OKTG vs ONDU

OKTGALeverage Shares 2x Long OKTA Daily ETF

ONDUFTradr 2X Long ONDS Daily ETF

In short

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.

ONDU Two times the daily move of Ondas Holdings, the drone and private-wireless small cap, in one ticker. Most single-stock leverage points at megacaps; this one takes aim at a name that already swings hard, then doubles it.

Stated mandate

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.

ONDU The fund seeks daily investment results, before fees and expenses, equal to two times the daily performance of Ondas Holdings Inc. common shares.

Why people hold it

• 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.

• ONDU Has tracked its stated two-times daily target on ONDS closely since its January 2026 launch.
• Geared ONDS exposure in one ticker: no margin account, no borrowing, no options chain to manage.tradretfs.com
• Rare target. Most 2x single-stock ETFs point at megacaps like AAPL and GOOGL; this one aims at a small-cap drone and private wireless supplier.tipranks.com

Worth knowing

• 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.

• ONDU At 1.49% it costs more than the typical geared single-stock fund, and more than ONDL, the other 2x ONDS ETF, at 1.31%.
• Leverage resets daily. Hold past a day and compounding takes over, so results can drift well away from 2x the stock's move, especially in choppy markets.tradretfs.com
• Young and small: it launched in 2026, and geared single-stock funds that stay modest in size can be closed or merged by the issuer.

Full OKTG profile⁠

Full ONDU profile⁠