ANEW vs. BBUS
Compare and contrast key facts about ProShares MSCI Transformational Changes ETF (ANEW) and JP Morgan Betabuilders U.S. Equity ETF (BBUS).
ANEW and BBUS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ANEW is a passively managed fund by ProShares that tracks the performance of the MSCI Global Transformational Changes Index. It was launched on Oct 14, 2020. BBUS is a passively managed fund by JPMorgan that tracks the performance of the Morningstar US Target Market Exposure Index. It was launched on Mar 12, 2019. Both ANEW and BBUS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
ANEW vs. BBUS - Performance Comparison
Loading graphics...
ANEW vs. BBUS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ANEW ProShares MSCI Transformational Changes ETF | -9.00% | 12.01% | 19.37% | 22.81% | -29.62% | 6.95% | 5.77% |
BBUS JP Morgan Betabuilders U.S. Equity ETF | -4.04% | 17.77% | 24.89% | 27.20% | -19.46% | 27.13% | 8.77% |
Returns By Period
In the year-to-date period, ANEW achieves a -9.00% return, which is significantly lower than BBUS's -4.04% return.
ANEW
- 1D
- 0.63%
- 1M
- -6.94%
- YTD
- -9.00%
- 6M
- -11.62%
- 1Y
- 2.04%
- 3Y*
- 10.33%
- 5Y*
- 1.88%
- 10Y*
- —
BBUS
- 1D
- 0.73%
- 1M
- -4.30%
- YTD
- -4.04%
- 6M
- -2.01%
- 1Y
- 17.87%
- 3Y*
- 18.60%
- 5Y*
- 11.41%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ANEW vs. BBUS - Expense Ratio Comparison
ANEW has a 0.45% expense ratio, which is higher than BBUS's 0.02% expense ratio.
Return for Risk
ANEW vs. BBUS — Risk / Return Rank
ANEW
BBUS
ANEW vs. BBUS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares MSCI Transformational Changes ETF (ANEW) and JP Morgan Betabuilders U.S. Equity ETF (BBUS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ANEW | BBUS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.11 | 0.98 | -0.87 |
Sortino ratioReturn per unit of downside risk | 0.30 | 1.50 | -1.20 |
Omega ratioGain probability vs. loss probability | 1.04 | 1.23 | -0.19 |
Calmar ratioReturn relative to maximum drawdown | 0.14 | 1.51 | -1.37 |
Martin ratioReturn relative to average drawdown | 0.47 | 7.01 | -6.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ANEW | BBUS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.11 | 0.98 | -0.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.67 | -0.57 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.73 | -0.56 |
Correlation
The correlation between ANEW and BBUS is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
ANEW vs. BBUS - Dividend Comparison
ANEW's dividend yield for the trailing twelve months is around 0.69%, less than BBUS's 1.13% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ANEW ProShares MSCI Transformational Changes ETF | 0.69% | 0.54% | 1.08% | 0.87% | 1.05% | 0.24% | 0.04% | 0.00% |
BBUS JP Morgan Betabuilders U.S. Equity ETF | 1.13% | 1.07% | 1.21% | 1.38% | 1.57% | 1.11% | 1.43% | 1.37% |
Drawdowns
ANEW vs. BBUS - Drawdown Comparison
The maximum ANEW drawdown since its inception was -39.87%, which is greater than BBUS's maximum drawdown of -35.35%. Use the drawdown chart below to compare losses from any high point for ANEW and BBUS.
Loading graphics...
Drawdown Indicators
| ANEW | BBUS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.87% | -35.35% | -4.52% |
Max Drawdown (1Y)Largest decline over 1 year | -16.12% | -12.12% | -4.00% |
Max Drawdown (5Y)Largest decline over 5 years | -39.87% | -25.46% | -14.41% |
Current DrawdownCurrent decline from peak | -13.44% | -5.86% | -7.58% |
Average DrawdownAverage peak-to-trough decline | -13.56% | -5.57% | -7.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.91% | 2.61% | +2.30% |
Volatility
ANEW vs. BBUS - Volatility Comparison
ProShares MSCI Transformational Changes ETF (ANEW) and JP Morgan Betabuilders U.S. Equity ETF (BBUS) have volatilities of 5.44% and 5.39%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ANEW | BBUS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.44% | 5.39% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 10.30% | 9.54% | +0.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.56% | 18.33% | +0.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.83% | 17.04% | +1.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.94% | 19.75% | -0.81% |