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CRWG vs OKTG

Leverage Shares 2x Long CRWV Daily ETF

CRWGBNasdaq

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

Expense ratio

OKTG −0.02pt a year

CRWG0.77%OKTG0.75%

Avg volume · 30D

CRWG 89.1×the volume

CRWG3.43MOKTG38.5K

CRWG vs OKTG Performance

Dec 31, 2025 – Oct 30, 2026

−76.6%CRWG+247.6%OKTG

Dec 31, 2025 to Oct 30, 2026. CRWG −76.6%. OKTG +247.6%. Use the arrow keys to read each point.0%100%200%300%Dec 2025Jun 2026Oct 2026
Expense ratio
CRWG 0.77%
OKTG 0.75%, better
Fund size
CRWG $97M
OKTG $8M
1Y total return
CRWG −94.5%
OKTG No data
Holdings
CRWG 6
OKTG 5
Avg volume (30D)
CRWG 3.43M sh, better
OKTG 38.5K sh
NAV per share
CRWG $6.37
OKTG $53.95
52W range

ETF.net Grade

CRWG: Cost 60, Risk 28, Mission 96, Tradability 91, Holdings not scored, Durability 67. OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51.
Pillar letters and Scores for CRWG, OKTG, with each pillar’s weight
PillarCRWGOKTG
Cost30% weightB60A70Higher
Mission25% weightA96HigherA94
Risk15% weightD28A76Higher
Tradability15% weightA91HigherA73
Holdings10% weightNot scoredNot scored
Durability5% weightB67HigherC51

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. CRWG 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 CRWG 37th 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 37BCOHHLeverage Shares 2X Long COHR Daily ETFScore 60
  6. Rank 37BCRWGLeverage Shares 2x Long CRWV Daily ETFScore 60
  7. Rank 37BIREGLeverage Shares 2x Long IREN Daily ETFScore 60

Our read on each fund

ETF.net Research

CRWGBLeverage Shares 2x Long CRWV Daily ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

CRWG A 2x daily play on CoreWeave, the GPU landlord of the AI buildout. CRWG resets its leverage every day, costs 0.77%, and trades more briskly than most single-stock leverage funds.

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

CRWG The fund seeks daily investment results equal to 200% of the daily performance of CoreWeave, Inc. common stock, before fees and expenses.

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

  • CRWG Hitting 2x of CoreWeave's daily move is the entire job, and CRWG has stayed close to that target day after day, one of the tighter implementations in a crowded category.
  • At 0.77%, the fee sits below the category median and in line with siblings TSMG (0.76%) and UNHG (0.77%).
  • Actively traded, with pricing on the tighter end of its peer group. That matters when the holding period is measured in hours.
  • The multiple is 2x, not 3x: the milder end of the single-stock leverage shelf, launched in 2025.leverageshares.com
  • 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

  • CRWG Leverage resets daily. Hold longer and compounding takes over, so multi-week results can land far from 2x CoreWeave's move over the same stretch.leverageshares.com
  • Doubling one AI infrastructure stock's daily swings cuts both ways. This sits at the high-volatility end of the ETF universe.
  • One company, no cushion. An earnings print, a financing headline, or a lost contract at CoreWeave drives the whole fund.
  • 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 CRWG profile⁠

Full OKTG profile⁠

CRWG 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.

CRWG vs OKTG Cost

Overpaying CRWG vs OKTG

$347

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

  • CRWG 0.77%

    $14,829

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • CRWG 0.77%
  • 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$15K051015202530CRWG $14,829OKTG $14,482

Year by year

YearCRWGOKTGOverpaying
10$1,371$1,336$35
20$5,205$5,078$127
30$14,829$14,482$347

Expense ratio

  • 0.77%CRWG
  • 0.75%OKTG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 315 funds

CRWG 135th cheapest of 315 funds

CRWG vs OKTG Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
CRWG No data
OKTG None
Last payment
CRWG $2.00
OKTG No data
Ex-dividend
CRWG Dec 30, 2025
OKTG No data
Paid on
CRWG Jan 2, 2026
OKTG No data
Frequency
CRWG Irregular
OKTG No data

Distribution history

Per share, 2025 to 2026, same scale for both

CRWGIrregular · 1 paymentAll CRWG payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $2.00. Use the arrow keys to read each point.$0$22026YTD
OKTGAll OKTG payments⁠

No distribution history available.

CRWG vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CRWG 171.2%since Sep 2025OKTG No data
Return per unit of riskSharpe ratio, 3 years
CRWG −0.30since Sep 2025OKTG No data
Worst fallMax drawdown, 5 years
CRWG −96.5%since Aug 2025OKTG No data
Market sensitivityBeta, 5 years
CRWG 8.50OKTG 2.39

Popular comparisons

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

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