The Tradr 2X Long ONDS Daily ETF is an actively managed exchange-traded fund designed to deliver two times (200%) the daily performance of Ondas Holdings Inc. common shares, before fees and expenses. Launched in January 2026 by AXS Investments LLC under the Tradr ETFs brand, it targets sophisticated traders seeking amplified short-term exposure to ONDS, a company focused on drone technology and wireless connectivity solutions in the technology hardware and equipment sector. This leveraged ETF employs derivatives such as swaps to achieve its daily objective, with a total expense ratio around 1.49%, featuring a concentrated portfolio typically holding four or fewer instruments. Intended strictly for daily trading, it magnifies both gains and losses from ONDS's volatility, where a single-day adverse move exceeding 50% in the underlying stock could result in total principal loss due to daily rebalancing and compounding effects. Over periods longer than one day, returns may diverge significantly from 2x the underlying's performance, even if ONDS rises, emphasizing its role as a high-risk tool for active market participants rather than long-term investors. Tradr 2X Long ONDS Daily ETF underscores the growing demand for single-stock leveraged products in niche, high-growth industries like autonomous systems.