OKTG vs PLU

OKTGALeverage Shares 2x Long OKTA Daily ETF

PLUDDaily Target 2X Long PL 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.

PLU The first 2X daily ETF on Planet Labs, the satellite outfit that photographs the whole Earth every day. It aims for twice PL's daily percentage move and resets at every close, one trading day at a time.

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.

PLU The Fund seeks daily investment results equal to two times the daily percentage change in Planet Labs PBC’s share price, before fees and expenses. It is designed for short-term use and does not target results over periods longer 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.

• PLU Packages 2X daily exposure to Planet Labs in plain ETF shares, so a geospatial-data trade needs no margin account and no options chain.nasdaq.com
• Does what it says on the tin: swaps sized to twice PL's daily percentage change, and the fund has tracked that one-day target closely since launch.defianceetfs.com
• Built in the standard 1940 Act ETF wrapper, so the position trades in an ordinary brokerage account through the day like any other share.defianceetfs.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.

• PLU The 1.42% fee sits above the category median and well above 2X single-stock peers like TSMG at 0.76% and OKTG at 0.75%.
• Daily reset means multi-day results depend on the path PL takes, not just the destination; choppy stretches can grind value down even if the stock round-trips.defianceetfs.com
• Young fund (2026 launch), small asset base, moderate trading volume, and a single small-cap reference: no diversification cushion here.

Full OKTG profile⁠

Full PLU profile⁠