OKTG vs RDWU

OKTGALeverage Shares 2x Long OKTA Daily ETF

RDWUDT-REX 2X Long RDW Daily Target 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.

RDWU Leveraged single-stock funds mostly chase mega-cap tech. This one points 2x daily leverage at Redwire (RDW), an industrials name, and resets the exposure every single trading day.

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.

RDWU The fund seeks to provide 200% of RDW's daily performance, offering short-term leveraged exposure to the company.

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.

• RDWU One job, stated plainly: it aims to deliver 200% of RDW's daily performance. No options overlay, no income sleeve, no hedge to decode.
• Rare target. The leveraged single-stock shelf leans on mega-caps like GGLL, AAPU and AMDG; RDWU reaches into industrials instead.
• Built as a registered 1940 Act fund, not a bank-issued note, so the exposure sits inside a standard ETF wrapper.rexshares.com
• Trades actively for a fund with a small asset base, which matters when the whole point is getting in and out inside a session.

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.

• RDWU The 1.50% expense ratio runs above the roughly 1% typical of its peer group, and well above 0.75% rivals like UNHG and ASMG.
• Daily reset means the 2x math applies to one day at a time. Hold longer and compounding takes over, especially through choppy stretches.
• Young and small: launched in 2026, so there is little history, and doubling a single smaller company's swings is about as concentrated as it gets.

Full OKTG profile⁠

Full RDWU profile⁠