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OND vs SMN

ProShares On-Demand ETF vs ProShares UltraShort Materials

OND

ProShares On-Demand ETF

Annual cost

0.58%

Fund size

$4M

SMN

ProShares UltraShort Materials

Annual cost

0.95%

Fund size

$3M

Key differences

Both OND and SMN are equity ETFs. OND charges 0.58% a year and SMN 0.95%. The main difference: OND follows a index tracking strategy; SMN uses inverse.

  • OND follows a index tracking strategy; SMN uses inverse.
  • OND costs 0.37% less per year.
  • Over the last three years, OND has delivered higher annualized returns.
  • SMN has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ONDSMN
Annual cost (TER)0.58%0.95%
Fund size (AUM)$4M$3M
Since20212007
Dividend yield0.00%4.53%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackinginverse
CAGR 1Y-13.0%-24.6%
CAGR 3Y+15.5%-17.3%
CAGR 5YN/A-12.9%
Sharpe 3Y0.62-0.48
Volatility 1Y20.69%34.16%
Max drawdown-59.02%-95.39%

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

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