{
 "ticker": "OKTG",
 "name": "Leverage Shares 2X Long OKTA Daily ETF",
 "issuer": "Leverage Shares",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/oktg",
 "html": "https://etfiq.com/funds/oktg",
 "markdown": "https://etfiq.com/funds/oktg.md",
 "as_of": "2026-10-02",
 "verdict": "Three months to Oct 2, 2026: OKTG returned +91.2% where its own daily promise gave +97.8%, 6.6 points short.",
 "key_facts": [
  {
   "key": "what_okta_did",
   "label": "What OKTA did",
   "value": "+49.5%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "OKTG, what OKTA did: +49.5%, as of Oct 2, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What 2 times a day gives",
   "value": "+97.8%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "OKTG, what 2 times a day gives: +97.8%, as of Oct 2, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "+91.2%",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "OKTG, what the fund returned: +91.2%, as of Oct 2, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22126.6 pts",
   "source": null,
   "as_of": "2026-10-02",
   "sentence": "OKTG, the fund itself cost: \u22126.6 pts, as of Oct 2, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$8m",
   "source": "issuer page, as of Oct 1, 2026",
   "as_of": "2026-10-02",
   "sentence": "OKTG, net assets: $8m (issuer page, as of Oct 1, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, Oct 31, 2025",
   "as_of": "2026-10-02",
   "sentence": "OKTG, expense ratio: 0.75% (485BPOS XBRL, Oct 31, 2025)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of OKTA, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+1.84 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "OKTA",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$8m",
   "source": "issuer page, as of Oct 1, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, Oct 31, 2025"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Nov 17, 2025",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "78% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "+62.2%",
   "OKTA": "+29.6%",
   "+2x the move": "+59.3%",
   "Difference": "+2.9 pts",
   "OKTA moved about": "58%"
  },
  {
   "window": "3 months",
   "Fund": "+91.2%",
   "OKTA": "+49.5%",
   "+2x the move": "+99.1%",
   "Difference": "\u22127.9 pts",
   "OKTA moved about": "78%"
  },
  {
   "window": "6 months",
   "Fund": "+394.6%",
   "OKTA": "+163.7%",
   "+2x the move": "not meaningful over this window",
   "Difference": "not meaningful over this window",
   "OKTA moved about": "82%"
  },
  {
   "window": "Since launch",
   "Fund": "+318.7%",
   "OKTA": "+160.9%",
   "+2x the move": "not meaningful over this window",
   "Difference": "not meaningful over this window",
   "OKTA moved about": "70%"
  }
 ],
 "questions": [
  {
   "q": "Did OKTG return +2 times OKTA?",
   "a": "Over the window to Oct 2, 2026, OKTA moved +49.5% and OKTG returned +91.2%. 2 times that move is +99.1%, so the fund came out 7.9 points short of it."
  },
  {
   "q": "Why does OKTG not return +2 times over a year?",
   "a": "Because it resets daily. OKTG aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get."
  }
 ],
 "generated": "2026-10-03",
 "license": "https://etfiq.com/license/",
 "license_text": "Free to use with attribution. ETFIQ (etfiq.com)."
}