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OND vs SPXU

ProShares On-Demand ETF vs ProShares UltraPro Short S&P500

OND

ProShares On-Demand ETF

Annual cost

0.58%

Fund size

$4M

SPXU

ProShares UltraPro Short S&P500

Annual cost

0.90%

Fund size

$463M

Key differences

Both OND and SPXU are equity ETFs. OND charges 0.58% a year and SPXU 0.90%. The main difference: OND follows a index tracking strategy; SPXU uses inverse.

  • OND follows a index tracking strategy; SPXU uses inverse.
  • OND costs 0.32% less per year.
  • SPXU 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.
  • SPXU has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ONDSPXU
Annual cost (TER)0.58%0.90%
Fund size (AUM)$4M$463M
Since20212009
Dividend yield0.00%7.96%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackinginverse
CAGR 1Y-13.0%-46.8%
CAGR 3Y+15.5%-42.7%
CAGR 5YN/A-34.4%
Sharpe 3Y0.62-1.12
Volatility 1Y20.69%36.23%
Max drawdown-59.02%-99.63%

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

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