OKTG vs TXNU

OKTGALeverage Shares 2x Long OKTA Daily ETF

TXNUCDirexion Daily TXN Bull 2X 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.

TXNU Two-times daily exposure to Texas Instruments, the analog and embedded chip name rather than another AI accelerator. The leverage resets every day, which by design makes this a short-horizon tool.

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.

TXNU The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Texas Instruments Incorporated common shares.

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.

• TXNU Aims for 200% of Texas Instruments' daily share move, before fees and expenses. Leveraged exposure to the analog and embedded chip corner of semis, not the GPU crowd.direxion.com
• Costs 0.97% net of a waiver through September 1, 2027 (0.99% gross), landing near the median fee for leveraged single-stock funds.
• The leverage comes packaged in one ticker: no margin account to open, no options chain to navigate, no roll dates to track.direxion.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.

• TXNU Daily reset: hold past one day and returns compound off each close, so multi-day results can drift well away from 2x the stock's move, especially in choppy trading.direxion.com
• Cheaper 2x single-stock funds exist, such as OKTG at 0.75% and TSMG at 0.76%, both without waivers, though each references a different company.
• One company's news flow drives everything here, and light trading in smaller single-stock funds tends to show up as wider spreads.

Full OKTG profile⁠

Full TXNU profile⁠