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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Transportation
Electronic Technology
Stocks94.02%
Technology Services60.37%
Transportation20.39%
Electronic Technology11.20%
Consumer Services2.05%
Bonds, Cash & Other5.98%
Miscellaneous5.69%
Cash0.29%
Stock breakdown by region
North America52.13%
Asia32.67%
Europe15.19%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
OND invests in stocks. The fund's major sectors are Technology Services, with 60.37% stocks, and Transportation, with 20.39% of the basket. The assets are mostly located in the North America region.
OND last dividends amounted to 0.19 USD. The quarter before, the issuer paid 0.01 USD in dividends, which shows a 97.22% increase.
OND shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Oct 26, 2021, and its management style is Passive.
OND expense ratio is 0.58% meaning you'd have to pay 0.58% of your investment to help manage the fund.
OND follows the FactSet On-Demand Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
OND invests in stocks.