OKTG ranks 3rd and PUR 111th of 315 funds in the Single-Stock Long Leveraged Category.
OKTG vs PUR
OKTG −0.56pt a year
0.75%1.31%
PUR 3.0×the volume
38.5K117K
OKTG vs PUR Performance
+79.7%+111.0%
- OKTG 0.75%, better
- PUR 1.31%
- OKTG $8M
- PUR $6M
- OKTG 5
- PUR 7
- OKTG 38.5K sh
- PUR 117K sh, better
- OKTG $53.95
- PUR $22.95
ETF.net Grade
| Pillar | OKTG | PUR |
|---|---|---|
| Cost | A70Higher | D25 |
| Mission | A94 | |
| Risk | A76Higher | B66 |
| Tradability | A73Higher | B55 |
| Holdings | ||
| Durability | C51Higher | C45 |
Rank among Single-Stock Long Leveraged funds
Same Category. OKTG and PUR are both graded against the same 315 Single-Stock Long Leveraged funds, so their Grades compare head to head.
Our read on each fund
OKTGA
PURC
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.
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.
Why people hold it
Worth knowing
OKTG vs PUR 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 PUR Cost
Overpaying PUR vs OKTG
$9,037
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
OKTG 0.75%
$14,482
PUR 1.31%
$23,519
Cost over time
Year by year
| Year | OKTG | PUR | Overpaying |
|---|---|---|---|
| 10 | $1,336 | $2,280 | $944 |
| 20 | $5,078 | $8,450 | $3,372 |
| 30 | $14,482 | $23,519 | $9,037 |
- 0.75%OKTG, cheaper
- 1.31%PUR
- Middle half of Single-Stock Long Leveraged funds
- Median 0.97%
OKTG 87th cheapest of 315 funds
PUR 236th cheapest of 315 funds
OKTG vs PUR Dividends
- OKTG None
- PUR None
Distribution history
OKTG vs PUR Risk
Fall from peak · 5 years
Risk facts
- Market sensitivity
- OKTG 2.39PUR 0.00
Popular comparisons
- 0.75% · 0.76%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 1.31% · 0.76%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.75% · 0.77%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 1.31% · 0.77%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.75% · 0.76%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 1.31% · 0.76%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.