XTAP vs ONDG

Comparison between Innovator U.S. Equity Accelerated Plus ETF - April (XTAP, ETF) and Leverage Shares 2X Long ONDS Daily ETF (ONDG, ETF).

XTAP vs ONDG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	XTAP(ETF)	ONDG(ETF)
Net Assets	$23M	$23M
Expense Ratio	0.79%	N/A
Max Drawdown	22.13%	87.92%
Sharpe Ratio	2.75	-0.75
5Y Beta	0.63	5.99

Net Assets

XTAP

$23M

Winner

ONDG

$23M

Expense Ratio

XTAP

0.79%

ONDG

N/A

Max Drawdown

Winner

XTAP

22.13%

ONDG

87.92%

Sharpe Ratio

Winner

XTAP

2.75

ONDG

-0.75

5Y Beta

Winner

XTAP

0.63

ONDG

5.99

XTAP vs ONDG - Historical Returns

Returns include dividend reinvestment.

Period	XTAP	ONDG
1 month	+0.96%	-30.53%
3 months	+4.29%	-63.65%
6 months	+11.62%	-79.41%
1 year	+18.12%	N/A
5 years(CAGR)	+10.80%	N/A
Max(CAGR)	+11.40%	-96.93%

Winner

XTAP

+0.96%

ONDG

-30.53%

Winner

XTAP

+4.29%

ONDG

-63.65%

Winner

XTAP

+11.62%

ONDG

-79.41%

XTAP

+18.12%

ONDG

N/A

5Y(CAGR)

XTAP

+10.80%

ONDG

N/A

Max(CAGR)

Winner

XTAP

+11.40%

ONDG

-96.93%

XTAP vs ONDG - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	XTAP	ONDG
2026	+11.94%	-83.51%
2025	+17.56%	N/A
2024	+14.34%	N/A
2023	+24.12%	N/A
2022	-14.77%	N/A
2021	+11.87%	N/A

XTAP vs ONDG Drawdown Comparison

The maximum drawdown for XTAP was -22.13%, occurring on Sep 30, 2022. Recovery took 406 trading sessions.

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

The current XTAP drawdown is -0.27%. The current ONDG drawdown is -83.51%.

Rank	XTAP	ONDG
#1	-22.13% Apr 4, 2022 - Nov 14, 2023	-87.92% Jan 13, 2026 - Jul 17, 2026
#2	-11.83% Apr 2, 2025 - May 12, 2025	N/A
#3	-6.40% Jul 16, 2024 - Aug 19, 2024	N/A
#4	-4.54% Jan 12, 2022 - Mar 17, 2022	N/A
#5	-4.52% Mar 27, 2024 - May 9, 2024	N/A
#6	-3.96% Feb 20, 2025 - Mar 24, 2025	N/A
#7	-3.35% May 7, 2021 - May 27, 2021	N/A
#8	-3.06% Aug 30, 2024 - Sep 19, 2024	N/A
#9	-2.63% Sep 3, 2021 - Oct 15, 2021	N/A
#10	-2.38% Nov 16, 2021 - Dec 15, 2021	N/A
#11	-1.92% Jul 9, 2021 - Jul 23, 2021	N/A
#12	-1.72% Jun 2, 2026 - Jun 15, 2026	N/A
#13	-1.71% May 16, 2025 - Jun 3, 2025	N/A
#14	-1.42% Nov 12, 2025 - Nov 25, 2025	N/A
#15	-1.41% Dec 11, 2024 - Dec 24, 2024	N/A

Correlation

Correlation between XTAP and ONDG is -0.42 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.42

-101