ANEW: PROSHARES MSCI TRANSFORMATIONAL CHANGES ETF
What this ETF is trying to do
The PROSHARES MSCI TRANSFORMATIONAL CHANGES ETF (ticker: ANEW) is an exchange-traded fund that holds a variety of different companies. This specific fund contains 164 total holdings. Because it holds so many different stocks, it provides exposure to many different businesses at once.
Some of its top holdings include Danaher Corp, Deere & Co, DoorDash Inc, AbbVie Inc, and Meta Platforms Inc. Please note that this is only a partial list of the largest companies in the fund; there are many more holdings not listed here.
What the numbers show
As of October 9, 2026, the current price of one share of ANEW is $54.68. An estimated price from roughly one year ago was about $52.48.
When looking at how this ETF has performed, it is important to understand two different numbers: price return and total return.
• Price return only tracks how much the share price itself went up or down.
• Total return includes both the change in share price and any cash distributions (dividends) paid out to investors.
Here is what the data shows:
• Year-to-Date (YTD): The price return is approximately 8.87%, while the total return is approximately 9.22%.
• One Year: The price return was approximately 4.20%, and the total return was approximately 4.75%.
• Three Years: The price return was approximately 59.46%, and the total return was approximately 63.00%.
Income and distribution explanation
Some investors look for ETFs that pay them cash regularly. This is called a "distribution." ANEW has a distribution yield of approximately 0.48%. This means the cash paid out is small compared to the total price of the ETF. Over the last year, the fund made four distributions, which usually happen every three months (quarterly).
It is important to remember that a distribution yield is not the same as your total return. While distributions provide cash, they are just one part of how an investment performs.
NAV erosion explanation
"NAV erosion" refers to a decline in the actual value of the assets held inside the ETF. Some investors worry about this because if the underlying value drops too much, it can be hard for the share price to recover.
For ANEW, the StockValueFinder erosion-risk score is 94, which is labeled as "Stable / sideways." The erosion severity is described as "good," and there is no severe erosion-risk flag. This means the measurements show the fund's value has been relatively stable.
Pros
• The ETF has shown positive price returns and total returns over the last year and the last three years.
• The erosion-risk score suggests the fund has been stable.
Cons
• The distribution yield is relatively low at approximately 0.48%.
Beginner takeaway
ANEW is an ETF that holds many different companies. When checking its performance, always look at both the price return and the total return to see the full picture. While it pays out cash distributions quarterly, the main growth has come from the increase in the share price itself.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | DANAHER CORP | DHR | 2.39% |
| 2 | MICROSOFT CORP | MSFT | 2.31% |
| 3 | ABBVIE INC | ABBV | 2.29% |
| 4 | MODERNA INC | MRNA | 2.29% |
| 5 | META PLATFORMS INC CLASS A | META | 2.27% |
| 6 | DEERE & CO | DE | 2.25% |
| 7 | DOORDASH INC ORDINARY SHARES CLASS A | DASH | 2.22% |
| 8 | INTERNATIONAL FLAVORS & FRAGRANCES INC | IFF | 2.17% |
| 9 | SYMRISE AG | n/a | 2.17% |
| 10 | GIVAUDAN SA | n/a | 2.15% |