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BMNG vs OKTG

Leverage Shares 2x Long BMNR Daily ETF

BMNGCNasdaq

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

Expense ratio

OKTG −0.03pt a year

BMNG0.78%OKTG0.75%

Avg volume · 30D

BMNG 17.7×the volume

BMNG680KOKTG38.5K

BMNG vs OKTG Performance

Dec 31, 2025 – Nov 2, 2026

−77.3%BMNG+170.5%OKTG

Dec 31, 2025 to Nov 2, 2026. BMNG −77.3%. OKTG +170.5%. Use the arrow keys to read each point.0%100%300%Dec 2025Jun 2026Nov 2026
Expense ratio
BMNG 0.78%
OKTG 0.75%, better
Fund size
BMNG $31M
OKTG $8M
1Y total return
BMNG −94.3%
OKTG No data
Holdings
BMNG 6
OKTG 6
Avg volume (30D)
BMNG 680K sh, better
OKTG 38.5K sh
NAV per share
BMNG $15.45
OKTG $53.95
52W range

ETF.net Grade

BMNG: Cost 60, Risk 23, Mission 86, Tradability 75, Holdings not scored, Durability 61. OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51.
Pillar letters and Scores for BMNG, OKTG, with each pillar’s weight
PillarBMNGOKTG
Cost30% weightB60A70Higher
Mission25% weightA86A94Higher
Risk15% weightF23A76Higher
Tradability15% weightA75HigherA73
Holdings10% weightNot scoredNot scored
Durability5% weightB61HigherC51

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. BMNG 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 BMNG 71st 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 71CAAOGLeverage Shares 2X Long AAOI Daily ETFScore 54
  6. Rank 71CBMNGLeverage Shares 2x Long BMNR Daily ETFScore 54
  7. Rank 71CCIFGLeverage Shares 2x Long CIFR Daily ETFScore 54

Our read on each fund

ETF.net Research

BMNGCLeverage Shares 2x Long BMNR Daily ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

BMNG BitMine's balance sheet is mostly Ethereum. BMNG aims to deliver 200% of that stock's daily move, so you are stacking leverage on something that already trades like a crypto proxy. Fee: 0.78%, 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

BMNG The fund seeks daily investment results, before fees and expenses, corresponding to 200% of the daily performance of BitMine stock, identified as BMNR.

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

  • BMNG One job, stated plainly: 200% of BitMine stock's daily move, reset every day. No stock picking, no index to second-guess.
  • 0.78% all-in, with no waiver propping up the number, which lands below the typical fee in the single-stock leveraged category.
  • Actively traded, and it has stayed close to its stated daily target, which is more than you can say for every ticker in this crowded field.
  • 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

  • BMNG The 2x target resets daily. Through a choppy stretch, results can drift well away from twice the stock's move over that same span.
  • BitMine already swings with Ethereum, which it holds in size. Doubling that daily puts BMNG among the most volatile things on a US exchange.prnewswire.com
  • Launched in 2025, so the track record is short, and it makes no distributions. The whole case here is price movement.
  • 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 BMNG profile⁠

Full OKTG profile⁠

BMNG 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.

BMNG vs OKTG Cost

Overpaying BMNG vs OKTG

$520

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

  • BMNG 0.78%

    $15,002

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • BMNG 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$20K051015202530BMNG $15,002OKTG $14,482

Year by year

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

Expense ratio

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

OKTG 87th cheapest of 315 funds

BMNG 142nd cheapest of 315 funds

BMNG vs OKTG Dividends

Last 12 months to Nov 2, 2026
Payout (12M)
BMNG None
OKTG None

Distribution history

BMNGAll BMNG payments⁠

No distribution history available.

OKTGAll OKTG payments⁠

No distribution history available.

BMNG vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BMNG 168.0%since Nov 2025OKTG No data
Return per unit of riskSharpe ratio, 3 years
BMNG −0.80since Nov 2025OKTG No data
Worst fallMax drawdown, 5 years
BMNG −97.3%since Oct 2025OKTG No data
Market sensitivityBeta, 5 years
BMNG 1.83OKTG 2.39

Popular comparisons

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

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  • BMNGCvsPANGA

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