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OKTG vs SNXX

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Tradr 2X Long SNDK Daily ETF

SNXXCCboe

Overlap

Expense ratio

OKTG −0.74pt a year

OKTG0.75%SNXX1.49%

Avg volume · 30D

SNXX 2001.2×the volume

OKTG38.5KSNXX77M

OKTG vs SNXX Performance

Jul 31, 2026 – Oct 30, 2026

+79.7%OKTG−27.4%SNXX

Jul 31, 2026 to Oct 30, 2026. OKTG +79.7%. SNXX −27.4%. Use the arrow keys to read each point.0%25%50%100%125%Jul 2026Sep 2026Oct 2026
Expense ratio
OKTG 0.75%, better
SNXX 1.49%
Fund size
OKTG $8M
SNXX $855M
Holdings
OKTG 5
SNXX 3
Avg volume (30D)
OKTG 38.5K sh
SNXX 77M sh, better
NAV per share
OKTG $53.95
SNXX $6.79
52W range

ETF.net Grade

OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51. SNXX: Cost 11, Risk 46, Mission 86, Tradability 90, Holdings not scored, Durability 68.
Pillar letters and Scores for OKTG, SNXX, with each pillar’s weight
PillarOKTGSNXX
Cost30% weightA70HigherF11
Mission25% weightA94HigherA86
Risk15% weightA76HigherC46
Tradability15% weightA73A90Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC51B68Higher

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 SNXX 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 SNXX 118th 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 118CMVLLGraniteShares 2x Long MRVL Daily ETFScore 41
  6. Rank 118CSNXXTradr 2X Long SNDK Daily ETFScore 41
  7. Rank 118CSOFXDaily Target 2X Long SOFI ETFScore 41

Our read on each fund

ETF.net Research

OKTGALeverage Shares 2x Long OKTA Daily ETF

SNXXCTradr 2X Long SNDK 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.

SNXX Tradr planted a 2x flag on Sandisk, the flash-memory maker spun out of Western Digital in 2025. It aims for two times SNDK's move over a single trading day, then resets overnight and starts fresh.

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.

SNXX SNXX seeks daily investment results equal to two times the daily performance of Sandisk Corp. common shares before fees and expenses; it does not target performance over a period longer than one trading 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.
  • SNXX The mandate is blunt: two times Sandisk's daily move before fees, with no claim on any stretch longer than one trading day.
  • Day to day, it has tracked its stated 2x target closely, which is the entire job of a daily-reset fund.
  • Tradr launched the first single-stock leveraged ETFs in 2022 and specializes in leverage on names bigger issuers skip. Sandisk fits that mold.prnewswire.com
  • A multi-billion-dollar fund that trades heavily, so shares generally change hands without much friction.

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.
  • SNXX At 1.49% a year it costs more than the typical single-stock leveraged fund, and 2x wrappers on mega-caps run cheaper (GGLL 0.96%, AMDG 0.75%).
  • Daily reset is math, not malice: over choppy multi-day stretches, returns can drift well away from 2x the stock's move for that period.
  • Launched in 2026, so the track record is thin, and all the risk rides on one NAND flash maker's news cycle.sandisk.com

Full OKTG profile⁠

Full SNXX profile⁠

OKTG vs SNXX 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 SNXX Cost

Overpaying SNXX vs OKTG

$11,659

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

  • OKTG 0.75%

    $14,482

  • SNXX 1.49%

    $26,141

$10,000
30 years

Cost over time

  • OKTG 0.75%
  • SNXX 1.49%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530SNXX $26,141OKTG $14,482

Year by year

YearOKTGSNXXOverpaying
10$1,336$2,574$1,238
20$5,078$9,464$4,386
30$14,482$26,141$11,659

Expense ratio

  • 0.75%OKTG, cheaper
  • 1.49%SNXX
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 315 funds

SNXX 263rd cheapest of 315 funds

OKTG vs SNXX Dividends

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

Distribution history

OKTGAll OKTG payments⁠

No distribution history available.

SNXXAll SNXX payments⁠

No distribution history available.

OKTG vs SNXX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
OKTG 2.39SNXX 0.00

OKTG and SNXX in the news

All news⁠

Popular comparisons

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  • OKTGAvsPANGA

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    Category
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