{"url":"https://etfiq.com/compare/leverage/ondg-vs-ondu","section":"compare","title":"ONDG vs ONDU: which held to its multiple? | ETFIQ","description":"ONDG sets out to return +2 times ONDS each day and ONDU +2 times. Over the three months to Sep 30, 2026 they finished \u221215.8 pts and \u221215.3 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, ONDG or ONDU?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, ONDG finished 15.8 points from what its multiple implies and ONDU finished 15.3 points from its own, so ONDU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are ONDG and ONDU levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Ondas, ONDG at +2 times and ONDU at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, ONDG or ONDU?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window ONDG\u2019s moved at 78% annualized and ONDU\u2019s at 78%, so ONDG has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold ONDG or ONDU for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, ONDG or ONDU?","acceptedAnswer":{"@type":"Answer","text":"ONDG charges 0.75% a year and ONDU charges 1.49%, so ONDG is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"ONDG vs ONDU","item":"https://etfiq.com/compare/leverage/ondg-vs-ondu"}]},{"@type":"WebPage","name":"ONDG vs ONDU: which held to its multiple?","description":"ONDG sets out to return +2 times ONDS each day and ONDU +2 times. Over the three months to Sep 30, 2026 they finished \u221215.8 pts and \u221215.3 pts away.","url":"https://etfiq.com/compare/leverage/ondg-vs-ondu","dateModified":"2026-09-30","abstract":"Over the days both have traded, ONDG finished 3.3 points from its stated multiple and ONDU 2.7.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of ONDG and ONDU","description":"ONDG sets out to return +2 times ONDS each day and ONDU +2 times. Over the three months to Sep 30, 2026 they finished \u221215.8 pts and \u221215.3 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/ondg-vs-ondu","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6426,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / ONDG vs ONDU \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n ONDG vs ONDU: which held to its multiple?\n\n Over the days both have traded, ONDG finished 3.3 points from its stated multiple and ONDU 2.7.\n Copy this for sharing \n \n Leverage Shares 2X Long ONDS Daily ETF and Tradr 2X Long ONDS Daily ETF.\n\n Download as PDF \n\n \u221230.7% ONDG returned, 3 months \n \u221230.2% ONDU returned, 3 months \n \u221215.8 pts ONDG from its stated multiple \n \u221215.3 pts ONDU from its stated multiple \n\n ETFIQ Decay Resistance Score: ONDU scores higher\n Did it keep u","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/ondg-vs-ondu","a":{"ticker":"ONDG","name":"Leverage Shares 2X Long ONDS Daily ETF","issuer":"Leverage Shares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: ONDG returned \u221230.7% where its own daily promise gave \u221226.6%, 4.1 points short.","url":"https://etfiq.com/funds/ondg","key_facts":[{"label":"What ONDS did","value":"\u22127.5%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221226.6%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221230.7%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22124.1 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$24m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"0.75%","as_of":"2026-09-30","source":"485BPOS XBRL, Jan 9, 2026"}]},"b":{"ticker":"ONDU","name":"Tradr 2X Long ONDS Daily ETF","issuer":"Tradr","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: ONDU returned \u221230.2% where its own daily promise gave \u221226.6%, 3.5 points short.","url":"https://etfiq.com/funds/ondu","key_facts":[{"label":"What ONDS did","value":"\u22127.5%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221226.6%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221230.2%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22123.5 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$4m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.49%","as_of":"2026-09-30","source":"485BPOS XBRL, Jan 12, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/ondg-vs-ondu"}