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NIOG vs OKTG

Leverage Shares 2x Long NIO Daily ETF

NIOGCNasdaq

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Overlap

Expense ratio

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

NIOG0.75%OKTG0.75%

Avg volume · 30D

NIOG 1.3×the volume

NIOG48.8KOKTG38.5K

NIOG vs OKTG Performance

Dec 31, 2025 – Nov 2, 2026

−71.2%NIOG+170.5%OKTG

Dec 31, 2025 to Nov 2, 2026. NIOG −71.2%. OKTG +170.5%. Use the arrow keys to read each point.0%100%300%Dec 2025Jun 2026Nov 2026
Expense ratio
NIOG 0.75%
OKTG 0.75%
Fund size
NIOG $3M
OKTG $8M
Holdings
NIOG 5
OKTG 6
Avg volume (30D)
NIOG 48.8K sh, better
OKTG 38.5K sh
NAV per share
NIOG $4.71
OKTG $53.95
52W range

ETF.net Grade

NIOG: Cost 70, Risk 45, Mission not scored, Tradability 41, Holdings not scored, Durability 46. OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51.
Pillar letters and Scores for NIOG, OKTG, with each pillar’s weight
PillarNIOGOKTG
Cost30% weightA70A70
Mission25% weightNot scoredA94
Risk15% weightC45A76Higher
Tradability15% weightC41A73Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC46C51Higher

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. NIOG 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 NIOG 123rd 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 123CNFXCorgi NFLX 2x Daily ETFScore 40
  6. Rank 123CNIOGLeverage Shares 2x Long NIO Daily ETFScore 40
  7. Rank 123CNOWXCorgi NOW 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

NIOGCLeverage Shares 2x Long NIO Daily ETF

OKTGALeverage Shares 2x Long OKTA Daily ETF

In short

NIOG 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

NIOG 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

NIOG 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

NIOG 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 NIOG profile⁠

Full OKTG profile⁠

NIOG 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.

NIOG vs OKTG Cost

Same expense ratio

$14,482

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

  • NIOG 0.75%

    $14,482

  • OKTG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • NIOG 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$15K051015202530NIOG $14,482OKTG $14,482

Year by year

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

Expense ratio

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

NIOG 87th cheapest of 315 funds

OKTG 87th cheapest of 315 funds

NIOG vs OKTG Dividends

Last 12 months to Nov 2, 2026
Payout (12M)
NIOG None
OKTG None

Distribution history

NIOGAll NIOG payments⁠

No distribution history available.

OKTGAll OKTG payments⁠

No distribution history available.

NIOG vs OKTG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
NIOG −1.81OKTG 2.39

Popular comparisons

  • NIOGCvsTSMGA

    Leverage Shares 2x Long NIO 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.

  • NIOGCvsUNHGA

    Leverage Shares 2x Long NIO 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.

  • NIOGCvsPANGA

    Leverage Shares 2x Long NIO 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.