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OND - ETF AI Analysis
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ProShares On-Demand ETF (OND)
Rating:57Neutral
Price Target:―
Positive Factors
Several Strong Top Holdings
A number of the largest positions, such as Bilibili, Joby Aviation, and others, have shown strong year-to-date gains, helping support the fund’s overall results.
Global Diversification
Holdings spread across the U.S., Hong Kong, Japan, Germany, and Poland reduce reliance on any single country’s market.
Targeted Exposure to Growth Sectors
A heavy focus on communication services and technology gives investors concentrated exposure to industries with strong long-term growth potential.
Negative Factors
Recent Weak Performance
The ETF has delivered weak returns over the past month, three months, and year-to-date, which may concern investors looking for near-term strength.
High Sector Concentration
Nearly all assets are in a few cyclical sectors like communication services, technology, and consumer cyclical, increasing sensitivity to downturns in these areas.
Above-Average Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which means more of the return is eaten up by fees over time.
OND vs. SPDR S&P 500 ETF (SPY)
AUM4.44M
RegionGlobal
Expense Ratio0.58%
Beta1.12
IssuerProShares
Inception DateOct 26, 2021
Dividend YieldN/A
Asset ClassEquity
Index TrackedFactSet On-Demand Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,381
30 Day Avg. Volume2,063
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
45.48Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering22
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
OND Summary
ProShares On-Demand ETF (OND) tracks the FactSet On-Demand Index, focusing on companies that power the on-demand economy—businesses built around speed, convenience, and digital delivery. It holds firms in areas like streaming, gaming, e-commerce, and ride-hailing, including well-known names such as Nvidia and Uber. Someone might invest in OND to seek growth from the ongoing shift toward online, instant-access services, while still getting diversification across many companies and countries. A key risk is that it’s heavily tilted toward tech and communication stocks, so its price can swing a lot and may fall sharply if these areas struggle.
How much will it cost me?The ProShares On-Demand ETF (OND) has an expense ratio of 0.58%, meaning you’ll pay $5.80 per year for every $1,000 invested. This expense ratio is higher than average because the ETF is actively managed and focuses on a niche theme within the on-demand economy, requiring more specialized research and management.
What would affect this ETF?The ProShares On-Demand ETF could benefit from continued growth in the on-demand economy, driven by increasing consumer reliance on e-commerce, streaming services, and gig platforms, as well as advancements in technology like AI and automation. However, it may face challenges from regulatory changes affecting gig economy companies, economic slowdowns that reduce discretionary spending, or competition in the tech and communication sectors. Its global exposure and focus on innovative companies provide opportunities but also expose it to geopolitical risks and market volatility.
OND Top 10 Holdings
OND is a pure play on the global on‑demand and digital consumer trend, but its recent ride has been bumpy. Nvidia is one of the few bright spots, still rising on AI enthusiasm and helping cushion the blows elsewhere. Asian platform and gaming names like Bilibili and NEXON are holding relatively steady, but big positions in Spotify, Uber, Grab, Meituan, and NetEase have been lagging, acting like a headwind. With heavy exposure to communication services and tech, and a strong tilt toward Asia plus the U.S., the fund is concentrated in digital platforms that are currently out of favor.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Spotify | 5.40% | $239.08K | $116.33B | 6.22% | 66 Neutral | |
| Netflix | 5.34% | $236.26K | $418.08B | 11.12% | 73 Outperform | |
| Bilibili, Inc. Class Z | 5.31% | $235.00K | HK$83.65B | 10.85% | 65 Neutral | |
| Nvidia | 5.27% | $233.12K | $4.32T | 57.80% | 76 Outperform | |
| Electronic Arts | 5.24% | $232.06K | $49.55B | 41.39% | 70 Outperform | |
| Capcom Co | 4.89% | $216.59K | ¥1.41T | -3.31% | 69 Neutral | |
| Netease Inc | 4.67% | $206.56K | HK$580.90B | 17.08% | 80 Outperform | |
| Take-Two | 4.61% | $204.10K | $39.16B | 3.51% | 53 Neutral | |
| Uber Technologies | 4.45% | $196.77K | $154.63B | -1.49% | 74 Outperform | |
| DoorDash | 4.30% | $190.46K | $77.84B | 0.61% | 76 Outperform |
OND Technical Analysis
Negative
―
Price Trends
38.95
Negative
41.33
Negative
42.44
Negative
Market Momentum
-1.02
Negative
33.03
Neutral
20.29
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For OND, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 36.18, equal to the 50-day MA of 38.95, and equal to the 200-day MA of 42.44, indicating a bearish trend. The MACD of -1.02 indicates Negative momentum. The RSI at 33.03 is Neutral, neither overbought nor oversold. The STOCH value of 20.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for OND.
OND Peer Comparison
Comparison Results
Performance Comparison
OND
ProShares On-Demand ETF
34.96
2.13
6.49%
EVX
VanEck Environmental Services ETF
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FFND
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AIFD
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PAWZ
ProShares Pet Care ETF
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LOGO
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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