Defiance Launches ONDL: The First Daily 2X Long ETF for Ondas Holdings Inc.
OndasOndas(US:ONDS) Globenewswire·2025-12-30 13:00

Core Viewpoint - Defiance ETFs has launched the Defiance Daily Target 2X Long ONDS ETF (ONDL), aimed at providing active traders with leveraged exposure to Ondas Holdings Inc. [1][2] Group 1: Fund Overview - ONDL is designed for traders looking for 200% daily exposure to the share price changes of Ondas Holdings Inc. (NASDAQ: ONDS) [2][3] - The fund aims to achieve its investment objective strictly on a daily basis, not over longer periods [3] Group 2: Underlying Company - Ondas Holdings Inc. specializes in advanced wireless data solutions, focusing on critical markets such as industrial, transportation, defense, and infrastructure [4] - The company utilizes proprietary software-defined radio systems to provide secure and reliable wireless communications [4] Group 3: Investment Strategy - The fund employs a leveraged investment strategy, utilizing financial instruments like swap contracts and options to achieve its 2X exposure [8][18] - Investors should be aware that the fund's performance may differ significantly from 200% of Ondas Holdings Inc.'s performance over periods longer than one day due to compounding effects [12][14]