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OND vs SH

ProShares On-Demand ETF vs ProShares Short S&P500

OND

ProShares On-Demand ETF

Annual cost

0.58%

Fund size

$4M

SH

ProShares Short S&P500

Annual cost

0.89%

Fund size

$981M

Key differences

Both OND and SH are equity ETFs. OND charges 0.58% a year and SH 0.89%. The main difference: OND follows a index tracking strategy; SH uses inverse.

  • OND follows a index tracking strategy; SH uses inverse.
  • OND costs 0.31% less per year.
  • SH 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.
  • SH has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ONDSH
Annual cost (TER)0.58%0.89%
Fund size (AUM)$4M$981M
Since20212006
Dividend yield0.00%4.52%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackinginverse
CAGR 1Y-13.0%-16.1%
CAGR 3Y+15.5%-12.8%
CAGR 5YN/A-8.8%
Sharpe 3Y0.62-1.10
Volatility 1Y20.69%12.09%
Max drawdown-59.02%-76.12%

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

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