Performance analysis of On (ONON)
Annual Return
Over the past 3 years, ONON has had an average annual return of +10.30%, underperforming the benchmark SPY, which returned +22.45% annual.
Since Sep 15, 2021, ONON has had an average annual return of +1.48%, underperforming the benchmark SPY, which returned +13.23% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -19.28% | -15.14% | +103.08% | +57.17% | -54.61% | +8.03% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -2.64% | +2.71% | -26.81% | +4.67% | +14.64% | -8.09% | -19.28% | ||||||
| 2025 | +9.33% | -19.04% | -9.40% | +9.54% | +23.45% | -12.36% | -6.68% | -7.18% | -6.06% | -12.28% | +18.42% | +5.66% | -15.14% |
| 2024 | -1.52% | +31.85% | +1.03% | -10.27% | +33.99% | -8.79% | +6.75% | +13.43% | +6.75% | -5.44% | +23.01% | -6.10% | +103.08% |
| 2023 | +35.20% | -5.73% | +41.88% | +4.57% | -15.40% | +20.22% | +9.09% | -19.92% | -3.50% | -7.74% | +13.02% | -7.03% | +57.17% |
| 2022 | -30.26% | -7.66% | +3.65% | -1.07% | -17.30% | -14.34% | +23.07% | -8.18% | -19.70% | +9.59% | +10.41% | -11.64% | -54.61% |
| 2021 | -13.91% | +13.37% | +17.56% | -5.85% | +8.03% |
Drawdown analysis of On (ONON)
The maximum drawdown for the ONON was -68.90%, occurring on Oct 10, 2022. Recovery took 493 trading sessions.
The current ONON drawdown is -41.02%.
Since Sep 15, 2021 ONON has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 2 times
- 30% or more: 2 times
- 20% or more: 3 times
- 10% or more: 4 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -68.90% | Nov 17, 2021 | 224 | Oct 10, 2022 | 493 | Sep 26, 2024 | 717 |
| -49.89% | Jan 30, 2025 | 291 | Mar 30, 2026 | Ongoing | Ongoing | Ongoing |
| -25.32% | Sep 17, 2021 | 11 | Oct 4, 2021 | 24 | Nov 5, 2021 | 35 |
| -10.53% | Oct 8, 2024 | 19 | Nov 4, 2024 | 5 | Nov 11, 2024 | 24 |
| -8.47% | Dec 3, 2024 | 27 | Jan 14, 2025 | 4 | Jan 21, 2025 | 31 |
| -7.04% | Nov 5, 2021 | 6 | Nov 15, 2021 | 1 | Nov 16, 2021 | 7 |
| -4.57% | Sep 26, 2024 | 4 | Oct 2, 2024 | 2 | Oct 4, 2024 | 6 |
| -3.49% | Nov 14, 2024 | 2 | Nov 18, 2024 | 1 | Nov 19, 2024 | 3 |
| -2.53% | Oct 4, 2024 | 1 | Oct 7, 2024 | 1 | Oct 8, 2024 | 2 |
| -2.32% | Jan 21, 2025 | 1 | Jan 22, 2025 | 1 | Jan 23, 2025 | 2 |
| -0.98% | Nov 25, 2024 | 2 | Nov 27, 2024 | 2 | Dec 2, 2024 | 4 |
| -0.91% | Jan 23, 2025 | 2 | Jan 27, 2025 | 1 | Jan 28, 2025 | 3 |
| -0.17% | Nov 11, 2024 | 1 | Nov 12, 2024 | 2 | Nov 14, 2024 | 3 |