OND - ETF AI Analysis

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ProShares On-Demand ETF (OND)

Rating:56Neutral

Price Target:―

The ProShares On-Demand ETF (OND) has a balanced overall rating, reflecting both strong performers and some weaker holdings. Nvidia and Netease stand out as key contributors to the fund’s score due to their robust financial performance, strategic growth initiatives, and positive earnings call sentiment. However, holdings like Joby Aviation and Take-Two Interactive have faced financial challenges and valuation concerns, which may have weighed on the ETF’s overall rating. Additionally, the fund’s exposure to high-growth but volatile sectors like technology and gaming could pose risks for investors seeking stability.

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)

AUM6.34M

RegionGlobal

Expense Ratio0.58%

Beta1.09

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. Volume1,810

30 Day Avg. Volume2,142

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

50.08

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering20

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 heavily concentrated in the communication services and technology sectors, with a global mix of companies driving the digital economy. Gaming stocks like Electronic Arts and NEXON are steady performers, benefiting from strong franchise growth, while streaming platform Bilibili is lagging due to valuation concerns and net losses. Lyft and Nvidia show mixed momentum, with positive earnings offset by profitability challenges and bearish technical signals. Meanwhile, Joby Aviation is dragging the fund with weak financials and operational risks. Overall, the ETF’s focus on consumer-centric innovation offers potential, but some holdings are struggling to keep pace.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
9626	Bilibili, Inc. Class Z	6.11%	$387.09K	HK$84.22B	35.73%	65 Neutral
LYFT	Lyft	5.99%	$379.72K	$8.88B	29.00%	67 Neutral
3659	NEXON Co	5.92%	$374.93K	¥3.06T	73.91%	71 Outperform
EA	Electronic Arts	5.88%	$372.62K	$50.83B	21.40%	68 Neutral
NVDA	Nvidia	5.51%	$349.22K	$4.41T	25.02%	76 Outperform
9999	Netease Inc	4.89%	$309.71K	HK$688.98B	58.36%	80 Outperform
TTWO	Take-Two	4.65%	$294.72K	$45.61B	31.25%	50 Neutral
JOBY	Joby Aviation	4.60%	$291.53K	$12.61B	70.53%	47 Neutral
GRAB	Grab	4.43%	$280.37K	$21.50B	-0.57%	64 Neutral
UBER	Uber Technologies	4.39%	$278.15K	$181.96B	21.36%	74 Outperform

OND Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

45.32

Negative

100DMA

45.04

Negative

200DMA

40.79

Positive

Market Momentum

MACD

-0.94

Negative

RSI

41.33

Neutral

STOCH

80.45

Negative

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 42.79, equal to the 50-day MA of 45.32, and equal to the 200-day MA of 40.79, indicating a neutral trend. The MACD of -0.94 indicates Negative momentum. The RSI at 41.33 is Neutral, neither overbought nor oversold. The STOCH value of 80.45 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for OND.

OND Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
OND	―	―	$6.34M	0.58%	―
AGIX	―	―	$99.09M	0.99%	―
EVX	―	―	$90.97M	0.55%	―
IBLC	―	―	$90.54M	0.47%	―
PAWZ	―	―	$50.23M	0.50%	―
LOGO	―	―	$27.79M	0.69%	―

Performance Comparison

OND

ProShares On-Demand ETF

42.35

7.21

20.52%

AGIX

KraneShares Artificial Intelligence & Technology ETF

―

EVX

VanEck Environmental Services ETF

―

IBLC

iShares Blockchain and Tech ETF

―

PAWZ

ProShares Pet Care ETF

―

LOGO

Tidal Trust III Alpha Brands Consumption Leaders ETF

―

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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