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CRWL vs OKTG

GraniteShares 2x Long CRWD Daily ETF

CRWLCNasdaq

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

Expense ratio

OKTG −0.92pt a year

CRWL1.67%OKTG0.75%

Avg volume · 30D

CRWL 3.7×the volume

CRWL140KOKTG37.8K

CRWL vs OKTG Performance

Dec 31, 2025 – Nov 9, 2026

+137.4%CRWL+144.2%OKTG

Dec 31, 2025 to Nov 9, 2026. CRWL +137.4%. OKTG +144.2%. Use the arrow keys to read each point.0%200%300%Dec 2025Jun 2026Nov 2026
Expense ratio
CRWL 1.67%
OKTG 0.75%, better
Fund size
CRWL $47M
OKTG $5M
1Y total return
CRWL +72.0%
OKTG No data
Holdings
CRWL 2
OKTG 6
Avg volume (30D)
CRWL 140K sh, better
OKTG 37.8K sh
NAV per share
CRWL $65.96
OKTG $34.20
52W range

ETF.net Grade

CRWL: Cost 2, Risk 74, Mission 99, Tradability 85, Holdings not scored, Durability 78. OKTG: Cost 70, Risk 78, Mission 95, Tradability 69, Holdings not scored, Durability 50.
Pillar letters and Scores for CRWL, OKTG, with each pillar’s weight
PillarCRWLOKTG
Cost30% weightF2A70Higher
Mission25% weightA99HigherA95
Risk15% weightA74A78Higher
Tradability15% weightA85HigherB69
Holdings10% weightNot scoredNot scored
Durability5% weightA78HigherC50

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. CRWL and OKTG are both graded against the same 312 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 312 funds
See all 312 ›

OKTG ranks 3rd and CRWL 110th of 312 funds in the Single-Stock Long Leveraged Category.

  1. Rank 1AUNHGLeverage Shares 2x Long UNH Daily ETFScore 74
  2. Rank 2ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
  3. Rank 3ACOTGLeverage Shares 2X Long COST Daily ETFScore 70
  4. Rank 3AOKTGLeverage Shares 2x Long OKTA Daily ETFScore 70
  5. Rank 3APANGLeverage Shares 2x Long PANW Daily ETFScore 70
  6. Rank 110CAMADefiance Daily Target 2X Long AMAT ETFScore 43
  7. Rank 110CCRWLGraniteShares 2x Long CRWD Daily ETFScore 43
  8. Rank 110CDLLLGraniteShares 2x Long DELL Daily ETFScore 43

Our read on each fund

ETF.net Research

CRWLCGraniteShares 2x Long CRWD Daily ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

CRWL A one-day trade on CrowdStrike. CRWL aims to deliver twice CRWD's daily move, resets every night, and makes no claim on any longer stretch. GraniteShares has run it since 2024, and it has stayed close to that 2x daily target.

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

CRWL The Fund seeks daily investment results equal to twice the daily percentage change of CrowdStrike Holdings Inc.'s common stock, before fees and expenses. The objective is measured daily and is not intended to track twice the cumulative return over periods longer than one 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

  • CRWL The daily math holds up: CRWL has landed close to twice CRWD's daily move, which is the entire job of a geared single-stock fund.graniteshares.com
  • Liquidity has been workable for a single-stock leveraged fund, so getting a position on or off has not been the hard part.
  • Running since 2024, and GraniteShares files a 2x short CRWD fund in the same prospectus, so both sides of the stock sit under one roof.graniteshares.com
  • Lands in the upper half of a crowded leveraged single-stock field on how cleanly it executes the mandate it wrote down.
  • 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

  • CRWL Cost is the trade-off: 1.50% net of a waiver through December 31, 2026, and 1.82% without it. Rival 2x single-stock funds charge less, with OKTG at 0.75% and TSMG at 0.76% and no waiver attached.
  • The 2x target resets every day. Over a choppy multi-day stretch, compounding can leave the fund short of twice CRWD's move for the period, even if the stock ends higher.graniteshares.com
  • One stock, double the swing. A single earnings print or security headline at CrowdStrike moves this fund twice as hard, in both directions, with no diversification to soften it.graniteshares.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 CRWL profile⁠

Full OKTG profile⁠

CRWL 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.

CRWL vs OKTG Cost

Overpaying CRWL vs OKTG

$14,155

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

  • CRWL 1.67%

    $28,637

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • CRWL 1.67%
  • 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$30K051015202530CRWL $28,637OKTG $14,482

Year by year

YearCRWLOKTGOverpaying
10$2,863$1,336$1,527
20$10,445$5,078$5,367
30$28,637$14,482$14,155

Expense ratio

  • 1.67%CRWL
  • 0.75%OKTG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 312 funds

CRWL 305th cheapest of 312 funds

CRWL vs OKTG Dividends

Last 12 months to Nov 9, 2026
Payout (12M)
CRWL None
OKTG None

Distribution history

CRWLAll CRWL payments⁠

No distribution history available.

OKTGAll OKTG payments⁠

No distribution history available.

CRWL vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CRWL 134.1%since Dec 2024OKTG No data
Return per unit of riskSharpe ratio, 3 years
CRWL 0.90since Dec 2024OKTG No data
Worst fallMax drawdown, 5 years
CRWL −65.0%since Nov 2024OKTG No data
Market sensitivityBeta, 5 years
CRWL 4.67OKTG 2.39

CRWL and OKTG in the news

All news⁠

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