KEEX vs OKTG

KEEXDDefiance Daily Target 2X Long BITF ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

KEEX KEEX launched as a 2x Bitfarms tracker, then changed name and ticker when the miner redomiciled to the US and rebranded as Keel Infrastructure. The mechanic never moved: two times KEEL's daily move, one trading day at a time.

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

KEEX The Fund seeks daily investment results, before fees and expenses, equal to two times the daily percentage change in Keel Infrastructure Corp.'s share price. It is designed to pursue this objective only for a single trading day.

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

• KEEX Does one job and says it plainly: two times the daily percentage change in Keel Infrastructure's share price, before fees. Day to day it has tracked that target closely.defianceetfs.com
• It followed its underlying through a full identity change: Bitfarms redomiciled to the US and became Keel Infrastructure in 2026, and the fund's name and ticker moved with it.sec.govsec.gov 2
• Amplified exposure to a single stock from a plain brokerage ticker: no margin account, no options chain, no borrowing to arrange yourself.defianceetfs.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

• KEEX The 2x target resets daily. Hold longer and compounding takes over, so multi-day results can land well away from twice the stock's move, especially in choppy markets.defianceetfs.com
• At 1.35% a year it prices above the single-stock leveraged norm. Leverage Shares' 2x wrappers on other names (OKTG at 0.75%, TSMG at 0.76%) show how cheap the plumbing gets.
• One stock, doubled, mid-pivot from bitcoin mining to data centers. It is also smaller and less traded than the category's giants, so spreads can run wider.defianceetfs.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 KEEX profile⁠

Full OKTG profile⁠