ProShares MSCI Transformational Changes ETF invests in companies which may benefit from transformational changes in how we work, take care of our health, and consume and connect—changes accelerated by COVID-19.
Companies in ANEW are involved in one or more of four Transformational Changes.
ProShares MSCI Transformational Changes ETF
ANEW
Future of Work
Genomics & Telehealth
Digital Consumer
Food Revolution
Future of Work
Cutting-edge technology that augments human work is no longer the realm of science fiction—it’s a business imperative.
The Future of Work incorporates efficiency-enhancing technologies like artificial intelligence and robotics with those facilitating working from home, including video conferencing, cyber security and cloud applications.
Genomics & Telehealth
Healthcare is primed for transformation—from new research and medical breakthroughs to tech-enabled innovations in the healthcare we receive and how we receive it.
This is the tip of the iceberg—innovations in diagnostics, genetic treatments, personalized medicine and information management could unlock massive cost savings.
Digital Consumer
Skyrocketing internet connectivity is disrupting how people spend their time and money—on shopping, gaming, and leisure.
E-commerce is gaining ground with consumers. Gaming platforms
and mobile devices are offering new experiences and products—including video games and streaming—to capture wallet share.
Food Revolution
How the world meets its requirements for food and nutrition—and the need to secure our food supply chain from threats like coronavirus—is propelling advances in agricultural technology and sustainable and responsible farming.
Food innovation is creating opportunity across the value chain including plant-based foods, smart farming, seed science and food and grocery delivery.
ANEW
ANEW tracks the MSCI Global Transformational Changes Index, which includes U.S., non-U.S., developed, and emerging market companies providing products or services associated with one or more of the four Transformational Changes.
ProShares MSCI Transformational Changes ETF
A World of Change in One ETF
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DISCLOSURE
This is not intended to be investment advice.
Any forward-looking statements herein are based on expectations of ProShare Advisors LLC at this time. ProShares Advisors LLC undertakes no duty to update or revise any forward-looking statements as a result of new information, future events or otherwise.
Investing is currently subject to additional risks and uncertainties related to COVID-19, including general economic, market and business conditions; changes in laws or regulations or other actions made by governmental authorities or regulatory bodies; and world economic and political developments.
There is no guarantee any ProShares ETF will achieve its investment objective.
Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns.
Investing involves risk, including the possible loss of principal. This ProShares ETF is diversified and entails certain risks, including imperfect benchmark correlation and market price variance, that may decrease performance. Please see their summary and full prospectuses for a more complete description of risks.
Natural or environmental disasters, such as earthquakes, fires, floods, hurricanes, tsunamis and other severe weather-related phenomena generally, and widespread disease, including pandemics and epidemics (for example, the novel coronavirus COVID-19), have been and can be highly disruptive to economies and markets and have recently led, and may continue to lead, to increased market volatility and significant market losses. Global economic shocks may cause the underlying assumptions and expectations of some funds to become outdated quickly or inaccurate. Impacts from these risks could have a significant impact on fund operations and performance, resulting in losses to your investment.
The fund concentrates its investments in certain sectors. Narrowly focused investments typically exhibit higher volatility.
International investments may involve risks from: geographic concentration, differences in valuation and valuation times, unfavorable fluctuations in currency, differences in generally accepted accounting principles, and from economic or political instability.
Emerging markets are riskier than more developed markets because they may develop unevenly or may never fully develop. Investments in emerging markets are considered speculative.
Technology companies may be subject to intense competition, product obsolescence, general economic conditions and government regulation and may have limited product lines, markets, financial resources or personnel.
Investments in the consumer discretionary and retailing industries are subject to risks such as changes in domestic and international economies, interest rates, competition and consumer confidence; disposable household income; consumer tastes and preferences; intense competition; changing demographics; marketing and public perception; and dependence on third-party suppliers and distribution systems.
Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.
"MSCI," "MSCI Inc." and "MSCI Index" are service marks of MSCI and have been licensed for use by ProShares. ProShares have not been passed on by MSCI or its affiliates as to their legality or suitability. ProShares based on MSCI indexes are not sponsored, endorsed, sold or promoted by MSCI or its affiliates, and they make no representation regarding the advisability of investing in ProShares. THIS ENTITY AND ITS AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.
ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.
Your use of this site signifies that you accept our Terms and Conditions of Use.
54%
Of CFOs in the United States plan to make remote work a permanent option.
75%
Of Fortune 500 CEOs plan
to accelerate the technological transformation of their company.
$214 billion
Estimated size of the global automation market in 2021.
