COZX vs. ONDU

Last updated Jun 4, 2026

COZX (Tradr 2X Long CORZ Daily ETF) and ONDU (Tradr 2X Long ONDS Daily ETF) are both Leveraged Equities funds from Tradr. COZX is actively managed, while ONDU is passively managed. A 0.50 correlation means they provide meaningful diversification when combined. COZX charges 1.30%/yr vs 1.49%/yr for ONDU.

Performance

COZX vs. ONDU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long CORZ Daily ETF (COZX) and Tradr 2X Long ONDS Daily ETF (ONDU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

COZX

• 1D: -0.24%
• 1M: 78.54%
• YTD: 205.40%
• 6M: 125.30%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ONDU

• 1D: -28.27%
• 1M: 21.80%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

COZX vs. ONDU - Yearly Performance Comparison

	2026 (YTD)
COZX Tradr 2X Long CORZ Daily ETF	104.05%
ONDU Tradr 2X Long ONDS Daily ETF	-59.10%

Correlation

The correlation between COZX and ONDU is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 14, 2026	0.50

Return for Risk

COZX vs. ONDU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long CORZ Daily ETF (COZX) and Tradr 2X Long ONDS Daily ETF (ONDU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	COZX	ONDU	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	-0.42	+0.65

Drawdowns

COZX vs. ONDU - Drawdown Comparison

The maximum COZX drawdown since its inception was -70.37%, smaller than the maximum ONDU drawdown of -74.75%. Use the drawdown chart below to compare losses from any high point for COZX and ONDU.

Drawdown Indicators

	COZX	ONDU	Difference
Max Drawdown Largest peak-to-trough decline	-70.37%	-74.75%	+4.38%
Current Drawdown Current decline from peak	-0.24%	-59.10%	+58.86%
Average Drawdown Average peak-to-trough decline	-44.31%	-56.36%	+12.05%

Volatility

Volatility by Period

	COZX	ONDU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	138.53%	216.10%	-77.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	138.53%	216.10%	-77.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	138.53%	216.10%	-77.57%

COZX vs. ONDU - Expense Ratio Comparison

COZX has a 1.30% expense ratio, which is lower than ONDU's 1.49% expense ratio.

Dividends

COZX vs. ONDU - Dividend Comparison

Neither COZX nor ONDU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both COZX and ONDU in my portfolio?

COZX and ONDU have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, COZX or ONDU?

On fees, COZX is cheaper at 1.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, COZX or ONDU?

COZX is cheaper with a 1.30% expense ratio, compared with 1.49% for ONDU.

Which ETF pays a higher dividend yield, COZX or ONDU?

COZX and ONDU have nearly identical dividend yields, around 0.00%.

What is the main difference between COZX and ONDU?

Their fees differ too: 1.30% for COZX and 1.49% for ONDU.