ProShares On-Demand ETF (OND)Communications | Exchange Traded Fund | NYSEArca
33.32 USD
+0.05
(0.150%)
⇧
(Oct. 12, 2026, 9:30 a.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 6:51 a.m. EDT
The ProShares On-Demand ETF presents a classic case of a fundamentally sound business trapped in a liquidity void. Over the last three years, the asset has delivered an exceptional +160% cumulative return, driven by three consecutive years of robust growth, culminating in a massive 41% surge last year. This trajectory confirms a high-quality underlying business with strong momentum. However, the investment thesis faces a severe execution hurdle: the ETF is effectively dead weight. With a daily average volume of fewer than 300 shares and zero options activity, the security suffers from extreme illiquidity. For a retail investor, buying this ETF is akin to trying to exit a position during a market crash; the bid-side liquidity is simply nonexistent. While the long-term fundamentals are excellent, the short-term reality is that you cannot easily enter or exit positions without significant slippage. Consequently, while the business deserves a high rating, the instrument itself warrants a neutral stance due to these structural trading constraints. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.030530 |
| AutoETS | 0.030531 |
| AutoTheta | 0.030702 |
| MSTL | 0.031882 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 57% |
| H-stat | 0.18 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.269 |
| Excess Kurtosis | -0.86 |
| Attribute | Value |
|---|---|
| Trailing P/E | 13.81 |
As of Oct. 10, 2026, 6:51 a.m. EDT: Options activity is virtually dormant with negligible open interest and volume across all strikes. The absence of put or call positioning suggests a lack of speculative conviction or hedging demand, indicating the market is currently indifferent to immediate directional moves.
| Attribute | Value |
|---|---|
| All Time High | 49.0 |
| All Time Low | 0.25 |
| Ask | 0.0 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 107 |
| Average Daily Volume3 Month | 220 |
| Average Volume | 220 |
| Average Volume10Days | 107 |
| Beta3 Year | 1.19 |
| Bid | 0.0 |
| Bid Size | 200 |
| Category | Communications |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 33.32 |
| Day Low | 33.32 |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | 2.411924 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 34.21103 |
| Fifty Day Average Change | -0.89102936 |
| Fifty Day Average Change Percent | -0.026045091 |
| Fifty Two Week Change Percent | -27.414364 |
| Fifty Two Week High | 47.0623 |
| Fifty Two Week High Change | -13.742302 |
| Fifty Two Week High Change Percent | -0.29200232 |
| Fifty Two Week Low | 32.51 |
| Fifty Two Week Low Change | 0.8100014 |
| Fifty Two Week Low Change Percent | 0.024915455 |
| Fifty Two Week Range | 32.51 - 47.0623 |
| First Trade Date Milliseconds | 1,635,255,000,000 |
| Full Exchange Name | NYSEArca |
| Fullday Change | 0.040000916 |
| Fullday Change Percent | 0.12023118 |
| Fullday Price | 33.32 |
| Fund Family | ProShares |
| Fund Inception Date | 1,635,206,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. The 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. Under normal circumstances, it will invest at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified. |
| Long Name | ProShares On-Demand ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1674915023 |
| Nav Price | 33.2086 |
| Net Assets | 2,472,957.0 |
| Net Expense Ratio | 0.58 |
| Open | 33.31 |
| Previous Close | 33.27 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0499992 |
| Regular Market Change Percent | 0.150283 |
| Regular Market Day High | 33.32 |
| Regular Market Day Low | 33.32 |
| Regular Market Day Range | 33.32 - 33.32 |
| Regular Market Open | 33.31 |
| Regular Market Previous Close | 33.27 |
| Regular Market Price | 33.32 |
| Regular Market Time | 1,791,811,800 |
| Regular Market Volume | 277 |
| Short Name | ProShares On-Demand ETF |
| Source Interval | 15 |
| Symbol | OND |
| Three Year Average Return | 0.1601457 |
| Total Assets | 2,472,957 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 13.814698 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -5.32411 |
| Trailing Three Month Returns | -5.32411 |
| Triggerable | 1 |
| Two Hundred Day Average | 35.307144 |
| Two Hundred Day Average Change | -1.9871445 |
| Two Hundred Day Average Change Percent | -0.056281652 |
| Type Disp | ETF |
| Volume | 277 |
| Yield | 0.0 |
| Ytd Return | -19.84213 |