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OND vs HYGH

ProShares On-Demand ETF vs iShares Interest Rate Hedged High Yield Bond ETF

OND

ProShares On-Demand ETF

Annual cost

0.58%

Fund size

$4M

HYGH

iShares Interest Rate Hedged High Yield Bond ETF

Annual cost

0.52%

Fund size

$529M

Key differences

OND is an equity ETF, while HYGH is a fixed income ETF. OND charges 0.58% a year and HYGH 0.52%.

  • OND is an equity fund, while HYGH is a fixed income fund. They carry different risk/return profiles.
  • OND covers global markets; HYGH covers North America.
  • HYGH costs 0.06% less per year.
  • HYGH is much larger than OND. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, OND has delivered higher annualized returns.
  • HYGH has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ONDHYGH
Annual cost (TER)0.58%0.52%
Fund size (AUM)$4M$529M
Since20212014
Dividend yield0.00%6.65%
Asset classequityfixed income
Regionglobalnorth america
Strategyindex trackingindex tracking
CAGR 1Y-15.5%+7.8%
CAGR 3Y+15.3%+9.9%
CAGR 5YN/A+7.0%
Sharpe 3Y0.611.11
Volatility 1Y20.73%3.66%
Max drawdown-59.02%-23.88%

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

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