BEX vs. OKTG

Last updated Jul 17, 2026

BEX (Tradr 2X Long BE Daily ETF) and OKTG (Leverage Shares 2X Long OKTA Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.30 correlation, their price movements are largely independent. BEX charges 1.30%/yr vs 0.75%/yr for OKTG.

Performance

BEX vs. OKTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long BE Daily ETF (BEX) and Leverage Shares 2X Long OKTA Daily ETF (OKTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BEX

• 1D: -27.34%
• 1M: -54.38%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

OKTG

• 1D: -4.61%
• 1M: 54.71%
• 6M: 88.98%
• YTD: 110.88%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BEX vs. OKTG - Yearly Performance Comparison

	2026 (YTD)
BEX Tradr 2X Long BE Daily ETF	-65.64%
OKTG Leverage Shares 2X Long OKTA Daily ETF	122.67%

Correlation

The correlation between BEX and OKTG is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	0.30

Return for Risk

BEX vs. OKTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long BE Daily ETF (BEX) and Leverage Shares 2X Long OKTA Daily ETF (OKTG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

BEX vs. OKTG - Drawdown Comparison

The maximum BEX drawdown since its inception was -69.03%, which is greater than OKTG's maximum drawdown of -60.69%. Use the drawdown chart below to compare losses from any high point for BEX and OKTG.

Drawdown Indicators

	BEX	OKTG	Difference
Max Drawdown Largest peak-to-trough decline	-69.03%	-60.69%	-8.34%
Current Drawdown Current decline from peak	-69.03%	-9.20%	-59.83%
Average Drawdown Average peak-to-trough decline	-31.93%	-22.77%	-9.16%

Volatility

Volatility by Period

	BEX	OKTG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	227.40%	133.12%	+94.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	227.40%	133.12%	+94.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	227.40%	133.12%	+94.28%

BEX vs. OKTG - Expense Ratio Comparison

BEX has a 1.30% expense ratio, which is higher than OKTG's 0.75% expense ratio.

Dividends

BEX vs. OKTG - Dividend Comparison

Neither BEX nor OKTG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BEX and OKTG in my portfolio?

BEX and OKTG have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BEX or OKTG?

On fees, OKTG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BEX or OKTG?

OKTG is cheaper with a 0.75% expense ratio, compared with 1.30% for BEX.

Which ETF pays a higher dividend yield, BEX or OKTG?

BEX and OKTG have nearly identical dividend yields, around 0.00%.

What is the main difference between BEX and OKTG?

They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.30% for BEX and 0.75% for OKTG.