Screener
OND vs TBT
ProShares On-Demand ETF vs ProShares UltraShort 20+ Year Treasury
Key differences
OND is an equity ETF, while TBT is a fixed income ETF. OND charges 0.58% a year and TBT 0.93%.
- OND is an equity fund, while TBT is a fixed income fund. They carry different risk/return profiles.
- OND follows a index tracking strategy; TBT uses inverse.
- OND covers global markets; TBT covers North America.
- OND costs 0.35% less per year.
- TBT 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.
- TBT has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| OND | TBT | |
|---|---|---|
| Annual cost (TER) | 0.58% | 0.93% |
| Fund size (AUM) | $4M | $333M |
| Since | 2021 | 2008 |
| Dividend yield | 0.00% | 2.90% |
| Asset class | equity | fixed income |
| Region | global | north america |
| Strategy | index tracking | inverse |
| CAGR 1Y | -15.5% | -1.1% |
| CAGR 3Y | +15.3% | +9.4% |
| CAGR 5Y | N/A | +15.1% |
| Sharpe 3Y | 0.61 | 0.33 |
| Volatility 1Y | 20.73% | 19.60% |
| Max drawdown | -59.02% | -65.09% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.