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OND vs UBT

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

OND

ProShares On-Demand ETF

Annual cost

0.58%

Fund size

$4M

UBT

ProShares Ultra 20+ Year Treasury

Annual cost

0.95%

Fund size

$64M

Key differences

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

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

Side-by-side comparison

ONDUBT
Annual cost (TER)0.58%0.95%
Fund size (AUM)$4M$64M
Since20212010
Dividend yield0.00%3.98%
Asset classequityfixed income
Regionglobalnorth america
Strategyindex trackingleveraged
CAGR 1Y-15.5%+2.1%
CAGR 3Y+15.3%-9.5%
CAGR 5YN/A-17.8%
Sharpe 3Y0.61-0.36
Volatility 1Y20.73%19.22%
Max drawdown-59.02%-78.90%

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

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