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OKTG vs PATX

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Tradr 2X Long PATH Daily ETF

PATXDCboe

Overlap

Expense ratio

OKTG −0.74pt a year

OKTG0.75%PATX1.49%

Avg volume · 30D

PATX 1.5×the volume

OKTG38.5KPATX59K

OKTG vs PATX Performance

Jul 31, 2026 – Oct 30, 2026

+79.7%OKTG+1.3%PATX

Jul 31, 2026 to Oct 30, 2026. OKTG +79.7%. PATX +1.3%. Use the arrow keys to read each point.−25%25%50%100%125%Jul 2026Sep 2026Oct 2026
Expense ratio
OKTG 0.75%, better
PATX 1.49%
Fund size
OKTG $8M
PATX $3M
Holdings
OKTG 5
PATX 2
Avg volume (30D)
OKTG 38.5K sh
PATX 59K sh, better
NAV per share
OKTG $53.95
PATX $10.34
52W range

ETF.net Grade

OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51. PATX: Cost 11, Risk 58, Mission 86, Tradability 55, Holdings not scored, Durability 49.
Pillar letters and Scores for OKTG, PATX, with each pillar’s weight
PillarOKTGPATX
Cost30% weightA70HigherF11
Mission25% weightA94HigherA86
Risk15% weightA76HigherB58
Tradability15% weightA73HigherB55
Holdings10% weightNot scoredNot scored
Durability5% weightC51HigherC49

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 PATX 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 PATX 264th 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 264DMRALGraniteShares 2x Long MARA Daily ETFScore 34
  6. Rank 264DPATXTradr 2X Long PATH Daily ETFScore 34
  7. Rank 264DSNDUT-REX 2X Long SNDK Daily Target ETFScore 34

Our read on each fund

ETF.net Research

OKTGALeverage Shares 2x Long OKTA Daily ETF

PATXDTradr 2X Long PATH 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.

PATX A one-day trade wrapper on UiPath: PATX aims to deliver two times PATH's daily move, then resets the next morning. Most single-stock leveraged funds chase mega-caps; this one points at an automation software name instead.

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.

PATX The Fund seeks daily investment results equal to two times the daily performance of UiPath, Inc. common shares and does not target that result for periods longer or shorter than one trading day.

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.
  • PATX One job, stated plainly: two times UiPath's daily performance, for a single trading day, and it has held close to that stated daily target.
  • Leverage on a stock the shelf mostly skips. Peers pile into mega-caps (AAPU on Apple, GGLL on Alphabet); this one points at UiPath.
  • Geared exposure inside a registered 1940 Act fund: no margin account, no options chain, and your downside is capped at what you put in.

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.
  • PATX The fee is 1.49% a year, above the roughly 1% median for 2x single-stock funds, and well above the 0.75% charged by peers like UNHG and ASMG.
  • Daily reset is the whole mechanism. Hold past one session and your result depends on the path PATH takes, not on two times its move over that stretch.
  • Young and small: launched in 2026, with a modest asset base and lighter trading than the shelf's biggest 2x names, so spreads and order size matter.

Full OKTG profile⁠

Full PATX profile⁠

OKTG vs PATX 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 PATX Cost

Overpaying PATX vs OKTG

$11,659

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

  • OKTG 0.75%

    $14,482

  • PATX 1.49%

    $26,141

$10,000
30 years

Cost over time

  • OKTG 0.75%
  • PATX 1.49%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530PATX $26,141OKTG $14,482

Year by year

YearOKTGPATXOverpaying
10$1,336$2,574$1,238
20$5,078$9,464$4,386
30$14,482$26,141$11,659

Expense ratio

  • 0.75%OKTG, cheaper
  • 1.49%PATX
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 315 funds

PATX 263rd cheapest of 315 funds

OKTG vs PATX Dividends

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

Distribution history

OKTGAll OKTG payments⁠

No distribution history available.

PATXAll PATX payments⁠

No distribution history available.

OKTG vs PATX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
OKTG 2.39PATX −0.09

Popular comparisons

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    Expense ratio
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