SKYU vs OND

Comparison between PROSHARES ULTRA NASDAQ CLOUD COMPUTING (SKYU, ETF) and PROSHARES ON-DEMAND ETF PROSHARE ON-DEMAND ETF (OND, ETF).

5-Year PerformanceOND has outperformed SKYU, delivering a return of -2.9% compared to -3.1%

SKYU vs OND - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SKYU(ETF)	OND(ETF)
Net Assets	$3.60M	$3.50M
Expense Ratio	N/A	0.58%
Max Drawdown	83.01%	59.03%
Sharpe Ratio	0.45	-0.89
5Y Beta	2.65	0.77
P/E Ratio	96.01	130.89
Forward P/E	23.39	N/A
PEG Ratio	N/A	0.13
Debt to Equity	-45.94%	12.41%
P/S Ratio	3.77	3.85
P/B Ratio	7.53	5.90

Net Assets

Winner

SKYU

$3.60M

OND

$3.50M

Expense Ratio

SKYU

N/A

OND

0.58%

Max Drawdown

SKYU

83.01%

Winner

OND

59.03%

Sharpe Ratio

Winner

SKYU

0.45

OND

-0.89

5Y Beta

SKYU

2.65

Winner

OND

0.77

P/E Ratio

Winner

SKYU

96.01

OND

130.89

Forward P/E

SKYU

23.39

OND

N/A

PEG Ratio

SKYU

N/A

OND

0.13

Debt to Equity

Winner

SKYU

-45.94%

OND

12.41%

P/S Ratio

Winner

SKYU

3.77

OND

3.85

P/B Ratio

SKYU

7.53

Winner

OND

5.90

SKYU vs OND - Holdings Comparison

SKYU and OND have 1 common holdings. Overlap is -5.06%

SKYU's top 25 holdings weight is 85.92%. OND's top 25 holdings weight is 98.44%.

Rank	SKYU	OND
#1	CASH (n/a) - 31.14%	DELIVERY HERO SE (n/a) - 7.33%
#2	CTE PROSHARES TRUST M (n/a) - 11.04%	NVIDIA CORP (NVDA) - 6.44%
#3	DIGITALOCEAN HOLDINGS INC (DOCN) - 3.62%	ELECTRONIC ARTS INC (EA) - 5.21%
#4	NUTANIX INC CLASS A (NTNX) - 2.52%	NETEASE INC ORDINARY SHARES (n/a) - 4.74%
#5	ORACLE CORP (ORCL) - 2.48%	TAKE-TWO INTERACTIVE SOFTWARE INC (TTWO) - 4.73%
#6	ALPHABET INC CLASS A (GOOGL) - 2.48%	SPOTIFY TECHNOLOGY SA (SPOT) - 4.67%
#7	AMAZON.COM INC (AMZN) - 2.46%	MEITUAN CLASS B (n/a) - 4.52%
#8	EVERPURE INC CLASS A (P) - 2.36%	INTERNATIONAL GAMES SYSTEM CO LTD (n/a) - 4.38%
#9	LUMEN TECHNOLOGIES INC ORDINARY SHARES (LUMN) - 2.15%	NETFLIX INC (NFLX) - 4.38%
#10	ARISTA NETWORKS INC (ANET) - 2.11%	CAPCOM CO LTD (n/a) - 4.20%
#11	MICROSOFT CORP (MSFT) - 2.11%	UBER TECHNOLOGIES INC (UBER) - 4.13%
#12	COREWEAVE INC ORDINARY SHARES CLASS A (CRWV) - 2.09%	JOBY AVIATION INC (JOBY) - 4.10%
#13	CISCO SYSTEMS INC (CSCO) - 1.93%	BILIBILI INC CLASS Z (n/a) - 3.85%
#14	AKAMAI TECHNOLOGIES INC (AKAM) - 1.91%	DOORDASH INC ORDINARY SHARES CLASS A (DASH) - 3.67%
#15	INTERNATIONAL BUSINESS MACHINES CORP (IBM) - 1.85%	KRAFTON INC (n/a) - 3.67%
#16	MONGODB INC CLASS A (MDB) - 1.69%	GRAB HOLDINGS LTD CLASS A (GRAB) - 3.65%
#17	TWILIO INC CLASS A (TWLO) - 1.62%	LYFT INC CLASS A (LYFT) - 3.24%
#18	CLOUDFLARE INC (NET) - 1.60%	NC CORP (n/a) - 3.21%
#19	n/a (DELL) - 1.58%	NEXON CO LTD (n/a) - 3.15%
#20	HEWLETT PACKARD ENTERPRISE CO (HPE) - 1.52%	CD PROJEKT SA (n/a) - 3.10%
#21	RUBRIK INC CLASS A SHARES (RBRK) - 1.23%	TENCENT MUSIC ENTERTAINMENT GROUP CLASS A (n/a) - 2.72%
#22	NETAPP INC (NTAP) - 1.22%	LIFE360 INC COMMON STOCK (LIF) - 2.59%
#23	ATLASSIAN CORP CLASS A (TEAM) - 1.15%	ROBLOX CORP ORDINARY SHARES CLASS A (RBLX) - 2.46%
#24	APPLOVIN CORP ORDINARY SHARES CLASS A (APP) - 1.09%	AMBARELLA INC (AMBA) - 2.41%
#25	ADOBE INC (ADBE) - 0.97%	PELOTON INTERACTIVE INC (PTON) - 1.89%
Total Holdings	65	34

