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LLYX vs OKTG

Daily Target 2X Long LLY ETF

LLYXCNYSE Arca

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

Expense ratio

OKTG −0.74pt a year

LLYX1.49%OKTG0.75%

Avg volume · 30D

LLYX 8.7×the volume

LLYX333KOKTG38.5K

LLYX vs OKTG Performance

Dec 31, 2025 – Nov 2, 2026

+38.4%LLYX+170.5%OKTG

Dec 31, 2025 to Nov 2, 2026. LLYX +38.4%. OKTG +170.5%. Use the arrow keys to read each point.100%300%Dec 2025Jun 2026Nov 2026
Expense ratio
LLYX 1.49%
OKTG 0.75%, better
Fund size
LLYX $92M
OKTG $8M
1Y total return
LLYX +108.4%
OKTG No data
Holdings
LLYX 9
OKTG 6
Avg volume (30D)
LLYX 333K sh, better
OKTG 38.5K sh
NAV per share
LLYX $35.62
OKTG $53.95
52W range

ETF.net Grade

LLYX: Cost 11, Risk 84, Mission 73, Tradability 79, Holdings not scored, Durability 81. OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51.
Pillar letters and Scores for LLYX, OKTG, with each pillar’s weight
PillarLLYXOKTG
Cost30% weightF11A70Higher
Mission25% weightA73A94Higher
Risk15% weightA84HigherA76
Tradability15% weightA79HigherA73
Holdings10% weightNot scoredNot scored
Durability5% weightA81HigherC51

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. LLYX 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 LLYX 92nd 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 88CSMCXDaily Target 2X Long SMCI ETFScore 49
  6. Rank 92CLLYXDaily Target 2X Long LLY ETFScore 48
  7. Rank 92CMRNXDaily Target 2X Long MRNA ETFScore 48

Our read on each fund

ETF.net Research

LLYXCDaily Target 2X Long LLY ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

LLYX A one-stock geared trade: LLYX uses swaps to chase twice Eli Lilly's daily move, reset every session. Live since 2024, it is the pricier of the two leveraged LLY funds at 1.49%.

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

LLYX The fund seeks daily leveraged returns equal to twice the daily percentage change in Eli Lilly and Company’s share price.

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

  • LLYX Pure mechanism: total return swaps on Eli Lilly, reset daily, aiming for twice LLY's move each session. It sits in a very small group of funds offering geared LLY exposure.defianceetfs.com
  • Geared LLY exposure in an ordinary brokerage account: no margin account, no options approval, and shares change hands regularly enough for everyday order sizes.defianceetfs.com
  • Upper half of a crowded single-stock leveraged field, helped by day-to-day results that have stayed close to the stated 2x daily target.
  • 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

  • LLYX Daily reset is the whole ballgame. Hold longer than a day and choppy LLY action can leave you with less than 2x the period move, even if the stock finishes higher.defianceetfs.com
  • Cost is the trade-off: 1.49% a year, above the category median, while the other leveraged LLY fund, ELIL, charges 1.07% net of a waiver through September 1, 2027.
  • One stock, doubled: an FDA or trial headline on Eli Lilly lands twice as hard here, and the exposure runs through swap counterparties rather than shares of LLY.defianceetfs.comsec.gov
  • 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 LLYX profile⁠

Full OKTG profile⁠

LLYX 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.

LLYX vs OKTG Cost

Overpaying LLYX vs OKTG

$11,659

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

  • LLYX 1.49%

    $26,141

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • LLYX 1.49%
  • OKTG 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530LLYX $26,141OKTG $14,482

Year by year

YearLLYXOKTGOverpaying
10$2,574$1,336$1,238
20$9,464$5,078$4,386
30$26,141$14,482$11,659

Expense ratio

  • 1.49%LLYX
  • 0.75%OKTG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 315 funds

LLYX 263rd cheapest of 315 funds

LLYX vs OKTG Dividends

Last 12 months to Nov 2, 2026
Payout (12M)
LLYX No data
OKTG None
Last payment
LLYX $0.70
OKTG No data
Ex-dividend
LLYX Dec 30, 2025
OKTG No data
Paid on
LLYX Dec 31, 2025
OKTG No data
Frequency
LLYX Irregular
OKTG No data

Distribution history

Per share, 2025 to 2026, same scale for both

LLYXIrregular · 1 paymentAll LLYX payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $0.70. Use the arrow keys to read each point.$0$0.502026YTD
OKTGAll OKTG payments⁠

No distribution history available.

LLYX vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
LLYX 74.1%since Sep 2024OKTG No data
Return per unit of riskSharpe ratio, 3 years
LLYX 0.39since Sep 2024OKTG No data
Worst fallMax drawdown, 5 years
LLYX −68.0%since Aug 2024OKTG No data
Market sensitivityBeta, 5 years
LLYX 0.60OKTG 2.39

Popular comparisons

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