Skip to content
etf.net

NETG vs OKTG

Leverage Shares 2x Long NET Daily ETF

NETGBNasdaq

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

NETG0.75%OKTG0.75%

Avg volume · 30D

NETG 2.1×the volume

NETG80.9KOKTG38.5K

NETG vs OKTG Performance

Dec 31, 2025 – Oct 30, 2026

+16.2%NETG+247.6%OKTG

Dec 31, 2025 to Oct 30, 2026. NETG +16.2%. OKTG +247.6%. Use the arrow keys to read each point.100%200%300%Dec 2025Jun 2026Oct 2026
Expense ratio
NETG 0.75%
OKTG 0.75%
Fund size
NETG $5M
OKTG $8M
Holdings
NETG 4
OKTG 5
Avg volume (30D)
NETG 80.9K sh, better
OKTG 38.5K sh
NAV per share
NETG $14.86
OKTG $53.95
52W range

ETF.net Grade

NETG: Cost 70, Risk 70, Mission 91, Tradability 59, Holdings not scored, Durability 49. OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51.
Pillar letters and Scores for NETG, OKTG, with each pillar’s weight
PillarNETGOKTG
Cost30% weightA70A70
Mission25% weightA91A94Higher
Risk15% weightA70A76Higher
Tradability15% weightB59A73Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC49C51Higher

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. NETG 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 NETG 18th 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 18BKLAGLeverage Shares 2X Long KLAC Daily ETFScore 65
  6. Rank 18BNETGLeverage Shares 2x Long NET Daily ETFScore 65
  7. Rank 18BTERGLeverage Shares 2X Long TER Daily ETFScore 65

Our read on each fund

ETF.net Research

NETGBLeverage Shares 2x Long NET Daily ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

NETG Two times Cloudflare's daily move, priced at 0.75% a year. Leverage Shares got to this trade second and answered with the cheaper ticket, matching its house rate for 2x single-stock funds.

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

NETG The fund seeks daily investment results, before fees and expenses, equal to 200% of the daily performance of Cloudflare, Inc. stock (NET).

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

  • NETG 0.75% a year puts it under the typical 2x single-stock fee and matches Leverage Shares' house rate, below what Direxion charges on GGLL and AAPU.
  • Clean single-name mechanics: 200% of Cloudflare's daily move, before fees. No basket, no index, nothing else diluting the trade.leverageshares.com
  • Hits its stated 2x daily target closely, one of the tighter implementations in the leveraged single-stock group.
  • 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

  • NETG The leverage resets every day. Hold longer than a session and compounding pulls results away from 2x the stock's move, with choppy tape widening the gap.
  • One company, doubled. An earnings print or a Cloudflare outage headline moves the entire position, with no other holdings to absorb it.
  • Launched in November 2025 with a small asset base and no distributions, so it has less trading depth and track record behind it than entrenched funds.
  • 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 NETG profile⁠

Full OKTG profile⁠

NETG 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.

NETG vs OKTG Cost

Same expense ratio

$14,482

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

  • NETG 0.75%

    $14,482

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • NETG 0.75%
  • OKTG 0.75%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530NETG $14,482OKTG $14,482

Year by year

YearNETGOKTG
10$1,336$1,336
20$5,078$5,078
30$14,482$14,482

Expense ratio

  • 0.75%NETG
  • 0.75%OKTG
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

NETG 87th cheapest of 315 funds

OKTG 87th cheapest of 315 funds

NETG vs OKTG Dividends

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

Distribution history

NETGAll NETG payments⁠

No distribution history available.

OKTGAll OKTG payments⁠

No distribution history available.

NETG vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
NETG −1.67OKTG 2.39

Popular comparisons

  • NETGBvsTSMGA

    Leverage Shares 2x Long NET Daily ETF · Leverage Shares 2x Long TSM 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.

  • OKTGAvsTSMGA

    Leverage Shares 2x Long OKTA Daily ETF · Leverage Shares 2x Long TSM 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.

  • NETGBvsUNHGA

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

    Expense ratio
    0.75% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • OKTGAvsUNHGA

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

    Expense ratio
    0.75% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • NETGBvsPANGA

    Leverage Shares 2x Long NET 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.

  • 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.