ONDG:NASDAQLeverage Shares 2X Long ONDS Daily ETF analysis
Data as of Oct 17, 2026 - not real-time
- Latest price
- $1.41
- Risk: high
- 8/10High risk
Summary
The moving-average structure behind Leverage Shares 2X Long ONDS Daily ETF is bearish at $1.41, with short-term averages lagging the long-term ones. It has lost 40.0% over the past 30 days. Momentum indicators put RSI at 29.4 (oversold) with MACD reading bearish. Watch $1.30 as support and $2.54 as the nearer resistance level.
The 0.75% expense ratio is middling for its category, and the fund manages $23.0M in assets.
The composite risk read is 8/10, putting it in high territory. With 30-day volatility of 91.9%, a beta of 6.37 and a maximum drawdown of 91.5%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 86 on the fear-greed composite.
Timeframes disagree: the short-term read is sell while the long-term read is hold, conviction 2 out of 10.
The 0.75% expense ratio is middling for its category, and the fund manages $23.0M in assets.
The composite risk read is 8/10, putting it in high territory. With 30-day volatility of 91.9%, a beta of 6.37 and a maximum drawdown of 91.5%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 86 on the fear-greed composite.
Timeframes disagree: the short-term read is sell while the long-term read is hold, conviction 2 out of 10.
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Market outlook
Short term
< 1 yearCautious
Model confidence4/104 out of 10
Key factors
- Short-term moving averages stacked below long-term ones
- RSI at 29.4 signals oversold conditions
- Trading below the 200-day average of 5.28
Medium term
1–3 yearsNeutral
Model confidence3/103 out of 10
Key factors
- Short-term moving averages stacked below long-term ones
- RSI at 29.4 signals oversold conditions
- Trading below the 200-day average of 5.28
Long term
> 3 yearsNeutral
Model confidence2/102 out of 10
Key factors
- 30-day volatility of 91.9%
- Beta of 6.37 versus the benchmark
- Maximum drawdown of 91.5%
Key metrics
Fund metrics
Expense Ratio0.75%
AUM$23.0M
Inception Date2026-01-12
Avg Daily Volume2,991,350
Premium/Discount0.00%
Tracking Error0.00%
Technical analysis
TrendBearish
RSI29.4
Support$1.30
Resistance$2.54
MA 20$2.01
MA 50$2.49
MA 200$5.28
MACDBearish
VolumeDecreasing
Fear & Greed Index85.73
Risk assessment
Beta6.37
Volatility91.91%
Sector RiskMedium
Currency RiskLow
Liquidity RiskMedium
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.