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OKTG vs SHPU

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Direxion Daily SHOP Bull 2X ETF

SHPUCNasdaq

Overlap

Expense ratio

OKTG −0.34pt a year

OKTG0.75%SHPU1.09%

Avg volume · 30D

SHPU 3.1×the volume

OKTG38.5KSHPU119K

OKTG vs SHPU Performance

Dec 31, 2025 – Oct 30, 2026

+247.6%OKTG−36.2%SHPU

Dec 31, 2025 to Oct 30, 2026. OKTG +247.6%. SHPU −36.2%. Use the arrow keys to read each point.100%200%300%Dec 2025Jun 2026Oct 2026
Expense ratio
OKTG 0.75%, better
SHPU 1.09%
Fund size
OKTG $8M
SHPU $13M
1Y total return
OKTG No data
SHPU −48.2%
Yield (12M)
OKTG No data
SHPU 32.41%
Holdings
OKTG 5
SHPU 10
Avg volume (30D)
OKTG 38.5K sh
SHPU 119K sh, better
NAV per share
OKTG $53.95
SHPU $20.64
52W range

ETF.net Grade

OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51. SHPU: Cost 39, Risk 55, Mission not scored, Tradability 59, Holdings not scored, Durability 70.
Pillar letters and Scores for OKTG, SHPU, with each pillar’s weight
PillarOKTGSHPU
Cost30% weightA70HigherD39
Mission25% weightA94Not scored
Risk15% weightA76HigherB55
Tradability15% weightA73HigherB59
Holdings10% weightNot scoredNot scored
Durability5% weightC51A70Higher

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 SHPU 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 SHPU 89th 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 89CRVNLGraniteShares 2x Long RIVN Daily ETFScore 49
  6. Rank 89CSHPUDirexion Daily SHOP Bull 2X ETFScore 49
  7. Rank 89CSMCXDaily Target 2X Long SMCI ETFScore 49

Our read on each fund

ETF.net Research

OKTGALeverage Shares 2x Long OKTA Daily ETF

SHPUCDirexion Daily SHOP Bull 2X 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.

SHPU 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.

SHPU 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.

SHPU 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.

SHPU No data

Full OKTG profile⁠

Full SHPU profile⁠

OKTG vs SHPU 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 SHPU Cost

Overpaying SHPU vs OKTG

$5,651

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

  • OKTG 0.75%

    $14,482

  • SHPU 1.09%

    $20,133

$10,000
30 years

Cost over time

  • OKTG 0.75%
  • SHPU 1.09%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530SHPU $20,133OKTG $14,482

Year by year

YearOKTGSHPUOverpaying
10$1,336$1,915$579
20$5,078$7,166$2,088
30$14,482$20,133$5,651

Expense ratio

  • 0.75%OKTG, cheaper
  • 1.09%SHPU
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 315 funds

SHPU 219th cheapest of 315 funds

OKTG vs SHPU Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
OKTG No data
SHPU 32.41%
Payout (12M)
OKTG None
SHPU $5.94
Last payment
OKTG No data
SHPU $0.06
Ex-dividend
OKTG No data
SHPU Sep 22, 2026
Paid on
OKTG No data
SHPU Sep 29, 2026
Frequency
OKTG No data
SHPU Quarterly

Distribution history

Per share, 2025 to 2026, same scale for both

OKTGAll OKTG payments⁠

No distribution history available.

SHPUQuarterly · 6 paymentsAll SHPU payments⁠
One bar per payment. 6 payments from 2025 to 2026 YTD. Sep 23, 2025 $0.11; Dec 10, 2025 $5.56; Dec 23, 2025 $0.18; Mar 24, 2026 $0.08; Jun 23, 2026 $0.06; Sep 22, 2026 $0.06. Use the arrow keys to read each point.$0$52026YTD

OKTG vs SHPU Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
OKTG No dataSHPU 76.5%since Sep 2025
Return per unit of riskSharpe ratio, 3 years
OKTG No dataSHPU −0.04since Sep 2025
Worst fallMax drawdown, 5 years
OKTG No dataSHPU −78.4%since Aug 2025
Market sensitivityBeta, 5 years
OKTG 2.39SHPU 1.51

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