ProShares MSCI Transformational Changes ETF (ANEW) belongs to the Large Cap Growth Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ANEW. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ANEW
ANEW charges 0.45% annually. There are 89 ETFs in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Growth ETF | 0.03% | 393.80B | Jan 2004 | ANEW vs VUG | |
| iShares Morningstar U.S. Equity ETF | 0.03% | 1.26B | Jun 2004 | ANEW vs ILCB | |
| Invesco PureBeta MSCI USA ETF | 0.04% | 11.34B | Sep 2017 | ANEW vs PBUS | |
| Schwab U.S. Large-Cap Growth ETF | 0.04% | 59.17B | Dec 2009 | ANEW vs SCHG | |
| iShares Core S&P U.S. Growth ETF | 0.04% | 32.19B | Jul 2000 | ANEW vs IUSG |
Best Risk-Adjusted Alternatives to ANEW
ANEW has a PortfoliosLab risk / return rank of 11. There are 166 ETFs in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Grizzle Growth ETF | 86 | 33.20M | Dec 2021 | ANEW vs DARP | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 85 | 267.72M | Aug 2017 | ANEW vs MFUS | |
| MarketDesk Focused U.S. Momentum ETF | 84 | 170.29M | Mar 2025 | ANEW vs FMTM | |
| Inspire 100 ETF | 84 | 495.57M | Oct 2017 | ANEW vs BIBL | |
| Impact Shares NAACP Minority Empowerment ETF | 84 | 59.00M | Jul 2018 | ANEW vs NACP |
Top Performing ANEW Alternatives (YTD)
ANEW is at -0.60% YTD. There are 175 ETFs in the Large Cap Growth Equities category with higher YTD returns, going as high as 49.84%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill Meme Stock ETF | 49.84% | 26.18M | Oct 2025 | ANEW vs MEME | |
| SMART Earnings Growth 30 ETF | 44.94% | 50.41M | Aug 2025 | ANEW vs SGRT | |
| Franklin Intelligent Machines ETF | 34.32% | 117.69M | Feb 2020 | ANEW vs IQM | |
| Invesco S&P 500 Pure Growth ETF | 30.55% | 2.27B | Mar 2006 | ANEW vs RPG | |
| MarketDesk Focused U.S. Momentum ETF | 30.28% | 170.29M | Mar 2025 | ANEW vs FMTM |
Lowest Volatility Alternatives to ANEW
ANEW has 13.69% 1-year volatility. There are 54 ETFs in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 7.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Core Alternative ETF | 7.56% | 39.10M | May 2017 | ANEW vs CCOR | |
| SPDR MSCI USA StrategicFactors ETF | 9.20% | 1.50B | Apr 2015 | ANEW vs QUS | |
| Invesco Dividend Achievers™ ETF | 9.49% | 774.52M | Sep 2005 | ANEW vs PFM | |
| iShares Core Dividend Growth ETF | 9.51% | 41.89B | Jun 2014 | ANEW vs DGRO | |
| T. Rowe Price Dividend Growth ETF | 9.76% | 1.36B | Aug 2020 | ANEW vs TDVG |
Lowest Drawdown Alternatives to ANEW
ANEW has a 1-year max drawdown of -16.12%. There are 132 ETFs in the Large Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -5.45%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverFront Dynamic US Dividend Advantage ETF | -5.45% | 85.26M | Jun 2016 | ANEW vs RFDA | |
| Hartford Multifactor US Equity ETF | -5.97% | 656.33M | Feb 2015 | ANEW vs ROUS | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | -6.39% | 267.72M | Aug 2017 | ANEW vs MFUS | |
| iShares Core Dividend Growth ETF | -6.47% | 41.89B | Jun 2014 | ANEW vs DGRO | |
| SPDR MSCI USA StrategicFactors ETF | -6.85% | 1.50B | Apr 2015 | ANEW vs QUS |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, BITO, QLD and span 10 categories. AUM among these funds goes as high as $40B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 51 | 39.27% | 39.74B | Feb 2010 | ANEW vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 1 | -32.58% | 1.42B | Oct 2021 | ANEW vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities | 52 | 28.38% | 14.59B | Jun 2006 | ANEW vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 47 | 16.62% | 5.36B | Jun 2009 | ANEW vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 50 | 12.57% | 8.02B | Jun 2006 | ANEW vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 30 | 6.93% | 11.27B | Oct 2013 | ANEW vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 82 | 83.22% | 3.28B | Jan 2007 | ANEW vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 1 | -40.47% | 1.83B | Feb 2010 | ANEW vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -23.04% | 265.17M | Oct 2011 | ANEW vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 1 | -61.44% | 340.85M | Apr 2024 | ANEW vs BITU |
Often Compared With ANEW
Investors most often compare ANEW with AIQ, SPMO, CLIX. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare ANEW with Any Fund or Stock
Compare ANEW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ANEW with funds that move differently
ProShares MSCI Transformational Changes ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ANEW.
Explore ANEW Diversifiers