Performance analysis of ONG (Leverage Shares 2X Long ON Daily ETF)
Annual Return
Over the past 3 years, ONG has had an average annual return of -76.26%, underperforming the benchmark SPY, which returned +19.62% annual.
Since Jan 20, 2022, ONG has had an average annual return of -24.32%, underperforming the benchmark SPY, which returned +13.67% annual.
| 2026 | 2023 | 2022 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -76.26% | -21.79% | +53.57% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -73.67% | -9.83% | -76.26% | ||||||||||
| 2023 | +16.19% | -12.44% | -22.62% | -0.65% | -21.79% | ||||||||
| 2022 | +6.15% | +19.59% | +26.59% | -14.66% | +20.45% | -38.83% | +4.73% | -3.70% | -24.02% | +94.49% | +2.24% | -0.26% | +53.57% |
Drawdown analysis of ONG (Leverage Shares 2X Long ON Daily ETF)
The maximum drawdown for the ONG was -86.40%, occurring on Jul 20, 2026. This drawdown has not yet recovered.
The current ONG drawdown is -85.03%.
Since Jan 20, 2022 ONG has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 1 time
- 30% or more: 1 time
- 20% or more: 2 times
- 10% or more: 2 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -86.40% | Apr 18, 2022 | 288 | Jul 20, 2026 | Ongoing | Ongoing | Ongoing |
| -23.09% | Mar 8, 2022 | 6 | Mar 16, 2022 | 20 | Apr 13, 2022 | 26 |
| -9.32% | Feb 16, 2022 | 3 | Feb 22, 2022 | 6 | Mar 2, 2022 | 9 |
| -5.43% | Feb 11, 2022 | 1 | Feb 14, 2022 | 2 | Feb 16, 2022 | 3 |
| -4.63% | Feb 1, 2022 | 2 | Feb 3, 2022 | 2 | Feb 7, 2022 | 4 |
| -4.53% | Jan 20, 2022 | 1 | Jan 21, 2022 | 2 | Jan 25, 2022 | 3 |
| -4.42% | Jan 26, 2022 | 3 | Jan 31, 2022 | 1 | Feb 1, 2022 | 4 |
| -3.99% | Feb 7, 2022 | 1 | Feb 8, 2022 | 3 | Feb 11, 2022 | 4 |
| -0.08% | Mar 2, 2022 | 1 | Mar 3, 2022 | 1 | Mar 4, 2022 | 2 |