OKTG vs MPL

Comparison between Leverage Shares 2X Long OKTA Daily ETF (OKTG, ETF) and Defiance Daily Target 2X Long MP ETF (MPL, ETF).

OKTG vs MPL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OKTG(ETF)	MPL(ETF)
Net Assets	$4.20M	$4.30M
Max Drawdown	60.69%	70.40%
Sharpe Ratio	1.37	-4.63
5Y Beta	2.24	3.74

Net Assets

OKTG

$4.20M

Winner

MPL

$4.30M

Max Drawdown

Winner

OKTG

60.69%

MPL

70.40%

Sharpe Ratio

Winner

OKTG

1.37

MPL

-4.63

5Y Beta

Winner

OKTG

2.24

MPL

3.74

OKTG vs MPL - Holdings Comparison

OKTG and MPL have 0 common holdings. Overlap is 0.00%

OKTG's top 25 holdings weight is 3.87%. MPL's top 25 holdings weight is 4.91%.

Rank	OKTG	MPL
#1	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 3.87%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 4.91%
#2	N/A	N/A
#3	N/A	N/A
#4	N/A	N/A
#5	N/A	N/A
#6	N/A	N/A
#7	N/A	N/A
#8	N/A	N/A
#9	N/A	N/A
#10	N/A	N/A
#11	N/A	N/A
#12	N/A	N/A
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	1	1

OKTG vs MPL - Historical Returns

Returns include dividend reinvestment.

Period	OKTG	MPL
1 month	+30.96%	-49.18%
3 months	+179.93%	N/A
6 months	+70.17%	N/A
Max(CAGR)	+183.39%	-99.88%

Winner

OKTG

+30.96%

MPL

-49.18%

OKTG

+179.93%

MPL

N/A

OKTG

+70.17%

MPL

N/A

Max(CAGR)

Winner

OKTG

+183.39%

MPL

-99.88%

OKTG vs MPL - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	OKTG	MPL
2026	+97.90%	-66.13%
2025	+10.38%	N/A

OKTG vs MPL Drawdown Comparison

The maximum drawdown for OKTG was -60.69%, occurring on Apr 10, 2026. Recovery took 97 trading sessions.

The maximum drawdown for MPL was -70.40%, occurring on Jul 24, 2026. This drawdown has not yet recovered.

The current OKTG drawdown is -20.64%. The current MPL drawdown is -70.40%.

Rank	OKTG	MPL
#1	-60.69% Jan 8, 2026 - May 29, 2026	-70.40% Jun 2, 2026 - Jul 24, 2026
#2	-36.44% Jun 1, 2026 - Jul 6, 2026	-8.36% May 26, 2026 - Jun 1, 2026
#3	-23.24% Jul 14, 2026 - Jul 23, 2026	N/A
#4	-16.07% Dec 11, 2025 - Jan 7, 2026	N/A
#5	-14.00% Jul 7, 2026 - Jul 14, 2026	N/A
#6	-7.44% Nov 17, 2025 - Dec 2, 2025	N/A
#7	-1.56% Dec 3, 2025 - Dec 8, 2025	N/A