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 106 ETFs in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| JP Morgan Betabuilders U.S. Equity ETF | 0.02% | 8.38B | Mar 2019 | ANEW vs BBUS | |
| iShares Core S&P Total U.S. Stock Market ETF | 0.03% | 93.42B | Jan 2004 | ANEW vs ITOT | |
| Vanguard Growth ETF | 0.03% | 365.00B | Jan 2004 | ANEW vs VUG | |
| iShares Morningstar U.S. Equity ETF | 0.03% | 1.28B | Jun 2004 | ANEW vs ILCB | |
| Schwab U.S. Large-Cap Growth ETF | 0.04% | 61.08B | Dec 2009 | ANEW vs SCHG |
Best Risk-Adjusted Alternatives to ANEW
ANEW has a PortfoliosLab risk / return rank of 15. There are 189 ETFs in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Grizzle Growth ETF | 91 | 15.25M | Dec 2021 | ANEW vs DARP | |
| Wahed FTSE USA Shariah ETF | 88 | 555.00M | Jul 2019 | ANEW vs HLAL | |
| Impact Shares NAACP Minority Empowerment ETF | 88 | 59.00M | Jul 2018 | ANEW vs NACP | |
| US Vegan Climate ETF | 86 | 134.13M | Sep 2019 | ANEW vs VEGN | |
| RiverFront Dynamic US Dividend Advantage ETF | 83 | 87.48M | Jun 2016 | ANEW vs RFDA |
Top Performing ANEW Alternatives (YTD)
ANEW is at 1.92% YTD. There are 202 ETFs in the Large Cap Growth Equities category with higher YTD returns, going as high as 79.03%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill Meme Stock ETF | 79.03% | 29.99M | Oct 2025 | ANEW vs MEME | |
| SMART Earnings Growth 30 ETF | 51.46% | 50.41M | Aug 2025 | ANEW vs SGRT | |
| Franklin Intelligent Machines ETF | 40.18% | 87.87M | Feb 2020 | ANEW vs IQM | |
| Golden Eagle Dynamic Hypergrowth ETF | 34.38% | 6.41M | Sep 2025 | ANEW vs HYP | |
| Grizzle Growth ETF | 32.67% | 15.25M | Dec 2021 | ANEW vs DARP |
Lowest Volatility Alternatives to ANEW
ANEW has 13.19% 1-year volatility. There are 77 ETFs in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 6.93%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Core Alternative ETF | 6.93% | 39.10M | May 2017 | ANEW vs CCOR | |
| WisdomTree US LargeCap Dividend ETF | 8.87% | 6.04B | Jun 2006 | ANEW vs DLN | |
| SPDR MSCI USA StrategicFactors ETF | 9.09% | 1.64B | Apr 2015 | ANEW vs QUS | |
| TCW Durable Growth ETF | 9.26% | 74.58M | May 2024 | ANEW vs GRW | |
| Invesco Dividend Achievers™ ETF | 9.47% | 780.82M | Sep 2005 | ANEW vs PFM |
Lowest Drawdown Alternatives to ANEW
ANEW has a 1-year max drawdown of -16.12%. There are 153 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% | 87.48M | Jun 2016 | ANEW vs RFDA | |
| Hartford Multifactor US Equity ETF | -5.97% | 632.73M | Feb 2015 | ANEW vs ROUS | |
| WisdomTree US LargeCap Dividend ETF | -6.10% | 6.04B | Jun 2006 | ANEW vs DLN | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | -6.39% | 251.20M | Aug 2017 | ANEW vs MFUS | |
| iShares Core Dividend Growth ETF | -6.47% | 40.46B | Jun 2014 | ANEW vs DGRO |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, BITO, QLD and span 7 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 | 71 | 64.46% | 39.77B | Feb 2010 | ANEW vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 2 | -26.37% | 1.70B | Oct 2021 | ANEW vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities | 69 | 42.06% | 14.46B | Jun 2006 | ANEW vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 62 | 27.90% | 5.55B | Jun 2009 | ANEW vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 62 | 19.37% | 8.38B | Jun 2006 | ANEW vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | S&P 500, Dividend | 22 | 3.51% | 11.07B | Oct 2013 | ANEW vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 90 | 114.00% | 3.05B | Jan 2007 | ANEW vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities | 0 | -45.27% | 2.23B | Feb 2010 | ANEW vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -19.06% | 398.99M | Oct 2011 | ANEW vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 2 | -52.92% | 446.55M | Apr 2024 | ANEW vs BITU |
Often Compared With ANEW
Investors most often compare ANEW with AIQ, SPMO, CLIX. These 20 comparison targets span 11 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