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BTDL vs OKTG

GraniteShares 2x Long BTDR Daily ETF

BTDLFNasdaq

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

0.0%by weight

Expense ratio

OKTG −0.75pt a year

BTDL1.50%OKTG0.75%

Avg volume · 30D

BTDL 1.1×the volume

BTDL42KOKTG38.5K

BTDL vs OKTG Performance

Jul 31, 2026 – Nov 2, 2026

−75.8%BTDL+39.8%OKTG

Jul 31, 2026 to Nov 2, 2026. BTDL −75.8%. OKTG +39.8%. Use the arrow keys to read each point.−50%0%100%Jul 2026Sep 2026Nov 2026
Expense ratio
BTDL 1.50%
OKTG 0.75%, better
Fund size
BTDL $2M
OKTG $8M
Holdings
BTDL 2
OKTG 6
Avg volume (30D)
BTDL 42K sh, better
OKTG 38.5K sh
NAV per share
BTDL $4.82
OKTG $53.95
52W range

ETF.net Grade

BTDL: Cost 11, Risk 24, Mission not scored, Tradability 39, Holdings not scored, Durability 40. OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51.
Pillar letters and Scores for BTDL, OKTG, with each pillar’s weight
PillarBTDLOKTG
Cost30% weightF11A70Higher
Mission25% weightNot scoredA94
Risk15% weightF24A76Higher
Tradability15% weightD39A73Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC40C51Higher

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. BTDL 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 BTDL 301st 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 298FGLXUT-REX 2X Long GLXY Daily Target ETFScore 23
  6. Rank 301FBTDLGraniteShares 2x Long BTDR Daily ETFScore 22
  7. Rank 302FONDUTradr 2X Long ONDS Daily ETFScore 21

Our read on each fund

ETF.net Research

BTDLFGraniteShares 2x Long BTDR Daily ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

BTDL No data

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

BTDL No data

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

BTDL No data

  • 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

BTDL No data

  • 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 BTDL profile⁠

Full OKTG profile⁠

BTDL vs OKTG Holdings

How BTDL and OKTG differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of BTDL and 0.0% of OKTG.

Level by level

  • Asset classLeveraged/Inverse, Equity0.0%
  • Countryby domicile0.0%
  • Holdings0 in both0.0%

Sector

No Sector split for BTDL and OKTG.

Country, concentration and asset class

Country by domicile

Country weights in BTDL and OKTG, widest gap first
CountryMore in BTDLMore in OKTG
SingaporeBTDL +100.0 points
United StatesOKTG +100.0 points

Outside the US: BTDL 100% developed, 0% emerging.

Concentration

Weight in the 10 largest Holdings

  • BTDL100.0%
  • OKTG207.4%

Securities held

  • BTDL1
  • OKTG1

Asset class

BTDL
Leveraged/Inverse
OKTG
Equity

Holdings

  • Only in BTDL1
  • In both0
  • Only in OKTG1

Only in BTDL

1 security, 66.7% of BTDL by weight

  • Btdr66.66%

Only in OKTG

1 security, 7.4% of OKTG by weight

  • First American Treasury Obligations Fund 01/01/20407.35%

Weight gaps

BTDL and OKTG share no securities.

All BTDL holdings⁠All 6 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.

BTDL vs OKTG Cost

Overpaying BTDL vs OKTG

$11,801

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

  • BTDL 1.50%

    $26,283

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • BTDL 1.50%
  • OKTG 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530BTDL $26,283OKTG $14,482

Year by year

YearBTDLOKTGOverpaying
10$2,590$1,336$1,254
20$9,519$5,078$4,441
30$26,283$14,482$11,801

Expense ratio

  • 1.50%BTDL
  • 0.75%OKTG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 315 funds

BTDL 271st cheapest of 315 funds

BTDL vs OKTG Dividends

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

Distribution history

BTDLAll BTDL payments⁠

No distribution history available.

OKTGAll OKTG payments⁠

No distribution history available.

BTDL vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
BTDL 0.00OKTG 2.39

Popular comparisons

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