OKTG vs ORCU

OKTGALeverage Shares 2x Long OKTA Daily ETF

ORCUBDirexion Daily ORCL Bull 2X 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.

ORCU Two times Oracle's daily move, rebuilt with swaps every session. Direxion arrived second to this trade and came in cheaper: 0.97% net of a waiver through September 1, 2027, undercutting the only other 2x Oracle fund.

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.

ORCU The fund seeks daily investment results equal to 200% of the performance of Oracle Corporation common shares, before fees and expenses.

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.

• ORCU Fee is 0.97% net of a waiver through September 1, 2027 (0.99% gross), below ORCX's 1.31% for the same 2x Oracle trade and near the median for leveraged single-stock funds.
• Plain plumbing: at least 80% of net assets in Oracle shares and swaps built to deliver 200% of the stock's daily percentage move, before fees.direxion.com
• Has hit its stated 200% daily target closely since launch, among the tighter implementations in the leveraged single-stock group.
• Heavily traded for a young fund, and Direxion lists a 1X bear fund on the same stock (ORCS), so both sides of the Oracle trade sit under one roof.direxion.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.

• ORCU The 2x target resets daily. Hold longer than a day and returns compound off each new base, which can drift far from twice Oracle's move over the stretch, especially in choppy tape.direxion.com
• One company, double the swing. No diversification cushion here: an Oracle earnings night or guidance cut lands at twice the speed, in both directions.
• Launched in 2025, so the track record is short, and it pays distributions quarterly rather than monthly.

Full OKTG profile⁠

Full ORCU profile⁠