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HPEL vs OKTG

Leverage Shares 2X Long HPE Daily ETF

HPELBCboe

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

Expense ratio

OKTG −0.24pt a year

HPEL0.99%OKTG0.75%

Avg volume · 30D

HPEL 5.1×the volume

HPEL198KOKTG38.5K

HPEL vs OKTG Performance

Jul 31, 2026 – Oct 30, 2026

+13.3%HPEL+79.7%OKTG

Jul 31, 2026 to Oct 30, 2026. HPEL +13.3%. OKTG +79.7%. Use the arrow keys to read each point.−25%50%100%125%Jul 2026Sep 2026Oct 2026
Expense ratio
HPEL 0.99%
OKTG 0.75%, better
Fund size
HPEL $10M
OKTG $8M
Holdings
HPEL 4
OKTG 5
Avg volume (30D)
HPEL 198K sh, better
OKTG 38.5K sh
NAV per share
HPEL $15.79
OKTG $53.95
52W range

ETF.net Grade

HPEL: Cost 48, Risk 78, Mission not scored, Tradability 69, Holdings not scored, Durability 45. OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51.
Pillar letters and Scores for HPEL, OKTG, with each pillar’s weight
PillarHPELOKTG
Cost30% weightC48A70Higher
Mission25% weightNot scoredA94
Risk15% weightA78HigherA76
Tradability15% weightB69A73Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC45C51Higher

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. HPEL 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 HPEL 44th 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 44BFIGGLeverage Shares 2x Long FIG Daily ETFScore 59
  6. Rank 44BHPELLeverage Shares 2X Long HPE Daily ETFScore 59
  7. Rank 44BMSFLGraniteShares 2x Long MSFT Daily ETFScore 59

Our read on each fund

ETF.net Research

HPELBLeverage Shares 2X Long HPE Daily ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

HPEL No data

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

HPEL No data

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

HPEL No data

  • 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

HPEL No data

  • 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 HPEL profile⁠

Full OKTG profile⁠

HPEL 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.

HPEL vs OKTG Cost

Overpaying HPEL vs OKTG

$4,043

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

  • HPEL 0.99%

    $18,525

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • HPEL 0.99%
  • 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$20K051015202530HPEL $18,525OKTG $14,482

Year by year

YearHPELOKTGOverpaying
10$1,746$1,336$410
20$6,565$5,078$1,487
30$18,525$14,482$4,043

Expense ratio

  • 0.99%HPEL
  • 0.75%OKTG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 315 funds

HPEL 169th cheapest of 315 funds

HPEL vs OKTG Dividends

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

Distribution history

HPELAll HPEL payments⁠

No distribution history available.

OKTGAll OKTG payments⁠

No distribution history available.

HPEL vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
HPEL −3.87OKTG 2.39

Popular comparisons

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    Expense ratio
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  • OKTGAvsTSMGA

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  • OKTGAvsUNHGA

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  • HPELBvsPANGA

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  • OKTGAvsPANGA

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    Expense ratio
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