OND Fees and Costs — ProShares On Demand ETF
Data updated: 2026-08-14
The net expense ratio is 0.58%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1K in broker commissions, 0.0286% of average net assets, and portfolio turnover was 36%.
OND Fees and Expenses
Annual operating expenses and sales charges of OND. Prospectus, as of May 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.58% |
| Fee waiver | — |
| Net expense ratio | 0.58% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
OND Costs Over Time
On $10,000 invested in OND, assuming 5% a year before costs, total costs come to $384 over 5 years, cutting the return by 0.64% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.58%) | $61 | $191 | $332 |
| Trading costs (broker commissions) | $3 | $9 | $16 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $64 | $210 | $384 |
| Value after costs | $10,436 | $11,366 | $12,379 |
| Impact on return, per year | 0.64% | 0.64% | 0.64% |
OND Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0286%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $3.6M
- Portfolio turnover (prospectus): 36%
- Securities on loan, average value: $233K
- Net income from securities lending: $1K (0.022% of average net assets)
OND Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1K | 100.00% |
OND Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.2M | 32.84% |
| UBS Securities LLC | $981K | 27.57% |
| Mizuho Securities USA LLC | $745K | 20.95% |
| Jane Street Capital, LLC | $580K | 16.29% |
| Citigroup Global Markets Inc. | $84K | 2.35% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.