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AMZZ vs OKTG

GraniteShares 2x Long AMZN Daily ETF

AMZZBNasdaq

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

Expense ratio

OKTG −0.40pt a year

AMZZ1.15%OKTG0.75%

Avg volume · 30D

AMZZ 3.7×the volume

AMZZ141KOKTG38.5K

AMZZ vs OKTG Performance

Dec 31, 2025 – Nov 2, 2026

−3.2%AMZZ+170.5%OKTG

Dec 31, 2025 to Nov 2, 2026. AMZZ −3.2%. OKTG +170.5%. Use the arrow keys to read each point.100%300%Dec 2025Jun 2026Nov 2026
Expense ratio
AMZZ 1.15%
OKTG 0.75%, better
Fund size
AMZZ $43M
OKTG $8M
1Y total return
AMZZ −15.6%
OKTG No data
Holdings
AMZZ 2
OKTG 6
Avg volume (30D)
AMZZ 141K sh, better
OKTG 38.5K sh
NAV per share
AMZZ $29.12
OKTG $53.95
52W range

ETF.net Grade

AMZZ: Cost 38, Risk 60, Mission 85, Tradability 83, Holdings not scored, Durability 79. OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51.
Pillar letters and Scores for AMZZ, OKTG, with each pillar’s weight
PillarAMZZOKTG
Cost30% weightD38A70Higher
Mission25% weightA85A94Higher
Risk15% weightB60A76Higher
Tradability15% weightA83HigherA73
Holdings10% weightNot scoredNot scored
Durability5% weightA79HigherC51

Rank among Single-Stock Long Leveraged funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AMZZ 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 AMZZ 62nd 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 62BAMUUDirexion Daily AMD Bull 2X ETFScore 56
  6. Rank 62BAMZZGraniteShares 2x Long AMZN Daily ETFScore 56
  7. Rank 62BCRCAProShares Ultra CRCLScore 56

Our read on each fund

ETF.net Research

AMZZBGraniteShares 2x Long AMZN Daily ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

AMZZ Twice Amazon's daily move in one ticker, rebuilt every night. Built for traders working a single mega-cap, not a set-and-forget holding, and one of the closer trackers in a very crowded leveraged field.

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

AMZZ The Fund seeks daily investment results, before fees and expenses, equal to two times the daily percentage change in Amazon's common 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

  • AMZZ Hits its mandate: the fund has stayed close to its 2x-daily target, among the stronger implementations in a peer group of hundreds of single-stock leveraged funds.
  • Amazon exposure doubled without a margin account or an options chain: the leverage is packaged inside the fund, via swaps plus direct AMZN shares.graniteshares.comyahoo.com
  • Trading since March 2024, with a moderately active market in the shares and trading costs that stack up well against its leveraged peers.
  • 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

  • AMZZ Costs 1.15% (1.21% gross, net of a waiver through December 31, 2026), above the category median; cheaper peers exist, like OKTG at 0.75%, on other stocks.
  • Daily reset means multi-day results come from compounding, and can diverge from 2x Amazon over the same stretch, especially after choppy trading.sec.gov
  • One stock, geared: a rough day for AMZN lands roughly twice as hard. The fund is non-diversified by design.sec.govyahoo.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 AMZZ profile⁠

Full OKTG profile⁠

AMZZ 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.

AMZZ vs OKTG Cost

Overpaying AMZZ vs OKTG

$6,595

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

  • AMZZ 1.15%

    $21,077

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • AMZZ 1.15%
  • 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$15K$20K$25K051015202530AMZZ $21,077OKTG $14,482

Year by year

YearAMZZOKTGOverpaying
10$2,015$1,336$679
20$7,521$5,078$2,443
30$21,077$14,482$6,595

Expense ratio

  • 1.15%AMZZ
  • 0.75%OKTG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 315 funds

AMZZ 222nd cheapest of 315 funds

AMZZ vs OKTG Dividends

Last 12 months to Nov 2, 2026
Payout (12M)
AMZZ None
OKTG None

Distribution history

AMZZAll AMZZ payments⁠

No distribution history available.

OKTGAll OKTG payments⁠

No distribution history available.

AMZZ vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AMZZ 62.2%since Apr 2024OKTG No data
Return per unit of riskSharpe ratio, 3 years
AMZZ 0.26since Apr 2024OKTG No data
Worst fallMax drawdown, 5 years
AMZZ −55.3%since Mar 2024OKTG No data
Market sensitivityBeta, 5 years
AMZZ 3.29OKTG 2.39

Popular comparisons

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