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As Ondas Holdings Inc. (ONDS) continues to attract attention for its private wireless networks and autonomous drone solutions, traders seeking magnified exposure to short-term upside movements may consider the Tradr 2X Long ONDS Daily ETF (ONDU).
ONDU is a leveraged exchange-traded fund designed to deliver twice (200%) the daily performance of Ondas Holdings Inc.’s common stock, before fees and expenses. The fund maintains at least 80% exposure to financial instruments that provide two times leveraged exposure to the daily movement of ONDS shares.
In simple terms, ONDU is structured to magnify daily price movements in ONDS stock.
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