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LULG vs OKTG

Leverage Shares 2x Long LULU Daily ETF

LULGBNasdaq

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

LULG0.75%OKTG0.75%

Avg volume · 30D

LULG 12.6×the volume

LULG477KOKTG37.8K

LULG vs OKTG Performance

Dec 31, 2025 – Nov 9, 2026

−79.1%LULG+144.2%OKTG

Dec 31, 2025 to Nov 9, 2026. LULG −79.1%. OKTG +144.2%. Use the arrow keys to read each point.0%200%300%Dec 2025Jun 2026Nov 2026
Expense ratio
LULG 0.75%
OKTG 0.75%
Fund size
LULG $6M
OKTG $5M
1Y total return
LULG −68.6%
OKTG No data
Holdings
LULG 4
OKTG 6
Avg volume (30D)
LULG 477K sh, better
OKTG 37.8K sh
NAV per share
LULG $4.86
OKTG $34.20
52W range

ETF.net Grade

LULG: Cost 70, Risk 50, Mission 93, Tradability 74, Holdings not scored, Durability 52. OKTG: Cost 70, Risk 78, Mission 95, Tradability 69, Holdings not scored, Durability 50.
Pillar letters and Scores for LULG, OKTG, with each pillar’s weight
PillarLULGOKTG
Cost30% weightA70A70
Mission25% weightA93A95Higher
Risk15% weightC50A78Higher
Tradability15% weightA74HigherB69
Holdings10% weightNot scoredNot scored
Durability5% weightC52HigherC50

Rank among Single-Stock Long Leveraged funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. LULG and OKTG are both graded against the same 312 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 312 funds
See all 312 ›

OKTG ranks 3rd and LULG 21st of 312 funds in the Single-Stock Long Leveraged Category.

  1. Rank 1AUNHGLeverage Shares 2x Long UNH Daily ETFScore 74
  2. Rank 2ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
  3. Rank 3ACOTGLeverage Shares 2X Long COST Daily ETFScore 70
  4. Rank 3AOKTGLeverage Shares 2x Long OKTA Daily ETFScore 70
  5. Rank 3APANGLeverage Shares 2x Long PANW Daily ETFScore 70
  6. Rank 21BKLAGLeverage Shares 2X Long KLAC Daily ETFScore 64
  7. Rank 21BLULGLeverage Shares 2x Long LULU Daily ETFScore 64
  8. Rank 21BSNDGLeverage Shares 2X Long SNDK Daily ETFScore 64

Our read on each fund

ETF.net Research

LULGBLeverage Shares 2x Long LULU Daily ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

LULG Leveraged single-stock ETFs mostly chase megacap tech. LULG points the same machinery at lululemon, aiming for 200% of the stock's daily move, and charges 0.75% to do it.

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

LULG The fund seeks daily investment results equal to 200% of the daily performance of lululemon athletica inc stock, 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

  • LULG 0.75% a year, below the typical leveraged single-stock fund and under the 0.96% Direxion charges on 2x bull products like AAPU and GGLL.
  • The mandate is narrow and literal: 200% of lululemon's daily performance, before fees. No stock picking, no discretion, one job.leverageshares.com
  • It has hewed closely to that stated daily target, and stands among the stronger implementations in a crowded leveraged single-stock cohort.
  • Standard 1940 Act ETF wrapper, so the leverage arrives inside an ordinary brokerage account with no margin loan to service and no options to roll.leverageshares.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

  • LULG The 2x target resets daily. Hold past a session and compounding takes over, so multi-day results can drift well away from twice the stock's move.
  • Everything rides on one apparel retailer. An earnings miss or a guidance cut lands here at double strength, with no other holdings to soften it.
  • Launched in November 2025, so there is little history to judge it on, and it pays no distributions. Returns come from price alone.
  • 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 LULG profile⁠

Full OKTG profile⁠

LULG 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.

LULG vs OKTG Cost

Same expense ratio

$14,482

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

  • LULG 0.75%

    $14,482

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • LULG 0.75%
  • OKTG 0.75%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530LULG $14,482OKTG $14,482

Year by year

YearLULGOKTG
10$1,336$1,336
20$5,078$5,078
30$14,482$14,482

Expense ratio

  • 0.75%LULG
  • 0.75%OKTG
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

LULG 87th cheapest of 312 funds

OKTG 87th cheapest of 312 funds

LULG vs OKTG Dividends

Last 12 months to Nov 9, 2026
Payout (12M)
LULG None
OKTG None

Distribution history

LULGAll LULG payments⁠

No distribution history available.

OKTGAll OKTG payments⁠

No distribution history available.

LULG vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Worst fallMax drawdown, 5 years
LULG −86.7%since Nov 2025OKTG No data
Market sensitivityBeta, 5 years
LULG −0.28OKTG 2.39

LULG and OKTG in the news

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