OKTG ranks 3rd and MPWC 124th of 312 funds in the Single-Stock Long Leveraged Category.
MPWC vs OKTG
MPWC −0.30pt a year
0.45%0.75%
OKTG 67.7×the volume
55837.8K
MPWC vs OKTG Performance
−14.1%+16.9%
- MPWC 0.45%, better
- OKTG 0.75%
- MPWC $0
- OKTG $5M
- MPWC 1
- OKTG 6
- MPWC 558 sh
- OKTG 37.8K sh, better
- MPWC $16.83
- OKTG $34.20
ETF.net Grade
| Pillar | MPWC | OKTG |
|---|---|---|
| Cost | A88Higher | A70 |
| Mission | A95 | |
| Risk | A78 | A78 |
| Tradability | F18 | B69Higher |
| Holdings | ||
| Durability | F19 | C50Higher |
Rank among Single-Stock Long Leveraged funds
Same Category. MPWC and OKTG are both graded against the same 312 Single-Stock Long Leveraged funds, so their Grades compare head to head.
Our read on each fund
MPWCC
OKTGA
In short
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
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
Worth knowing
MPWC 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.
MPWC vs OKTG Cost
Overpaying OKTG vs MPWC
$5,441
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
MPWC 0.45%
$9,041
OKTG 0.75%
$14,482
Cost over time
Year by year
| Year | MPWC | OKTG | Overpaying |
|---|---|---|---|
| 10 | $812 | $1,336 | $524 |
| 20 | $3,128 | $5,078 | $1,950 |
| 30 | $9,041 | $14,482 | $5,441 |
- 0.45%MPWC, cheaper
- 0.75%OKTG
- Middle half of Single-Stock Long Leveraged funds
- Median 0.97%
MPWC 7th cheapest of 312 funds
OKTG 87th cheapest of 312 funds
MPWC vs OKTG Dividends
- MPWC None
- OKTG None
Distribution history
MPWC vs OKTG Risk
Fall from peak · 5 years
Risk facts
- Market sensitivity
- MPWC −4.23OKTG 2.39
Popular comparisons
- 0.45% · 0.77%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.75% · 0.77%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.45% · 0.76%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.75% · 0.76%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.45% · 0.77%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.75% · 0.77%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.