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MRVU vs OKTG

Direxion Daily MRVL Bull 2X ETF

MRVUBNasdaq

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

0.0%by weight

Expense ratio

OKTG −0.22pt a year

MRVU0.97%OKTG0.75%

Avg volume · 30D

MRVU 4.9×the volume

MRVU187KOKTG38.5K

MRVU vs OKTG Performance

Jul 31, 2026 – Nov 2, 2026

−32.1%MRVU+39.8%OKTG

Jul 31, 2026 to Nov 2, 2026. MRVU −32.1%. OKTG +39.8%. Use the arrow keys to read each point.0%75%100%125%Jul 2026Sep 2026Nov 2026
Expense ratio
MRVU 0.97%
OKTG 0.75%, better
Fund size
MRVU $66M
OKTG $8M
Holdings
MRVU 11
OKTG 6
Avg volume (30D)
MRVU 187K sh, better
OKTG 38.5K sh
NAV per share
MRVU $75.04
OKTG $53.95
52W range

ETF.net Grade

MRVU: Cost 54, Risk 59, Mission 95, Tradability 61, Holdings not scored, Durability 71. OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51.
Pillar letters and Scores for MRVU, OKTG, with each pillar’s weight
PillarMRVUOKTG
Cost30% weightC54A70Higher
Mission25% weightA95HigherA94
Risk15% weightB59A76Higher
Tradability15% weightB61A73Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA71HigherC51

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. MRVU 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 MRVU 54th 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 54BHUTGLeverage Shares 2X Long HUT Daily ETFScore 58
  6. Rank 54BMRVUDirexion Daily MRVL Bull 2X ETFScore 58
  7. Rank 57BCBRGLeverage Shares 2X Long CBRS Daily ETFScore 57

Our read on each fund

ETF.net Research

MRVUBDirexion Daily MRVL Bull 2X ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

MRVU 2x Marvell's daily move in a single ticker, from the house that built the daily leveraged ETF playbook. The fee runs 0.97% net of a waiver through September 1, 2027, undercutting the rival 2x Marvell fund.

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

MRVU The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Marvell Technology, Inc.'s 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

  • MRVU 0.97% net of a waiver through September 1, 2027 (0.99% gross). Near the category median, and far under MVLL at 1.50% net of a waiver through December 31, 2026 (2.52% gross).
  • Closely tracks its 200% daily target, one of the stronger implementations in the leveraged single-stock bull pack.
  • Geared MRVL exposure in one ticker: no margin account, no options chain, no financing leg to roll yourself.direxion.com
  • Moderately traded with a mid-size asset base, so retail-size orders are not fighting for air.
  • 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

  • MRVU Daily reset compounds. Direxion says the fund should not be expected to track MRVL over periods longer than one day, and it can lose money even if MRVL rises over a longer stretch.direxion.com
  • Everything rides on one data-infrastructure chipmaker. Marvell's earnings gaps and AI news flow land here at double speed.marvell.com
  • Launched February 2026, so the record is short, and the fee can step to the 0.99% gross rate once the waiver ends September 1, 2027.
  • 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 MRVU profile⁠

Full OKTG profile⁠

MRVU vs OKTG Holdings

How MRVU and OKTG differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of MRVU and 0.0% of OKTG.

Level by level

  • Holdings0 in both0.0%
  • Asset classEquity100%
  • Countryby domicile100%

Sector

No Sector split for MRVU and OKTG.

Country, concentration and asset class

Country by domicile

Country weights in MRVU and OKTG, widest gap first
CountryMore in MRVUMore in OKTG
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • MRVU99.8%
  • OKTG207.4%

Securities held

  • MRVU3
  • OKTG1

Asset class

MRVU
Equity
OKTG
Equity

Holdings

  • Only in MRVU3
  • In both0
  • Only in OKTG1

Only in MRVU

3 securities, 18.6% of MRVU by weight

  • Goldman Finl Sq Trsry Inst 50616.54%
  • Goldman Sachs Fin Gov 465 Institut1.71%
  • Marvell Technology Inc0.33%

Only in OKTG

1 security, 7.4% of OKTG by weight

  • First American Treasury Obligations Fund 01/01/20407.35%

Weight gaps

MRVU and OKTG share no securities.

All MRVU holdings⁠All 6 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.

MRVU vs OKTG Cost

Overpaying MRVU vs OKTG

$3,716

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

  • MRVU 0.97%

    $18,198

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • MRVU 0.97%
  • 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$20K051015202530MRVU $18,198OKTG $14,482

Year by year

YearMRVUOKTGOverpaying
10$1,712$1,336$376
20$6,443$5,078$1,365
30$18,198$14,482$3,716

Expense ratio

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

OKTG 87th cheapest of 315 funds

MRVU 156th cheapest of 315 funds

MRVU vs OKTG Dividends

Last 12 months to Nov 2, 2026
Payout (12M)
MRVU No data
OKTG None
Last payment
MRVU $0.38
OKTG No data
Ex-dividend
MRVU Sep 22, 2026
OKTG No data
Paid on
MRVU Sep 29, 2026
OKTG No data
Frequency
MRVU Quarterly
OKTG No data

Distribution history

Per share, 2026, same scale for both

MRVUQuarterly · 3 paymentsAll MRVU payments⁠
One bar per payment. 3 payments in 2026 YTD. Mar 24, 2026 $0.05; Jun 23, 2026 $0.35; Sep 22, 2026 $0.38. Use the arrow keys to read each point.$0$0.252026YTD
OKTGAll OKTG payments⁠

No distribution history available.

MRVU vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
MRVU 8.08OKTG 2.39

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