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ONDvsFDNETF Comparison

ETF 1

OND

ProShares On-Demand ETF

This fund is part of

Digital Infrastructure and Connectivity

-1.35%

Full OND fund page

VS

ETF 2

FDN

First Trust Dow Jones Internet Index Fund ETF

This fund is part of

Digital Infrastructure and Connectivity

-1.35%

Full FDN fund page

ProShares On-Demand ETF (OND) and First Trust Dow Jones Internet Index Fund ETF (FDN) belong to the same industry segment: Digital Infrastructure and Connectivity. OND's top 3 sector exposures are Technology, Consumer Services and Industrials. In contrast, FDN's top sector exposures are Technology, Consumer Services and Consumer Non-Cyclicals. OND is more expensive with a Total Expense Ratio (TER) of 0.58%, versus 0.49% for FDN. OND is down -19.26% year-to-date (YTD) with -$3M in YTD flows. FDN performs better with 9.2% YTD performance, and -$1.53B in YTD flows. Run a side-by-side ETF comparison of OND and FDN below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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OND vs FDN performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/16/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	OND FDN	-0.04%+1.38%	-4.62%+6.04%	-19.26%+9.20%	-28.11%+5.17%	+52.83%+82.00%	n/a+20.14%
Flows	OND FDN	-+$64K	-$887K-$153M	-$3M-$1.53B	-$3M-$2.69B	+$2M-$3.66B	--$5.43B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	OND FDN	+16.52%+20.99%	+18.33%+20.86%	+18.75%+21.91%	n/a+28.01%
Max drawdown	OND FDN	-9.93%-6.94%	-30.76%-20.89%	-33.12%-24.97%	n/a-53.67%
Max drawdown duration	OND FDN	67d16d	352d213d	375d129d	n/a1113d

Trading data

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	OND	FDN
Last sale 10/13/2026 at 1:30 PM	$33.32	$283.90
Previous close 10/12/2026	$33.32	$293.97
Consolidated volume 10/12/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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	OND	FDN
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/13/2026 at 1:30 PM

Live

Closed

	OND	FDN
Last price	$33.32	$283.90
1D performance	+0.00%	-3.43%
AuM	$2.49 M	$5.35 B
E/R	0.58%	0.49%

Characteristics

	OND	FDN
Management strategy	Passive	Passive
Provider	ProShares	First Trust
Benchmark	FactSet On-Demand Index	Dow Jones Internet Composite Index
N° of holdings	26	40
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	October 27, 2021	June 19, 2006
ESG	No	No

More OND data on Trackinsight

More FDN data on Trackinsight

Exposure

Countries

OND

USA

43.57%

China

18.91%

Japan

8.94%

Other

28.58%

FDN

USA

99.89%

Other

0.11%

Sectors

OND

Technology

65.53%

Consumer Services

20.45%

Industrials

12.5%

Other

1.52%

FDN

Technology

69.35%

Consumer Services

12.22%

Consumer Non-Cycl.

11.59%

Other

6.84%

Diversification

OND

Total weight of top 15 holdings out of 15

70.8%

FDN

Total weight of top 15 holdings out of 15

76.23%

Top 15 holdings

Data as of August 31, 2026

OND

DoorDash, Inc.

6.80%

Uber Technologies, Inc.

5.19%

Spotify Technology SA

5.09%

Take-Two Interactive Software, Inc.

4.96%

Grab Holdings Ltd. (Singapore)

4.90%

NetEase, Inc.

4.82%

NVIDIA Corp.

4.74%

Capcom Co., Ltd.

4.71%

Netflix, Inc.

4.57%

Meituan

4.41%

Delivery Hero SE

4.35%

Roblox Corp.

4.27%

Lyft, Inc.

4.27%

NEXON Co., Ltd.

4.23%

Tencent Music Entertainment Group

3.48%

FDN

Amazon.com, Inc.

9.83%

Meta Platforms, Inc.

9.30%

Cisco Systems, Inc.

7.36%

Salesforce, Inc.

6.24%

Arista Networks, Inc.

5.15%

Booking Holdings, Inc.

5.03%

Alphabet, Inc.

4.80%

Snowflake, Inc.

4.18%

Oracle Corp.

4.08%

Netflix, Inc.

4.07%

Alphabet, Inc.

3.83%

Cloudflare, Inc.

3.45%

DoorDash, Inc.

3.23%

Airbnb, Inc.

2.88%

Datadog, Inc.

2.80%

Frequently asked questions about OND and FDN

How have the OND and FDN ETFs performed in 2026?

As of October 16, 2026, OND is down -19.26% year-to-date (YTD), while FDN has returned 9.2%. That puts FDN better performer ahead so far this year.

Which ETF is attracting more investor money: OND or FDN?

Year-to-date, the OND ETF saw -$3M in flows, compared to -$1.53B for FDN.

Which ETF is more volatile: OND or FDN?

Over the past year, OND had a volatility of 18.33%, while FDN experienced 20.86%.

Which ETF is bigger: OND or FDN?

As of October 16, 2026, OND holds $2.49 M in assets under management (AUM), while FDN manages $5.35 B.

What sectors do the OND and FDN ETFs invest in?

OND leans toward sectors like Technology, Consumer Services and Industrials. Meanwhile, FDN focuses on Technology, Consumer Services and Consumer Non-Cyclicals.

What are the top holdings of the OND ETF and FDN ETF?

OND top holdings include DoorDash, Inc., Uber Technologies, Inc. and Spotify Technology SA. FDN holds in its top three: Amazon.com, Inc., Meta Platforms, Inc. and Cisco Systems, Inc..

Which ETF is more diversified: OND or FDN?

OND holds 26 securities with 70.8% of its assets in the top 15. FDN has 41 securities and a top 15 weight of 76.23%.

Diving into Next Generation Internet

September 26, 2022

FDN

ONDvsFDNETF Comparison

ProShares On-Demand ETF

First Trust Dow Jones Internet Index Fund ETF

OND vs FDN performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the OND and FDN ETFs performed in 2026?

As of October 16, 2026, OND is down -19.26% year-to-date (YTD), while FDN has returned 9.2%. That puts FDN better performer ahead so far this year.

Which ETF is attracting more investor money: OND or FDN?

Year-to-date, the OND ETF saw -$3M in flows, compared to -$1.53B for FDN.

Which ETF is more volatile: OND or FDN?

Over the past year, OND had a volatility of 18.33%, while FDN experienced 20.86%.

Which ETF is bigger: OND or FDN?

As of October 16, 2026, OND holds $2.49 M in assets under management (AUM), while FDN manages $5.35 B.

What sectors do the OND and FDN ETFs invest in?

OND leans toward sectors like Technology, Consumer Services and Industrials. Meanwhile, FDN focuses on Technology, Consumer Services and Consumer Non-Cyclicals.

What are the top holdings of the OND ETF and FDN ETF?

OND top holdings include DoorDash, Inc., Uber Technologies, Inc. and Spotify Technology SA. FDN holds in its top three: Amazon.com, Inc., Meta Platforms, Inc. and Cisco Systems, Inc..

Which ETF is more diversified: OND or FDN?

OND holds 26 securities with 70.8% of its assets in the top 15. FDN has 41 securities and a top 15 weight of 76.23%.

Diving into Next Generation Internet

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