MSFX vs OKTG

MSFXCT-Rex 2X Long Microsoft Daily Target ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

MSFX One job, done at double speed: MSFX aims for about twice Microsoft's daily move, then resets the clock every night. A 2024 T-Rex launch for traders who want geared MSFT in a plain brokerage account, measured in days rather than years.

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

MSFX The Fund seeks to deliver approximately twice the daily performance of Microsoft Corp.'s publicly traded common stock, before fees and expenses. Results over periods longer than one trading day may differ because of daily compounding.

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

• MSFX The mandate fits on a napkin: roughly twice Microsoft's daily move, before fees. No stock picking, no options overlay, no manager discretion.
• Since its January 2024 launch it has stayed close to that daily target, which puts it in the upper half of a crowded bullish single-stock leveraged field.
• Geared exposure inside a 1940 Act fund: no margin account, no borrowing, no margin call on the position, and it trades like any other ETF ticket.

• 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

• MSFX Daily reset means compounding. Hold longer than a day and results can drift from twice Microsoft's move over that stretch, with choppy tape widening the gap.
• The ride runs 1.05% a year, a notch above the peer midpoint and above the cheapest 2x single-stock lineups such as ASMG and AMDG.
• One company, doubled. A Microsoft earnings gap or headline lands here at twice the force, with no other holdings to soften it.

• 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 MSFX profile⁠

Full OKTG profile⁠