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LMTL vs OKTG

Direxion Daily LMT Bull 2X ETF

LMTLCNasdaq

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

Expense ratio

OKTG −0.32pt a year

LMTL1.07%OKTG0.75%

Avg volume · 30D

OKTG 1.7×the volume

LMTL22.9KOKTG38.5K

LMTL vs OKTG Performance

Dec 31, 2025 – Nov 2, 2026

+54.8%LMTL+170.5%OKTG

Dec 31, 2025 to Nov 2, 2026. LMTL +54.8%. OKTG +170.5%. Use the arrow keys to read each point.0%100%300%Dec 2025Jun 2026Nov 2026
Expense ratio
LMTL 1.07%
OKTG 0.75%, better
Fund size
LMTL $8M
OKTG $8M
1Y total return
LMTL +48.3%
OKTG No data
Yield (12M)
LMTL 3.35%
OKTG No data
Holdings
LMTL 10
OKTG 6
Avg volume (30D)
LMTL 22.9K sh
OKTG 38.5K sh, better
NAV per share
LMTL $44.71
OKTG $53.95
52W range

ETF.net Grade

LMTL: Cost 40, Risk 83, Mission not scored, Tradability 42, Holdings not scored, Durability 65. OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51.
Pillar letters and Scores for LMTL, OKTG, with each pillar’s weight
PillarLMTLOKTG
Cost30% weightC40A70Higher
Mission25% weightNot scoredA94
Risk15% weightA83HigherA76
Tradability15% weightC42A73Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB65HigherC51

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. LMTL 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 LMTL 78th 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 78CBTCUDirexion Daily Bitcoin Bull 2X ETFScore 52
  6. Rank 78CLMTLDirexion Daily LMT Bull 2X ETFScore 52
  7. Rank 78CLRCUTradr 2X Long LRCX Daily ETFScore 52

Our read on each fund

ETF.net Research

LMTLCDirexion Daily LMT Bull 2X ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

LMTL 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

LMTL 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

LMTL 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

LMTL 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 LMTL profile⁠

Full OKTG profile⁠

LMTL 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.

LMTL vs OKTG Cost

Overpaying LMTL vs OKTG

$5,333

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

  • LMTL 1.07%

    $19,815

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • LMTL 1.07%
  • 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$20K051015202530LMTL $19,815OKTG $14,482

Year by year

YearLMTLOKTGOverpaying
10$1,881$1,336$545
20$7,046$5,078$1,968
30$19,815$14,482$5,333

Expense ratio

  • 1.07%LMTL
  • 0.75%OKTG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 315 funds

LMTL 213th cheapest of 315 funds

LMTL vs OKTG Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
LMTL 3.35%
OKTG No data
Payout (12M)
LMTL $1.53
OKTG None
Last payment
LMTL $0.27
OKTG No data
Ex-dividend
LMTL Sep 22, 2026
OKTG No data
Paid on
LMTL Sep 29, 2026
OKTG No data
Frequency
LMTL Quarterly
OKTG No data

Distribution history

Per share, 2025 to 2026, same scale for both

LMTLQuarterly · 6 paymentsAll LMTL payments⁠
One bar per payment. 6 payments from 2025 to 2026 YTD. Sep 23, 2025 $0.10; Dec 10, 2025 $0.65; Dec 23, 2025 $0.20; Mar 24, 2026 $0.17; Jun 23, 2026 $0.23; Sep 22, 2026 $0.27. Use the arrow keys to read each point.$0$0.502026YTD
OKTGAll OKTG payments⁠

No distribution history available.

LMTL vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
LMTL 95.9%since Sep 2025OKTG No data
Return per unit of riskSharpe ratio, 3 years
LMTL 0.81since Sep 2025OKTG No data
Worst fallMax drawdown, 5 years
LMTL −50.1%since Aug 2025OKTG No data
Market sensitivityBeta, 5 years
LMTL −0.88OKTG 2.39

Popular comparisons

  • LMTLCvsTSMGA

    Direxion Daily LMT Bull 2X ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
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  • OKTGAvsTSMGA

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  • LMTLCvsPANGA

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    Category
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    Expense ratio
    0.75% · 0.76%
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