---
ticker: "ANEW"
name: "ProShares - MSCI Transformational Changes ETF"
url: "https://etf.net/etf/ANEW"
grade: "B"
score: 64
graded_at: "2026-10-12"
category: "Disruptive Innovation"
category_rank: "7 of 31"
methodology: "https://etf.net/methodology"
---

# ANEW: ProShares - MSCI Transformational Changes ETF

Grade **B**, Score 64 of 100. Rank 7 of 31 in Disruptive Innovation.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 93 | 2 of 31 |
| Mission | Not scored | — |
| Risk | 71 | 6 of 31 |
| Tradability | 11 | 30 of 31 |
| Holdings | 59 | 15 of 31 |
| Durability | 40 | 22 of 31 |

## Top holdings

The fund holds 147 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | MRNA | Moderna Inc | 2.64% |
| 2 | DHR | Danaher Corp | 2.50% |
| 3 | ABBV | AbbVie Inc | 2.48% |
| 4 | MSFT | Microsoft Corp | 2.44% |
| 5 | DASH | Doordash Inc - A | 2.37% |
| 6 | META | Meta Platforms Inc-Class A | 2.32% |
| 7 | IFF | Intl Flavors & Fragrances | 2.23% |
| 8 | LLY | Eli Lilly & Co | 2.19% |
| 9 | — | Givaudan-Reg | 2.19% |
| 10 | — | Symrise AG | 2.17% |
| 11 | ABT | Abbott Laboratories | 2.16% |
| 12 | AAPL | Apple Inc | 2.15% |
| 13 | DE | Deere & Co | 2.14% |
| 14 | — | Kerry Group Plc-A | 2.08% |
| 15 | BDX | Becton Dickinson and Co | 1.98% |
| 16 | NVDA | NVIDIA Corp | 1.94% |
| 17 | ROP | Roche Holding AG | 1.91% |
| 18 | AMZN | Amazon.com Inc | 1.89% |
| 19 | EW | Edwards Lifesciences Corp | 1.83% |
| 20 | ISRG | Intuitive Surgical Inc | 1.83% |
| 21 | VYLR | Vylor Inc | 1.81% |
| 22 | MKC | Mccormick & Co-Non Vtg Shrs | 1.80% |
| 23 | — | Taiwan Semiconductor Manufac | 1.77% |
| 24 | ADBE | Adobe Inc | 1.76% |
| 25 | GOOGL | Alphabet Inc-Cl A | 1.72% |
| 26 | — | Nintendo Co Ltd | 1.72% |
| 27 | — | Tencent Holdings Ltd | 1.70% |
| 28 | AVGO | Broadcom Inc | 1.63% |
| 29 | EBAY | Ebay Inc | 1.55% |
| 30 | ILMN | Illumina Inc | 1.52% |

Source: etf.net, https://etf.net/etf/ANEW. Please cite the page URL.