OKTG vs. UECG

Last updated Jun 4, 2026

OKTG (Leverage Shares 2X Long OKTA Daily ETF) and UECG (Leverage Shares 2X Long UEC Daily ETF) are both Leveraged Equities funds from Leverage Shares. OKTG is actively managed, while UECG is passively managed. At a 0.05 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

OKTG vs. UECG - 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 UEC Daily ETF (UECG). 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*: —

UECG

• 1D: -17.04%
• 1M: -16.63%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OKTG vs. UECG - Yearly Performance Comparison

	2026 (YTD)
OKTG Leverage Shares 2X Long OKTA Daily ETF	57.01%
UECG Leverage Shares 2X Long UEC Daily ETF	-41.23%

Correlation

The correlation between OKTG and UECG is 0.05, 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 Feb 11, 2026	0.05

Return for Risk

OKTG vs. UECG - 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 UEC Daily ETF (UECG). 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	UECG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.33	-0.55	+1.88

Drawdowns

OKTG vs. UECG - Drawdown Comparison

The maximum OKTG drawdown since its inception was -60.69%, which is greater than UECG's maximum drawdown of -56.21%. Use the drawdown chart below to compare losses from any high point for OKTG and UECG.

Drawdown Indicators

	OKTG	UECG	Difference
Max Drawdown Largest peak-to-trough decline	-60.69%	-56.21%	-4.48%
Current Drawdown Current decline from peak	-21.91%	-41.23%	+19.32%
Average Drawdown Average peak-to-trough decline	-23.37%	-30.26%	+6.89%

Volatility

Volatility by Period

	OKTG	UECG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	137.60%	151.53%	-13.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	137.60%	151.53%	-13.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	137.60%	151.53%	-13.93%

OKTG vs. UECG - Expense Ratio Comparison

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

Dividends

OKTG vs. UECG - Dividend Comparison

Neither OKTG nor UECG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both OKTG and UECG in my portfolio?

OKTG and UECG have a correlation of 0.05, 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 UECG?

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 UECG?

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

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

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