SKYU vs OND - Historical Returns

Returns include dividend reinvestment.

Period	SKYU	OND
1 month	+11.47%	-2.53%
3 months	+37.18%	-0.65%
6 months	-4.38%	-18.59%
1 year	+13.51%	-15.98%
5 years(CAGR)	-3.09%	-2.94%
Max(CAGR)	-2.19%	-2.94%

Winner

SKYU

+11.47%

OND

-2.53%

Winner

SKYU

+37.18%

OND

-0.65%

Winner

SKYU

-4.38%

OND

-18.59%

Winner

SKYU

+13.51%

OND

-15.98%

5Y(CAGR)

SKYU

-3.09%

Winner

OND

-2.94%

Max(CAGR)

Winner

SKYU

-2.19%

OND

-2.94%

SKYU vs OND - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	SKYU	OND
2026	+1.90%	-18.60%
2025	+1.89%	+25.99%
2024	+76.60%	+35.50%
2023	+105.38%	+25.68%
2022	-75.95%	-42.46%
2021	+7.15%	-14.36%

SKYU vs OND Drawdown Comparison

The maximum drawdown for SKYU was -83.01%, occurring on Jan 5, 2023. This drawdown has not yet recovered.

The maximum drawdown for OND was -59.02%, occurring on Oct 14, 2022. Recovery took 902 trading sessions.

The current SKYU drawdown is -36.75%. The current OND drawdown is -30.54%.

Rank	SKYU	OND
#1	-83.01% Nov 9, 2021 - Jan 5, 2023	-59.02% Nov 16, 2021 - Jun 24, 2025
#2	-32.30% Feb 9, 2021 - Oct 19, 2021	-33.80% Oct 6, 2025 - Mar 30, 2026
#3	-3.51% Jan 26, 2021 - Feb 2, 2021	-5.02% Jul 23, 2025 - Aug 12, 2025
#4	-3.46% Oct 25, 2021 - Nov 4, 2021	-3.27% Nov 1, 2021 - Nov 11, 2021
#5	-2.52% Nov 4, 2021 - Nov 8, 2021	-2.68% Sep 19, 2025 - Oct 2, 2025
#6	-1.37% Jan 22, 2021 - Jan 26, 2021	-2.36% Aug 18, 2025 - Sep 8, 2025
#7	-0.78% Oct 21, 2021 - Oct 25, 2021	-2.32% Jun 30, 2025 - Jul 16, 2025
#8	N/A	-1.45% Nov 12, 2021 - Nov 16, 2021
#9	N/A	-1.11% Jul 21, 2025 - Jul 23, 2025
#10	N/A	-1.02% Oct 28, 2021 - Nov 1, 2021
#11	N/A	-0.83% Jun 24, 2025 - Jun 26, 2025
#12	N/A	-0.64% Aug 13, 2025 - Aug 18, 2025
#13	N/A	-0.35% Oct 2, 2025 - Oct 6, 2025