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OKTG vs RDTL

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

GraniteShares 2x Long RDDT Daily ETF

RDTLDNasdaq

Overlap

0.0%by weight

Expense ratio

OKTG −1.20pt a year

OKTG0.75%RDTL1.95%

Avg volume · 30D

RDTL 21.0×the volume

OKTG38.5KRDTL808K

OKTG vs RDTL Performance

Dec 31, 2025 – Oct 30, 2026

+247.6%OKTG−92.8%RDTL

Dec 31, 2025 to Oct 30, 2026. OKTG +247.6%. RDTL −92.8%. Use the arrow keys to read each point.0%100%300%Dec 2025Jun 2026Oct 2026
Expense ratio
OKTG 0.75%, better
RDTL 1.95%
Fund size
OKTG $8M
RDTL $38M
1Y total return
OKTG No data
RDTL −92.0%
Holdings
OKTG 5
RDTL 2
Avg volume (30D)
OKTG 38.5K sh
RDTL 808K sh, better
NAV per share
OKTG $53.95
RDTL $8.79
52W range

ETF.net Grade

OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51. RDTL: Cost 0, Risk 32, Mission 85, Tradability 76, Holdings 44, Durability 76.
Pillar letters and Scores for OKTG, RDTL, with each pillar’s weight
PillarOKTGRDTL
Cost30% weightA70HigherF0
Mission25% weightA94HigherA85
Risk15% weightA76HigherD32
Tradability15% weightA73A76Higher
Holdings10% weightNot scoredC44
Durability5% weightC51A76Higher

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 RDTL 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 RDTL 275th 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 275DLITUT-REX 2X Long LITE Daily Target ETFScore 30
  6. Rank 275DRDTLGraniteShares 2x Long RDDT Daily ETFScore 30
  7. Rank 280DOKLLDaily Target 2X Long OKLO ETFScore 29

Our read on each fund

ETF.net Research

OKTGALeverage Shares 2x Long OKTA Daily ETF

RDTLDGraniteShares 2x Long RDDT 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.

RDTL One stock, one day. RDTL aims for twice Reddit's daily percentage move via derivatives, resetting every session, and the prospectus frames it as a short-term trading vehicle rather than a buy-and-hold Reddit position.

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.

RDTL The Fund seeks to deliver twice the daily percentage change of Reddit Inc. common stock before fees and expenses. It is intended as a short-term trading vehicle and is not designed to provide twice the cumulative return over periods longer than one 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.
  • RDTL The mandate is blunt: 2x the daily percentage change in RDDT, reset each session, written up as a short-term trading tool rather than a long-term holding.graniteshares.com
  • Fee is 1.50% net of a waiver through December 31, 2026, against a 2.44% gross, so the waiver is doing real work on the sticker price.
  • Actively traded, which counts for a product whose whole design life is measured in single sessions.
  • The leverage lives inside the fund: one ticker, no margin loan or options chain to manage yourself.graniteshares.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.
  • RDTL Hold longer than a day and compounding takes the wheel. Results track the path RDDT travels, and higher volatility pushes outcomes further from 2x.sec.gov
  • Cost sits above the category median, and cheaper 2x wrappers exist on other names: OKTG at 0.75%, TSMG at 0.76%, neither with a waiver attached.
  • Everything rides on one company. A single earnings print or platform headline is the entire story, doubled, with no diversification underneath.

Full OKTG profile⁠

Full RDTL profile⁠

OKTG vs RDTL Holdings

How OKTG and RDTL differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of OKTG and 0.0% of RDTL.

Level by level

  • Asset classEquity, Leveraged/Inverse0.0%
  • Holdings0 in both0.0%
  • Countryby domicile100%

Sector

No Sector split for OKTG.

Country, concentration and asset class

Country by domicile

Country weights in OKTG and RDTL, widest gap first
CountryMore in OKTGMore in RDTL
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • OKTG200.3%
  • RDTL100.0%

Securities held

  • OKTG1
  • RDTL1

Asset class

OKTG
Equity
RDTL
Leveraged/Inverse

Holdings

  • Only in OKTG1
  • In both0
  • Only in RDTL1

Only in OKTG

1 security, 0.3% of OKTG by weight

  • First American Treasury Obligations Fund 01/01/20400.32%

Only in RDTL

1 security, 66.7% of RDTL by weight

  • Rddt66.74%

Weight gaps

OKTG and RDTL share no securities.

All 6 OKTG holdings⁠All 2 RDTL 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 RDTL Cost

Overpaying RDTL vs OKTG

$17,799

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

  • OKTG 0.75%

    $14,482

  • RDTL 1.95%

    $32,281

$10,000
30 years

Cost over time

  • OKTG 0.75%
  • RDTL 1.95%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K$40K051015202530RDTL $32,281OKTG $14,482

Year by year

YearOKTGRDTLOverpaying
10$1,336$3,305$1,969
20$5,078$11,910$6,832
30$14,482$32,281$17,799

Expense ratio

  • 0.75%OKTG, cheaper
  • 1.95%RDTL
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 315 funds

RDTL 313th cheapest of 315 funds

OKTG vs RDTL Dividends

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

Distribution history

OKTGAll OKTG payments⁠

No distribution history available.

RDTLAll RDTL payments⁠

No distribution history available.

OKTG vs RDTL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
OKTG No dataRDTL 127.8%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
OKTG No dataRDTL −0.14since Apr 2025
Worst fallMax drawdown, 5 years
OKTG No dataRDTL −95.6%since Mar 2025
Market sensitivityBeta, 5 years
OKTG 2.39RDTL 3.18

Popular comparisons

  • OKTGAvsTSMGA

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

    Expense ratio
    0.75% · 0.76%
    Category
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  • RDTLDvsTSMGA

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  • OKTGAvsUNHGA

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    0.75% · 0.77%
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  • RDTLDvsUNHGA

    GraniteShares 2x Long RDDT Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    1.95% · 0.77%
    Category
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  • 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.

  • RDTLDvsPANGA

    GraniteShares 2x Long RDDT Daily ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    1.95% · 0.76%
    Category
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