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ANEW vs AGOX

ProShares MSCI Transformational Changes ETF vs Adaptive Alpha Opportunities ETF

ANEW

ProShares MSCI Transformational Changes ETF

Annual cost

0.45%

Fund size

$8M

AGOX

Adaptive Alpha Opportunities ETF

Annual cost

1.33%

Fund size

$387M

Key differences

ANEW is an equity ETF, while AGOX is an alternative ETF. ANEW charges 0.45% a year and AGOX 1.33%.

  • ANEW is an equity fund, while AGOX is an alternative fund. They carry different risk/return profiles.
  • ANEW follows a index tracking strategy; AGOX uses active selection.
  • ANEW costs 0.88% less per year.
  • AGOX is much larger than ANEW. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, AGOX has delivered higher annualized returns.
  • AGOX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ANEWAGOX
Annual cost (TER)0.45%1.33%
Fund size (AUM)$8M$387M
Since20202012
Dividend yield0.61%0.00%
Asset classequityalternative
Region
Strategyindex trackingactive selection
CAGR 1Y+2.8%+25.5%
CAGR 3Y+13.8%+18.8%
CAGR 5Y+3.5%+8.3%
Sharpe 3Y0.680.79
Volatility 1Y13.47%18.39%
Max drawdown-39.87%-27.72%

Similar to ANEW and AGOX