OND

On-Demand ETF

OND invests in a global portfolio of companies at the forefront of the rising on-demand goods and services theme.

How to Buy
Why OND?
Targets High-Growth Innovation

Consumer preference for on-demand experiences has transformed entertainment, retail, and transportation—showing no signs of slowing.

Sector & Geographic Diversification*

The on-demand economy is transforming multiple industries across nearly all regions of the globe.

Efficient Exposure

OND invests in dozens of companies with high exposure to the growing on-demand theme—all in one trade.

Performance
About the Fund
Exposures
Holdings
Index
Distributions
View fund details

Documents & Downloads

Fund Fact Sheet
This links to a pdf file This link opens a new window
NAV History
This links to a pdf file This link opens a new window
Summary Prospectus
Statutory Prospectus
Statement of Add'l Information
Annual Report
Semi-Annual Report

You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)

Performance

Growth of $10,000

Since Inception
Since Inception
Year-to-Date
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years

Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.

Total Return

Month-End Total Returns as of 9/30/2025
Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
OND Market Price 8.46% 12.26% 46.27% 48.38% 47.79% 39.77% -- -- 5.06% 10/26/2021
OND NAV 8.50% 12.46% 46.75% 48.18% 45.87% 39.36% -- -- 5.04% 10/26/2021
FactSet On-Demand IndexTM   8.60% 12.79% 47.28% 48.92% 46.50% 41.20% -- -- 6.18% --

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

About the Fund

Snapshot
  • Ticker
    OND
  • Intraday Ticker
    OND.IV
  • CUSIP
    74347G523
  • Inception Date
    10/26/21
  • Expense Ratio
    0.58%
  • NAV Calculation Time
    4:00 p.m. ET
  • Distributions
    Quarterly
  • Options Available
    Yes
Price
as of 10/17/2025
  • NAV
    $45.55
  • NAV Change
    $-0.65 down caret
  • Market Price
    $45.90
  • Market Price Change
    $-0.33 down caret
  • Trading Volume (M)
    3,364
  • 30-Day Median Bid Ask Spread
    0.29%
  • View Premium / Discount
Snapshot
  • Ticker
    OND
  • Intraday Ticker
    OND.IV
  • CUSIP
    74347G523
  • Inception Date
    10/26/21
  • Expense Ratio
    0.58%
  • NAV Calculation Time
    4:00 p.m. ET
  • Distributions
    Quarterly
  • Options Available
    Yes
Price
as of 10/17/2025
  • NAV
    $45.55
  • NAV Change
    $-0.65 down caret
  • Market Price
    $45.90
  • Market Price Change
    $-0.33 down caret
  • Trading Volume (M)
    3,364
  • 30-Day Median Bid Ask Spread
    0.29%
  • View Premium / Discount

Exposures

Fund as of 10/17/2025

Holdings

as of 10/17/2025

Weight Ticker Description Exposure Value
(Notional + GL)		 Market Value Shares/Contracts SEDOL Number
5.45% 9626 BILIBILI INC-CLASS Z -- $371,988.03 14,124 BLF8533
5.42% RBLX ROBLOX CORP -CLASS A -- $370,315.12 2,786 BMWBC20
5.23% EA ELECTRONIC ARTS INC -- $357,335.20 1,784 2310194
5.05% NVDA NVIDIA CORP -- $345,003.26 1,883 2379504
4.92% 1698 TENCENT MUSIC ENT - CLASS A -- $336,162.77 30,687 BQS7PQ5
4.91% LYFT LYFT INC-A -- $335,603.52 17,184 BJT1RW7
4.81% JOBY JOBY AVIATION INC -- $328,844.34 20,999 BMCRLL0
4.71% DASH DOORDASH INC - A -- $321,459.32 1,222 BN13P03
4.42% 9999 NETEASE INC -- $302,118.26 10,487 BM93SF4
4.40% 3659 NEXON CO LTD -- $300,749.23 14,849 B63QM77
4.39% TTWO TAKE-TWO INTERACTIVE SOFTWRE -- $299,768.45 1,147 2122117
4.26% GRAB GRAB HOLDINGS LTD - CL A -- $291,119.88 51,617 BP6NH40
4.21% UBER UBER TECHNOLOGIES INC -- $287,791.40 3,118 BK6N347
4.15% LIF LIFE360 INC -- $283,824.00 3,240 BSLSTH8
3.91% DHER DELIVERY HERO SE -- $267,453.83 9,887 BZCNB42
3.77% NFLX NETFLIX INC -- $257,862.40 215 2857817
3.69% SPOT SPOTIFY TECHNOLOGY SA -- $251,820.00 375 BFZ1K46
3.60% 9697 CAPCOM CO LTD -- $245,762.18 8,966 6173694
3.39% 3293 INTERNATIONAL GAMES SYSTEM C -- $231,890.55 9,374 6744807
3.32% CDR CD PROJEKT SA -- $226,520.52 3,204 7302215
2.89% 259960 KRAFTON INC -- $197,181.17 983 BMBP900
2.80% TKWY JUST EAT TAKEAWAY -- $191,154.60 8,400 BYQ7HZ6
2.33% AMBA AMBARELLA INC -- $158,910.96 1,922 B7KH3G6
1.98% PTON PELOTON INTERACTIVE INC-A -- $134,992.50 17,999 BJ7WJS2
1.71% 036570 NCSOFT CORP -- $116,866.55 822 6264189
-- -- NET OTHER ASSETS (LIABILITIES) -- $19,218.24 19,218 --
Download Holdings (.csv)This links to a pdf fileThis link opens a new window

