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ECHX vs OKTG

Leverage Shares 2X Long SATS Daily ETF

ECHXBNasdaq

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

ECHX0.75%OKTG0.75%

Avg volume · 30D

ECHX 8.8×the volume

ECHX337KOKTG38.5K

ECHX vs OKTG Performance

Jul 31, 2026 – Oct 30, 2026

+21.5%ECHX+79.7%OKTG

Jul 31, 2026 to Oct 30, 2026. ECHX +21.5%. OKTG +79.7%. Use the arrow keys to read each point.−25%0%50%100%125%Jul 2026Sep 2026Oct 2026
Expense ratio
ECHX 0.75%
OKTG 0.75%
Fund size
ECHX $11M
OKTG $8M
Holdings
ECHX 6
OKTG 5
Avg volume (30D)
ECHX 337K sh, better
OKTG 38.5K sh
NAV per share
ECHX $8.86
OKTG $53.95
52W range

ETF.net Grade

ECHX: Cost 70, Risk 56, Mission not scored, Tradability 78, Holdings not scored, Durability 52. OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51.
Pillar letters and Scores for ECHX, OKTG, with each pillar’s weight
PillarECHXOKTG
Cost30% weightA70A70
Mission25% weightNot scoredA94
Risk15% weightB56A76Higher
Tradability15% weightA78HigherA73
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. ECHX 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 ECHX 11th 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 11BCRMGLeverage Shares 2x Long CRM Daily ETFScore 67
  6. Rank 11BECHXLeverage Shares 2X Long SATS Daily ETFScore 67
  7. Rank 11BNBIGLeverage Shares 2x Long NBIS Daily ETFScore 67

Our read on each fund

ETF.net Research

ECHXBLeverage Shares 2X Long SATS Daily ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

ECHX A 2x daily play on EchoStar, the satellite and spectrum operator, in one ticker. No margin account, no options chain, and a fee that undercuts most leveraged single-stock 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

ECHX The fund seeks daily investment results, before fees and expenses, corresponding to 200% of the daily performance of EchoStar Corporation stock. It is a single-stock leveraged ETF designed primarily for short-term tactical trading.

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

  • ECHX 0.75% a year, under the typical fee for 2x single-stock ETFs. Cheap is rare in this corner of the market.
  • Delivers 2x EchoStar's daily move from an ordinary brokerage account: no margin agreement, no options chain, no overnight financing to manage yourself.leverageshares.com
  • One of the stronger builds among the hundreds of bull leveraged single-stock ETFs, helped by its low fee and steady trading.
  • 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

  • ECHX The 2x target resets every day. Hold through a choppy stretch and your result can drift well away from 2x the stock's move over that period.
  • One company, doubled. Spectrum deals, satellite news, and financing headlines hit this fund twice as hard, in both directions.marketscreener.com
  • Launched December 2025, and the name still says SATS. EchoStar's stock switched to the ECHO ticker in June 2026.marketscreener.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 ECHX profile⁠

Full OKTG profile⁠

ECHX 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.

ECHX vs OKTG Cost

Same expense ratio

$14,482

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

  • ECHX 0.75%

    $14,482

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • ECHX 0.75%
  • OKTG 0.75%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530ECHX $14,482OKTG $14,482

Year by year

YearECHXOKTG
10$1,336$1,336
20$5,078$5,078
30$14,482$14,482

Expense ratio

  • 0.75%ECHX
  • 0.75%OKTG
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

ECHX 87th cheapest of 315 funds

OKTG 87th cheapest of 315 funds

ECHX vs OKTG Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
ECHX None
OKTG None

Distribution history

ECHXAll ECHX payments⁠

No distribution history available.

OKTGAll OKTG payments⁠

No distribution history available.

ECHX vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
ECHX 1.63OKTG 2.39

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