ONDG vs CPRJ

Comparison between Leverage Shares 2X Long ONDS Daily ETF (ONDG, ETF) and Calamos Russell 2000 Structured Alt Protection ETF July (CPRJ, ETF).

ONDG vs CPRJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ONDG(ETF)	CPRJ(ETF)
Net Assets	$23M	$23M
Expense Ratio	N/A	0.69%
Max Drawdown	87.92%	6.25%
Sharpe Ratio	-0.75	1.14
5Y Beta	5.99	0.20

Net Assets

ONDG

$23M

CPRJ

$23M

Expense Ratio

ONDG

N/A

CPRJ

0.69%

Max Drawdown

ONDG

87.92%

Winner

CPRJ

6.25%

Sharpe Ratio

ONDG

-0.75

Winner

CPRJ

1.14

5Y Beta

ONDG

5.99

Winner

CPRJ

0.20

ONDG vs CPRJ - Historical Returns

Returns include dividend reinvestment.

Period	ONDG	CPRJ
1 month	-30.53%	+0.11%
3 months	-63.65%	+1.17%
6 months	-79.41%	+2.35%
1 year	N/A	+7.02%
Max(CAGR)	-96.93%	+6.45%

ONDG

-30.53%

Winner

CPRJ

+0.11%

ONDG

-63.65%

Winner

CPRJ

+1.17%

ONDG

-79.41%

Winner

CPRJ

+2.35%

ONDG

N/A

CPRJ

+7.02%

Max(CAGR)

ONDG

-96.93%

Winner

CPRJ

+6.45%

ONDG vs CPRJ - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	ONDG	CPRJ
2026	-83.51%	+3.15%
2025	N/A	+5.01%
2024	N/A	+4.75%

ONDG vs CPRJ Drawdown Comparison

The maximum drawdown for ONDG was -87.92%, occurring on Jul 17, 2026. This drawdown has not yet recovered.

The maximum drawdown for CPRJ was -6.25%, occurring on Apr 8, 2025. Recovery took 105 trading sessions.

The current ONDG drawdown is -83.51%. The current CPRJ drawdown is -0.05%.

Rank	ONDG	CPRJ
#1	-87.92% Jan 13, 2026 - Jul 17, 2026	-6.25% Feb 5, 2025 - Jul 9, 2025
#2	N/A	-1.74% Dec 4, 2024 - Jan 30, 2025
#3	N/A	-1.67% Jul 16, 2024 - Aug 23, 2024
#4	N/A	-1.20% Aug 30, 2024 - Sep 17, 2024
#5	N/A	-1.07% Oct 24, 2025 - Nov 26, 2025
#6	N/A	-1.04% Feb 26, 2026 - Apr 8, 2026
#7	N/A	-0.94% Nov 11, 2024 - Nov 25, 2024
#8	N/A	-0.69% Oct 17, 2024 - Nov 6, 2024
#9	N/A	-0.68% Jul 23, 2025 - Aug 12, 2025
#10	N/A	-0.59% Sep 19, 2024 - Oct 14, 2024
#11	N/A	-0.57% Jan 30, 2025 - Feb 5, 2025
#12	N/A	-0.43% Jul 10, 2025 - Jul 22, 2025
#13	N/A	-0.40% Oct 8, 2025 - Oct 14, 2025
#14	N/A	-0.40% Jul 6, 2026 - Jul 8, 2026
#15	N/A	-0.39% Aug 13, 2025 - Aug 22, 2025

Correlation

Correlation between ONDG and CPRJ is -0.43 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.43

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