OND vs VOO
Proshares On Demand ETF vs Vanguard S&P 500 ETF
Which is better, OND or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 47.2%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | OND | VOO |
|---|---|---|
| Expense Ratio | 0.58% | 0.03%Best |
| AUM | $3M | $997.4B |
| Dividend Yield | 0.00% | 1.08% |
| Holdings | 27 | 509 |
| YTD Return | -16.31% | +13.37%Best |
| 1Y Return | -21.87% | +20.08%Best |
| 3Y Return (annualized) | +14.79% | +21.29%Best |
| 5Y Return (annualized) | - | +12.89% |
| Volatility (annualized) | 24.4% | 15.6%Best |
| Max Drawdown | -59.0% | -24.5%Best |
| $10,000 over 4.9 years | $8,945 | $18,256Best |
| Top 10 Weight | 47.2% | 36.4%Best |
| Fund Family | ProShares | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 26, 2021 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 4.9 years row, are measured over the window both funds cover: Oct 27, 2021 to Sep 4, 2026 (4.9 years).
OND vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.9 years both funds cover.
OND vs VOO Performance
Proshares On Demand ETF (OND) is an ETF from ProShares and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year OND returned -21.87% while VOO returned +20.08%. Year to date, OND is down 16.31% versus a gain of 13.37% for VOO.
Over three years, OND compounded at +14.79% per year against +21.29% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OND has been the more volatile fund, with annualized monthly volatility of 24.4% compared with 15.6% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -59.0% for OND and -24.5% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OND charges 0.58% per year while VOO charges 0.03%. On a $10,000 position that is $58 vs $3 annually, a gap of $55 per year that compounds over a long holding period. On income, OND currently yields 0.00% against 1.08% for VOO.
Holdings Overlap
23.7% of OND's money is in holdings VOO also owns. 8.4% of VOO's money is in holdings OND also owns.
OND and VOO share little of their money.
5 positions in common, counted across the 27 positions we hold weights for in OND and 505 in VOO, against full books of 27 and 509.
What only one of them owns
Our book lists 492 positions for VOO that do not appear in our book for OND (91.1% of the fund), and 6 for OND that do not appear in VOO (19.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
23.7% of OND is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, OND or VOO?
OND has an expense ratio of 0.58% while VOO charges 0.03%. VOO is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, OND or VOO?
Over the past year OND returned -21.87% vs +20.08% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OND or VOO?
OND has been the more volatile fund at 24.4% annualized versus 15.6% for VOO. Worst drawdown: OND -59.0% vs VOO -24.5%.
Should I hold both OND and VOO?
OND and VOO have a monthly-return correlation of 0.77, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between OND and VOO?
23.7% of OND's money is in holdings VOO also owns. 8.4% of VOO's is in holdings OND also owns. They hold 5 positions in common, counted across the 27 positions we hold weights for in OND and 505 in VOO.
Which pays a higher dividend, OND or VOO?
OND yields 0.00% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
Is VOO better than OND?
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.