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OND vs HEFA

ProShares On-Demand ETF vs iShares Currency Hedged MSCI EAFE ETF

OND

ProShares On-Demand ETF

Annual cost

0.58%

Fund size

$4M

HEFA

iShares Currency Hedged MSCI EAFE ETF

Annual cost

0.35%

Fund size

$7.1B

Key differences

Both OND and HEFA are equity ETFs. OND charges 0.58% a year and HEFA 0.35%. The main difference: OND covers global markets; HEFA covers global markets excluding the US.

  • OND covers global markets; HEFA covers global markets excluding the US.
  • HEFA costs 0.23% less per year.
  • HEFA is much larger than OND. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, HEFA has delivered higher annualized returns.
  • HEFA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ONDHEFA
Annual cost (TER)0.58%0.35%
Fund size (AUM)$4M$7.1B
Since20212014
Dividend yield0.00%3.05%
Asset classequityequity
Regionglobalglobal ex us
Strategyindex trackingindex tracking
CAGR 1Y-15.5%+26.8%
CAGR 3Y+15.3%+18.9%
CAGR 5YN/A+13.7%
Sharpe 3Y0.611.10
Volatility 1Y20.73%13.08%
Max drawdown-59.02%-32.39%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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