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METU vs OKTG

Direxion Daily META Bull 2X ETF

METUBNasdaq

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

Expense ratio

OKTG −0.27pt a year

METU1.02%OKTG0.75%

Avg volume · 30D

METU 152.1×the volume

METU5.85MOKTG38.5K

METU vs OKTG Performance

Dec 31, 2025 – Oct 30, 2026

−31.5%METU+247.6%OKTG

Dec 31, 2025 to Oct 30, 2026. METU −31.5%. OKTG +247.6%. Use the arrow keys to read each point.100%200%300%Dec 2025Jun 2026Oct 2026
Expense ratio
METU 1.02%
OKTG 0.75%, better
Fund size
METU $373M
OKTG $8M
1Y total return
METU −31.1%
OKTG No data
Yield (12M)
METU 3.84%
OKTG No data
Holdings
METU 10
OKTG 5
Avg volume (30D)
METU 5.85M sh, better
OKTG 38.5K sh
NAV per share
METU $22.25
OKTG $53.95
52W range

ETF.net Grade

METU: Cost 44, Risk 71, Mission 100, Tradability 75, Holdings not scored, Durability 86. OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51.
Pillar letters and Scores for METU, OKTG, with each pillar’s weight
PillarMETUOKTG
Cost30% weightC44A70Higher
Mission25% weightA100HigherA94
Risk15% weightA71A76Higher
Tradability15% weightA75HigherA73
Holdings10% weightNot scoredNot scored
Durability5% weightA86HigherC51

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. METU 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 METU 37th 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 37BIREGLeverage Shares 2x Long IREN Daily ETFScore 60
  6. Rank 37BMETUDirexion Daily META Bull 2X ETFScore 60
  7. Rank 37CUNHUDirexion Daily UNH Bull 2X ETFScore 60

Our read on each fund

ETF.net Research

METUBDirexion Daily META Bull 2X ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

METU Meta Platforms at double speed: METU aims for 200% of the stock's daily move, then resets every night. It's one of only two US ETFs built on that trade, and one of the busiest names in the leveraged single-stock aisle.

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

METU The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Meta Platforms, Inc. common shares.

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

  • METU Clean mandate: 200% of Meta's daily move before fees, and it has tracked that target closely inside a cohort of 200-plus leveraged single-stock funds.direxion.com
  • Very actively traded, which keeps execution workable for a product designed to be entered and exited on short horizons.
  • At 1.02% a year it undercuts FBL, the other 2x META fund, and lands right at the typical fee for leveraged single-stock ETFs.
  • 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

  • METU The 2x target resets daily. Hold longer and compounding takes over, so a choppy stretch can leave results far from twice Meta's move for the period.direxion.com
  • One stock, no cushion. An earnings miss, an ad-market wobble or a regulatory headline at Meta lands with double force.
  • Launched in 2024, so the track record spans a short run of market conditions, and the 1.02% fee is steep next to plain index funds.
  • 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 METU profile⁠

Full OKTG profile⁠

METU 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.

METU vs OKTG Cost

Overpaying METU vs OKTG

$4,530

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

  • METU 1.02%

    $19,012

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • METU 1.02%
  • 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$20K051015202530METU $19,012OKTG $14,482

Year by year

YearMETUOKTGOverpaying
10$1,797$1,336$461
20$6,746$5,078$1,668
30$19,012$14,482$4,530

Expense ratio

  • 1.02%METU
  • 0.75%OKTG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 315 funds

METU 199th cheapest of 315 funds

METU vs OKTG Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
METU 3.84%
OKTG No data
Payout (12M)
METU $0.83
OKTG None
Last payment
METU $0.17
OKTG No data
Ex-dividend
METU Sep 22, 2026
OKTG No data
Paid on
METU Sep 29, 2026
OKTG No data
Frequency
METU Quarterly
OKTG No data

Distribution history

Per share, 2024 to 2026, same scale for both

METUQuarterly · 11 paymentsAll METU payments⁠
One bar per payment. 11 payments from 2024 to 2026 YTD. Jun 25, 2024 $0.02; Sep 24, 2024 $0.19; Dec 23, 2024 $0.26; Mar 25, 2025 $0.17; Jun 24, 2025 $0.25; Sep 23, 2025 $0.22; Dec 10, 2025 $0.11; Dec 23, 2025 $0.21; Mar 24, 2026 $0.19; Jun 23, 2026 $0.14; Sep 22, 2026 $0.17. Use the arrow keys to read each point.$0$0.252026YTD
OKTGAll OKTG payments⁠

No distribution history available.

METU vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
METU 73.1%since Jul 2024OKTG No data
Return per unit of riskSharpe ratio, 3 years
METU 0.17since Jul 2024OKTG No data
Worst fallMax drawdown, 5 years
METU −63.9%since Jun 2024OKTG No data
Market sensitivityBeta, 5 years
METU 3.23OKTG 2.39

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