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BABU vs OKTG

Direxion Daily BABA Bull 2X ETF

BABUCNasdaq

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

Expense ratio

OKTG −0.22pt a year

BABU0.97%OKTG0.75%

Avg volume · 30D

BABU 4.0×the volume

BABU155KOKTG38.5K

BABU vs OKTG Performance

Jul 31, 2026 – Oct 30, 2026

−39.7%BABU+79.7%OKTG

Jul 31, 2026 to Oct 30, 2026. BABU −39.7%. OKTG +79.7%. Use the arrow keys to read each point.0%50%100%Jul 2026Sep 2026Oct 2026
Expense ratio
BABU 0.97%
OKTG 0.75%, better
Fund size
BABU $6M
OKTG $8M
Holdings
BABU 9
OKTG 5
Avg volume (30D)
BABU 155K sh, better
OKTG 38.5K sh
NAV per share
BABU $7.34
OKTG $53.95
52W range

ETF.net Grade

BABU: Cost 54, Risk 47, Mission 93, Tradability 47, Holdings not scored, Durability 59. OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51.
Pillar letters and Scores for BABU, OKTG, with each pillar’s weight
PillarBABUOKTG
Cost30% weightC54A70Higher
Mission25% weightA93A94Higher
Risk15% weightC47A76Higher
Tradability15% weightC47A73Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB59HigherC51

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. BABU 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 BABU 82nd 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 78CQCMUDirexion Daily QCOM Bull 2X ETFScore 52
  6. Rank 82CBABUDirexion Daily BABA Bull 2X ETFScore 51
  7. Rank 82CLMTLDirexion Daily LMT Bull 2X ETFScore 51

Our read on each fund

ETF.net Research

BABUCDirexion Daily BABA Bull 2X ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

BABU Three ETFs chase 200% of Alibaba's daily move. This one charges the least of them: 0.97% net of a waiver through September 1, 2027. A trading tool, built for days, not years.

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

BABU The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Alibaba Group Holding Limited 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

  • BABU Lowest fee of the BABA doublers: 0.97% net of a waiver through September 1, 2027, vs KBAB (0.99% net, waiver to August 1, 2028) and BABX (1.15% net, waiver to December 31, 2026).
  • Does what it says: the fund has tracked its 200% daily target closely, one of the stronger implementations in a crowded leveraged single-stock field.
  • Doubled Alibaba exposure from a plain brokerage ticker, with no margin account or stock-borrow arrangement to set up.investor.gov
  • 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

  • BABU The 2x target resets every day. Over longer stretches compounding pushes results away from twice BABA's move, and choppy markets widen that gap.investor.gov
  • One stock, no diversification cushion: every Alibaba earnings print or Beijing policy headline arrives here at double speed.sec.gov
  • Cheapest of its trio, not cheap outright: the fee sits near the leveraged single-stock median and above top-ranked 2x funds like TSMG (0.76%). Gross is 0.99% if the waiver lapses.
  • 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 BABU profile⁠

Full OKTG profile⁠

BABU 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.

BABU vs OKTG Cost

Overpaying BABU vs OKTG

$3,716

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

  • BABU 0.97%

    $18,198

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • BABU 0.97%
  • 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$20K051015202530BABU $18,198OKTG $14,482

Year by year

YearBABUOKTGOverpaying
10$1,712$1,336$376
20$6,443$5,078$1,365
30$18,198$14,482$3,716

Expense ratio

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

OKTG 87th cheapest of 315 funds

BABU 156th cheapest of 315 funds

BABU vs OKTG Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
BABU No data
OKTG None
Last payment
BABU $0.05
OKTG No data
Ex-dividend
BABU Sep 22, 2026
OKTG No data
Paid on
BABU Sep 29, 2026
OKTG No data
Frequency
BABU Quarterly
OKTG No data

Distribution history

Per share, 2026, same scale for both

BABUQuarterly · 3 paymentsAll BABU payments⁠
One bar per payment. 3 payments in 2026 YTD. Mar 24, 2026 $0.05; Jun 23, 2026 $0.05; Sep 22, 2026 $0.05. Use the arrow keys to read each point.$0$0.052026YTD
OKTGAll OKTG payments⁠

No distribution history available.

BABU vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
BABU 1.51OKTG 2.39

Popular comparisons

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  • OKTGAvsTSMGA

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