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ANEW vs CWI

ProShares MSCI Transformational Changes ETF vs State Street SPDR MSCI ACWI ex-US ETF

ANEW

ProShares MSCI Transformational Changes ETF

Annual cost

0.45%

Fund size

$8M

CWI

State Street SPDR MSCI ACWI ex-US ETF

Annual cost

0.30%

Fund size

$2.8B

Key differences

Both ANEW and CWI are equity ETFs. ANEW charges 0.45% a year and CWI 0.30%. The main difference: CWI costs 0.15% less per year.

  • CWI costs 0.15% less per year.
  • CWI is much larger than ANEW. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, CWI has delivered higher annualized returns.
  • CWI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ANEWCWI
Annual cost (TER)0.45%0.30%
Fund size (AUM)$8M$2.8B
Since20202007
Dividend yield0.61%2.61%
Asset classequityequity
Regionglobal ex us
Strategyindex trackingindex tracking
CAGR 1Y+2.8%+26.9%
CAGR 3Y+13.8%+19.6%
CAGR 5Y+3.5%+8.4%
Sharpe 3Y0.681.02
Volatility 1Y13.47%15.82%
Max drawdown-39.87%-34.64%

Similar to ANEW and CWI