Which came closer to its stated multiple, OKLC or OKLL?

Over the window to Sep 11, 2026, OKLC finished 0.4 points from what its multiple implies and OKLL finished 5.0 points from its own, so OKLC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are OKLC and OKLL levered on the same thing?

Yes. Both are levered on OKLO, OKLC at +2 times and OKLL at +2 times the daily move.

Which one decays faster, OKLC or OKLL?

Decay follows how much the underlying moves about. Over this window OKLC’s moved at 78% annualized and OKLL’s at 82%, so OKLL has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold OKLC or OKLL for a year?

Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.

Which is cheaper, OKLC or OKLL?

OKLC charges 0.45% a year and OKLL charges 1.45%, so OKLC is cheaper. Fees come from each fund's prospectus.

ETFIQetfiq.com · independent ETF data

Data as of Sep 11, 2026.

OKLC vs OKLL: which held to its multiple?

Over the days both have traded, OKLC finished 0.4 points from its stated multiple and OKLL 0.8.

Corgi OKLO 2x Daily ETF and Defiance Daily Target 2X Long OKLO ETF, side by side, leveraged ETFs on ETFIQ.

−50.8%OKLC returned, 3 months

−69.0%OKLL returned, 3 months

−2.0 ptsOKLC from its stated multiple

+5.0 ptsOKLL from its stated multiple

OKLCOn its stated multiple · 1 month to Sep 11, 2026

OKLL5 pts over its label · 3 months to Sep 11, 2026

Performance, window by window

OKLC and OKLL over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
Window	Total return		Multiple would give		Difference
Window	OKLC	OKLL	OKLC	OKLL	OKLC	OKLL
1 month	−39.0%	−40.3%	−39.5%	−39.5%	+0.4 pts	−0.8 pts
3 months	not published	−69.0%	not published	−74.0%	not published	+5.0 pts
6 months	not published	−78.3%	not published	−75.9%	not published	−2.4 pts
1 year	not published	−94.5%	not published	−109.4%	not published	+14.9 pts
Since launch	−50.8%	−92.1%	−48.8%	−80.7%	−2.0 pts	−11.4 pts

Open the live comparison on ETFIQ

OKLC and OKLL on the same fields, as of Sep 11, 2026. Source: ETFIQ.
	OKLC Corgi OKLO 2x Daily ETF Aims to return twice the daily move of OKLO	OKLL Defiance Daily Target 2X Long OKLO ETF Aims to return twice the daily move of OKLO
Issuer	Corgi	Defiance
Sets out to return	+2x	+2x
On	OKLO	OKLO
Segment	company	company
Fund returned, 3 months	−39.0%	−69.0%
Underlying returned, 3 months	−19.7%	−37.0%
What the stated multiple implies, 3 months	−39.5%	−74.0%
Difference from stated, 3 months	+0.4 pts	+5.0 pts
Fund returned, 1 year or since launch	−50.8%	−94.5%
Difference from stated, over that window	−2.0 pts	+14.9 pts
Underlying volatility	78%	82%
Difference over the days both have traded	+0.4 pts	−0.8 pts
Expense ratio	0.45%	1.45%
Launched	Jul 7, 2026	Jun 24, 2025

OKLC in plain words

One month to Sep 11, 2026: OKLC returned −39.0% where its own daily promise gave −39.0%, 0.1 points short. Read the multiple against the whole window instead and +2 times OKLO's −19.7% implies −39.5%, which makes OKLC look 0.4 points over. 0.5 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. OKLC aims to return +2 times OKLO's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. OKLO moved at 78% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.

OKLL in plain words

Three months to Sep 11, 2026: OKLL returned −69.0% where its own daily promise gave −66.5%, 2.4 points short. Read the multiple against the whole window instead and +2 times OKLO's −37.0% implies −74.0%, which makes OKLL look 5.0 points over. 7.5 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. OKLL aims to return +2 times OKLO's move each day, then resets. OKLO moved at 82% annualized over that window.

Questions people ask

Which came closer to its stated multiple, OKLC or OKLL?: Over the window to Sep 11, 2026, OKLC finished 0.4 points from what its multiple implies and OKLL finished 5.0 points from its own, so OKLC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are OKLC and OKLL levered on the same thing?: Yes. Both are levered on OKLO, OKLC at +2 times and OKLL at +2 times the daily move.
Which one decays faster, OKLC or OKLL?: Decay follows how much the underlying moves about. Over this window OKLC’s moved at 78% annualized and OKLL’s at 82%, so OKLL has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold OKLC or OKLL for a year?: Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
Which is cheaper, OKLC or OKLL?: OKLC charges 0.45% a year and OKLL charges 1.45%, so OKLC is cheaper. Fees come from each fund's prospectus.

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

OKLC against OKLL, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, OKLC against OKLL, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/OKLC-OKLL Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources