OKTG vs TERG

OKTGALeverage Shares 2x Long OKTA Daily ETF

TERGBLeverage Shares 2X Long TER 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.

TERG Two times Teradyne's daily move in one ticker. TERG prices at 0.75%, under the norm for single-stock leverage, and it resets exposure every day, which makes it a short-horizon instrument by design.

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.

TERG The fund seeks daily investment results equal to 200% of the daily performance of Teradyne, Inc. stock, before fees and expenses.

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.

• TERG 0.75% a year, versus the roughly 1% that is typical across 2x single-stock ETFs. Cost is one of the few variables you actually control inside a leveraged wrapper.leverageshares.com
• Stated goal is clean and measurable: 200% of Teradyne's daily performance before fees. On delivering that mandate it sits in the top slice of a crowded 2x single-stock field.leverageshares.com
• A registered 1940 Act ETF, so the leverage arrives in an ordinary brokerage ticket. No margin agreement, no options chain, no positions to roll.leverageshares.com

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.

• TERG The 2x target applies to a single trading day. Over longer stretches, daily resets and volatility can pull results well away from twice Teradyne's move.
• One company, doubled. An earnings surprise or guidance cut at Teradyne lands twice as hard, and there is nothing else inside the fund to cushion it.
• Launched in November 2025, so the record is short, and trading is moderate rather than heavy, which can mean wider spreads than the biggest 2x single-stock names.

Full OKTG profile⁠

Full TERG profile⁠