Skip to content
etf.net

BAIG vs OKTG

Leverage Shares 2x Long BBAI Daily ETF

BAIGCNasdaq

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

Expense ratio

OKTG −0.03pt a year

BAIG0.78%OKTG0.75%

Avg volume · 30D

OKTG 1.5×the volume

BAIG25.8KOKTG38.5K

BAIG vs OKTG Performance

Dec 31, 2025 – Oct 30, 2026

−88.0%BAIG+247.6%OKTG

Dec 31, 2025 to Oct 30, 2026. BAIG −88.0%. OKTG +247.6%. Use the arrow keys to read each point.0%100%300%Dec 2025Jun 2026Oct 2026
Expense ratio
BAIG 0.78%
OKTG 0.75%, better
Fund size
BAIG $5M
OKTG $8M
1Y total return
BAIG −94.2%
OKTG No data
Holdings
BAIG 5
OKTG 5
Avg volume (30D)
BAIG 25.8K sh
OKTG 38.5K sh, better
NAV per share
BAIG $10.49
OKTG $53.95
52W range

ETF.net Grade

BAIG: Cost 60, Risk 25, Mission 90, Tradability 40, Holdings not scored, Durability 52. OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51.
Pillar letters and Scores for BAIG, OKTG, with each pillar’s weight
PillarBAIGOKTG
Cost30% weightB60A70Higher
Mission25% weightA90A94Higher
Risk15% weightD25A76Higher
Tradability15% weightC40A73Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC52HigherC51

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. BAIG 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 BAIG 123rd 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 123CBABCCorgi BABA 2x Daily ETFScore 40
  6. Rank 123CBAIGLeverage Shares 2x Long BBAI Daily ETFScore 40
  7. Rank 123CBECCorgi BE 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

BAIGCLeverage Shares 2x Long BBAI Daily ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

BAIG Most 2x single-stock ETFs point at megacaps. BAIG points at BigBear.ai, a small, jumpy defense-AI name, and aims for twice its daily move through swaps, reset every day, for 0.78% a year with no waiver.

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

BAIG The Fund seeks daily leveraged investment results equal to two times the daily percentage change in BBAI's common-stock price, before fees and expenses. It does not pursue this objective for periods different from one trading day.

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

  • BAIG Swap agreements with major financial institutions do the work: exposure is sized for 200% of BigBear.ai's daily move, no margin account or options chain required.leverageshares.com
  • At 0.78% with no fee waiver, it sits below the category median and only a hair above the cheapest in its own lineup (OKTG at 0.75%, TSMG at 0.76%).
  • Day to day, it has stayed close to its stated 2x target, which is the entire job of a daily-reset 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

  • BAIG The 2x target resets every trading day. Held through a choppy stretch, results can trail twice BBAI's move, which the prospectus states plainly.leverageshares.com
  • One of the smaller, more lightly traded names in a crowded 2x category, so bid-ask spreads carry more weight here than in the megacap-linked versions.
  • The trust reserves the right to use splits or reverse splits to keep shares in a convenient trading range, changing your share count but not the fund's net 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 BAIG profile⁠

Full OKTG profile⁠

BAIG 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.

BAIG vs OKTG Cost

Overpaying BAIG vs OKTG

$520

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

  • BAIG 0.78%

    $15,002

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • BAIG 0.78%
  • 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$20K051015202530BAIG $15,002OKTG $14,482

Year by year

YearBAIGOKTGOverpaying
10$1,388$1,336$52
20$5,268$5,078$190
30$15,002$14,482$520

Expense ratio

  • 0.78%BAIG
  • 0.75%OKTG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 315 funds

BAIG 142nd cheapest of 315 funds

BAIG vs OKTG Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
BAIG No data
OKTG None
Last payment
BAIG $4.75
OKTG No data
Ex-dividend
BAIG Dec 30, 2025
OKTG No data
Paid on
BAIG Jan 2, 2026
OKTG No data
Frequency
BAIG Irregular
OKTG No data

Distribution history

Per share, 2025 to 2026, same scale for both

BAIGIrregular · 1 paymentAll BAIG payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $4.75. Use the arrow keys to read each point.$0$52026YTD
OKTGAll OKTG payments⁠

No distribution history available.

BAIG vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BAIG 119.2%since Sep 2025OKTG No data
Return per unit of riskSharpe ratio, 3 years
BAIG −1.05since Sep 2025OKTG No data
Worst fallMax drawdown, 5 years
BAIG −97.7%since Aug 2025OKTG No data
Market sensitivityBeta, 5 years
BAIG 6.83OKTG 2.39

Popular comparisons

  • BAIGCvsTSMGA

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

    Expense ratio
    0.78% · 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.

  • BAIGCvsUNHGA

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

    Expense ratio
    0.78% · 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.

  • BAIGCvsPANGA

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

    Expense ratio
    0.78% · 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.