ASMU vs OKTG

ASMUBDirexion Daily ASML Bull 2X ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

ASMU Two times the daily move of ASML, the one company making the EUV lithography machines cutting-edge chips require. Direxion's 2x wrapper resets every day, so it tracks a one-day objective rather than a long-run one.

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

ASMU The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of ASML Holding N.V.'s common shares.

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

• ASMU The underlying is ASML, the only supplier of EUV lithography systems. ASMU aims for 200% of that stock's daily move, before fees and expenses.asml.commarketsandmarkets.com
• Sticks close to the job it advertises: one of the tighter deliveries of its stated daily target in a crowded field of single-stock leveraged funds.
• Two times, not three. The declared multiple is 200% of the daily move, a milder dose of amplification than triple-leveraged single-stock wrappers.direxion.com
• Costs 0.97% net of a waiver through September 1, 2027 (0.99% gross), which sits near the typical fee for leveraged single-stock funds rather than above it.

• 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

• ASMU ASMG runs the same 2x ASML daily mandate for 0.77%, no waiver holding that number down. Same reference stock, lower sticker.
• Daily reset: hold past one day and the result depends on ASML's path, not just its net move. Choppy stretches eat into returns even if the stock lands flat.
• Launched in February 2026, so the record is short, and it trades moderately rather than heavily, which can mean wider spreads around the open and close.

• 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 ASMU profile⁠

Full OKTG profile⁠