ANEW ETF — ProShares MSCI Transformational Changes ETF

ProShares MSCI Transformational Changes ETF (ANEW)

Updated October 12, 2026.

ANEW is an ETF. its distribution rate is 0.22%, its trailing-12-month yield is 0.48%, its expense ratio is 0.45%. Dividend Vision Distribution Safety Score™ is 52/100 (Caution). Total return is 42.7% over the past 6 years, 100.2 points behind SPY at 142.9%.

ProShares MSCI Transformational Changes ETF tracks an index designed to measure the performance of companies associated with transformational themes including the Future of Work, Digital Consumer, Genomic & Telehealth, and Food Revolution, with at least 80% of assets invested in index components or economically similar instruments. The fund carries a low expense ratio of 0.45% and distributes quarterly at a modest current rate. It appeals to equity investors seeking exposure to thematic growth trends rather than income-focused investors.

ANEW performance versus SPY

Price and return data through 2026-10-12.

Total return is 42.7% over the past 6 years, 100.2 points behind SPY at 142.9%. Over the past year its total return — price change plus distributions reinvested — is 7.9%. Its deepest 1-year drawdown was 16.1%.

ANEW key facts

Distribution Safety Score™

52 · Caution

Safety-Adjusted Yield

0.11%

Issuer

ProShares

Asset type

ETF

Asset class

Equity

Inception date

10/14/2020

Expense ratio

0.45%

Distribution rate

0.22%

Distribution frequency

Quarterly

Trailing yield

0.48%

Last close

$54.66 (stale; as of 2026-10-12)

AUM

$8,234,707

Average volume

7.0

Dividend

$0.029989

Ex-dividend date

09/23/2026

Payment date

09/29/2026

Beta

1.0

How Dividend Vision calculates yield and returns

Distribution rate (0.22%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.48%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: ProShares; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ANEW risks and drawbacks

ANEW's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 16.1%.

Who may consider ANEW — and who may not

It is a weaker fit for investors who need monthly cash flow (ANEW pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on ANEW

• All tickers starting with A

Frequently asked questions

More securities from ProShares.