OKTG vs. COTG

Last updated Jun 4, 2026

OKTG (Leverage Shares 2X Long OKTA Daily ETF) and COTG (Leverage Shares 2X Long COST Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. At a correlation of -0.11, they often move in opposite directions. Both charge a 0.75% expense ratio.

Performance

OKTG vs. COTG - Performance Comparison

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

Returns By Period

In the year-to-date period, OKTG achieves a 58.00% return, which is significantly higher than COTG's 17.32% return.

OKTG

• 1D: -16.25%
• 1M: 133.83%
• YTD: 58.00%
• 6M: 55.91%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

COTG

• 1D: 1.39%
• 1M: -11.21%
• YTD: 17.32%
• 6M: 1.51%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OKTG vs. COTG - Yearly Performance Comparison

	2026 (YTD)	2025
OKTG Leverage Shares 2X Long OKTA Daily ETF	58.00%	10.38%
COTG Leverage Shares 2X Long COST Daily ETF	17.32%	-12.30%

Correlation

The correlation between OKTG and COTG is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	-0.11

Return for Risk

OKTG vs. COTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long OKTA Daily ETF (OKTG) and Leverage Shares 2X Long COST Daily ETF (COTG). 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.

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

Sharpe Ratios by Period

	OKTG	COTG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.33	-0.28	+1.61

Drawdowns

OKTG vs. COTG - Drawdown Comparison

The maximum OKTG drawdown since its inception was -60.69%, which is greater than COTG's maximum drawdown of -25.69%. Use the drawdown chart below to compare losses from any high point for OKTG and COTG.

Drawdown Indicators

	OKTG	COTG	Difference
Max Drawdown Largest peak-to-trough decline	-60.69%	-25.69%	-35.00%
Current Drawdown Current decline from peak	-21.91%	-23.48%	+1.57%
Average Drawdown Average peak-to-trough decline	-23.37%	-8.35%	-15.02%

Volatility

Volatility by Period

	OKTG	COTG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	137.60%	40.65%	+96.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	137.60%	40.65%	+96.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	137.60%	40.65%	+96.95%

OKTG vs. COTG - Expense Ratio Comparison

Both OKTG and COTG have an expense ratio of 0.75%.

Dividends

OKTG vs. COTG - Dividend Comparison

Neither OKTG nor COTG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both OKTG and COTG in my portfolio?

OKTG and COTG have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, OKTG or COTG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OKTG or COTG?

OKTG and COTG have the same expense ratio: 0.75% per year.

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

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