ProShares MSCI Transformational Changes ETF (ANEW)

Overview

The ProShares MSCI Transformational Changes ETF (ANTE) seeks to track companies poised to benefit from long-term transformational changes in the global economy, focusing on themes like the Future of Work, Genomic & Medical Breakthroughs, Digital Transformation, and the Future Consumer.

Reputation and Reliability

ProShares is a well-known issuer specializing in leveraged and inverse ETFs, as well as thematic ETFs, with a solid reputation for innovation and providing diverse investment tools.

Management Expertise

ProShares has a dedicated investment team with expertise in structuring and managing ETFs, applying quantitative analysis, and tracking specific market indices.

Goal

The investment objective of ANTE is to seek investment results, before fees and expenses, that track the performance of the MSCI Global Transformational Changes Index.

Investment Approach and Strategy

Strategy: ANTE aims to track the MSCI Global Transformational Changes Index, which includes companies that are expected to benefit from disruptive global changes.

Composition ANTE's holdings primarily consist of equity securities across various sectors linked to transformational themes, including technology, healthcare, and consumer discretionary.

Market Share: ANTE holds a small market share compared to broader market ETFs and those in the thematic category, reflecting its focused investment approach.

Total Net Assets (AUM): 45190000

Key Competitors

• ARK Innovation ETF (ARKK)
• Global X Disruptive Technology ETF (CLOU)
• ROBO Global Robotics and Automation Index ETF (ROBO)

Competitive Landscape

The thematic ETF landscape is competitive, with many ETFs focusing on different innovation themes. ANTE's focus on the MSCI Global Transformational Changes Index differentiates it, but it faces competition from larger, more established thematic ETFs. ANTE advantages include strategic focus and diversified holdings. Disadvantages include limited track record compared to established competitors.

Historical Performance: Historical performance can be found on financial websites such as Yahoo Finance, and ETF.com. Search by the ETF symbol.

Benchmark Comparison: ANTE's performance should be compared to the MSCI Global Transformational Changes Index to assess its tracking efficiency.

Expense Ratio: 0.0058

Average Trading Volume

ANTE's average trading volume is relatively low, which can impact the ease of buying and selling shares.

Bid-Ask Spread

ANTE's bid-ask spread is typically moderate but can widen during periods of market volatility.

Market Environment Factors

Economic growth, technological advancements, and changing consumer preferences influence ANTE's performance. Market volatility and sector-specific trends impact individual holdings.

Growth Trajectory

ANTE's growth trajectory depends on the performance of its underlying holdings and the continued adoption of transformational technologies and shifts in consumer behavior. Strategy remains consistent.

Competitive Edge

ANTE offers a differentiated approach by focusing on companies poised to benefit from broad transformational changes rather than specific technologies. Its investment process centers on identifying and tracking the MSCI Global Transformational Changes Index. The ETF provides exposure to a diverse range of companies across several thematic areas. This allows investors to participate in the growth potential of transformative industries without being overly concentrated in any single sector.

Volatility

ANTE's volatility can be moderate to high, reflecting the growth-oriented nature of its underlying holdings.

Market Risk

ANTE is susceptible to market risk and sector-specific risks related to its underlying holdings, including technology, healthcare, and consumer discretionary sectors.

Ideal Investor Profile

ANTE is suitable for investors seeking exposure to companies poised to benefit from long-term transformational changes in the global economy. Investors with a long-term investment horizon and a tolerance for moderate to high volatility.

Market Risk

ANTE is best suited for long-term investors who understand and are comfortable with the risks associated with thematic investing.

ProShares MSCI Transformational Changes ETF aims to track companies positioned to benefit from long-term global changes, offering exposure to innovative sectors. With a moderate expense ratio, it provides a focused investment strategy for investors seeking thematic exposure. While the ETF's AUM and liquidity are modest, it is still a viable option for those with long-term investments. It could be suitable for portfolios with a long-term outlook but not for active traders because of its lower liquidity.

Data Sources:

• ProShares website
• ETF.com
• Yahoo Finance

Disclaimers:

This analysis is for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.