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AVXX vs OKTG

Defiance Daily Target 2X Long AVAV ETF

AVXXDNasdaq

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

Expense ratio

OKTG −0.56pt a year

AVXX1.31%OKTG0.75%

Avg volume · 30D

AVXX 3.7×the volume

AVXX144KOKTG38.5K

AVXX vs OKTG Performance

Dec 31, 2025 – Nov 2, 2026

−87.2%AVXX+170.5%OKTG

Dec 31, 2025 to Nov 2, 2026. AVXX −87.2%. OKTG +170.5%. Use the arrow keys to read each point.0%100%300%Dec 2025Jun 2026Nov 2026
Expense ratio
AVXX 1.31%
OKTG 0.75%, better
Fund size
AVXX $11M
OKTG $8M
1Y total return
AVXX −95.0%
OKTG No data
Holdings
AVXX 8
OKTG 6
Avg volume (30D)
AVXX 144K sh, better
OKTG 38.5K sh
NAV per share
AVXX $15.98
OKTG $53.95
52W range

ETF.net Grade

AVXX: Cost 25, Risk 24, Mission 84, Tradability 41, Holdings not scored, Durability 63. OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51.
Pillar letters and Scores for AVXX, OKTG, with each pillar’s weight
PillarAVXXOKTG
Cost30% weightD25A70Higher
Mission25% weightA84A94Higher
Risk15% weightF24A76Higher
Tradability15% weightC41A73Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB63HigherC51

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. AVXX 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 AVXX 272nd 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 271DAPHUT-REX 2X Long APH Daily Target ETFScore 32
  6. Rank 272DAVXXDefiance Daily Target 2X Long AVAV ETFScore 31
  7. Rank 272DPDDLGraniteShares 2x Long PDD Daily ETFScore 31

Our read on each fund

ETF.net Research

AVXXDDefiance Daily Target 2X Long AVAV ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

AVXX One ticker, one stock, double the daily move. AVXX targets 2x AeroVironment's (AVAV) daily percentage change and resets every session, so its math is built around single days, not long stretches.

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

AVXX The fund seeks amplified long exposure to AeroVironment Inc., with daily results targeted at two times the underlying stock's daily percentage change.

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

  • AVXX Clean packaging for a leveraged single-name trade: 2x daily exposure to AVAV through an ordinary brokerage order, with no margin account and no options chain to manage.defianceetfs.com
  • Delivery matches the label: day to day, the fund has tracked its stated 2x daily target closely.
  • Narrow by design. This is the concentrated version of the trade, amplified exposure to a single company rather than a diluted basket, and it changes hands actively for a young fund.
  • 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

  • AVXX The fee runs 1.31%, above what several established 2x single-stock funds charge (GGLL and AAPU at 0.96%, UNHG and ASMG at 0.75%).
  • Daily reset: hold longer than a session and results can drift well away from 2x AVAV's move over that stretch, especially in choppy markets.
  • Everything rides on one company's headlines, and the 2x multiple magnifies drawdowns as readily as gains. Launched in 2025, so the record is short.
  • 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 AVXX profile⁠

Full OKTG profile⁠

AVXX 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.

AVXX vs OKTG Cost

Overpaying AVXX vs OKTG

$9,037

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

  • AVXX 1.31%

    $23,519

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • AVXX 1.31%
  • 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$25K051015202530AVXX $23,519OKTG $14,482

Year by year

YearAVXXOKTGOverpaying
10$2,280$1,336$944
20$8,450$5,078$3,372
30$23,519$14,482$9,037

Expense ratio

  • 1.31%AVXX
  • 0.75%OKTG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 315 funds

AVXX 236th cheapest of 315 funds

AVXX vs OKTG Dividends

Last 12 months to Nov 2, 2026
Payout (12M)
AVXX No data
OKTG None
Last payment
AVXX $0.43
OKTG No data
Ex-dividend
AVXX Dec 30, 2025
OKTG No data
Paid on
AVXX Dec 31, 2025
OKTG No data
Frequency
AVXX Irregular
OKTG No data

Distribution history

Per share, 2025 to 2026, same scale for both

AVXXIrregular · 1 paymentAll AVXX payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $0.43. Use the arrow keys to read each point.$0$0.502026YTD
OKTGAll OKTG payments⁠

No distribution history available.

AVXX vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AVXX 78.3%since Nov 2025OKTG No data
Return per unit of riskSharpe ratio, 3 years
AVXX −2.93since Nov 2025OKTG No data
Worst fallMax drawdown, 5 years
AVXX −95.6%since Oct 2025OKTG No data
Market sensitivityBeta, 5 years
AVXX 4.27OKTG 2.39

Popular comparisons

  • AVXXDvsTSMGA

    Defiance Daily Target 2X Long AVAV ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    1.31% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • OKTGAvsTSMGA

    Leverage Shares 2x Long OKTA Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    0.75% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • AVXXDvsUNHGA

    Defiance Daily Target 2X Long AVAV ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    1.31% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • OKTGAvsUNHGA

    Leverage Shares 2x Long OKTA Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    0.75% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • AVXXDvsPANGA

    Defiance Daily Target 2X Long AVAV ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    1.31% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • OKTGAvsPANGA

    Leverage Shares 2x Long OKTA Daily ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    0.75% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.