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OND - ETF AI Analysis
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ProShares On-Demand ETF (OND)
Rating:58Neutral
Price Target:
$48.00
Positive Factors
Strong Top Holdings
Several key holdings, such as Roblox and Joby Aviation, have delivered strong year-to-date performance, boosting the ETF's returns.
Sector Focus on Growth Areas
The ETF is heavily weighted in Communication Services and Technology, sectors with high growth potential.
Global Diversification
The ETF includes exposure to international markets like Hong Kong, Japan, and Germany, reducing reliance on U.S. performance.
Negative Factors
High Expense Ratio
The ETF charges a relatively high expense ratio compared to many other funds, which can eat into investor returns over time.
Underperforming Holdings
Some top holdings, such as NEXON Co and Nvidia, have shown weaker year-to-date performance, potentially dragging on overall results.
Sector Concentration Risk
The ETF is heavily concentrated in Communication Services, which makes it vulnerable to downturns in that sector.
OND vs. SPDR S&P 500 ETF (SPY)
AUM6.60M
RegionGlobal
Expense Ratio0.58%
Beta1.06
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. Volume6,158
30 Day Avg. Volume2,249
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
50.75Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering26
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
OND Summary
The ProShares On-Demand ETF (OND) is an investment fund that focuses on companies driving the on-demand economy, such as e-commerce, streaming services, and gig platforms. It follows the FactSet On-Demand Index and includes well-known companies like Nvidia and DoorDash. This ETF is ideal for investors looking to benefit from the growth of digital services and changing consumer habits. However, it’s important to note that the ETF is heavily influenced by technology and communication sectors, which can be volatile and sensitive to market changes.
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
The ProShares On-Demand ETF is riding the wave of the digital economy, with standout performers like Electronic Arts and Nvidia driving momentum through strong earnings and strategic positioning in gaming and AI infrastructure. DoorDash is also delivering steady growth, benefiting from operational efficiencies and consumer demand for convenience. However, Lyft is lagging, weighed down by profitability challenges despite its push into autonomous vehicles. The fund leans heavily on Communication Services and Technology, with a global mix of holdings that capture the pulse of the on-demand economy. Overall, it’s a forward-looking bet on digital disruption.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Lyft | 6.08% | $407.60K | $9.47B | 36.00% | 68 Neutral | |
| Bilibili, Inc. Class Z | 5.86% | $392.81K | HK$88.25B | 26.30% | 71 Outperform | |
| Nvidia | 5.59% | $374.81K | $4.84T | 30.26% | 85 Outperform | |
| Electronic Arts | 5.36% | $359.30K | $50.23B | 24.10% | 68 Neutral | |
| Joby Aviation | 4.94% | $331.15K | $14.38B | 158.70% | 48 Neutral | |
| NEXON Co | 4.73% | $317.16K | ¥2.65T | 33.79% | 71 Outperform | |
| Grab | 4.54% | $304.54K | $24.04B | 20.24% | 69 Neutral | |
| Life360, Inc. | 4.51% | $302.29K | $7.31B | 51.33% | 61 Neutral | |
| Netease Inc | 4.42% | $296.25K | HK$674.24B | 82.42% | 78 Outperform | |
| Roblox | 4.38% | $293.53K | $73.95B | 92.50% | 48 Neutral |
OND Technical Analysis
Neutral
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Price Trends
46.67
Negative
45.06
Negative
40.28
Positive
Market Momentum
-0.65
Positive
40.60
Neutral
44.72
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For OND, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 45.67, equal to the 50-day MA of 46.67, and equal to the 200-day MA of 40.28, indicating a neutral trend. The MACD of -0.65 indicates Positive momentum. The RSI at 40.60 is Neutral, neither overbought nor oversold. The STOCH value of 44.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for OND.
OND Peer Comparison
Comparison Results
Performance Comparison
OND
ProShares On-Demand ETF
44.61
10.39
30.36%
FTRI
First Trust Indxx Global Natural Resources Income ETF
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AGIX
KraneShares Artificial Intelligence & Technology ETF
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IBLC
iShares Blockchain and Tech ETF
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PAWZ
ProShares Pet Care ETF
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LOGO
Tidal Trust III Alpha Brands Consumption Leaders ETF
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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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