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FLYT vs OKTG

Tradr 2X Long FLY Daily ETF

FLYTDCboe

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

Expense ratio

OKTG −0.55pt a year

FLYT1.30%OKTG0.75%

Avg volume · 30D

FLYT 5.1×the volume

FLYT198KOKTG38.5K

FLYT vs OKTG Performance

Dec 31, 2025 – Oct 30, 2026

−76.8%FLYT+247.6%OKTG

Dec 31, 2025 to Oct 30, 2026. FLYT −76.8%. OKTG +247.6%. Use the arrow keys to read each point.0%100%300%Dec 2025Jun 2026Oct 2026
Expense ratio
FLYT 1.30%
OKTG 0.75%, better
Fund size
FLYT $6M
OKTG $8M
1Y total return
FLYT −85.4%
OKTG No data
Holdings
FLYT 2
OKTG 5
Avg volume (30D)
FLYT 198K sh, better
OKTG 38.5K sh
NAV per share
FLYT $3.08
OKTG $53.95
52W range

ETF.net Grade

FLYT: Cost 32, Risk 33, Mission 93, Tradability 54, Holdings not scored, Durability 54. OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51.
Pillar letters and Scores for FLYT, OKTG, with each pillar’s weight
PillarFLYTOKTG
Cost30% weightD32A70Higher
Mission25% weightA93A94Higher
Risk15% weightD33A76Higher
Tradability15% weightC54A73Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC54HigherC51

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. FLYT 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 FLYT 252nd 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 249CRBLUT-Rex 2X Long RBLX Daily Target ETFScore 39
  6. Rank 252DFLYTTradr 2X Long FLY Daily ETFScore 38
  7. Rank 252DIONXDefiance Daily Target 2X Long IONQ ETFScore 38

Our read on each fund

ETF.net Research

FLYTDTradr 2X Long FLY Daily ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

FLYT Most single-stock leveraged funds crowd around mega-caps. FLYT aims 2x daily leverage at Firefly Aerospace, a newly public rocket maker, using swaps, options or the shares themselves. It resets every day, so it is built for short holding periods.

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

FLYT The Fund seeks daily investment results, before fees and expenses, corresponding to two times the daily performance of Firefly Aerospace common shares. It targets that result for a single trading day and uses swaps, options, and/or direct stock investment.

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

  • FLYT Narrow job, cleanly done: two times FLY's daily move before fees, via swaps, options or direct shares. Tracking to that daily target has been tight versus peers.tradretfs.com
  • Unusual underlying. Leveraged single-stock ETFs mostly sit on mega-caps (AAPU on Apple, GGLL on Alphabet). FLYT points the same machinery at a small space-launch name.
  • Registered 1940 Act ETF: intraday trading, a stated daily objective and standard fund oversight wrapped around an otherwise hard-to-lever position.tradretfs.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

  • FLYT Fee runs 1.30% a year, above the typical 2x single-stock fund. Peers like UNHG and ASMG charge meaningfully less for the same daily-leverage mechanic.
  • The 2x target resets daily. Hold past one session and compounding takes over, so multi-day results can diverge sharply from twice FLY's move over that stretch.
  • Launched in 2025 with a small asset base and moderate turnover, which can mean wider spreads than the category's biggest names.
  • 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 FLYT profile⁠

Full OKTG profile⁠

FLYT 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.

FLYT vs OKTG Cost

Overpaying FLYT vs OKTG

$8,887

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

  • FLYT 1.30%

    $23,369

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • FLYT 1.30%
  • 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$20K$25K051015202530FLYT $23,369OKTG $14,482

Year by year

YearFLYTOKTGOverpaying
10$2,263$1,336$927
20$8,393$5,078$3,315
30$23,369$14,482$8,887

Expense ratio

  • 1.30%FLYT
  • 0.75%OKTG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 315 funds

FLYT 229th cheapest of 315 funds

FLYT vs OKTG Dividends

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

Distribution history

FLYTAll FLYT payments⁠

No distribution history available.

OKTGAll OKTG payments⁠

No distribution history available.

FLYT vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FLYT 173.2%since Nov 2025OKTG No data
Return per unit of riskSharpe ratio, 3 years
FLYT −0.16since Nov 2025OKTG No data
Worst fallMax drawdown, 5 years
FLYT −95.0%since Oct 2025OKTG No data
Market sensitivityBeta, 5 years
FLYT 2.05OKTG 2.39

Popular comparisons

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