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OND vs SDS

ProShares On-Demand ETF vs ProShares UltraShort S&P500

OND

ProShares On-Demand ETF

Annual cost

0.58%

Fund size

$4M

SDS

ProShares UltraShort S&P500

Annual cost

0.91%

Fund size

$433M

Key differences

Both OND and SDS are equity ETFs. OND charges 0.58% a year and SDS 0.91%. The main difference: OND follows a index tracking strategy; SDS uses inverse.

  • OND follows a index tracking strategy; SDS uses inverse.
  • OND costs 0.33% less per year.
  • SDS 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.
  • SDS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ONDSDS
Annual cost (TER)0.58%0.91%
Fund size (AUM)$4M$433M
Since20212006
Dividend yield0.00%5.83%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackinginverse
CAGR 1Y-13.0%-32.7%
CAGR 3Y+15.5%-28.5%
CAGR 5YN/A-21.6%
Sharpe 3Y0.62-1.11
Volatility 1Y20.69%24.16%
Max drawdown-59.02%-96.49%

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

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