# ProShares - On-Demand ETF (OND): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ond for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: ProShares · Asset class: Equity - Strategy: Passive Index · Inception: 2021-10-26 The underlying index for this fund consists of companies whose core operations involve providing on-demand platforms and services that cater to various lifestyle needs. These services include, but are not limited to, streaming digital content, online gaming, fitness programs, meal delivery, ride-sharing, and immersive virtual reality experiences, all determined by the specific criteria of the index's methodology. The fund's manager aims to remain fully invested continuously in financial instruments or securities designed to mirror the index's returns, irrespective of market sentiment, trend... ## Key Facts | Metric | Value | |---|---| | Price | $33.31 | | Expense Ratio | 0.58% | | Assets Under Management | $2.5M | | NAV | $33.22 | | Holdings Count | 29 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Irregular | | 52-Week Range | $32.32 – $47.28 | | Beta | 1.19 | ## Latest Distribution - Amount: $0.1914 /share - Ex-date: 2023-12-20 - Pay date: 2023-12-28 ## Frequently Asked Questions ### What does OND invest in? The underlying index for this fund consists of companies whose core operations involve providing on-demand platforms and services that cater to various lifestyle needs. These services include, but are not limited to, streaming digital content, online gaming, fitness programs, meal delivery, ride-sharing, and immersive virtual reality experiences, all determined by the specific criteria of the index's methodology. The fund's manager aims to remain fully invested continuously in financial instruments or securities designed to mirror the index's returns, irrespective of market sentiment, trends, or overall market direction. Furthermore, this investment vehicle is classified as non-diversified. ### What is the expense ratio of OND? ProShares - On-Demand ETF (OND) charges an expense ratio of 0.58%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is OND? ProShares - On-Demand ETF (OND) manages $2.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is OND actively managed or an index fund? OND is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (OND's is 0.58%) because there's no security selection cost. ### When was OND launched? ProShares - On-Demand ETF (OND) launched in October 2021 and is managed by ProShares. ### How has OND performed? OND's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does OND pay a dividend? ProShares - On-Demand ETF (OND) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does OND pay dividends? ProShares - On-Demand ETF pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is OND's dividend yield? OND's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is OND's next ex-dividend date? The most recently announced ex-dividend date for OND was 2023-12-20. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will OND's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.58% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does OND charge its expense ratio? The expense ratio is deducted in tiny daily slices from OND's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does OND cost more than a fund like VOO? OND is a passive index fund (current expense ratio 0.58%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to OND? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as OND (0.58%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/ond - Distribution history: https://www.dividenddata.com/funds/ond/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ond/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ond/expenses - Peer comparison: https://www.dividenddata.com/funds/ond/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.