Sources: PwC, “PwC U.S. CFO Pulse Survey,” June 2020; Fortune, “Fortune 500 CEO Survey,” May 2020; UBS CIO Global Wealth Management Research, "Longer Term Investments: Automation and Robotics,” February 2020
Future of Work Holdings
99% decline
In cost of sequencing a human genome since the first in 2003.
Sources: McKinsey & Company, “The Era of Exponential Improvement in Healthcare?” May 2019; National Human Genome Research Institute, “The Cost of Sequencing a Human Genome,” August 2020; Grandview Research, “Telemedicine Market Size, Share, Growth Report, 2020-2027,” April 2020
Genomics & Telehealth Holdings
Projected size of the global telemedicine market by 2027, up from an estimated $41 billion in 2019.
–Report: Telehealth transformation: COVID-19 and
the rise of virtual care
$200 billion
Revenue
Sources: Statista, “Retail E-Commerce Sales Worldwide from 2014 to 2023,” June 2019; Newzoo, “2020 Global Games Market Report,” 2020
E-Gaming
Global projections by 2023:
$6 trillion
Sales
E-Commerce
Digital Consumer Holdings
Source: UBS CIO Global Wealth Management Research, “The Food Revolution,” July 2019
Food Revolution Holdings
15%
Projected compound annual growth rate
The era of high-tech food is here.
Global Food Innovation Market (2018-2030)
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CAGR defined as compound annual growth rate
$155 billion
DISCLOSURE
This is not intended to be investment advice. There is no guarantee forecasts will be met.
There is no guarantee any ProShares ETF will achieve its investment objective.
Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns.
Investing involves risk, including the possible loss of principal. This ProShares ETF is subject to certain risks, including imperfect benchmark correlation and market price variance, that may decrease performance. Please see its summary and full prospectuses for a more complete description of risks.
Natural or environmental disasters, including pandemics and epidemics have been, and can be, highly disruptive to economies and markets and have recently led, and may continue to lead, to increased market volatility and significant market losses.
Investments in the health care equipment and services industry, the software and services industry, and the media and entertainment industry are subject to a number of risks, including risks associated with limited product lines, technological developments, regulatory changes, the impact of research and development costs, and changing consumer preferences.
The fund concentrates its investments in certain sectors. Narrowly focused investments typically exhibit higher volatility.
Investments in non-U.S. securities may involve risks different from U.S. securities, including risks from geographic concentration, differences in valuation and valuation times, unfavorable fluctuations in currency, differences in generally accepted accounting principles, and from economic or political instability.
Investments in emerging markets generally are less liquid, more volatile and riskier than investments in more developed markets and are considered to be speculative.
Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.
"MSCI," "MSCI Inc." and "MSCI Index" are service marks of MSCI and have been licensed for use by ProShares. ProShares have not been passed on by MSCI or its affiliates as to their legality or suitability. ProShares based on MSCI indexes are not sponsored, endorsed, sold or promoted by MSCI or its affiliates, and they make no representation regarding the advisability of investing in ProShares. THIS ENTITY AND ITS AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.
ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.
Your use of this site signifies that you accept our Terms and Conditions of Use.
DISCLOSURE
This is not intended to be investment advice. There is no guarantee forecasts will be met.
There is no guarantee any ProShares ETF will achieve its investment objective.
Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns.
Investing involves risk, including the possible loss of principal. This ProShares ETF is subject to certain risks, including imperfect benchmark correlation and market price variance, that may decrease performance. Please see its summary and full prospectuses for a more complete description of risks.
Natural or environmental disasters, including pandemics and epidemics have been, and can be, highly disruptive to economies and markets and have recently led, and may continue to lead, to increased market volatility and significant market losses.
Investments in the health care equipment and services industry, the software and services industry, and the media and entertainment industry are subject to a number of risks, including risks associated with limited product lines, technological developments, regulatory changes, the impact of research and development costs, and changing consumer preferences.
The fund concentrates its investments in certain sectors. Narrowly focused investments typically exhibit higher volatility.
Investments in non-U.S. securities may involve risks different from U.S. securities, including risks from geographic concentration, differences in valuation and valuation times, unfavorable fluctuations in currency, differences in generally accepted accounting principles, and from economic or political instability.
Investments in emerging markets generally are less liquid, more volatile and riskier than investments in more developed markets and are considered to be speculative.
Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.
"MSCI," "MSCI Inc." and "MSCI Index" are service marks of MSCI and have been licensed for use by ProShares. ProShares have not been passed on by MSCI or its affiliates as to their legality or suitability. ProShares based on MSCI indexes are not sponsored, endorsed, sold or promoted by MSCI or its affiliates, and they make no representation regarding the advisability of investing in ProShares. THIS ENTITY AND ITS AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.
ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.
Your use of this site signifies that you accept our Terms and Conditions of Use.