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Data as of .

ANEW vs ILDR: which is really different?

ANEW and ILDR hold 18% of their weight in the same names, and ILDR returned more over the year.

ProShares MSCI Transformational Changes ETF and First Trust Innovation Leaders ETF.

51.0%ANEW in the S&P 500
65.8%ILDR in the S&P 500
+3.9%ANEW total return, 1 year
+19.9%ILDR total return, 1 year

ETFIQ Off-Index Score: ANEW scores higher

How much of it is not the index it is sold as an alternative to?

ANEW 8.3ILDR 2.90.1, the lowest in this set91.8, the highest

A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

ANEW49% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
51%49%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 76% · top ten 22% of the fund · 146 holdings filed Sep 18, 2026 · Nasdaq-100: 25% in51%49%in the S&P 500outside the S&P 500active share 76% · top ten 22% of the fund
ILDR34% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
66%34%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 67% · top ten 44% of the fund · 82 holdings filed Sep 18, 2026 · Nasdaq-100: 49% in66%34%in the S&P 500outsideactive share 67% · top ten 44% of the fund

18% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, ANEW and ILDR hold 18% of their money in the same securities at the same weight.

Positions ANEW and ILDR both hold, largest shared weight first
HoldingANEWILDR
MICROSOFT CORP2.23%2.70%
ELI LILLY & CO2.12%3.02%
NVIDIA CORP1.90%9.78%
AMAZON.COM INC1.84%5.79%
ALPHABET INC-CL A1.70%4.81%
BROADCOM INC1.64%3.57%
MICRON TECHNOLOGY INC1.15%2.80%
META PLATFORMS INC-CLASS A2.08%1.11%
ADVANCED MICRO DEVICES0.86%5.79%
TESLA INC0.57%1.82%
INTEL CORP0.42%0.66%
PALO ALTO NETWORKS INC0.34%1.00%
Only in each
Only in ANEWOnly in ILDR
DANAHER CORP 2.39%Marvell Technology, Inc. 3.13%
DOORDASH INC - A 2.35%Eaton Corporation Plc 2.07%
ABBVIE INC 2.33%Shopify Inc. (Class A) 1.81%
DEERE & CO 2.31%Schneider Electric SE 1.80%
ABBOTT LABORATORIES 2.18%Siemens Energy AG 1.70%
SYMRISE AG 2.18%Dell Technologies Inc. (Class C) 1.41%
INTL FLAVORS & FRAGRANCES 2.17%ServiceNow, Inc. 1.24%
APPLE INC 2.12%Neurocrine Biosciences, Inc. 1.20%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026.

Performance, window by window

ANEW and ILDR over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
ANEWILDRANEWILDRANEWILDR
3 months+6.5%+0.3%+4.2 pts−1.9 pts+8.9 pts+2.8 pts
6 months+19.1%+31.0%+1.1 pts+12.9 pts−5.1 pts+6.7 pts
1 year+3.9%+19.9%−12.7 pts+3.3 pts−17.9 pts−1.9 pts
3 years+56.3%+120.9%−22.1 pts+42.5 pts−41.9 pts+22.7 pts
Since launch+40.4%+92.7%−97.4 pts−3.0 pts−118.3 pts−30.0 pts
Open the live comparison on ETFIQ
ANEW and ILDR on the same fields, as of Sep 18, 2026. Source: ETFIQ.
ANEW
ProShares MSCI Transformational Changes ETF
Holds 146 stocks in broad innovation and megatrends, 51% of its weight in S&P 500 companies
ILDR
First Trust Innovation Leaders ETF
Holds 82 stocks in broad innovation and megatrends, 66% of its weight in S&P 500 companies
IssuerProSharesFirst Trust
ThemeBroad innovation and megatrendsBroad innovation and megatrends
In the S&P 50051.0%65.8%
Active share vs the S&P 50076.2%67.1%
In the Nasdaq-10025.2%49.0%
Holdings14682
Top ten, share of the fund22.4%44.1%
Expense ratio0.45%0.75%
Fee for the differing part0.59%1.12%
Total return, 1 year+3.9%+19.9%
vs the S&P 500−12.7 pts+3.3 pts
vs the Nasdaq-100−17.9 pts−1.9 pts
Below its high−2.0%−3.5%
Net assets$8m$342m

ANEW in plain words

By weight, 51% of ANEW's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 76%. The top ten holdings are 22% of the fund across 146 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +3.9% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 12.7 pts.

ILDR in plain words

By weight, 66% of ILDR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 67%. The top ten holdings are 44% of the fund across 82 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +19.9% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 3.3 pts.

Questions people ask

Do ANEW and ILDR hold the same stocks?
By their latest filings, 18% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, ANEW or ILDR?
ANEW has 51% of its weight in S&P 500 names and ILDR has 66%, so ANEW differs more from the index.
Which is cheaper, ANEW or ILDR?
ANEW charges 0.45% a year and ILDR charges 0.75%, so ANEW is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ANEW against ILDR, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, ANEW against ILDR, data as of Sep 18, 2026. https://etfiq.com/compare/themes/anew-vs-ildr Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources