OKTG vs. GII

Last updated Jun 24, 2026

OKTG (Leverage Shares 2X Long OKTA Daily ETF) and GII (SPDR S&P Global Infrastructure ETF) are both exchange-traded funds - OKTG is a Leveraged Equities fund actively managed by Leverage Shares, while GII is a Utilities Equities fund tracking the S&P Global Infrastructure. OKTG is actively managed, while GII is passively managed. At a correlation of -0.12, they often move in opposite directions. OKTG charges 0.75%/yr vs 0.40%/yr for GII.

Performance

OKTG vs. GII - Performance Comparison

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

Returns By Period

In the year-to-date period, OKTG achieves a 40.39% return, which is significantly higher than GII's 9.90% return.

OKTG

• 1D: 4.16%
• 1M: 48.25%
• YTD: 40.39%
• 6M: 31.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GII

• 1D: 0.41%
• 1M: 0.16%
• YTD: 9.90%
• 6M: 9.22%
• 1Y: 17.15%
• 3Y*: 16.92%
• 5Y*: 10.69%
• 10Y*: 8.74%

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

OKTG vs. GII - Yearly Performance Comparison

	2026 (YTD)	2025
OKTG Leverage Shares 2X Long OKTA Daily ETF	40.39%	5.90%
GII SPDR S&P Global Infrastructure ETF	9.90%	0.42%

Correlation

The correlation between OKTG and GII is -0.12, 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 17, 2025	-0.12

Return for Risk

OKTG vs. GII — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OKTG

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

GII

GII Risk / Return Rank: 54
GII Sharpe Ratio Rank: 51
GII Sortino Ratio Rank: 50
GII Omega Ratio Rank: 50
GII Calmar Ratio Rank: 65
GII Martin Ratio Rank: 53

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OKTG vs. GII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long OKTA Daily ETF (OKTG) and SPDR S&P Global Infrastructure ETF (GII). 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.

	OKTG	GII	Difference
Sharpe ratio: Return per unit of total volatility	—	1.59	—
Sortino ratio: Return per unit of downside risk	—	2.23	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	2.90	—
Martin ratio: Return relative to average drawdown	—	8.24	—

Drawdowns

OKTG vs. GII - Drawdown Comparison

The maximum OKTG drawdown since its inception was -60.69%, which is greater than GII's maximum drawdown of -50.98%. Use the drawdown chart below to compare losses from any high point for OKTG and GII.

Drawdown Indicators

	OKTG	GII	Difference
Max Drawdown Largest peak-to-trough decline	-60.69%	-50.98%	-9.71%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.94%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.31%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.67%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.84%	—
Current Drawdown Current decline from peak	-30.62%	-2.64%	-27.98%
Average Drawdown Average peak-to-trough decline	-24.17%	-11.49%	-12.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.09%	—

Volatility

Volatility by Period

	OKTG	GII	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.60%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.97%	—
Volatility (1Y) Calculated over the trailing 1-year period	133.51%	10.86%	+122.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	133.51%	14.09%	+119.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	133.51%	17.07%	+116.44%

OKTG vs. GII - Expense Ratio Comparison

OKTG has a 0.75% expense ratio, which is higher than GII's 0.40% expense ratio.

Dividends

OKTG vs. GII - Dividend Comparison

OKTG has not paid dividends to shareholders, while GII's dividend yield for the trailing twelve months is around 2.66%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GII SPDR S&P Global Infrastructure ETF	2.66%	3.17%	3.23%	3.70%	3.07%	2.37%	2.66%	3.39%	3.31%	3.38%	3.11%	3.54%
OKTG Leverage Shares 2X Long OKTA Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OKTG and GII in my portfolio?

OKTG and GII have a correlation of -0.12, 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 GII?

On fees, GII is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OKTG or GII?

GII is cheaper with a 0.40% expense ratio, compared with 0.75% for OKTG.

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

GII has the higher dividend yield at 2.66%, compared with 0.00% for OKTG.

What is the main difference between OKTG and GII?

OKTG is categorized as Leveraged Equities, while GII is Utilities Equities. They also come from different issuers: Leverage Shares and State Street. Their fees differ too: 0.75% for OKTG and 0.40% for GII.