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GGLL vs OKTG

Direxion Daily GOOGL Bull 2X ETF

GGLLBNasdaq

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

Expense ratio

OKTG −0.21pt a year

GGLL0.96%OKTG0.75%

Avg volume · 30D

GGLL 40.7×the volume

GGLL1.57MOKTG38.5K

GGLL vs OKTG Performance

Dec 31, 2025 – Nov 2, 2026

−33.6%GGLL+170.5%OKTG

Dec 31, 2025 to Nov 2, 2026. GGLL −33.6%. OKTG +170.5%. Use the arrow keys to read each point.100%300%Dec 2025Jun 2026Nov 2026
Expense ratio
GGLL 0.96%
OKTG 0.75%, better
Fund size
GGLL $948M
OKTG $8M
1Y total return
GGLL −20.4%
OKTG No data
Yield (12M)
GGLL 7.85%
OKTG No data
Holdings
GGLL 10
OKTG 6
Avg volume (30D)
GGLL 1.57M sh, better
OKTG 38.5K sh
NAV per share
GGLL $63.63
OKTG $53.95
52W range

ETF.net Grade

GGLL: Cost 56, Risk 73, Mission 93, Tradability 72, Holdings not scored, Durability 88. OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51.
Pillar letters and Scores for GGLL, OKTG, with each pillar’s weight
PillarGGLLOKTG
Cost30% weightB56A70Higher
Mission25% weightA93A94Higher
Risk15% weightA73A76Higher
Tradability15% weightA72A73Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA88HigherC51

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. GGLL 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 GGLL 15th 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 15BGEVGLeverage Shares 2x Long GEV Daily ETFScore 66
  6. Rank 15BGGLLDirexion Daily GOOGL Bull 2X ETFScore 66
  7. Rank 17BARMGLeverage Shares 2x Long ARM Daily ETFScore 65

Our read on each fund

ETF.net Research

GGLLBDirexion Daily GOOGL Bull 2X ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

GGLL A double-strength Alphabet trade in a single ticker. GGLL aims for 200% of GOOGL's daily move, no margin account or options chain required, and Direxion has been running it since 2022.

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

GGLL The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Alphabet Inc.'s Class A shares.

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

  • GGLL Aims for 200% of the daily move in Alphabet Class A shares from a plain brokerage account. No margin agreement, no options chain, no rolling positions yourself.direxion.com
  • Hits its stated daily 2x target tightly, one of the stronger implementations in a crowded field of leveraged single-stock funds.
  • A several-hundred-million-dollar fund that trades actively, so getting in and out is rarely the hard part.
  • Live since 2022, giving this one a real track record through fast tape and slow tape alike, which is more than much of its cohort can say.
  • 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

  • GGLL The 2x resets every day. Hold longer and compounding takes over, so a multi-day result can land far from twice the stock's move over that stretch, especially in choppy markets.direxion.com
  • One company is the entire fund. An earnings miss or an antitrust headline at Alphabet hits here at double strength, downside included.
  • At 0.96%, it runs pricier than 2x single-stock peers such as UNHG, ASMG and AMDG at 0.75%, though it sits under the typical fee in its cohort.
  • 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 GGLL profile⁠

Full OKTG profile⁠

GGLL 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.

GGLL vs OKTG Cost

Overpaying GGLL vs OKTG

$3,552

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

  • GGLL 0.96%

    $18,034

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • GGLL 0.96%
  • 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$20K051015202530GGLL $18,034OKTG $14,482

Year by year

YearGGLLOKTGOverpaying
10$1,695$1,336$359
20$6,383$5,078$1,305
30$18,034$14,482$3,552

Expense ratio

  • 0.96%GGLL
  • 0.75%OKTG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 315 funds

GGLL 154th cheapest of 315 funds

GGLL vs OKTG Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
GGLL 7.85%
OKTG No data
Payout (12M)
GGLL $4.96
OKTG None
Last payment
GGLL $0.61
OKTG No data
Ex-dividend
GGLL Sep 22, 2026
OKTG No data
Paid on
GGLL Sep 29, 2026
OKTG No data
Frequency
GGLL Quarterly
OKTG No data

Distribution history

Per share, 2022 to 2026, same scale for both

GGLLQuarterly · 19 paymentsAll GGLL payments⁠
One bar per payment. 19 payments from 2022 to 2026 YTD. Sep 20, 2022 $0.0061; Dec 20, 2022 $0.10; Mar 21, 2023 $0.07; Jun 21, 2023 $0.17; Sep 19, 2023 $0.19; Dec 21, 2023 $0.23; Mar 19, 2024 $0.20; Jun 25, 2024 $0.33; Sep 24, 2024 $0.24; Dec 12, 2024 $0.39; Dec 23, 2024 $0.34; Mar 25, 2025 $0.22; Jun 24, 2025 $0.26; Sep 23, 2025 $0.36; Dec 10, 2025 $2.85; Dec 23, 2025 $0.34; Mar 24, 2026 $0.58; Jun 23, 2026 $0.58; Sep 22, 2026 $0.61. Use the arrow keys to read each point.$0$2.5020232026YTD
OKTGAll OKTG payments⁠

No distribution history available.

GGLL vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GGLL 69.4%OKTG No data
Return per unit of riskSharpe ratio, 3 years
GGLL 0.71OKTG No data
Worst fallMax drawdown, 5 years
GGLL −57.1%since Sep 2022OKTG No data
Market sensitivityBeta, 5 years
GGLL 2.58OKTG 2.39

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