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OKTG vs PUR

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Defiance Daily Target 2X Long PURR ETF

PURCNasdaq

Overlap

Expense ratio

OKTG −0.56pt a year

OKTG0.75%PUR1.31%

Avg volume · 30D

PUR 3.0×the volume

OKTG38.5KPUR117K

OKTG vs PUR Performance

Jul 31, 2026 – Oct 30, 2026

+79.7%OKTG+111.0%PUR

Jul 31, 2026 to Oct 30, 2026. OKTG +79.7%. PUR +111.0%. Use the arrow keys to read each point.0%150%200%250%300%Jul 2026Sep 2026Oct 2026
Expense ratio
OKTG 0.75%, better
PUR 1.31%
Fund size
OKTG $8M
PUR $6M
Holdings
OKTG 5
PUR 7
Avg volume (30D)
OKTG 38.5K sh
PUR 117K sh, better
NAV per share
OKTG $53.95
PUR $22.95
52W range

ETF.net Grade

OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51. PUR: Cost 25, Risk 66, Mission not scored, Tradability 55, Holdings not scored, Durability 45.
Pillar letters and Scores for OKTG, PUR, with each pillar’s weight
PillarOKTGPUR
Cost30% weightA70HigherD25
Mission25% weightA94Not scored
Risk15% weightA76HigherB66
Tradability15% weightA73HigherB55
Holdings10% weightNot scoredNot scored
Durability5% weightC51HigherC45

Rank among Single-Stock Long Leveraged funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. OKTG and PUR 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 PUR 111th 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 111CLITXTradr 2X Long LITE Daily ETFScore 43
  6. Rank 111CPURDefiance Daily Target 2X Long PURR ETFScore 43
  7. Rank 111CQCMLGraniteShares 2x Long QCOM Daily ETFScore 43

Our read on each fund

ETF.net Research

OKTGALeverage Shares 2x Long OKTA Daily ETF

PURCDefiance Daily Target 2X Long PURR 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.

PUR No data

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.

PUR No data

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.

PUR No data

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.

PUR No data

Full OKTG profile⁠

Full PUR profile⁠

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

$10,000
30 years

Cost over time

  • OKTG 0.75%
  • PUR 1.31%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530PUR $23,519OKTG $14,482

Year by year

YearOKTGPUROverpaying
10$1,336$2,280$944
20$5,078$8,450$3,372
30$14,482$23,519$9,037

Expense ratio

  • 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

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

Distribution history

OKTGAll OKTG payments⁠

No distribution history available.

PURAll PUR payments⁠

No distribution history available.

OKTG vs PUR Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
OKTG 2.39PUR 0.00

Popular comparisons

  • OKTGAvsTSMGA

    Leverage Shares 2x Long OKTA Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    0.75% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • PURCvsTSMGA

    Defiance Daily Target 2X Long PURR ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    1.31% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • OKTGAvsUNHGA

    Leverage Shares 2x Long OKTA Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    0.75% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • PURCvsUNHGA

    Defiance Daily Target 2X Long PURR ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    1.31% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • OKTGAvsPANGA

    Leverage Shares 2x Long OKTA Daily ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    0.75% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • PURCvsPANGA

    Defiance Daily Target 2X Long PURR ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    1.31% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.