METW vs OKTG

METWBRoundhill META WeeklyPay ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

METW Most leveraged single-stock funds reset daily. This one resets on the calendar week, targeting 120% of Meta's Friday-to-Friday total return, and pays shareholders weekly without selling a single call option.

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

METW METW seeks weekly distributions and calendar-week returns before fees and expenses equal to 1.2 times the calendar-week total return of Meta 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

• METW The reset is weekly, not daily. It targets 1.2 times Meta's calendar-week total return (Friday close to Friday close), so the compounding clock that drives 2x and 3x funds runs on a weekly cycle here.roundhillinvestments.com
• It pays weekly without writing options. The distribution comes from a proprietary formula tied to Meta's performance and implied volatility, so upside on the stock is not capped by a sold call.roundhillinvestments.comroundhillinvestments.com 2
• Leverage is dialed down: 1.2x, against the 2x standard of peers like TSMG and OKTG. Exposure runs through total return swaps plus actual Meta shares.roundhillinvestments.com
• Structurally, one of the stronger builds in a crowded leveraged single-stock field: an active fund that stays tight to the 1.2x weekly mandate it publishes.

• 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

• METW Hold past Friday and the math drifts. Weekly compounding means a multi-week or multi-month result can land well away from 1.2x Meta's move over the same stretch, especially after choppy weeks.roundhillinvestments.com
• Costs 1.00%, near the category median but above the cheapest 2x single-stock peers (OKTG at 0.75%, TSMG at 0.76%). No fee waiver in place.
• Launched in 2025 and still small and thinly traded, so the spread is worth watching at the point of trade.

• 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 METW profile⁠

Full OKTG profile⁠