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OKTG vs UNHU

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

Direxion Daily UNH Bull 2X ETF

UNHUCNYSE Arca

Overlap

Expense ratio

OKTG −0.22pt a year

OKTG0.75%UNHU0.97%

Avg volume · 30D

OKTG 7.0×the volume

OKTG37.8KUNHU5.44K

OKTG vs UNHU Performance

Aug 7, 2026 – Nov 9, 2026

+16.9%OKTG−7.4%UNHU

Aug 7, 2026 to Nov 9, 2026. OKTG +16.9%. UNHU −7.4%. Use the arrow keys to read each point.−25%50%75%100%125%Aug 2026Sep 2026Nov 2026
Expense ratio
OKTG 0.75%, better
UNHU 0.97%
Fund size
OKTG $5M
UNHU $4M
Holdings
OKTG 6
UNHU 8
Avg volume (30D)
OKTG 37.8K sh, better
UNHU 5.44K sh
NAV per share
OKTG $34.20
UNHU $47.13
52W range

ETF.net Grade

OKTG: Cost 70, Risk 78, Mission 95, Tradability 69, Holdings not scored, Durability 50. UNHU: Cost 56, Risk 96, Mission 78, Tradability 40, Holdings not scored, Durability 55.
Pillar letters and Scores for OKTG, UNHU, with each pillar’s weight
PillarOKTGUNHU
Cost30% weightA70HigherB56
Mission25% weightA95HigherA78
Risk15% weightA78A96Higher
Tradability15% weightB69HigherC40
Holdings10% weightNot scoredNot scored
Durability5% weightC50B55Higher

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 UNHU are both graded against the same 312 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 312 funds
See all 312 ›

OKTG ranks 3rd and UNHU 124th of 312 funds in the Single-Stock Long Leveraged Category.

  1. Rank 1AUNHGLeverage Shares 2x Long UNH Daily ETFScore 74
  2. Rank 2ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
  3. Rank 3ACOTGLeverage Shares 2X Long COST Daily ETFScore 70
  4. Rank 3AOKTGLeverage Shares 2x Long OKTA Daily ETFScore 70
  5. Rank 3APANGLeverage Shares 2x Long PANW Daily ETFScore 70
  6. Rank 124CUNCorgi UNH 2x Daily ETFScore 40
  7. Rank 124CUNHUDirexion Daily UNH Bull 2X ETFScore 40
  8. Rank 124CUPSCCorgi UPST 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

OKTGALeverage Shares 2x Long OKTA Daily ETF

UNHUCDirexion Daily UNH 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.

UNHU Two ETFs chase 2x a daily move in UnitedHealth; this is Direxion's. It targets 200% of UNH's daily return and resets each night. Fee: 0.97% net of a waiver through September 1, 2027, 0.99% gross.

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.

UNHU The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of UnitedHealth Group 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.
  • UNHU Narrow, legible mandate: 200% of UNH's move for one trading day, rebalanced nightly. No margin account, no broker loan, no maintenance calls to manage.direxion.com
  • Direxion is a long-running specialist in daily leveraged funds, and the one-day objective and nightly reset are spelled out in the fund's own fact sheet and prospectus.direxion.comsec.gov
  • Cost sits near the middle of the leveraged single-stock crowd: 0.97% net of a waiver through September 1, 2027, 0.99% gross.

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.
  • UNHU The daily reset is the whole machine. Hold past one session and compounding steers the result; a choppy stretch can leave the fund down even if UNH ends higher.sec.gov
  • The rival 2x UNH fund, UNHG, lists 0.77% with no waiver, so this is the pricier side of a two-fund matchup on the same stock.
  • One stock means none of the cushion of diversification, and this is a young, thinly traded fund, so bid-ask spreads are part of the real cost.direxion.com

Full OKTG profile⁠

Full UNHU profile⁠

OKTG vs UNHU 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 UNHU Cost

Overpaying UNHU vs OKTG

$3,716

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

  • OKTG 0.75%

    $14,482

  • UNHU 0.97%

    $18,198

$10,000
30 years

Cost over time

  • OKTG 0.75%
  • UNHU 0.97%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530UNHU $18,198OKTG $14,482

Year by year

YearOKTGUNHUOverpaying
10$1,336$1,712$376
20$5,078$6,443$1,365
30$14,482$18,198$3,716

Expense ratio

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

OKTG 87th cheapest of 312 funds

UNHU 156th cheapest of 312 funds

OKTG vs UNHU Dividends

Last 12 months to Nov 9, 2026
Payout (12M)
OKTG None
UNHU No data
Last payment
OKTG No data
UNHU $0.25
Ex-dividend
OKTG No data
UNHU Sep 22, 2026
Paid on
OKTG No data
UNHU Sep 29, 2026
Frequency
OKTG No data
UNHU Quarterly

Distribution history

Per share, 2026, same scale for both

OKTGAll OKTG payments⁠

No distribution history available.

UNHUQuarterly · 2 paymentsAll UNHU payments⁠
One bar per payment. 2 payments in 2026 YTD. Jun 23, 2026 $0.25; Sep 22, 2026 $0.25. Use the arrow keys to read each point.$0$0.252026YTD

OKTG vs UNHU Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
OKTG 2.39UNHU 6.38

Popular comparisons

  • 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.

  • UNHUCvsUNHGA

    Direxion Daily UNH Bull 2X ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    0.97% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • OKTGAvsTSMGA

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

    Expense ratio
    0.75% · 0.76%
    Category
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  • UNHUCvsTSMGA

    Direxion Daily UNH Bull 2X ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    0.97% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • OKTGAvsCOTGA

    Leverage Shares 2x Long OKTA Daily ETF · Leverage Shares 2X Long COST Daily ETF

    Expense ratio
    0.75% · 0.77%
    Category
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  • UNHUCvsCOTGA

    Direxion Daily UNH Bull 2X ETF · Leverage Shares 2X Long COST Daily ETF

    Expense ratio
    0.97% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.