OKLL ETF — Defiance Daily Target 2X Long OKLO ETF

Defiance Daily Target 2X Long OKLO ETF (OKLL)

OKLL is an ETF linked to Oklo (OKLO). As of September 3, 2026, its expense ratio is 1.45%. Total return is -90.2% over the past 1.2 years, 55.8 points behind OKLO at -34.4%.

Defiance Daily Target 2X Long OKLO ETF is an actively managed ETF that seeks to deliver twice the daily percentage movement of Oklo Inc., a nuclear energy company, through the use of derivatives such as swap agreements and listed options contracts. The fund is designed to track daily performance only and does not distribute income to shareholders. With an expense ratio of 1.31%, this leveraged, non-diversified fund appeals to traders seeking short-term directional exposure to the underlying stock rather than to buy-and-hold investors.

OKLL performance versus OKLO

Data as of September 3, 2026.

Total return is -90.2% over the past 1.2 years, 55.8 points behind OKLO at -34.4%. Its deepest 1-year drawdown was 98.4%.

OKLL key facts

Data as of September 3, 2026.

Issuer

Defiance ETFs

Asset type

ETF

Asset class

Equity

Inception date

06/23/2025

Expense ratio

1.45%

Distribution frequency

None

30-day SEC yield

1.02%

Last close

$2.35

NAV

$2.32

Premium / discount

1.29% premium

AUM

$118,967,270

Average volume

6194284.0

Last ex-dividend date

12/30/2025

Next payment date

12/31/2026

Beta

8.1169

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. The 30-day SEC yield (1.02%) is the SEC standardized figure when we have it. An issuer may publish a different SEC or TTM yield using another as-of date or share-class convention. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss. Figures below use Dividend Vision data as of September 3, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 3, 2026.

Primary sources: Defiance ETFs or company page; Index: Oklo (OKLO); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

OKLL risks and drawbacks

Total return has trailed OKLO over the available window. The deepest 1-year drawdown on record here is 98.4%.

Who may consider OKLL — and who may not

It is a weaker fit for investors who need monthly cash flow (OKLL does not currently distribute); investors hunting double-digit covered-call yields; investors whose main goal is matching OKLO total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Defiance ETFs.