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ADBG vs OKTG

Leverage Shares 2x Long ADBE Daily ETF

ADBGBNasdaq

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

Expense ratio

OKTG −0.02pt a year

ADBG0.77%OKTG0.75%

Avg volume · 30D

ADBG 109.7×the volume

ADBG4.22MOKTG38.5K

ADBG vs OKTG Performance

Dec 31, 2025 – Oct 30, 2026

−61.4%ADBG+247.6%OKTG

Dec 31, 2025 to Oct 30, 2026. ADBG −61.4%. OKTG +247.6%. Use the arrow keys to read each point.0%100%200%300%Dec 2025Jun 2026Oct 2026
Expense ratio
ADBG 0.77%
OKTG 0.75%, better
Fund size
ADBG $23M
OKTG $8M
1Y total return
ADBG −60.3%
OKTG No data
Holdings
ADBG 5
OKTG 5
Avg volume (30D)
ADBG 4.22M sh, better
OKTG 38.5K sh
NAV per share
ADBG $3.95
OKTG $53.95
52W range

ETF.net Grade

ADBG: Cost 60, Risk 53, Mission 96, Tradability 85, Holdings not scored, Durability 64. OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51.
Pillar letters and Scores for ADBG, OKTG, with each pillar’s weight
PillarADBGOKTG
Cost30% weightB60A70Higher
Mission25% weightA96HigherA94
Risk15% weightC53A76Higher
Tradability15% weightA85HigherA73
Holdings10% weightNot scoredNot scored
Durability5% weightB64HigherC51

Rank among Single-Stock Long Leveraged funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. ADBG and OKTG are both graded against the same 315 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 315 funds
See all 315 ›

OKTG ranks 3rd and ADBG 23rd of 315 funds in the Single-Stock Long Leveraged Category.

  1. Rank 1ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
  2. Rank 2AUNHGLeverage Shares 2x Long UNH Daily ETFScore 72
  3. Rank 3AOKTGLeverage Shares 2x Long OKTA Daily ETFScore 70
  4. Rank 3APANGLeverage Shares 2x Long PANW Daily ETFScore 70
  5. Rank 18BTERGLeverage Shares 2X Long TER Daily ETFScore 65
  6. Rank 23BADBGLeverage Shares 2x Long ADBE Daily ETFScore 64
  7. Rank 23BPYPGLeverage Shares 2x Long PYPL Daily ETFScore 64

Our read on each fund

ETF.net Research

ADBGBLeverage Shares 2x Long ADBE Daily ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

ADBG Two times Adobe's daily move, wrapped in something you can trade like a stock. Live since March 2025, a year ahead of the rival 2x ADBE fund, swap-backed, reset every day, 0.77% with no waiver.

OKTG A 2x daily amplifier on Okta, the identity-security stock, in an ETF wrapper. Leverage Shares prices it at 0.75%, under the typical leveraged single-stock fund, in a corner of the market built mostly around mega-caps.

Stated mandate

ADBG The fund seeks daily investment results, before fees and expenses, corresponding to 200% (2x) of the daily performance of Adobe stock.

OKTG The fund seeks daily leveraged investment results equal to 200% of the daily performance of the publicly traded common stock identified as OKTA, before fees and expenses.

Why people hold it

  • ADBG 0.77% flat, no waiver, and below the median for the 365 leveraged single-stock funds we price. The cheap end of a shelf that rarely competes on fee.
  • Day to day, it has stayed close to its 200% target. For a daily-reset fund, that is the entire job.leverageshares.com
  • Actively traded, and one of the stronger implementations in a leveraged single-stock field of roughly 380 funds.
  • Exposure comes from swap agreements with major banks inside a 1940 Act ETF, so no margin account or borrowing on your end.leverageshares.com
  • OKTG Costs 0.75% a year, below the roughly 1.01% median for leveraged single-stock funds, and matches the fee on Leverage Shares' other 2x products like UNHG and ASMG.
  • Mechanically simple: it aims for 200% of Okta's daily move before fees and expenses, no margin account, options chain or share borrow involved.leverageshares.com
  • Unusual target. Most 2x single-stock ETFs point at mega-caps such as AAPU and GGLL; this one puts the same machinery on a cybersecurity name.

Worth knowing

  • ADBG The 2x target resets daily. Leverage Shares notes the fund can lose value over time even if Adobe ends up flat, especially in choppy markets.leverageshares.com
  • One stock, doubled. Nothing in the portfolio softens an Adobe earnings gap or a rough guidance day.
  • Returns ride on swaps rather than owned Adobe shares, which puts the bank on the other side of the trade on your risk list.leverageshares.com
  • OKTG The leverage resets every day. Hold past that and returns compound, so a choppy stretch can leave you far from 2x Okta's move over the period.
  • One company, doubled. An earnings gap or a breach headline at Okta hits the fund at twice the size, with no other holdings to soften it.
  • Launched in November 2025 and still small and thinly traded, so spreads can run wider than on the long-established mega-cap leveraged funds.

Full ADBG profile⁠

Full OKTG profile⁠

ADBG vs OKTG Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ADBG vs OKTG Cost

Overpaying ADBG vs OKTG

$347

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

  • ADBG 0.77%

    $14,829

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • ADBG 0.77%
  • OKTG 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530ADBG $14,829OKTG $14,482

Year by year

YearADBGOKTGOverpaying
10$1,371$1,336$35
20$5,205$5,078$127
30$14,829$14,482$347

Expense ratio

  • 0.77%ADBG
  • 0.75%OKTG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 315 funds

ADBG 135th cheapest of 315 funds

ADBG vs OKTG Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
ADBG None
OKTG None

Distribution history

ADBGAll ADBG payments⁠

No distribution history available.

OKTGAll OKTG payments⁠

No distribution history available.

ADBG vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ADBG 76.7%since Apr 2025OKTG No data
Return per unit of riskSharpe ratio, 3 years
ADBG −0.71since Apr 2025OKTG No data
Worst fallMax drawdown, 5 years
ADBG −84.1%since Mar 2025OKTG No data
Market sensitivityBeta, 5 years
ADBG 1.57OKTG 2.39

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