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MUG vs OKTG

Leverage Shares 2x Long MU Daily ETF

MUG—Cboe

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

0.3%by weight

Expense ratio

OKTG −0.24pt a year

MUG0.99%OKTG0.75%

Avg volume · 30D

OKTG 1.01×the volume

MUG38.2KOKTG38.5K

MUG vs OKTG Performance

Sep 30, 2026 – Oct 30, 2026

−35.0%MUG−6.7%OKTG

Sep 30, 2026 to Oct 30, 2026. MUG −35.0%. OKTG −6.7%. Use the arrow keys to read each point.−20%0%10%20%Sep 30Oct 15Oct 30
Expense ratio
MUG 0.99%
OKTG 0.75%, better
Fund size
MUG $3M
OKTG $8M
Holdings
MUG 4
OKTG 5
Avg volume (30D)
MUG 38.2K sh
OKTG 38.5K sh, better
NAV per share
MUG $12.18
OKTG $53.95
52W range

ETF.net Grade

  • —MUGNot yet graded
OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51.
Pillar letters and Scores for MUG, OKTG, with each pillar’s weight
PillarMUGOKTG
Cost30% weightNot scoredA70
Mission25% weightNot scoredA94
Risk15% weightNot scoredA76
Tradability15% weightNot scoredA73
Holdings10% weightNot scoredNot scored
Durability5% weightNot scoredC51

Rank among Single-Stock Long Leveraged funds

How we build Categories ›

Single-Stock Long Leveraged⁠

Category · 315 funds
See all 315 ›

OKTG ranks 3rd 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. MUGNot yet graded

Our read on each fund

ETF.net Research

MUG—Leverage Shares 2x Long MU Daily ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

MUG No data

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

MUG No data

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

MUG No data

  • 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

MUG No data

  • 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 MUG profile⁠

Full OKTG profile⁠

MUG vs OKTG Holdings

How MUG and OKTG differ

Overlap by weight

0.3%

Shared holdings make up 13.8% of MUG and 0.3% of OKTG.

Level by level

  • Holdings1 in both0.3%
  • Asset classEquity100%
  • Countryby domicile100%

Sector

No Sector split for MUG and OKTG.

Country, concentration and asset class

Country by domicile

Country weights in MUG and OKTG, widest gap first
CountryMore in MUGMore in OKTG
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • MUG213.6%
  • OKTG200.3%

Securities held

  • MUG1
  • OKTG1

Asset class

MUG
Equity
OKTG
Equity

Holdings

  • Only in MUG0
  • In both1
  • Only in OKTG0

Only in MUG

0 securities, 0.0% of MUG by weight

Only in OKTG

0 securities, 0.0% of OKTG by weight

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in MUG and OKTG, widest gap first
HoldingMore in MUGMore in OKTG
First American Treasury Obligations Fund 01/01/2040MUG +13.49 points

All 4 MUG 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.

MUG vs OKTG Cost

Overpaying MUG vs OKTG

$4,043

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

  • MUG 0.99%

    $18,525

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • MUG 0.99%
  • 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$20K051015202530MUG $18,525OKTG $14,482

Year by year

YearMUGOKTGOverpaying
10$1,746$1,336$410
20$6,565$5,078$1,487
30$18,525$14,482$4,043

Expense ratio

  • 0.99%MUG
  • 0.75%OKTG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 315 funds

MUG 169th cheapest of 315 funds

MUG vs OKTG Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
MUG None
OKTG None

Distribution history

MUGAll MUG payments⁠

No distribution history available.

OKTGAll OKTG payments⁠

No distribution history available.

MUG vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
MUG 0.00OKTG 2.39

Popular comparisons

  • MUG—vsTSMGA

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    Expense ratio
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    Category
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  • OKTGAvsTSMGA

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  • MUG—vsUNHGA

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    Expense ratio
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    Category
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  • OKTGAvsUNHGA

    Leverage Shares 2x Long OKTA Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    0.75% · 0.77%
    Category
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  • MUG—vsPANGA

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    Expense ratio
    0.99% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • OKTGAvsPANGA

    Leverage Shares 2x Long OKTA Daily ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    0.75% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.