OKTG vs MRNX

Comparison between Leverage Shares 2X Long OKTA Daily ETF (OKTG, ETF) and DEFIANCE DAILY TARGET 2X ETF (MRNX, ETF).

OKTG vs MRNX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OKTG(ETF)	MRNX(ETF)
Net Assets	$4.20M	$4.30M
Max Drawdown	60.69%	58.57%
Sharpe Ratio	1.37	0.89
5Y Beta	2.24	3.38

Net Assets

OKTG

$4.20M

Winner

MRNX

$4.30M

Max Drawdown

OKTG

60.69%

Winner

MRNX

58.57%

Sharpe Ratio

Winner

OKTG

1.37

MRNX

0.89

5Y Beta

Winner

OKTG

2.24

MRNX

3.38

OKTG vs MRNX - Historical Returns

Returns include dividend reinvestment.

Period	OKTG	MRNX
1 month	+30.96%	-25.93%
3 months	+179.93%	-6.85%
6 months	+70.17%	+16.91%
Max(CAGR)	+183.39%	+39.88%

Winner

OKTG

+30.96%

MRNX

-25.93%

Winner

OKTG

+179.93%

MRNX

-6.85%

Winner

OKTG

+70.17%

MRNX

+16.91%

Max(CAGR)

Winner

OKTG

+183.39%

MRNX

+39.88%

OKTG vs MRNX - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	OKTG	MRNX
2026	+97.90%	+16.91%
2025	+10.38%	N/A

OKTG vs MRNX Drawdown Comparison

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

The maximum drawdown for MRNX was -58.57%, occurring on Jul 24, 2026. This drawdown has not yet recovered.

The current OKTG drawdown is -20.64%. The current MRNX drawdown is -58.57%.

Rank	OKTG	MRNX
#1	-60.69% Jan 8, 2026 - May 29, 2026	-58.57% Jul 6, 2026 - Jul 24, 2026
#2	-36.44% Jun 1, 2026 - Jul 6, 2026	-45.00% Mar 4, 2026 - Jun 18, 2026
#3	-23.24% Jul 14, 2026 - Jul 23, 2026	-14.06% Jun 18, 2026 - Jun 26, 2026
#4	-16.07% Dec 11, 2025 - Jan 7, 2026	-13.64% Feb 27, 2026 - Mar 4, 2026
#5	-14.00% Jul 7, 2026 - Jul 14, 2026	-12.79% Feb 4, 2026 - Feb 17, 2026
#6	-7.44% Nov 17, 2025 - Dec 2, 2025	N/A
#7	-1.56% Dec 3, 2025 - Dec 8, 2025	N/A