---
ticker: "ONDG"
name: "Themes ETF Trust - Leverage Shares 2X Long ONDS Daily ETF"
url: "https://etf.net/etf/ONDG"
grade: "B"
score: 57
graded_at: "2026-10-12"
category: "Single-Stock Long Leveraged"
category_rank: "52 of 380"
methodology: "https://etf.net/methodology"
---

# ONDG: Themes ETF Trust - Leverage Shares 2X Long ONDS Daily ETF

Grade **B**, Score 57 of 100. Rank 52 of 380 in Single-Stock Long Leveraged.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 67 | 87 of 380 |
| Mission | Not scored | — |
| Risk | 22 | 327 of 363 |
| Tradability | 75 | 63 of 380 |
| Holdings | Not scored | — |
| Durability | 55 | 159 of 380 |

## Top holdings

The fund holds 5 positions. These are the largest 5, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Zev Ventures Inc Swap Marex | 162.85% |
| 2 | — | Zev Ventures Inc Swap Cs | 30.12% |
| 3 | — | First American Treasury Obligations Fund 01/01/2040 | 8.65% |
| 4 | — | Zev Ventures Inc Swap Js | 4.40% |
| 5 | — | Zev Ventures Inc Swap Cf | 2.63% |

Source: etf.net, https://etf.net/etf/ONDG. Please cite the page URL.