OKTG vs SPOG

OKTGALeverage Shares 2x Long OKTA Daily ETF

SPOGCLeverage Shares 2x Long SPOT 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.

SPOG Two-times daily Spotify in a single ticker. The leveraged single-stock aisle is stacked with chipmakers and megacap tech; SPOG points that same daily-reset machinery at a music-streaming stock, for 0.75% a year.

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.

SPOG The fund seeks daily investment results, before fees and expenses, equal to 200% of the daily performance of Spotify Technology S.A. stock.

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.

• SPOG Delivers 200% of Spotify's daily move in an ordinary 1940 Act ETF. No margin account, no options chain, no borrow to arrange.leverageshares.com
• At 0.75% a year it comes in under the typical 2x single-stock fund, and matches Leverage Shares stablemates like ASMG and UNHG on price.
• Fills a gap on a crowded shelf: the biggest 2x single-stock funds track chips and megacap tech, not a subscription-streaming name like Spotify.

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.

• SPOG The 2x target resets daily. Hold past a day and your result follows the compounding path, so choppy stretches can drag while sustained trends amplify.
• One stock, doubled. Earnings night, a subscriber surprise, or a management shakeup lands twice as hard here as it does in SPOT shares.
• Launched in November 2025, so it is one of the newer tickets in this category, with a shorter trading record than the long-running megacap leveraged funds.

Full OKTG profile⁠

Full SPOG profile⁠