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OKTG vs PALU

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Direxion Daily PANW Bull 2X ETF

PALUBNasdaq

Overlap

Expense ratio

OKTG −0.33pt a year

OKTG0.75%PALU1.08%

Avg volume · 30D

PALU 3.0×the volume

OKTG38.5KPALU117K

OKTG vs PALU Performance

Dec 31, 2025 – Oct 30, 2026

+247.6%OKTG+188.3%PALU

Dec 31, 2025 to Oct 30, 2026. OKTG +247.6%. PALU +188.3%. Use the arrow keys to read each point.0%100%300%Dec 2025Jun 2026Oct 2026
Expense ratio
OKTG 0.75%, better
PALU 1.08%
Fund size
OKTG $8M
PALU $29M
1Y total return
OKTG No data
PALU +95.1%
Yield (12M)
OKTG No data
PALU 3.71%
Holdings
OKTG 5
PALU 11
Avg volume (30D)
OKTG 38.5K sh
PALU 117K sh, better
NAV per share
OKTG $53.95
PALU $55.40
52W range

ETF.net Grade

OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51. PALU: Cost 40, Risk 74, Mission 96, Tradability 64, Holdings not scored, Durability 77.
Pillar letters and Scores for OKTG, PALU, with each pillar’s weight
PillarOKTGPALU
Cost30% weightA70HigherC40
Mission25% weightA94A96Higher
Risk15% weightA76HigherA74
Tradability15% weightA73HigherB64
Holdings10% weightNot scoredNot scored
Durability5% weightC51A77Higher

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. OKTG and PALU 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 PALU 62nd 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 62BORCUDirexion Daily ORCL Bull 2X ETFScore 56
  6. Rank 62BPALUDirexion Daily PANW Bull 2X ETFScore 56
  7. Rank 62BUSGGLeverage Shares 2X Long USAR Daily ETFScore 56

Our read on each fund

ETF.net Research

OKTGALeverage Shares 2x Long OKTA Daily ETF

PALUBDirexion Daily PANW 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.

PALU Two-times daily exposure to Palo Alto Networks, the cybersecurity bellwether, from one of the original leveraged-ETF shops. Direxion listed it in 2025 next to a matching bear fund, so both sides of the PANW trade sit under one roof.

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.

PALU The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Palo Alto Networks 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.
  • PALU Aims for 200% of Palo Alto Networks' daily move, before fees and expenses, using swaps and options, so the leverage arrives without a margin account.direxion.com
  • Hews closely to that stated daily target, which places it among the stronger implementations in a crowded leveraged single-stock field.
  • Direxion launched a PANW bear fund on the same day in March 2025, so a trader can take either direction within one fund family and one set of documents.direxion.comdirexion.com 2

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.
  • PALU The leverage resets every day. Hold longer and results depend on the path PANW takes; choppy stretches can leave returns short of 2x the stock's move over the period.direxion.com
  • Costs 1.08% net of a waiver through September 1, 2027 (1.48% gross), above the category median. PANG targets the same stock at 0.76% with no waiver attached.
  • One company carries the whole fund. A single PANW earnings night lands with roughly double force, and there are no other holdings to soften it.

Full OKTG profile⁠

Full PALU profile⁠

OKTG vs PALU 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.

OKTG vs PALU Cost

Overpaying PALU vs OKTG

$5,492

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

  • OKTG 0.75%

    $14,482

  • PALU 1.08%

    $19,974

$10,000
30 years

Cost over time

  • OKTG 0.75%
  • PALU 1.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530PALU $19,974OKTG $14,482

Year by year

YearOKTGPALUOverpaying
10$1,336$1,898$562
20$5,078$7,106$2,028
30$14,482$19,974$5,492

Expense ratio

  • 0.75%OKTG, cheaper
  • 1.08%PALU
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 315 funds

PALU 218th cheapest of 315 funds

OKTG vs PALU Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
OKTG No data
PALU 3.71%
Payout (12M)
OKTG None
PALU $1.90
Last payment
OKTG No data
PALU $0.11
Ex-dividend
OKTG No data
PALU Sep 22, 2026
Paid on
OKTG No data
PALU Sep 29, 2026
Frequency
OKTG No data
PALU Quarterly

Distribution history

Per share, 2025 to 2026, same scale for both

OKTGAll OKTG payments⁠

No distribution history available.

PALUQuarterly · 7 paymentsAll PALU payments⁠
One bar per payment. 7 payments from 2025 to 2026 YTD. Jun 24, 2025 $0.12; Sep 23, 2025 $0.15; Dec 10, 2025 $1.49; Dec 23, 2025 $0.12; Mar 24, 2026 $0.06; Jun 23, 2026 $0.12; Sep 22, 2026 $0.11. Use the arrow keys to read each point.$0$12026YTD

OKTG vs PALU Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
OKTG No dataPALU 128.4%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
OKTG No dataPALU 0.92since Apr 2025
Worst fallMax drawdown, 5 years
OKTG No dataPALU −62.1%since Mar 2025
Market sensitivityBeta, 5 years
OKTG 2.39PALU 3.31

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