OKTG vs. PLTG

Last updated Jun 4, 2026

OKTG (Leverage Shares 2X Long OKTA Daily ETF) and PLTG (Leverage Shares 2X Long PLTR Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. A 0.54 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.

Performance

OKTG vs. PLTG - 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 PLTR Daily ETF (PLTG). 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 PLTG's -47.23% return.

OKTG

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

PLTG

• 1D: -13.32%
• 1M: -9.50%
• YTD: -47.23%
• 6M: -47.68%
• 1Y: -24.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OKTG vs. PLTG - Yearly Performance Comparison

	2026 (YTD)	2025
OKTG Leverage Shares 2X Long OKTA Daily ETF	58.00%	10.38%
PLTG Leverage Shares 2X Long PLTR Daily ETF	-47.23%	2.95%

Correlation

The correlation between OKTG and PLTG is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.54

Return for Risk

OKTG vs. PLTG — Risk / Return Rank

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

PLTG

PLTG Risk / Return Rank: 8
PLTG Sharpe Ratio Rank: 6
PLTG Sortino Ratio Rank: 11
PLTG Omega Ratio Rank: 11
PLTG Calmar Ratio Rank: 6
PLTG Martin Ratio Rank: 6

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. PLTG - 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 PLTR Daily ETF (PLTG). 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	PLTG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.24	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.33	-0.01	+1.34

Drawdowns

OKTG vs. PLTG - Drawdown Comparison

The maximum OKTG drawdown since its inception was -60.69%, smaller than the maximum PLTG drawdown of -69.02%. Use the drawdown chart below to compare losses from any high point for OKTG and PLTG.

Drawdown Indicators

	OKTG	PLTG	Difference
Max Drawdown Largest peak-to-trough decline	-60.69%	-69.02%	+8.33%
Max Drawdown (1Y) Largest decline over 1 year	—	-69.02%	—
Current Drawdown Current decline from peak	-21.91%	-64.14%	+42.23%
Average Drawdown Average peak-to-trough decline	-23.37%	-30.36%	+6.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	40.15%	—

Volatility

Volatility by Period

	OKTG	PLTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	36.64%	—
Volatility (6M) Calculated over the trailing 6-month period	—	77.89%	—
Volatility (1Y) Calculated over the trailing 1-year period	137.60%	103.03%	+34.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	137.60%	106.00%	+31.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	137.60%	106.00%	+31.60%

OKTG vs. PLTG - Expense Ratio Comparison

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

Dividends

OKTG vs. PLTG - Dividend Comparison

OKTG has not paid dividends to shareholders, while PLTG's dividend yield for the trailing twelve months is around 34.37%.

Position	TTM	2025
OKTG Leverage Shares 2X Long OKTA Daily ETF	0.00%	0.00%
PLTG Leverage Shares 2X Long PLTR Daily ETF	34.37%	18.14%

Frequently Asked Questions

Can I hold both OKTG and PLTG in my portfolio?

OKTG and PLTG have a correlation of 0.54, 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 PLTG?

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 PLTG?

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

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

PLTG has the higher dividend yield at 34.37%, compared with 0.00% for OKTG.