MUU vs OKTG

MUUBDirexion Daily MU Bull 2X ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

MUU Two ETFs offer 2x daily Micron. MUU is the cheaper one, and the one that actually trades. The mandate is 200% of Micron's daily share move before fees, with the leverage clock reset every morning.

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

MUU The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Micron 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

• MUU Same 2x daily Micron exposure as its only twin, MULL, at roughly a third of the cost: 1.01% versus 3.06%.
• The mandate fits on one line: 200% of Micron's daily share performance, before fees. One stock, one multiple, no manager discretion.direxion.com
• A multibillion-dollar fund and one of the busier tickers in the single-stock leverage aisle, which matters for a product built to be traded.
• Day to day it has tracked its 2x target tightly, one of the stronger implementations in a crowded leveraged cohort.

• 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

• MUU The 2x resets every morning. Hold longer and the result comes from compounded daily moves, which can drift well away from twice Micron's move over the stretch.
• One company's stock, doubled. There is nothing else in the basket to cushion a bad session.
• The 1.01% fee sits right at the median for leveraged single-stock funds: far under MULL, above the 0.75% charged by peers like UNHG and ASMG.

• 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 MUU profile⁠

Full OKTG profile⁠