Proshares On Demand Etf Profile
| OND Etf | USD 34.56 0.21 0.61% |
Performance15 of 100
| Odds Of DistressLess than 9
|
ProShares is trading at 34.56 as of the 28th of November 2024, a 0.61 percent increase since the beginning of the trading day. The etf's lowest day price was 34.56. ProShares has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for ProShares On Demand ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The index includes companies whose principal business is the provision of platforms and services for on-demand access to lifestyle needs including digital media, egaming, fitness, food delivery, ridesharing, or virtual reality experiences, as determined by the index methodology. More on ProShares On Demand ETF
Moving together with ProShares Etf
| 0.92 | XLC | Communication Services | PairCorr |
| 0.95 | VOX | Vanguard Communication | PairCorr |
| 0.95 | FCOM | Fidelity MSCI Commun | PairCorr |
| 0.95 | IYZ | IShares Telecommunicatio | PairCorr |
| 0.89 | ESPO | VanEck Video Gaming | PairCorr |
| 0.98 | IXP | iShares Global Comm | PairCorr |
Moving against ProShares Etf
ProShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | WSE WIG INDEX, Warsaw WIG80 Index, Strategy ETFs, Theme ETFs, Communications, ProShares (View all Sectors) |
| Issuer | ProShares |
| Inception Date | 2021-10-26 |
| Benchmark | FactSet On-Demand Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 857,151.78 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | J.P. Morgan Chase Bank, N.A. |
| Advisor | ProShare Advisors LLC |
| Custodian | J.P. Morgan Chase Bank, N.A. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Alexander Ilyasov, Scott Hanson |
| Transfer Agent | J.P. Morgan Chase Bank, N.A. |
| Fiscal Year End | 31-May |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 26.0 |
| Market Maker | Susquehanna |
| Total Expense | 0.58 |
| Management Fee | 0.58 |
| Country Name | USA |
| Returns Y T D | 39.65 |
| Name | ProShares On-Demand ETF |
| Currency Code | USD |
| Open Figi | BBG0136JMRV6 |
| In Threey Volatility | 26.76 |
| 1y Volatility | 18.19 |
| 200 Day M A | 29.3715 |
| 50 Day M A | 33.0052 |
| Code | OND |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.22) |
ProShares On Demand ETF [OND] is traded in USA and was established 2021-10-26. The fund is classified under Communications category within ProShares family. The entity is thematically classified as Strategy ETFs. ProShares On Demand now have 896.26 K in assets. , while the total return for the last 3 years was -2.1%.
Check ProShares Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ProShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ProShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ProShares On Demand ETF Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
ProShares On Demand Currency Exposure
ProShares On Demand ETF holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of ProShares will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in ProShares On Demand ETF.
Top ProShares On Demand ETF Etf Constituents
| 259960 | Krafton | Stock | Electronic Gaming & Multimedia | |
| 3293 | International Games System | Stock | Electronic Gaming & Multimedia | |
| UBI | Ubisoft Entertainment | Stock | Electronic Gaming & Multimedia | |
| DHER | Delivery Hero SE | Stock | Consumer Discretionary | |
| UBER | Uber Technologies | Stock | Industrials | |
| ZOMATO | Zomato Limited | Stock | Consumer Discretionary | |
| 036570 | NCsoft Corp | Stock | Communication Services | |
| EA | Electronic Arts | Stock | Communication Services |
ProShares On Demand Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1475 | |||
| Jensen Alpha | 0.1296 | |||
| Total Risk Alpha | 0.0277 | |||
| Sortino Ratio | 0.087 |
ProShares Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProShares On Demand ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of ProShares On Demand is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares' value that differs from its market value or its book value, called intrinsic value, which is ProShares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares' market value can be influenced by many factors that don't directly affect ProShares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares' value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.