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ANEW vs FFLS

ProShares MSCI Transformational Changes ETF vs The Future Fund Long/Short ETF

ANEW

ProShares MSCI Transformational Changes ETF

Annual cost

0.45%

Fund size

$8M

FFLS

The Future Fund Long/Short ETF

Annual cost

1.60%

Fund size

$43M

Key differences

ANEW is an equity ETF, while FFLS is an alternative ETF. ANEW charges 0.45% a year and FFLS 1.60%.

  • ANEW is an equity fund, while FFLS is an alternative fund. They carry different risk/return profiles.
  • ANEW follows a index tracking strategy; FFLS uses long short.
  • ANEW costs 1.15% less per year.
  • FFLS is much larger than ANEW. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

ANEWFFLS
Annual cost (TER)0.45%1.60%
Fund size (AUM)$8M$43M
Since20202023
Dividend yield0.61%0.12%
Asset classequityalternative
Regionnorth america
Strategyindex trackinglong short
CAGR 1Y+2.8%-2.8%
CAGR 3Y+13.8%N/A
CAGR 5Y+3.5%N/A
Sharpe 3Y0.68N/A
Volatility 1Y13.47%9.22%
Max drawdown-39.87%-11.05%

Similar to ANEW and FFLS