Tradr 2X Long ONDS Daily ETF (ONDU) is an exchange-traded fund that provides leveraged exposure to the daily performance of the ONDS stock, seeking to deliver 200% of the daily return of Ondas Holdings Inc. prior to fees and expenses. The ETF employs swap agreements and other derivatives to achieve its leveraged objective; it does not invest directly in ONDS shares but tracks the stock's single-issuer price movements through financial instruments managed by the fund sponsor. Operated by Tradr ETFs, based in Greenwich, Connecticut, and launched in 2024, ONDU targets sophisticated investors and traders pursuing amplified short-term gains in the wireless communications and drone technology sectors, with trading available on major U.S. exchanges and geographic focus limited to U.S. markets. In late 2025, Tradr ETFs expanded its lineup by introducing ONDU alongside complementary leveraged products like the Tradr 2X Short ONDS Daily ETF, reflecting a strategic push into single-stock leveraged ETFs amid rising demand for tactical trading vehicles in high-growth tech names.