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Sunday, 02/14/2021 11:58:52 PM

Sunday, February 14, 2021 11:58:52 PM

Post# of 123
>>> ProShares MSCI Transformational Changes ETF (ANEW) -


https://www.insidermonkey.com/blog/15-best-innovative-stocks-to-buy-according-to-hedge-funds-917886/


MSCI’s Global Transformational Changes Index tracks the performance of “a set of companies that are expected to derive significant revenue from one or more of four themes: Future of Work, Digital Consumer, Genomics & Telehealth and Food Revolution.” This Index of innovative stocks returned 38.7% in 2020 and outperformed the S&P 500 Index by more than 20 percentage points. Broad market index funds give investors only a small exposure to technologically innovative stocks. That’s why MSCI’s Global Transformational Changes Index was able to beat the market by a very large margin last year.

ProShares MSCI Transformational Changes ETF (ANEW) tracks the performance of MSCI’s Index by investing in the same companies using the same weights utilized by MSCI’s index. As of January 27th ANEW had more than 150 stocks among its holdings and its two biggest holdings were Alnylam Pharmaceuticals, Inc. (ALNY) and Apple Inc (AAPL). Both of these stocks had a weight of 2.15% in the ETF. The top 50 holdings of ANEW accounted for 74% of the ETF.

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