OND

On-Demand ETF

Why OND?

  • The appetite for on-demand experiences has grown. While this may have been accelerated by COVID-19, McKinsey, Forbes, and CB Insights have reported that widespread adoption of streaming services, online grocery shopping and e-gaming may continue.

  • Consumers have a plethora of streaming options, and these platforms are capturing eyeballs. This may only be the early stages of growth—a Fortune Business Insights report projected the global market to reach $160 billion by 2027, up from $54 billion in 2019.

  • The global ride-sharing market is projected to surge from $86 billion in 2021 to $185 billion in 2026, according to Research and Markets, attributable in part to the increasing costs of car ownership and environmental concerns.

Why OND?

  • The appetite for on-demand experiences has grown. While this may have been accelerated by COVID-19, McKinsey, Forbes, and CB Insights have reported that widespread adoption of streaming services, online grocery shopping and e-gaming may continue.

  • Consumers have a plethora of streaming options, and these platforms are capturing eyeballs. This may only be the early stages of growth—a Fortune Business Insights report projected the global market to reach $160 billion by 2027, up from $54 billion in 2019.

  • The global ride-sharing market is projected to surge from $86 billion in 2021 to $185 billion in 2026, according to Research and Markets, attributable in part to the increasing costs of car ownership and environmental concerns.

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

Performance

Growth of $10,000

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

Fund + Index 1m 3m 6m YTD 1Y 3Y 5Y 10Y Since Inception Inception Date
OND Market Price 0.71% 14.59% 21.68% 33.46% 55.47% -5.50% -- -- -6.10% 10/26/2021
OND NAV -0.09% 14.18% 21.25% 33.60% 55.92% -5.34% -- -- -5.97% 10/26/2021
FactSet On-Demand IndexTM   -0.29% 14.98% 23.39% 36.72% 59.85% -4.18% -- -- -4.82% --

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
  • Options Available
    Yes
Price
as of 11/29/2024
  • NAV
    $34.73
  • NAV Change
    $+0.17 up caret
  • Market Price
    $34.76
  • Market Price Change
    $+0.20 up caret
  • Trading Volume (M)
    402
  • 30-Day Median Bid Ask Spread
    0.47%
  • 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
  • Options Available
    Yes
Price
as of 11/29/2024
  • NAV
    $34.73
  • NAV Change
    $+0.17 up caret
  • Market Price
    $34.76
  • Market Price Change
    $+0.20 up caret
  • Trading Volume (M)
    402
  • 30-Day Median Bid Ask Spread
    0.47%
  • View Premium / Discount

Exposures

Fund as of 11/29/2024

Holdings

as of 11/29/2024

Weight Ticker Description Exposure Value
(Notional + GL)
Market Value Shares/Contracts SEDOL Number
5.90% DASH DOORDASH INC - A -- $51,256.32 284 BN13P03
5.71% SPOT SPOTIFY TECHNOLOGY SA -- $49,603.84 104 BFZ1K46
5.64% 3690 MEITUAN-CLASS B -- $48,940.35 2,257 BGJW376
5.51% ZOMATO ZOMATO LTD -- $47,859.29 14,455 BL6P210
5.18% RBLX ROBLOX CORP -CLASS A -- $45,016.74 898 BMWBC20
5.11% NFLX NETFLIX INC -- $44,340.50 50 2857817
5.01% GRAB GRAB HOLDINGS LTD - CL A -- $43,510.00 8,702 BP6NH40
4.90% DHER DELIVERY HERO SE -- $42,576.03 1,040 BZCNB42
4.77% 3293 INTERNATIONAL GAMES SYSTEM C -- $41,375.49 1,400 6744807
4.50% 9697 CAPCOM CO LTD -- $39,063.61 1,667 6173694
4.41% EA ELECTRONIC ARTS INC -- $38,298.78 234 2310194
4.38% 259960 KRAFTON INC -- $38,020.14 170 BMBP900
4.24% NVDA NVIDIA CORP -- $36,774.50 266 2379504
4.23% TTWO TAKE-TWO INTERACTIVE SOFTWRE -- $36,734.10 195 2122117
4.10% LYFT LYFT INC-A -- $35,588.00 2,050 BJT1RW7
3.83% UBER UBER TECHNOLOGIES INC -- $33,245.52 462 BK6N347
3.74% 9626 BILIBILI INC-CLASS Z -- $32,442.93 1,694 BLF8533
3.37% 9999 NETEASE INC -- $29,298.51 1,696 BM93SF4
3.03% AMD ADVANCED MICRO DEVICES -- $26,337.60 192 2007849
2.85% 3659 NEXON CO LTD -- $24,779.33 1,801 B63QM77
2.80% SNAP SNAP INC - A -- $24,293.17 2,057 BD8DJ71
2.02% 036570 NCSOFT CORP -- $17,535.21 103 6264189
1.99% TKWY JUST EAT TAKEAWAY -- $17,276.83 1,082 BYQ7HZ6
1.90% AMBA AMBARELLA INC -- $16,528.05 231 B7KH3G6
0.82% UBI UBISOFT ENTERTAINMENT -- $7,133.71 542 B1L3CS6
-- -- NET OTHER ASSETS (LIABILITIES) -- $470.78 471 --

Index

as of 9/30/2024

  • Total Number of Companies25
  • Price/Earnings Ratio--
  • Price/Book Ratio4.716
  • Dividend Yield ( % )0.33
  • Avg. Index Market Capitalization$163.66 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

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.

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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.

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