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OND vs TBF

ProShares On-Demand ETF vs ProShares Short 20+ Year Treasury

OND

ProShares On-Demand ETF

Annual cost

0.58%

Fund size

$4M

TBF

ProShares Short 20+ Year Treasury

Annual cost

0.95%

Fund size

$133M

Key differences

OND is an equity ETF, while TBF is a fixed income ETF. OND charges 0.58% a year and TBF 0.95%.

  • OND is an equity fund, while TBF is a fixed income fund. They carry different risk/return profiles.
  • OND follows a index tracking strategy; TBF uses inverse.
  • OND covers global markets; TBF covers North America.
  • OND costs 0.37% less per year.
  • TBF 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.
  • TBF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ONDTBF
Annual cost (TER)0.58%0.95%
Fund size (AUM)$4M$133M
Since20212009
Dividend yield0.00%2.85%
Asset classequityfixed income
Regionglobalnorth america
Strategyindex trackinginverse
CAGR 1Y-15.5%+1.4%
CAGR 3Y+15.3%+7.4%
CAGR 5YN/A+9.9%
Sharpe 3Y0.610.33
Volatility 1Y20.73%9.56%
Max drawdown-59.02%-38.39%

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

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