ProShares - On-Demand ETF (OND)
ProShares - On-Demand ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $35.72, up 0.00% on the session, giving a market capitalisation of $6.0M. Its beta of 1.20 implies it has historically moved more than the broad market.
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.
ProShares - On-Demand ETF is most often compared with the following Financial Services names: