ONDG:NASDAQLeverage Shares 2X Long ONDS Daily ETF Analysis
Data as of 2026-08-18 - not real-time
$3.36
Latest Price
8/10Risk
Risk Level: High
Executive Summary
The moving-average structure behind Leverage Shares 2X Long ONDS Daily ETF is bearish at $3.36, with short-term averages lagging the long-term ones. It has gained 14.7% over the past 30 days. Momentum indicators put RSI at 50.5 (neutral) with MACD reading bullish. Watch $2.05 as support and $4.28 as the nearer resistance level.
The 0.75% expense ratio is middling for its category, and the fund manages $25.6M in assets.
The composite risk read is 8/10, putting it in high territory. With 30-day volatility of 189.6%, a beta of 6.34 and a maximum drawdown of 87.9%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 93 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 $25.6M in assets.
The composite risk read is 8/10, putting it in high territory. With 30-day volatility of 189.6%, a beta of 6.34 and a maximum drawdown of 87.9%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 93 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.
Top Market Events
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Market Outlook
Short Term
< 1 yearCautious
Model confidence: 4/10
Key Factors
- Short-term moving averages stacked below long-term ones
- Trading below the 200-day average of 6.15
- MACD momentum is positive
Medium Term
1–3 yearsNeutral
Model confidence: 3/10
Key Factors
- Short-term moving averages stacked below long-term ones
- Trading below the 200-day average of 6.15
- 30-day volatility of 189.6%
Long Term
> 3 yearsNeutral
Model confidence: 2/10
Key Factors
- 30-day volatility of 189.6%
- Beta of 6.34 versus the benchmark
- Maximum drawdown of 87.9%
Key Metrics & Analysis
Fund Metrics
Expense Ratio0.75%
AUM$25.6M
Inception Date2026-01-12
Avg Daily Volume4,859,850
Premium/Discount0.00%
Tracking Error0.00%
Technical Analysis
TrendBearish
RSI50.5
Support$2.05
Resistance$4.28
MA 20$3.17
MA 50$3.31
MA 200$6.15
MACDBullish
VolumeIncreasing
Fear & Greed Index93.09
Risk Assessment
Beta6.34
Volatility189.58%
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.