TARK vs. OKTG

Last updated Aug 2, 2026

TARK (Tradr 2X Long Innovation ETF) and OKTG (Leverage Shares 2X Long OKTA Daily ETF) are both Leveraged Equities funds. Both are actively managed. Their 0.41 correlation means their historical movements had little consistent relationship. TARK charges 1.15%/yr vs 0.75%/yr for OKTG.

Performance

TARK vs. OKTG - Performance Comparison

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

Returns By Period

In the year-to-date period, TARK achieves a -24.46% return, which is significantly lower than OKTG's 93.46% return.

TARK

• 1D: -4.73%
• 1M: -24.19%
• 6M: -18.59%
• YTD: -24.46%
• 1Y: -18.26%
• 3Y*: 1.19%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -9.86%

OKTG

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

*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)
OKTG Leverage Shares 2X Long OKTA Daily ETF	$268.28K	$488.97K	$1.00M
TARK Tradr 2X Long Innovation ETF	$604.81K	$641.97K	$710.94K

TARK vs. OKTG - Yearly Performance Comparison

	2026 (YTD)	2025
TARK Tradr 2X Long Innovation ETF	-24.46%	-1.87%
OKTG Leverage Shares 2X Long OKTA Daily ETF	93.46%	5.90%

Correlation

The correlation between TARK and OKTG is 0.41, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025	0.41

Return for Risk

TARK vs. OKTG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TARK

TARK Risk / Return Rank: 7
TARK Sharpe Ratio Rank: 6
TARK Sortino Ratio Rank: 8
TARK Omega Ratio Rank: 8
TARK Calmar Ratio Rank: 5
TARK Martin Ratio Rank: 5

OKTG

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

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.

TARK vs. OKTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long Innovation ETF (TARK) and Leverage Shares 2X Long OKTA Daily ETF (OKTG). 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.

	TARK	OKTG	Difference
Sharpe ratio: Return per unit of total volatility	-0.39	—	—
Sortino ratio: Return per unit of downside risk	-0.12	—	—
Omega ratio: Gain probability vs. loss probability	0.99	—	—
Calmar ratio: Return relative to maximum drawdown	-0.49	—	—
Martin ratio: Return relative to average drawdown	-0.84	—	—

Drawdowns

TARK vs. OKTG - Drawdown Comparison

The maximum TARK drawdown since its inception was -77.82%, which is greater than OKTG's maximum drawdown of -60.69%. Use the drawdown chart below to compare losses from any high point for TARK and OKTG.

Drawdown Indicators

	TARK	OKTG	Difference
Max Drawdown Largest peak-to-trough decline	-77.82%	-60.69%	-17.13%
Max Drawdown (1Y) Largest decline over 1 year	-57.57%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-65.55%	—	—
Current Drawdown Current decline from peak	-50.30%	-16.69%	-33.61%
Average Drawdown Average peak-to-trough decline	-50.55%	-22.50%	-28.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.47%	—	—

Volatility

Volatility by Period

	TARK	OKTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.33%	—	—
Volatility (6M) Calculated over the trailing 6-month period	55.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	72.66%	130.11%	-57.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	90.17%	130.11%	-39.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	90.17%	130.11%	-39.94%

TARK vs. OKTG - Expense Ratio Comparison

TARK has a 1.15% expense ratio, which is higher than OKTG's 0.75% expense ratio.

Dividends

TARK vs. OKTG - Dividend Comparison

TARK's dividend yield for the trailing twelve months is around 39.71%, while OKTG has not paid dividends to shareholders.

Position	TTM	2025	2024
OKTG Leverage Shares 2X Long OKTA Daily ETF	0.00%	0.00%	0.00%
TARK Tradr 2X Long Innovation ETF	39.71%	30.00%	0.59%

Frequently Asked Questions

Can I hold both TARK and OKTG in my portfolio?

TARK and OKTG have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TARK or OKTG?

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, TARK or OKTG?

OKTG is cheaper with a 0.75% expense ratio, compared with 1.15% for TARK.

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

TARK has the higher dividend yield at 39.71%, compared with 0.00% for OKTG.

What is the main difference between TARK and OKTG?

They also come from different issuers: AXS and Leverage Shares. Their fees differ too: 1.15% for TARK and 0.75% for OKTG.