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ASMG vs OKTG

Leverage Shares 2x Long ASML Daily ETF

ASMGBNasdaq

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

7.4%by weight

Expense ratio

OKTG −0.02pt a year

ASMG0.77%OKTG0.75%

Avg volume · 30D

ASMG 2.1×the volume

ASMG80.1KOKTG38.5K

ASMG vs OKTG Performance

Dec 31, 2025 – Nov 2, 2026

+51.0%ASMG+170.5%OKTG

Dec 31, 2025 to Nov 2, 2026. ASMG +51.0%. OKTG +170.5%. Use the arrow keys to read each point.0%100%300%Dec 2025Jun 2026Nov 2026
Expense ratio
ASMG 0.77%
OKTG 0.75%, better
Fund size
ASMG $21M
OKTG $8M
1Y total return
ASMG +48.0%
OKTG No data
Holdings
ASMG 4
OKTG 6
Avg volume (30D)
ASMG 80.1K sh, better
OKTG 38.5K sh
NAV per share
ASMG $36.12
OKTG $53.95
52W range

ETF.net Grade

ASMG: Cost 60, Risk 82, Mission 95, Tradability 79, Holdings not scored, Durability 65. OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51.
Pillar letters and Scores for ASMG, OKTG, with each pillar’s weight
PillarASMGOKTG
Cost30% weightB60A70Higher
Mission25% weightA95HigherA94
Risk15% weightA82HigherA76
Tradability15% weightA79HigherA73
Holdings10% weightNot scoredNot scored
Durability5% weightB65HigherC51

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. ASMG 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 ASMG 5th 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 5BAMDGLeverage Shares 2x Long AMD Daily ETFScore 69
  6. Rank 5BASMGLeverage Shares 2x Long ASML Daily ETFScore 69
  7. Rank 5BCOTGLeverage Shares 2X Long COST Daily ETFScore 69

Our read on each fund

ETF.net Research

ASMGBLeverage Shares 2x Long ASML Daily ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

ASMG Two times ASML's daily move, reset each day. Since its January 2025 launch, ASMG has stuck closely to that one narrow job, at a fee below the single-stock leverage median. The issuer calls it a short-term tool, and means it.

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

ASMG The fund seeks to deliver twice the daily performance of ASML stock, before fees and expenses, for short-term leveraged exposure.

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

  • ASMG The mandate is one line: 200% of ASML's daily move, before fees. No options overlay, no manager discretion, no index to drift from.leverageshares.com
  • One of the stronger implementations in a field of hundreds of single-stock leverage funds, staying close to its stated 2x daily target since launch.
  • Priced below the typical single-stock leveraged fund, with no waiver propping up the number, so there is no step-up date waiting down the road.
  • Sibling funds price within a basis point or two of each other (OKTG 0.75%, TSMG 0.76%), so the pick comes down to the underlying stock, not the sticker.
  • 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

  • ASMG The daily reset compounds. Held through a choppy stretch, results can diverge from 2x the period move in either direction. The issuer frames it as short-term.leverageshares.com
  • Everything rides on one company's news flow, doubled. No diversification to soften an earnings night.
  • A small fund by category standards, and this sponsor has closed siblings in the lineup that did not attract enough assets.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 ASMG profile⁠

Full OKTG profile⁠

ASMG vs OKTG Holdings

How ASMG and OKTG differ

Overlap by weight

7.4%

Shared holdings make up 15.1% of ASMG and 7.4% of OKTG.

Level by level

  • Holdings1 in both7.4%
  • Asset classEquity100%
  • Countryby domicile100%

Sector

No Sector split for ASMG and OKTG.

Country, concentration and asset class

Country by domicile

Country weights in ASMG and OKTG, widest gap first
CountryMore in ASMGMore in OKTG
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • ASMG215.2%
  • OKTG207.4%

Securities held

  • ASMG1
  • OKTG1

Asset class

ASMG
Equity
OKTG
Equity

Holdings

  • Only in ASMG0
  • In both1
  • Only in OKTG0

Only in ASMG

0 securities, 0.0% of ASMG by weight

Only in OKTG

0 securities, 0.0% of OKTG by weight

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in ASMG and OKTG, widest gap first
HoldingMore in ASMGMore in OKTG
First American Treasury Obligations Fund 01/01/2040ASMG +7.77 points

All 4 ASMG holdings⁠All 6 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.

ASMG vs OKTG Cost

Overpaying ASMG vs OKTG

$347

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

  • ASMG 0.77%

    $14,829

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • ASMG 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$15K051015202530ASMG $14,829OKTG $14,482

Year by year

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

Expense ratio

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

OKTG 87th cheapest of 315 funds

ASMG 135th cheapest of 315 funds

ASMG vs OKTG Dividends

Last 12 months to Nov 2, 2026
Payout (12M)
ASMG No data
OKTG None
Last payment
ASMG $2.53
OKTG No data
Ex-dividend
ASMG Dec 30, 2025
OKTG No data
Paid on
ASMG Jan 2, 2026
OKTG No data
Frequency
ASMG Irregular
OKTG No data

Distribution history

Per share, 2025 to 2026, same scale for both

ASMGIrregular · 1 paymentAll ASMG payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $2.53. Use the arrow keys to read each point.$0$2.502026YTD
OKTGAll OKTG payments⁠

No distribution history available.

ASMG vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ASMG 96.5%since Feb 2025OKTG No data
Return per unit of riskSharpe ratio, 3 years
ASMG 0.95since Feb 2025OKTG No data
Worst fallMax drawdown, 5 years
ASMG −47.7%since Jan 2025OKTG No data
Market sensitivityBeta, 5 years
ASMG 2.95OKTG 2.39

ASMG and OKTG in the news

All news⁠

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