OND vs. KTEC ETF Comparison
Comparison of ProShares On-Demand ETF (OND) to KraneShares Hang Seng TECH Index ETF (KTEC)
OND
ProShares On-Demand ETF
OND Description
ProShares On-Demand ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies that provide on-demand platforms and services to consumers such as console games software, fitness and exercise equipment, food delivery services, general entertainment content providers and sites, handheld and smart phone games software, home and office virtual reality software, media download and streaming digital content sites, mobile platform applications software, multi-type passenger transportation, online game websites and software, other games software, other media equipment manufacturing, video multimedia semiconductors, virtual reality design and engineering software and virtual reality equipment sectors. The fund invests in growth and value stocks of companies across diversified market capitalizations. It seeks to track the performance of the FactSet On-Demand Index, by using full replication technique. ProShares On-Demand ETF was formed on October 26, 2021 and is domiciled in the United States.
Grade (RS Rating)
Last Trade
$28.54
Average Daily Volume
247
13
KTEC
KraneShares Hang Seng TECH Index ETF
KTEC Description
KTEC is passively managed to provide exposure to the 30 largest Chinese technology companies listed in Hong Kong. The fund selects companies headquartered and operating primarily in Greater China (Hong Kong, Macau, and Mainland China). Companies should be in the industrials, consumer discretionary, health care, financials, or information technology sectors. These companies should also display strong research and development investment and high revenue growth under the following themes: internet, fintech, cloud computing, e-commerce, and digital technology. KTEC primarily invests in H-shares, but also includes the other major share classes like A, B, and N-shares, red chips, P and S-chips. The index is market-cap-weighted with an 8% cap limit per individual security. Holdings are rebalanced quarterly and reconstituted at least semi-annually.Grade (RS Rating)
Last Trade
$12.79
Average Daily Volume
9,304
8
Performance
Period | OND | KTEC |
---|---|---|
30 Days | 4.90% | 21.03% |
60 Days | 5.22% | 16.20% |
90 Days | 5.58% | 27.10% |
12 Months | 32.41% | 5.65% |
1 Overlapping Holdings
Symbol | Grade | Weight in OND | Weight in KTEC | Overlap | |
---|---|---|---|---|---|
BILI | C | 2.97% | 1.58% | 1.58% |
OND: Top Represented Industries & Keywords
KTEC: Top Represented Industries & Keywords