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ANEW vs CGBL

ProShares MSCI Transformational Changes ETF vs Capital Group Core Balanced ETF

ANEW

ProShares MSCI Transformational Changes ETF

Annual cost

0.45%

Fund size

$8M

CGBL

Capital Group Core Balanced ETF

Annual cost

0.33%

Fund size

$6.7B

Key differences

ANEW is an equity ETF, while CGBL is a mixed asset ETF. ANEW charges 0.45% a year and CGBL 0.33%.

  • ANEW is an equity fund, while CGBL is a mixed asset fund. They carry different risk/return profiles.
  • ANEW follows a index tracking strategy; CGBL uses active selection.
  • CGBL costs 0.12% less per year.
  • CGBL is much larger than ANEW. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

ANEWCGBL
Annual cost (TER)0.45%0.33%
Fund size (AUM)$8M$6.7B
Since20202023
Dividend yield0.61%1.86%
Asset classequitymixed asset
Region
Strategyindex trackingactive selection
CAGR 1Y+2.8%+15.7%
CAGR 3Y+13.8%N/A
CAGR 5Y+3.5%N/A
Sharpe 3Y0.68N/A
Volatility 1Y13.47%9.86%
Max drawdown-39.87%-11.66%

Similar to ANEW and CGBL