Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

ANEW vs THMZ: which is really different?

ANEW and THMZ hold 19% of their weight in the same names, and THMZ returned more over the year.

ProShares MSCI Transformational Changes ETF and Lazard Equity Megatrends ETF.

51.0%ANEW in the S&P 500
55.2%THMZ in the S&P 500
+3.9%ANEW total return, 1 year
+7.2%THMZ 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 8.3THMZ 5.90.1, 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
THMZ45% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
55%45%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 73% · top ten 35% of the fund · 59 holdings filed Jun 30, 2026 · Nasdaq-100: 30% in55%45%in the S&P 500outsideactive share 73% · top ten 35% of the fund

19% 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 THMZ hold 19% of their money in the same securities at the same weight.

Positions ANEW and THMZ both hold, largest shared weight first
HoldingANEWTHMZ
MICROSOFT CORP2.23%2.84%
APPLE INC2.12%1.95%
DANAHER CORP2.39%1.93%
NVIDIA CORP1.90%2.83%
AMAZON.COM INC1.84%3.58%
ELI LILLY & CO2.12%1.79%
BROADCOM INC1.64%2.28%
BOSTON SCIENTIFIC CORP1.44%0.46%
APPLIED MATERIALS INC0.22%5.68%
QUALCOMM INC0.19%1.53%
Only in each
Only in ANEWOnly in THMZ
DOORDASH INC - A 2.35%Taiwan Semiconductor Manufacturing Co Lt 6.22%
ABBVIE INC 2.33%Alphabet Inc 3.63%
DEERE & CO 2.31%Mitsubishi Electric Corp 2.79%
ABBOTT LABORATORIES 2.18%Keysight Technologies Inc 2.66%
SYMRISE AG 2.18%FANUC Corp 2.54%
INTL FLAVORS & FRAGRANCES 2.17%Siemens AG 2.42%
GIVAUDAN-REG 2.11%Schneider Electric SE 2.03%
META PLATFORMS INC-CLASS A 2.08%Amphenol Corp 1.98%

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 Jun 30, 2026 and Sep 18, 2026.

Performance, window by window

ANEW and THMZ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
ANEWTHMZANEWTHMZANEWTHMZ
3 months+6.5%+0.3%+4.2 pts−1.9 pts+8.9 pts+2.8 pts
6 months+19.1%+17.1%+1.1 pts−1.0 pts−5.1 pts−7.2 pts
1 year+3.9%+7.2%−12.7 pts−9.4 pts−17.9 pts−14.6 pts
3 years+56.3%not published−22.1 ptsnot published−41.9 ptsnot published
Since launch+40.4%+37.0%−97.4 pts−16.5 pts−118.3 pts−34.3 pts
Open the live comparison on ETFIQ
ANEW and THMZ 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
THMZ
Lazard Equity Megatrends ETF
Holds 59 stocks in broad innovation and megatrends, 55% of its weight in S&P 500 companies
IssuerProSharesLazard
ThemeBroad innovation and megatrendsBroad innovation and megatrends
In the S&P 50051.0%55.2%
Active share vs the S&P 50076.2%73.1%
In the Nasdaq-10025.2%30.2%
Holdings14659
Top ten, share of the fund22.4%35.2%
Expense ratio0.45%0.50%
Fee for the differing part0.59%0.68%
Total return, 1 year+3.9%+7.2%
vs the S&P 500−12.7 pts−9.4 pts
vs the Nasdaq-100−17.9 pts−14.6 pts
Below its high−2.0%−3.5%
Net assets$8m$54m

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.

THMZ in plain words

By weight, 55% of THMZ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 73%. The top ten holdings are 35% of the fund across 59 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned +7.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 9.4 pts.

Questions people ask

Do ANEW and THMZ hold the same stocks?
By their latest filings, 19% 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 THMZ?
ANEW has 51% of its weight in S&P 500 names and THMZ has 55%, so ANEW differs more from the index.
Which is cheaper, ANEW or THMZ?
ANEW charges 0.45% a year and THMZ charges 0.50%, 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 THMZ, 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 THMZ, data as of Sep 18, 2026. https://etfiq.com/compare/themes/anew-vs-thmz Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources