ONDG – Leverage Shares 2X Long ONDS Daily ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks daily levered investment results, before fees and expenses, of two times (200%) of the daily percentage change in the price of the common stock of ONDS. The fund will enter into one or more swap agreements with major financial institutions for a specified period ranging from a day to more than one year whereby the fund and the financial institution will agree to exchange the return (or differentials in rates of return) earned or realized on an investment by The fund invests in the Underlying Security that is equal, on a daily basis, to 200% of the value of the fund’s net assets. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
ONDG	Leverage Shares 2X Long ONDS Daily ETF	ETF	Open	—	—	Jan 12, 2026	$23.85M	0.750%	—	—	—

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