Defiance Launches ONDL: Ondas Holdings Inc.’s First Daily 2x Long ETF
MIAMI, Dec. 30, 2025 — Defiance ETF has announced the introduction of the Defiance Daily Target 2X Long ONDS ETF (ONDL), aimed at expanding its range of single-stock leveraged ETFs. This ETF is crafted for active traders who are seeking heightened short-term exposure to innovative and emerging technology firms.
ONDL is tailored for investors looking to adopt a bullish short-term stance on Ondas Holdings (NASDAQ: ONDS). The ETF aims to deliver 200% of the daily percentage change in ONDS’ stock price, permitting investors to express a positive outlook on Ondas Holdings while enjoying the benefits of being in an exchange-traded fund.
Investment Purpose
The fund targets daily investment results—excluding fees and expenses—equal to twice (200%) the daily percentage change of Ondas Holdings, Inc. (NASDAQ: ONDS). However, the fund pursues these objectives solely on a daily basis.
Underlying Asset: Ondas Holdings Co., Ltd.
Ondas Holdings Inc. focuses on providing advanced wireless data solutions through proprietary software-defined radio systems and related technologies. The company primarily serves crucial markets such as industrial applications, transportation, defense, and infrastructure, where secure and low-latency wireless communications are vital.
An investment in ONDL does not equate to a direct investment in Ondas Holdings Inc.
The Fund might not be suitable for every investor. It’s designed for those who have a good grasp of the potential risks involved in pursuing daily leveraged (2X) investment results. Investors need to be prepared to monitor their portfolios frequently.This Fund isn’t for those who do not intend to actively manage their investments. It pursues leveraged objectives daily, which inherently carries more risk than non-leveraged alternatives. Over extended periods, the Fund’s performance could drastically deviate from 200% of the returns of Ondas Holdings Inc. (ONDS). There’s a real risk of losing the entire principal within a single trading day.
Important Disclosure
Defiance ETFs LLC sponsors the ETF, with investment advice provided by Tidal Investments, LLC.
It’s crucial for potential investors to thoroughly assess the Fund’s objectives, risks, charges, and expenses before investing. The prospectus contains essential information, and it’s advisable to read it carefully before proceeding. Hard copies are available upon request at 833.333.9383.
Investments come with risks. There is a possibility of loss of principal. As an ETF, the Fund may trade above or below its NAV, and shares are bought and sold at market value, rather than NAV.
ONDS Price Decline Risk. The Fund’s strategy involves entering into swap and option contracts based on Ondas Holdings Inc.’s stock price, presenting risks similar to direct ownership of the underlying security, despite not actually holding shares. Consequently, the Fund could sustain significant losses if the underlying stock price declines.
Indirect Investments in ONDS Risk. Ondas Holdings Inc. is not connected to this offering, and has no obligation to consider the Fund or its shareholders when making decisions that could impact the share value.
Risk of ONDS Performance Degradation. Ondas Holdings Inc.’s market valuation may drop if it fails to meet business expectations and could be influenced by factors such as competition and regulatory developments.
Single Issuer Risk. Investing in this Fund could be more volatile than traditional pooled investments, as values can fluctuate more rapidly than diversified ones.
Compound Interest Risk and Market Volatility Risk. For periods extending beyond a trading day, results are derived from compounded daily returns and might vary from 200% of underlying securities’ performance.
Daily Correlation/Tracking Risk. There’s no guarantee the Fund will achieve close proximity in performance with the underlying securities.
Leverage Risk. The Fund’s approach of seeking double exposure can magnify declines in the underlying securities’ values, adding to overall volatility and risks of greater losses.
Counterparty Risk. Derivative investments expose the Fund to the risk of counterparty defaults, impacting performance.
Derivative Risks. The Fund’s derivative investments entail additional risks compared to regular securities transactions.
Swap Agreement. Engaging in swap transactions is specialized and may involve risks different from standard portfolio transactions.
Option Contract. Using options involves unique strategies and risks that can significantly influence valuations.
Fixed Income Securities Risk. If bonds are included, the value may fluctuate with changing interest rates.
Rebalancing Risks. Any failure to accurately rebalance the portfolio could lead to inconsistent investment exposures.
Non-diversification Risk. As a “non-diversified” fund, it may invest a significant portion in a small number of issuers, increasing risk.
High Portfolio Turnover Risk. Daily rebalancing significantly elevates trading frequency compared to most ETFs.
Liquidity Risk. Certain securities might be hard to sell or become illiquid, especially during market turmoil.
New Fund Risks. The Fund’s limited operational history presents challenges for potential investors trying to develop investment strategies.
Diversification doesn’t guarantee profit or protection against losses in a declining market. Transactions might incur brokerage fees.
Distributor: Foreside Fund Services, LLC
Media Contact:
Sylvia Jablonski
info@defianceetfs.com
833.333.9383
Photos related to this announcement can be accessed via the provided link.
