ONDU vs. UPSX
ONDU (Tradr 2X Long ONDS Daily ETF) and UPSX (Tradr 2X Long UPST Daily ETF) are both Leveraged Equities funds from Tradr. ONDU is passively managed, while UPSX is actively managed. At a 0.49 correlation, their price movements are largely independent. ONDU charges 1.49%/yr vs 1.30%/yr for UPSX.
Performance
ONDU vs. UPSX - Performance Comparison
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Returns By Period
ONDU
- 1D
- -20.10%
- 1M
- -37.58%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UPSX
- 1D
- 6.63%
- 1M
- 21.63%
- YTD
- -60.69%
- 6M
- -67.88%
- 1Y
- -87.37%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ONDU vs. UPSX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ONDU Tradr 2X Long ONDS Daily ETF | -82.65% |
UPSX Tradr 2X Long UPST Daily ETF | -62.58% |
Correlation
The correlation between ONDU and UPSX is 0.49, 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 13, 2026 | 0.49 |
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Return for Risk
ONDU vs. UPSX — Risk / Return Rank
ONDU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
UPSX
ONDU vs. UPSX - 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 UPST Daily ETF (UPSX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ONDU | UPSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.88 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.92 | — |
| Martin ratioReturn relative to average drawdown | — | -1.16 | — |
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Drawdowns
ONDU vs. UPSX - Drawdown Comparison
The maximum ONDU drawdown since its inception was -83.23%, smaller than the maximum UPSX drawdown of -95.01%. Use the drawdown chart below to compare losses from any high point for ONDU and UPSX.
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Drawdown Indicators
| ONDU | UPSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.23% | -95.01% | +11.78% |
Max Drawdown (1Y)Largest decline over 1 year | — | -95.01% | — |
Current DrawdownCurrent decline from peak | -83.23% | -92.26% | +9.03% |
Average DrawdownAverage peak-to-trough decline | -57.98% | -67.21% | +9.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 75.18% | — |
Volatility
ONDU vs. UPSX - Volatility Comparison
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Volatility by Period
| ONDU | UPSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 43.60% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 102.37% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 210.29% | 140.46% | +69.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 210.29% | 141.01% | +69.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 210.29% | 141.01% | +69.28% |
ONDU vs. UPSX - Expense Ratio Comparison
ONDU has a 1.49% expense ratio, which is higher than UPSX's 1.30% expense ratio.
Dividends
ONDU vs. UPSX - Dividend Comparison
Neither ONDU nor UPSX has paid dividends to shareholders.
Frequently Asked Questions
ONDU and UPSX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UPSX is cheaper at 1.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UPSX is cheaper with a 1.30% expense ratio, compared with 1.49% for ONDU.
ONDU and UPSX have nearly identical dividend yields, around 0.00%.
Their fees differ too: 1.49% for ONDU and 1.30% for UPSX.
Find the right allocation for ONDU and UPSX
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