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ONDU

GradeFChicago Board Options Exchange

Tradr 2X Long ONDS Daily ETF

Leveraged · Single-Stock Leveraged · Tradr · Inception 2026-01-12

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$14.83−0.61 (−3.95%)

As of Sep 23, 2026, 2:12 PM EDT

History starts Jan 13, 2026.History starts Jan 13, 2026.
Intraday session: down, 32 prints from 15.44 to 14.83. Range 14.67 to 16.02. Use the arrow keys to read each point.$15.00$15.50$16.0010 AM12 PM2 PM4 PM
Expense ratio
1.49%
Fund size
$4M
1Y return
—
Yield · Last 12 months
—
Volume · 30D
0.2M sh
NAV per share
$15.34
52W range
low $2.92high $29.78

The ETF.net ONDU Grade

F

22/ 100

Rank 281 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for ONDU. Scores out of 100: Cost 13, Risk 24, Mission 84, Tradability 32, Holdings not scored, Durability 49. Strongest: Mission (84). Weakest: Cost (13). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 22 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.

Ceiling 40 · B and A out of reach

The pillars earned23This cap took−0Published score22 Grade F

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 13
    Category rank333/380 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 84
    Category rank109/147 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    FScore 24
    Category rank256/285 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 32
    Category rank269/380 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 49
    Category rank197/380 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on ONDU

ETF.net Research

FTwo times the daily move of Ondas Holdings, the drone and private-wireless small cap, in one ticker. Most single-stock leverage points at megacaps; this one takes aim at a name that already swings hard, then doubles it.

Stated mandate

The fund seeks daily investment results, before fees and expenses, equal to two times the daily performance of Ondas Holdings Inc. common shares.

Why people hold it

  1. 01Has tracked its stated two-times daily target on ONDS closely since its January 2026 launch.
  2. 02Geared ONDS exposure in one ticker: no margin account, no borrowing, no options chain to manage.tradretfs.com
  3. 03Rare target. Most 2x single-stock ETFs point at megacaps like AAPL and GOOGL; this one aims at a small-cap drone and private wireless supplier.tipranks.com

Worth knowing

  1. 01At 1.49% it costs more than the typical geared single-stock fund, and more than ONDL, the other 2x ONDS ETF, at 1.31%.
  2. 02Leverage resets daily. Hold past a day and compounding takes over, so results can drift well away from 2x the stock's move, especially in choppy markets.tradretfs.com
  3. 03Young and small: it launched in 2026, and geared single-stock funds that stay modest in size can be closed or merged by the issuer.

ONDU Holdings

As of Sep 20, 2026, 6:39 AM
Asset class
Other
Holdings
—
Top-10 weight
102%
Largest holding
CASHUSD92.8%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—CASHUSD92.77%3,629,768$4M49
002—CFD ONDAS INC9.17%-6,407,485$359K1

Showing 1–2 of 2 holdings

ONDU Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ONDU$6,099
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. ONDU $6,099. SPY $10,415. Use the arrow keys to read each point.$4,657$7,833$11,010Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for ONDU. Periods over one year show the average yearly return.
PeriodONDU
Year to dateFund launched this year—
1 month−25.2%
3 months−39.0%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ONDU
YearReturn barONDU
2026 YTD−86.1%

History from Jan 13, 2026

ONDU in the news

ETF.net Research hasn’t filed on ONDU yet — coverage lands here as it’s written.

ONDU Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Jan 2026. No distributions yet.

ONDU Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Jan 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Jan 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Jan 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
5.03
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

ONDU Cost

Expense ratio1.49%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

267 of the 329 Single-Stock Long Leveraged funds charge less.

ONDU costs $149.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.