OKTG vs. NFLU

Last updated Aug 2, 2026

OKTG (Leverage Shares 2X Long OKTA Daily ETF) and NFLU (T-REX 2X Long Netflix Daily Target ETF) are both Leveraged Equities funds. Both are actively managed. Their 0.03 correlation means their historical movements had little consistent relationship. OKTG charges 0.75%/yr vs 1.05%/yr for NFLU.

Performance

OKTG vs. NFLU - Performance Comparison

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

Returns By Period

In the year-to-date period, OKTG achieves a 93.46% return, which is significantly higher than NFLU's -50.09% return.

OKTG

• 1D: 2.20%
• 1M: -2.49%
• 6M: 107.76%
• YTD: 93.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

NFLU

• 1D: -4.37%
• 1M: -16.63%
• 6M: -36.31%
• YTD: -50.09%
• 1Y: -70.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -20.46%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NFLU T-REX 2X Long Netflix Daily Target ETF	$3.54M	$5.25M	$4.46M
OKTG Leverage Shares 2X Long OKTA Daily ETF	$268.28K	$488.97K	$1.00M

OKTG vs. NFLU - Yearly Performance Comparison

	2026 (YTD)	2025
OKTG Leverage Shares 2X Long OKTA Daily ETF	93.46%	5.90%
NFLU T-REX 2X Long Netflix Daily Target ETF	-50.09%	-31.05%

Correlation

The correlation between OKTG and NFLU is 0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025	0.03

Return for Risk

OKTG vs. NFLU — Risk / Return Rank

Compare historical risk-adjusted metric ranks 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.

NFLU

NFLU Risk / Return Rank: 1
NFLU Sharpe Ratio Rank: 1
NFLU Sortino Ratio Rank: 1
NFLU Omega Ratio Rank: 1
NFLU Calmar Ratio Rank: 1
NFLU Martin Ratio Rank: 1

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

OKTG vs. NFLU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long OKTA Daily ETF (OKTG) and T-REX 2X Long Netflix Daily Target ETF (NFLU). 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	NFLU	Difference
Sharpe ratio: Return per unit of total volatility	—	-1.01	—
Sortino ratio: Return per unit of downside risk	—	-1.82	—
Omega ratio: Gain probability vs. loss probability	—	0.77	—
Calmar ratio: Return relative to maximum drawdown	—	-0.91	—
Martin ratio: Return relative to average drawdown	—	-1.44	—

Drawdowns

OKTG vs. NFLU - Drawdown Comparison

The maximum OKTG drawdown since its inception was -60.69%, smaller than the maximum NFLU drawdown of -80.45%. Use the drawdown chart below to compare losses from any high point for OKTG and NFLU.

Drawdown Indicators

	OKTG	NFLU	Difference
Max Drawdown Largest peak-to-trough decline	-60.69%	-80.45%	+19.76%
Max Drawdown (1Y) Largest decline over 1 year	—	-77.14%	—
Current Drawdown Current decline from peak	-16.69%	-78.21%	+61.52%
Average Drawdown Average peak-to-trough decline	-22.50%	-32.00%	+9.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	48.81%	—

Volatility

Volatility by Period

	OKTG	NFLU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	23.16%	—
Volatility (6M) Calculated over the trailing 6-month period	—	55.99%	—
Volatility (1Y) Calculated over the trailing 1-year period	130.11%	69.89%	+60.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	130.11%	69.64%	+60.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	130.11%	69.64%	+60.47%

OKTG vs. NFLU - Expense Ratio Comparison

OKTG has a 0.75% expense ratio, which is lower than NFLU's 1.05% expense ratio.

Dividends

OKTG vs. NFLU - Dividend Comparison

Neither OKTG nor NFLU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both OKTG and NFLU in my portfolio?

OKTG and NFLU have a correlation of 0.03, 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 NFLU?

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, OKTG or NFLU?

OKTG is cheaper with a 0.75% expense ratio, compared with 1.05% for NFLU.

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

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

What is the main difference between OKTG and NFLU?

They also come from different issuers: Leverage Shares and REX Shares. Their fees differ too: 0.75% for OKTG and 1.05% for NFLU.