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ONDvsPNQIETF 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

PNQI

Invesco NASDAQ Internet ETF

This fund is part of

Digital Infrastructure and Connectivity

-1.35%

Full PNQI fund page

ProShares On-Demand ETF (OND) and Invesco NASDAQ Internet ETF (PNQI) belong to the same industry segment: Digital Infrastructure and Connectivity. OND's top 3 sector exposures are Technology, Consumer Services and Industrials. In contrast, PNQI's top sector exposures are Technology, Consumer Services and Consumer Non-Cyclicals. OND is less expensive with a Total Expense Ratio (TER) of 0.58%, versus 0.6% for PNQI. OND is down -19.26% year-to-date (YTD) with -$3M in YTD flows. PNQI performs better with -3.26% YTD performance, and -$182M in YTD flows. Run a side-by-side ETF comparison of OND and PNQI 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 PNQI 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 PNQI	-0.04%+2.20%	-4.62%+6.21%	-19.26%-3.26%	-28.11%-3.88%	+52.83%+67.53%	n/a+3.90%
Flows	OND PNQI	-+$7M	-$887K-$16M	-$3M-$182M	-$3M-$200M	+$2M-$382M	--$502M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	OND PNQI	+16.52%+21.13%	+18.33%+20.60%	+18.75%+20.99%	n/a+27.08%
Max drawdown	OND PNQI	-9.93%-6.63%	-30.76%-24.67%	-33.12%-24.82%	n/a-58.41%
Max drawdown duration	OND PNQI	67d15d	352d353d	375d390d	n/a1212d

Trading data

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	OND	PNQI
Last sale 10/13/2026 at 1:30 PM	$33.32	$52.17
Previous close 10/12/2026	$33.32	$53.37
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	PNQI
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	PNQI
Last price	$33.32	$52.17
1D performance	+0.00%	-2.25%
AuM	$2.49 M	$546.34 M
E/R	0.58%	0.6%

Characteristics

	OND	PNQI
Management strategy	Passive	Passive
Provider	ProShares	Invesco
Benchmark	FactSet On-Demand Index	NASDAQ CTA Internet Index
N° of holdings	26	77
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	October 27, 2021	June 12, 2008
ESG	No	No

More OND data on Trackinsight

More PNQI data on Trackinsight

Exposure

Countries

OND

USA

43.57%

China

18.91%

Japan

8.94%

Other

28.58%

PNQI

USA

83.95%

Other

16.05%

Sectors

OND

Technology

65.53%

Consumer Services

20.45%

Industrials

12.5%

Other

1.52%

PNQI

Technology

56.27%

Consumer Services

15.63%

Consumer Non-Cycl.

15.11%

Finance

7.67%

Other

5.33%

Diversification

OND

Total weight of top 15 holdings out of 15

70.8%

PNQI

Total weight of top 15 holdings out of 15

73.43%

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%

PNQI

Microsoft Corp.

8.39%

Apple, Inc.

7.55%

Amazon.com, Inc.

7.08%

Meta Platforms, Inc.

6.76%

Alphabet, Inc.

6.71%

Salesforce, Inc.

4.93%

Shopify, Inc.

4.86%

Booking Holdings, Inc.

4.27%

Uber Technologies, Inc.

4.09%

The Walt Disney Co.

3.92%

Netflix, Inc.

3.47%

Adobe, Inc.

3.18%

Spotify Technology SA

2.95%

MercadoLibre, Inc.

2.67%

DoorDash, Inc.

2.59%

Frequently asked questions about OND and PNQI

How have the OND and PNQI ETFs performed in 2026?

As of October 16, 2026, OND is down -19.26% year-to-date (YTD), while PNQI has lost -3.26%. That puts PNQI better performer ahead so far this year.

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

Year-to-date, the OND ETF saw -$3M in flows, compared to -$182M for PNQI.

Which ETF is more volatile: OND or PNQI?

Over the past year, OND had a volatility of 18.33%, while PNQI experienced 20.6%.

Which ETF is bigger: OND or PNQI?

As of October 16, 2026, OND holds $2.49 M in assets under management (AUM), while PNQI manages $546.34 M.

What sectors do the OND and PNQI ETFs invest in?

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

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

OND top holdings include DoorDash, Inc., Uber Technologies, Inc. and Spotify Technology SA. PNQI holds in its top three: Microsoft Corp., Apple, Inc. and Amazon.com, Inc..

ONDvsPNQIETF Comparison

ProShares On-Demand ETF

Invesco NASDAQ Internet ETF

OND vs PNQI 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 PNQI ETFs performed in 2026?

As of October 16, 2026, OND is down -19.26% year-to-date (YTD), while PNQI has lost -3.26%. That puts PNQI better performer ahead so far this year.

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

Year-to-date, the OND ETF saw -$3M in flows, compared to -$182M for PNQI.

Which ETF is more volatile: OND or PNQI?

Over the past year, OND had a volatility of 18.33%, while PNQI experienced 20.6%.

Which ETF is bigger: OND or PNQI?

As of October 16, 2026, OND holds $2.49 M in assets under management (AUM), while PNQI manages $546.34 M.

What sectors do the OND and PNQI ETFs invest in?

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

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

OND top holdings include DoorDash, Inc., Uber Technologies, Inc. and Spotify Technology SA. PNQI holds in its top three: Microsoft Corp., Apple, Inc. and Amazon.com, Inc..

Which ETF is more diversified: OND or PNQI?

OND holds 26 securities with 70.8% of its assets in the top 15. PNQI has 77 securities and a top 15 weight of 73.43%.

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