Markets (Broad)
- Category
- Large Cap Growth Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- MSCI Global Transformational Changes Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $8M
Share Price Chart
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Performance
ANEW Performance Chart
ProShares MSCI Transformational Changes ETF (ANEW) is up 0.2% since the beginning of the year. ANEW is currently trading at $50 per share. Investors who bought $1,000 worth of ANEW shares 5 years ago would now be looking at an investment worth $1,153.
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Returns By Period
ProShares MSCI Transformational Changes ETF (ANEW) has returned 0.20% so far this year and 4.63% over the past 12 months.
ProShares MSCI Transformational Changes ETF
- 1D
- -0.69%
- 1M
- -0.41%
- YTD
- 0.20%
- 6M
- -0.83%
- 1Y
- 4.63%
- 3Y*
- 12.56%
- 5Y*
- 2.88%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
ANEW Monthly Returns History
Based on dividend-adjusted daily data since Oct 16, 2020, ANEW's average daily return is +0.03%, while the average monthly return is +0.51%. At this rate, an investment would double in approximately 11.4 years.
Historically, 54% of months were positive and 46% were negative. The best month was Nov 2023 with a return of +9.8%, while the worst month was Apr 2022 at -11.0%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 6 months.
On a daily basis, ANEW closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +9.5%, while the worst single day was Apr 4, 2025 at -5.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.51% | -1.23% | -7.97% | 6.73% | 6.12% | -2.17% | 0.20% | ||||||
| 2025 | 6.50% | -0.99% | -5.52% | 2.04% | 4.83% | 4.73% | 0.03% | 1.19% | 1.76% | -0.22% | -0.80% | -1.55% | 12.01% |
| 2024 | 0.75% | 4.41% | 3.51% | -4.85% | 4.63% | 2.18% | 0.49% | 3.24% | 3.83% | -1.07% | 4.59% | -3.31% | 19.37% |
| 2023 | 9.23% | -3.66% | 5.75% | -0.46% | 0.29% | 5.93% | 4.12% | -4.56% | -6.09% | -4.12% | 9.77% | 6.25% | 22.81% |
| 2022 | -9.35% | -4.49% | 2.35% | -11.03% | -1.90% | -8.44% | 7.44% | -4.58% | -10.17% | 4.89% | 7.53% | -4.33% | -29.62% |
| 2021 | 2.62% | 0.25% | -2.09% | 4.82% | -1.86% | 5.71% | -0.45% | 3.41% | -6.03% | 3.51% | -2.29% | -0.21% | 6.95% |
Benchmark Metrics
ProShares MSCI Transformational Changes ETF has an annualized alpha of -8.39%, beta of 1.02, and R2 of 0.83 versus S&P 500 Index. Calculated based on daily prices since October 16, 2020.
- This ETF participated in 115.81% of S&P 500 Index downside but only 79.16% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -8.39% versus S&P 500 Index - delivering less than market exposure alone would predict.
- With beta of 1.02 and R2 of 0.83, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -8.39%
- Beta
- 1.02
- R²
- 0.83
- Upside Capture
- 79.16%
- Downside Capture
- 115.81%
Expense Ratio
ANEW has an expense ratio of 0.45%, placing it in the medium range.
Return for Risk
Risk / Return Rank
ANEW ranks 12 for risk / return — in the bottom 12% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for ProShares MSCI Transformational Changes ETF (ANEW) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ANEW | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.69 | ||
| Sortino ratioReturn per unit of downside risk | -2.19 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.37 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 0.29 | 2.78 | -2.50 |
| Martin ratioReturn relative to average drawdown | 0.81 | 12.44 | -11.62 |
Dividends
Dividend History
ProShares MSCI Transformational Changes ETF provided a 0.62% dividend yield over the last twelve months, with an annual payout of $0.31 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.31 | $0.27 | $0.49 | $0.33 | $0.33 | $0.11 | $0.02 |
Dividend yield | 0.62% | 0.54% | 1.08% | 0.87% | 1.05% | 0.24% | 0.04% |
Monthly Dividends
The table displays the monthly dividend distributions for ProShares MSCI Transformational Changes ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.04 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.10 | $0.27 |
| 2024 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.32 | $0.49 |
| 2023 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.09 | $0.33 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.33 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.04 | $0.11 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the ProShares MSCI Transformational Changes ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ProShares MSCI Transformational Changes ETF was 39.87%, occurring on Oct 14, 2022. Recovery took 536 trading sessions.
The current ProShares MSCI Transformational Changes ETF drawdown is 4.68%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -39.87%Oct 2022 | 1y 1mo | 2y 1mo | 3y 2moSep 2021 - Dec 2024 |
2025 selloff2025 | -20.26%Apr 2025 | 1mo 17d | 2mo 19d | 4mo 6dFeb 2025 - Jun 2025 |
2026 correction2026 | -16.12%Mar 2026 | 5mo 3d | — | 7mo 28dOct 2025 - now |
2021 correction2021 | -13.59%Mar 2021 | 20d | 5mo 20d | 6mo 10dFeb 2021 - Aug 2021 |
2020 pullback2020 | -7.76%Oct 2020 | 14d | 1mo 1d | 1mo 15dOct 2020 - Nov 2020 |
Drawdown Indicators
| ANEW | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.87% | -56.78% | +16.91% |
Max Drawdown (1Y)Largest decline over 1 year | -16.12% | -9.10% | -7.02% |
Max Drawdown (3Y)Largest decline over 3 years | -20.26% | -18.90% | -1.36% |
Max Drawdown (5Y)Largest decline over 5 years | -39.87% | -25.43% | -14.44% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -4.68% | -1.80% | -2.88% |
Average DrawdownAverage peak-to-trough decline | -13.29% | -10.71% | -2.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.70% | 2.03% | +3.67% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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