Index

as of 9/30/2025

  • Total Number of Companies25
  • Price/Book Ratio5.79
  • Dividend Yield ( % )0.37
  • Avg. Index Market Capitalization$228.77 billion
About the Index

The FactSet On-Demand Index is designed to measure the performance of companies that provide on-demand access to lifestyle needs including digital media, e-gaming, fitness, food delivery, ridesharing, or virtual reality experiences.

Distributions

For

2025
  • 2025
  • 2023
  • 2021
Ex-Dividend Date Record Date Payable Date Dividend Long-Term Capital Gain Short-Term Capital Gain Return of Capital

 

 

Calculated by ProShares and includes ridesharing, per Mordor Intelligence, February 2020; Online food delivery per ResearchandMarkets, May 2020; video game software per ResearchandMarkets January 2021; video streaming per Grand View Research, February 2021.

Sources: McKinsey, “The Consumer Demand Recovery and Lasting Effects of COVID-19,” March 2021; PwC, "After a Boom Year in Video Streaming, What Comes Next?" 2021; Fortune Business Insight, "Video On Demand Market Size, Regional Analysis & Growth," November 2020; Research and Markets, "Ride Sharing Market by Type," June 2021; CB Insights January, 2021; strategy + business, May 2021; Forbes, “Post-Pandemic Media Consumption,” June 2021.

Get the latest perspectives and updates.

*Diversification does not ensure a profit or guarantee against a loss.

For the total return table above, since inception returns are cumulative for funds less than one year old; otherwise, returns are annualized. Market returns are based on the composite closing price and do not represent the returns you would receive if you traded shares at other times. The listing date is typically one or more days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the listing date.

The expense ratio for certain funds includes a contractual fee waiver that results in a lower net expense ratio for some or all periods shown. For information about this ETF’s fees, please see above.

Holdings are subject to change. ProShares may invest in financial instruments (including derivatives) that, in combination, should have daily price return characteristics similar to the fund's benchmark.

Registered Investment Companies are required by the IRS to distribute substantially all of their income and capital gains to shareholders at least annually. For specific tax advice, we recommend you speak with a qualified tax professional.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.

Index information does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged, and one cannot invest directly in an index.

There is no guarantee that capital gain distributions will not be made in the future. There is no guarantee that dividends or interest income will be paid.

There is no guarantee any ProShares ETF will achieve its investment objective.

Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns.

Investing involves risk, including the possible loss of principal. This ProShares ETF is subject to certain risks, including the risk that the fund may not track the performance of the index and that the fund’s market price may fluctuate, which may decrease performance. Please see their summary and full prospectuses for a more complete description of risks.

Investments in on demand technology are subject to risks associated with a developing industry and there is no guarantee that these companies will be successful.

This fund may be subject to additional risks associated with the media and entertainment and retailing industries. A more complete discussion of risks is found in the prospectus.

These companies may have limited product lines, markets, and resources. Such companies are subject to risks such as changing consumer preferences and product obsolescence; intense competition; impairment of intellectual property rights; evolving industry standards and regulations; cybersecurity attacks or other data breaches; and security and privacy failures or constraints. The index theme may not be the primary driver of company, index or fund performance. Companies in the index may have significant unrelated business lines, which could have a significant negative impact on company, index and fund performance.

This fund is non-diversified and concentrates its investments in certain sectors. Non-diversified and narrowly focused investments typically exhibit higher volatility.

Investments in non-U.S. securities may involve risks different from U.S. securities, including risks from geographic concentration, differences in valuation and valuation times, unfavorable fluctuations in currency, differences in generally accepted accounting principles, and from economic or political instability.

Investments in emerging markets generally are less liquid, more volatile and riskier than investments in more developed markets and are considered to be speculative.

Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.

This fund may include securities of issuers in China, which are subject to risks associated with emerging markets, as well as additional risks.

The "FactSet On-Demand Index" and "FactSet" are trademarks of FactSet Research Systems Inc. and have been licensed for use by ProShare Advisors LLC. ProShares Advisors LLC have not been passed on by these entities or their affiliates as to their legality or suitability. ProShares Advisors LLC based on the FactSet On-Demand Index are not sponsored, endorsed, sold, or promoted by FactSet Research Systems Inc., and it makes no representation regarding the advisability of investing in ProShares Advisors LLC. THIS ENTITY AND ITS AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES ADVISORS LLC. FactSet Research Systems Inc. does not guarantee the accuracy and/or the completeness of the FactSet On-Demand Index or any data included therein, and FactSet Research Systems Inc. shall have no liability for any errors, omissions, or interruptions therein.

Quote data provided by Interactive Data - Real Time Services, Inc. and subject to terms of use.

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