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OKTG vs VRTL

Leverage Shares 2x Long OKTA Daily ETF

OKTGANasdaq

GraniteShares 2x Long VRT Daily ETF

VRTLDNasdaq

Overlap

Expense ratio

OKTG −1.53pt a year

OKTG0.75%VRTL2.28%

Avg volume · 30D

VRTL 5.7×the volume

OKTG38.5KVRTL220K

OKTG vs VRTL Performance

Dec 31, 2025 – Oct 30, 2026

+247.6%OKTG+19.7%VRTL

Dec 31, 2025 to Oct 30, 2026. OKTG +247.6%. VRTL +19.7%. Use the arrow keys to read each point.100%200%300%Dec 2025Jun 2026Oct 2026
Expense ratio
OKTG 0.75%, better
VRTL 2.28%
Fund size
OKTG $8M
VRTL $43M
1Y total return
OKTG No data
VRTL −22.3%
Holdings
OKTG 5
VRTL 2
Avg volume (30D)
OKTG 38.5K sh
VRTL 220K sh, better
NAV per share
OKTG $53.95
VRTL $22.39
52W range

ETF.net Grade

OKTG: Cost 70, Risk 76, Mission 94, Tradability 73, Holdings not scored, Durability 51. VRTL: Cost 0, Risk 56, Mission 93, Tradability 69, Holdings not scored, Durability 76.
Pillar letters and Scores for OKTG, VRTL, with each pillar’s weight
PillarOKTGVRTL
Cost30% weightA70HigherF0
Mission25% weightA94HigherA93
Risk15% weightA76HigherB56
Tradability15% weightA73HigherB69
Holdings10% weightNot scoredNot scored
Durability5% weightC51A76Higher

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 VRTL 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 VRTL 264th 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 264DSNOUT-REX 2X Long SNOW Daily Target ETFScore 34
  6. Rank 264DVRTLGraniteShares 2x Long VRT Daily ETFScore 34
  7. Rank 270DINFHDefiance Daily Target 2X Long INFQ ETFScore 33

Our read on each fund

ETF.net Research

OKTGALeverage Shares 2x Long OKTA Daily ETF

VRTLDGraniteShares 2x Long VRT 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.

VRTL Vertiv sells the power gear and liquid cooling inside AI data centers. VRTL takes that one stock and gears it 2x, one session at a time, resetting daily. A trader's instrument by design, per its own fact sheet.

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.

VRTL The Fund seeks daily investment results, before fees and expenses, equal to two times the daily percentage change of Vertiv Holdings Co.'s common 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.
  • VRTL The underlying isn't a chip designer: Vertiv builds the UPS gear, power distribution and liquid cooling that keep data centers running. VRTL gears that picks-and-shovels name 2x.vertiv.com
  • Tight to its mandate: day over day it has tracked close to the 2x of VRT it advertises, which is the entire job of a daily leveraged fund.
  • No margin account or options approval needed. The 2x sits inside an ETF wrapper and GraniteShares resets the exposure every session.graniteshares.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.
  • VRTL Daily reset math: GraniteShares states the fund should not be expected to deliver 2x VRT's cumulative return over periods longer than a day.graniteshares.com
  • Above the category norm on cost: 1.50% net of a waiver through December 31, 2026, versus 3.83% gross. Peers TSMG (0.76%) and OKTG (0.75%) charge less, no waiver.
  • One stock, one story: an earnings night moves VRTL at double speed, and with a 2025 launch there's a short record behind it.

Full OKTG profile⁠

Full VRTL profile⁠

OKTG vs VRTL 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 VRTL Cost

Overpaying VRTL vs OKTG

$21,748

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

  • OKTG 0.75%

    $14,482

  • VRTL 2.28%

    $36,230

$10,000
30 years

Cost over time

  • OKTG 0.75%
  • VRTL 2.28%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K$40K051015202530VRTL $36,230OKTG $14,482

Year by year

YearOKTGVRTLOverpaying
10$1,336$3,812$2,476
20$5,078$13,544$8,466
30$14,482$36,230$21,748

Expense ratio

  • 0.75%OKTG, cheaper
  • 2.28%VRTL
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

OKTG 87th cheapest of 315 funds

VRTL 315th cheapest of 315 funds

OKTG vs VRTL Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
OKTG None
VRTL None

Distribution history

OKTGAll OKTG payments⁠

No distribution history available.

VRTLAll VRTL payments⁠

No distribution history available.

OKTG vs VRTL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
OKTG No dataVRTL 122.5%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
OKTG No dataVRTL 1.27since Apr 2025
Worst fallMax drawdown, 5 years
OKTG No dataVRTL −80.2%since Mar 2025
Market sensitivityBeta, 5 years
OKTG 2.39VRTL 4.78

Popular comparisons

  • 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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  • VRTLDvsTSMGA

    GraniteShares 2x Long VRT Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    2.28% · 0.76%
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  • OKTGAvsUNHGA

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

    Expense ratio
    0.75% · 0.77%
    Category
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  • VRTLDvsUNHGA

    GraniteShares 2x Long VRT Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    2.28% · 0.77%
    Category
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  • OKTGAvsPANGA

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

    Expense ratio
    0.75% · 0.76%
    Category
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  • VRTLDvsPANGA

    GraniteShares 2x Long VRT Daily ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    2.28% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.