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OKTG vs TEUP

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

T-REX 2X Long TE Daily Target ETF

TEUPFCboe

Overlap

Expense ratio

OKTG −0.75pt a year

OKTG0.75%TEUP1.50%

Avg volume · 30D

OKTG 1.7×the volume

OKTG38.5KTEUP22.7K

OKTG vs TEUP Performance

Jul 31, 2026 – Nov 2, 2026

+39.8%OKTG−71.9%TEUP

Jul 31, 2026 to Nov 2, 2026. OKTG +39.8%. TEUP −71.9%. Use the arrow keys to read each point.0%100%Jul 2026Sep 2026Nov 2026
Expense ratio
OKTG 0.75%, better
TEUP 1.50%
Fund size
OKTG $8M
TEUP $1M
Holdings
OKTG 6
TEUP 2
Avg volume (30D)
OKTG 38.5K sh, better
TEUP 22.7K sh
NAV per share
OKTG $53.95
TEUP $8.00
52W range

ETF.net Grade

OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51. TEUP: Cost 11, Risk 8, Mission not scored, Tradability 20, Holdings not scored, Durability 43.
Pillar letters and Scores for OKTG, TEUP, with each pillar’s weight
PillarOKTGTEUP
Cost30% weightA70HigherF11
Mission25% weightA94Not scored
Risk15% weightA76HigherF8
Tradability15% weightA73HigherF20
Holdings10% weightNot scoredNot scored
Durability5% weightC51HigherC43

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 TEUP 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 TEUP 307th 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 306FASUPT-REX 2X Long ASTS Daily Target ETFScore 15
  6. Rank 307FTEUPT-REX 2X Long TE Daily Target ETFScore 14
  7. FIXXNot yet graded
  8. FLELNot yet graded
  9. LITGNot yet graded
  10. MUGNot yet graded
  11. MXLLNot yet graded
  12. STLLNot yet graded
  13. STMXNot yet graded
  14. VIAGNot yet graded

Our read on each fund

ETF.net Research

OKTGALeverage Shares 2x Long OKTA Daily ETF

TEUPFT-REX 2X Long TE 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.

TEUP 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.

TEUP 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.

TEUP 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.

TEUP No data

Full OKTG profile⁠

Full TEUP profile⁠

OKTG vs TEUP 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 TEUP Cost

Overpaying TEUP vs OKTG

$11,801

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

  • OKTG 0.75%

    $14,482

  • TEUP 1.50%

    $26,283

$10,000
30 years

Cost over time

  • OKTG 0.75%
  • TEUP 1.50%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530TEUP $26,283OKTG $14,482

Year by year

YearOKTGTEUPOverpaying
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%TEUP
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 315 funds

TEUP 271st cheapest of 315 funds

OKTG vs TEUP Dividends

Last 12 months to Nov 2, 2026
Payout (12M)
OKTG None
TEUP None

Distribution history

OKTGAll OKTG payments⁠

No distribution history available.

TEUPAll TEUP payments⁠

No distribution history available.

OKTG vs TEUP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
OKTG 2.39TEUP 14.49

OKTG and TEUP in the news

All news⁠

Popular comparisons

  • OKTGAvsTSMGA

    Leverage Shares 2x Long OKTA Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    0.75% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TEUPFvsTSMGA

    T-REX 2X Long TE Daily Target ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    1.50% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • OKTGAvsUNHGA

    Leverage Shares 2x Long OKTA Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    0.75% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TEUPFvsUNHGA

    T-REX 2X Long TE Daily Target ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    1.50% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • OKTGAvsPANGA

    Leverage Shares 2x Long OKTA Daily ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    0.75% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TEUPFvsPANGA

    T-REX 2X Long TE Daily Target ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    1.50% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.