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OND vs SSO

ProShares On-Demand ETF vs ProShares Ultra S&P500

OND

ProShares On-Demand ETF

Annual cost

0.58%

Fund size

$4M

SSO

ProShares Ultra S&P500

Annual cost

0.87%

Fund size

$8.4B

Key differences

Both OND and SSO are equity ETFs. OND charges 0.58% a year and SSO 0.87%. The main difference: OND follows a index tracking strategy; SSO uses leveraged.

  • OND follows a index tracking strategy; SSO uses leveraged.
  • OND costs 0.29% less per year.
  • SSO is much larger than OND. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, SSO has delivered higher annualized returns.
  • SSO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ONDSSO
Annual cost (TER)0.58%0.87%
Fund size (AUM)$4M$8.4B
Since20212006
Dividend yield0.00%0.61%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingleveraged
CAGR 1Y-13.0%+48.1%
CAGR 3Y+15.5%+37.0%
CAGR 5YN/A+19.0%
Sharpe 3Y0.621.09
Volatility 1Y20.69%24.16%
Max drawdown-59.02%-59.34%

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

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