HODU vs OKTG

HODUCDirexion Daily HOOD Bull 2X ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

HODU Two times Robinhood's daily move, reset every single day. Direxion's HOOD bull fund is a short-hold trading instrument rather than a stake in the company, and it has stayed close to that daily target since its 2025 launch.

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

HODU The fund seeks daily investment results equal to 200% of the performance of Robinhood Markets, Inc. common shares, 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

• HODU Does one job: 200% of HOOD's daily move, before fees. It has tracked that daily target closely, placing it in the upper tier of hundreds of leveraged single-stock funds.direxion.com
• Costs 0.97% net of a waiver through September 1, 2027 (0.99% gross), near the median fee for leveraged single-stock funds.
• Comes from Direxion, where daily-reset leverage is the core business; HODU arrived in a 2025 batch alongside the firm's Coinbase, Oracle and Intel single-stock funds.direxion.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

• HODU The 2X objective resets daily. Hold for weeks and the result follows the path HOOD took, not just where it landed; choppy stretches can grind the position down.direxion.com
• The same 2x daily HOOD exposure exists cheaper: HOOX charges 0.68%, with no waiver propping up that number.
• One company, doubled. A single earnings print or regulatory headline drives the whole position, and this is a young, smaller fund that only launched in late 2025.

• 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 HODU profile⁠

Full OKTG profile⁠