OKTG vs. HUTG

Last updated Jun 4, 2026

OKTG (Leverage Shares 2X Long OKTA Daily ETF) and HUTG (Leverage Shares 2X Long HUT Daily ETF) are both Leveraged Equities funds from Leverage Shares. OKTG is actively managed, while HUTG is passively managed. At a 0.06 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

OKTG vs. HUTG - 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 HUT Daily ETF (HUTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

OKTG

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

HUTG

• 1D: -2.52%
• 1M: 150.46%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OKTG vs. HUTG - Yearly Performance Comparison

	2026 (YTD)
OKTG Leverage Shares 2X Long OKTA Daily ETF	35.21%
HUTG Leverage Shares 2X Long HUT Daily ETF	180.22%

Correlation

The correlation between OKTG and HUTG is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 14, 2026	0.06

Return for Risk

OKTG vs. HUTG - 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 HUT Daily ETF (HUTG). 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	HUTG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.33	6.18	-4.85

Drawdowns

OKTG vs. HUTG - Drawdown Comparison

The maximum OKTG drawdown since its inception was -60.69%, smaller than the maximum HUTG drawdown of -66.30%. Use the drawdown chart below to compare losses from any high point for OKTG and HUTG.

Drawdown Indicators

	OKTG	HUTG	Difference
Max Drawdown Largest peak-to-trough decline	-60.69%	-66.30%	+5.61%
Current Drawdown Current decline from peak	-21.91%	-2.52%	-19.39%
Average Drawdown Average peak-to-trough decline	-23.37%	-26.80%	+3.43%

Volatility

Volatility by Period

	OKTG	HUTG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	137.60%	220.40%	-82.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	137.60%	220.40%	-82.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	137.60%	220.40%	-82.80%

OKTG vs. HUTG - Expense Ratio Comparison

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

Dividends

OKTG vs. HUTG - Dividend Comparison

Neither OKTG nor HUTG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both OKTG and HUTG in my portfolio?

OKTG and HUTG have a correlation of 0.06, 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 HUTG?

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 HUTG?

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

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

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