Key stats
About ProShares On-Demand ETF
Home page
Inception date
Oct 26, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
ISIN
US74347G5238
OND provides exposure to companies that deliver on-demand platforms or seamless and convenient access to services for lifestyle needs such as digital media, e-gaming, fitness, and food delivery. The index generally includes companies that derive 75% of their revenues from the 15 on-demand related sub-industries classified by RBICS (FactSet Revere Business Industry Classification). These sub-industries can include console games software, fitness and exercise equipment, food delivery services, home and office virtual reality software, media download and streaming digital content sites, mobile platform applications software, ride-sharing platforms, media equipment manufacturing, video multimedia semiconductors, virtual reality design and engineering software, and virtual reality equipment. The market-cap weighted index is reconstituted and rebalanced semi-annually in June and December and caps its constituents at 4.5% for any single company.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Transportation
Electronic Technology
Stock breakdown by region
Top 10 holdings
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
OND assets under management is 6.85 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
OND invests in stocks. See more details in our Analysis section.
OND expense ratio is 0.58%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, OND isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
OND shares are issued by ProShare Advisors LLC
OND follows the FactSet On-Demand Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 26, 2021.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.