ONDU vs. NVTX

Last updated Jun 5, 2026

ONDU (Tradr 2X Long ONDS Daily ETF) and NVTX (Tradr 2X Long NVTS Daily ETF) are both Leveraged Equities funds from Tradr. ONDU is passively managed, while NVTX is actively managed. At a 0.40 correlation, their price movements are largely independent. ONDU charges 1.49%/yr vs 1.30%/yr for NVTX.

Performance

ONDU vs. NVTX - Performance Comparison

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

Returns By Period

ONDU

• 1D: 5.73%
• 1M: 40.56%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVTX

• 1D: -0.92%
• 1M: 141.56%
• YTD: 701.89%
• 6M: 336.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ONDU vs. NVTX - Yearly Performance Comparison

	2026 (YTD)
ONDU Tradr 2X Long ONDS Daily ETF	-56.75%
NVTX Tradr 2X Long NVTS Daily ETF	384.05%

Correlation

The correlation between ONDU and NVTX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 14, 2026	0.40

Return for Risk

ONDU vs. NVTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long ONDS Daily ETF (ONDU) and Tradr 2X Long NVTS Daily ETF (NVTX). 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

	ONDU	NVTX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.41	5.10	-5.52

Drawdowns

ONDU vs. NVTX - Drawdown Comparison

The maximum ONDU drawdown since its inception was -74.75%, smaller than the maximum NVTX drawdown of -89.20%. Use the drawdown chart below to compare losses from any high point for ONDU and NVTX.

Drawdown Indicators

	ONDU	NVTX	Difference
Max Drawdown Largest peak-to-trough decline	-74.75%	-89.20%	+14.45%
Current Drawdown Current decline from peak	-56.75%	-11.61%	-45.14%
Average Drawdown Average peak-to-trough decline	-56.36%	-60.59%	+4.23%

Volatility

Volatility by Period

	ONDU	NVTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	215.18%	266.18%	-51.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	215.18%	266.18%	-51.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	215.18%	266.18%	-51.00%

ONDU vs. NVTX - Expense Ratio Comparison

ONDU has a 1.49% expense ratio, which is higher than NVTX's 1.30% expense ratio.

Dividends

ONDU vs. NVTX - Dividend Comparison

ONDU has not paid dividends to shareholders, while NVTX's dividend yield for the trailing twelve months is around 2.13%.

Position	TTM	2025
NVTX Tradr 2X Long NVTS Daily ETF	2.13%	17.05%
ONDU Tradr 2X Long ONDS Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both ONDU and NVTX in my portfolio?

ONDU and NVTX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ONDU or NVTX?

On fees, NVTX 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, ONDU or NVTX?

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

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

NVTX has the higher dividend yield at 2.13%, compared with 0.00% for ONDU.

What is the main difference between ONDU and NVTX?

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