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OKTG vs SNOU

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

T-REX 2X Long SNOW Daily Target ETF

SNOUDCboe

Overlap

Expense ratio

OKTG −0.75pt a year

OKTG0.75%SNOU1.50%

Avg volume · 30D

SNOU 1.7×the volume

OKTG37.8KSNOU64.8K

OKTG vs SNOU Performance

Dec 31, 2025 – Nov 9, 2026

+144.2%OKTG+13.5%SNOU

Dec 31, 2025 to Nov 9, 2026. OKTG +144.2%. SNOU +13.5%. Use the arrow keys to read each point.200%300%Dec 2025Jun 2026Nov 2026
Expense ratio
OKTG 0.75%, better
SNOU 1.50%
Fund size
OKTG $5M
SNOU $14M
1Y total return
OKTG No data
SNOU −24.7%
Holdings
OKTG 6
SNOU 2
Avg volume (30D)
OKTG 37.8K sh
SNOU 64.8K sh, better
NAV per share
OKTG $34.20
SNOU $42.23
52W range

ETF.net Grade

OKTG: Cost 70, Risk 78, Mission 95, Tradability 69, Holdings not scored, Durability 50. SNOU: Cost 12, Risk 60, Mission not scored, Tradability 49, Holdings not scored, Durability 66.
Pillar letters and Scores for OKTG, SNOU, with each pillar’s weight
PillarOKTGSNOU
Cost30% weightA70HigherF12
Mission25% weightA95Not scored
Risk15% weightA78HigherB60
Tradability15% weightB69HigherC49
Holdings10% weightNot scoredNot scored
Durability5% weightC50B66Higher

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 SNOU are both graded against the same 312 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 312 funds
See all 312 ›

OKTG ranks 3rd and SNOU 268th of 312 funds in the Single-Stock Long Leveraged Category.

  1. Rank 1AUNHGLeverage Shares 2x Long UNH Daily ETFScore 74
  2. Rank 2ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
  3. Rank 3ACOTGLeverage Shares 2X Long COST Daily ETFScore 70
  4. Rank 3AOKTGLeverage Shares 2x Long OKTA Daily ETFScore 70
  5. Rank 3APANGLeverage Shares 2x Long PANW Daily ETFScore 70
  6. Rank 268DPATXTradr 2X Long PATH Daily ETFScore 35
  7. Rank 268DSNOUT-REX 2X Long SNOW Daily Target ETFScore 35
  8. Rank 273DPULGraniteShares 2x Long P Daily ETFScore 34

Our read on each fund

ETF.net Research

OKTGALeverage Shares 2x Long OKTA Daily ETF

SNOUDT-REX 2X Long SNOW 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.

SNOU 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.

SNOU 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.

SNOU 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.

SNOU No data

Full OKTG profile⁠

Full SNOU profile⁠

OKTG vs SNOU 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 SNOU Cost

Overpaying SNOU vs OKTG

$11,801

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

  • OKTG 0.75%

    $14,482

  • SNOU 1.50%

    $26,283

$10,000
30 years

Cost over time

  • OKTG 0.75%
  • SNOU 1.50%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530SNOU $26,283OKTG $14,482

Year by year

YearOKTGSNOUOverpaying
10$1,336$2,590$1,254
20$5,078$9,519$4,441
30$14,482$26,283$11,801

Expense ratio

  • 0.75%OKTG, cheaper
  • 1.50%SNOU
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 312 funds

SNOU 271st cheapest of 312 funds

OKTG vs SNOU Dividends

Last 12 months to Nov 9, 2026
Payout (12M)
OKTG None
SNOU No data
Last payment
OKTG No data
SNOU $2.49
Ex-dividend
OKTG No data
SNOU Dec 24, 2025
Paid on
OKTG No data
SNOU Dec 26, 2025
Frequency
OKTG No data
SNOU Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

OKTGAll OKTG payments⁠

No distribution history available.

SNOUIrregular · 1 paymentAll SNOU payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 24, 2025 $2.49. Use the arrow keys to read each point.$0$2.502026YTD

OKTG vs SNOU Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
OKTG No dataSNOU 197.8%since May 2025
Return per unit of riskSharpe ratio, 3 years
OKTG No dataSNOU 0.72since May 2025
Worst fallMax drawdown, 5 years
OKTG No dataSNOU −84.2%since Apr 2025
Market sensitivityBeta, 5 years
OKTG 2.39SNOU 6.00

OKTG and SNOU in the news

All news⁠

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