OND vs. TRUC
OND (ProShares On-Demand ETF) and TRUC (VanEck Communication Services TruSector ETF) are both Communications Equities funds. OND is passively managed, while TRUC is actively managed. Their 0.61 correlation means they have sometimes moved together and sometimes differently. OND charges 0.58%/yr vs 0.14%/yr for TRUC.
Performance
OND vs. TRUC - Performance Comparison
Loading charts...
Returns By Period
OND
- 1D
- -1.16%
- 1M
- -1.00%
- 6M
- -11.55%
- YTD
- -15.89%
- 1Y
- -17.52%
- 3Y*
- 11.90%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -2.61%
TRUC
- 1D
- 2.86%
- 1M
- -1.40%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.36K | $4.57K | $11.88K | |
| $3.70M | $2.01M | $1.80M |
OND vs. TRUC - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
OND ProShares On-Demand ETF | -4.62% |
TRUC VanEck Communication Services TruSector ETF | -0.56% |
Correlation
The correlation between OND and TRUC is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 19, 2026 | 0.61 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
OND vs. TRUC — Risk / Return Rank
OND
TRUC
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
OND vs. TRUC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares On-Demand ETF (OND) and VanEck Communication Services TruSector ETF (TRUC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OND | TRUC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.87 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.55 | — | — |
| Martin ratioReturn relative to average drawdown | -0.86 | — | — |
Loading charts...
Drawdowns
OND vs. TRUC - Drawdown Comparison
The maximum OND drawdown since its inception was -59.02%, which is greater than TRUC's maximum drawdown of -12.39%. Use the drawdown chart below to compare losses from any high point for OND and TRUC.
Loading charts...
Drawdown Indicators
| OND | TRUC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.02% | -12.39% | -46.63% |
Max Drawdown (1Y)Largest decline over 1 year | -33.80% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -33.80% | — | — |
Current DrawdownCurrent decline from peak | -29.12% | -8.82% | -20.30% |
Average DrawdownAverage peak-to-trough decline | -30.27% | -4.16% | -26.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.38% | — | — |
Volatility
OND vs. TRUC - Volatility Comparison
Loading charts...
Volatility by Period
| OND | TRUC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.56% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 16.70% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 21.12% | 21.29% | -0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.97% | 21.29% | +5.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.97% | 21.29% | +5.68% |
OND vs. TRUC - Expense Ratio Comparison
OND has a 0.58% expense ratio, which is higher than TRUC's 0.14% expense ratio.
Dividends
OND vs. TRUC - Dividend Comparison
OND has not paid dividends to shareholders, while TRUC's dividend yield for the trailing twelve months is around 0.23%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
OND ProShares On-Demand ETF | 0.00% | 0.00% | 0.00% | 0.78% | 0.00% | 0.02% |
TRUC VanEck Communication Services TruSector ETF | 0.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
OND and TRUC have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TRUC is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TRUC is cheaper with a 0.14% expense ratio, compared with 0.58% for OND.
TRUC has the higher dividend yield at 0.23%, compared with 0.00% for OND.
They also come from different issuers: ProShares and VanEck. Their fees differ too: 0.58% for OND and 0.14% for TRUC.
Find the right allocation for OND and TRUC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer