Skip to content
etf.net

Launched

Daily Target 2X Long OKLO ETF

OKLLNasdaqDefianceDThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$3.98−0.33 (−7.56%)

As of Nov 10, 2026, 11:20 AM ET

D30/ 100

Rank 320 of 367 in Single-Stock Long Leveraged

D30/100Rank 320 of 367inSingle-Stock Long Leveraged
Intraday session: down, 23 prints from 4.30 to 3.98. Range 3.81 to 4.21. Use the arrow keys to read each point.3.803.904.104.2010 AM12 PM2 PM4 PM
Expense ratio
1.45%
Fund size
$49M
1Y total return
−98.3%
Yield · Last 12 months
No data
Holdings
10
Avg volume · 30D
2.64M sh
52W range
low $2.13high $273.15
Launched

The ETF.net OKLL Grade

Based on 5 of 6 pillars

D

Score 30 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
320 of 367
Six-pillar profile for OKLL. Scores out of 100: Cost 19, Risk 15, Mission 90, Tradability 52, Holdings not scored, Durability 74. Strongest: Mission (90). Weakest: Risk (15). Based on 5 of 6 pillars.

Score 30 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F19 out of 100
    Rank 295 of 367

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A90 out of 100
    Rank 79 of 143

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F15 out of 100
    Rank 346 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C52 out of 100
    Rank 174 of 367

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A74 out of 100
    Rank 45 of 367

Our read on OKLL

ETF.net Research

In short

DTwice Oklo's daily move, in a fund wrapper. OKLL is leveraged exposure to an advanced nuclear developer whose first reactor isn't running yet, and the 2x resets every day, so your holding period matters as much as your call.

Stated mandate

The Fund seeks daily investment results, before fees and expenses, equal to twice the daily percentage change in Oklo Inc.'s share price.

Why people hold it

  • Does what the label says: it aims for twice Oklo's daily percentage change, and has tracked that daily target closely since its 2025 launch.
  • One of the actively traded names in its corner of the market, and it delivers the 2x inside an ordinary brokerage account, with no margin agreement or options approval needed.
  • The underlying is a true pure play: Oklo is building its first Aurora sodium-cooled fast reactor at Idaho National Laboratory, with commercial operation targeted for late this decade.world-nuclear-news.orgworld-nuclear-news.org 2

Worth knowing

  • At 1.45%, the fee sits above the category median, and well above the strongest-scoring 2x single-stock peers such as OKTG (0.75%) and TSMG (0.76%).
  • The leverage resets daily. Held longer than a day, results depend on the path the stock takes, and choppy stretches can land short of twice the move.
  • One stock, no diversification cushion: a single licensing, funding or earnings headline moves the whole fund, doubled. It also isn't an income vehicle.

OKLL Performance

Launched Jun 23, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
OKLL$171
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. OKLL $171. SPY $11,339. Use the arrow keys to read each point.$0$5,000$10,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for OKLL. Periods over one year show the average yearly return.
PeriodOKLL
Year to date−94.9%
1 month−47.6%
3 months−76.9%
1 year−98.3%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for OKLL
YearReturn barOKLL
2026 YTD−94.9%
2025−30.3%

History from Jun 24, 2025

OKLL in the news

OKLL Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

OKLL Risk

Risk pillarF15 out of 100Rank 346 of 363 in Single-Stock Long Leveraged

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
182.5%
Annualised · 16 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.44
vs 3-month T-bills · 16 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−99.7%
16 months · trough Nov 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
9.90
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

OKLL Cost

Compare OKLL and GOGL

Overpaying vs GOGL, tied cheapest in Single-Stock Long Leveraged

$21,415

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • OKLL 1.45%

    $25,570

  • GOGL 0.20% Tied cheapest

    $4,155

$10,000
30 years

Cost over time

  • OKLL 1.45%
  • GOGL 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530OKLL $25,570GOGL $4,155

Year by year

YearOKLLGOGLOverpaying
10$2,509$365$2,144
20$9,241$1,421$7,820
30$25,570$4,155$21,415

Other funds in Single-Stock Long Leveraged

See others