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APHG vs PANG

Leverage Shares 2X Long APH Daily ETF

APHGCCboe

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Overlap

8.4%by weight

Expense ratio

PANG −0.23pt a year

APHG0.99%PANG0.76%

Avg volume · 30D

PANG 8.8×the volume

APHG5.1KPANG44.6K

APHG vs PANG Performance

Jul 31, 2026 – Oct 30, 2026

−9.9%APHG+7.0%PANG

Jul 31, 2026 to Oct 30, 2026. APHG −9.9%. PANG +7.0%. Use the arrow keys to read each point.−20%20%40%Jul 2026Sep 2026Oct 2026
Expense ratio
APHG 0.99%
PANG 0.76%, better
Fund size
APHG $0
PANG $9M
1Y total return
APHG No data
PANG +91.6%
Holdings
APHG 3
PANG 4
Avg volume (30D)
APHG 5.1K sh
PANG 44.6K sh, better
NAV per share
APHG $13.32
PANG $31.31
52W range

ETF.net Grade

APHG: Cost 48, Risk 79, Mission not scored, Tradability 41, Holdings not scored, Durability 26. PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59.
Pillar letters and Scores for APHG, PANG, with each pillar’s weight
PillarAPHGPANG
Cost30% weightC48A70Higher
Mission25% weightNot scoredA94
Risk15% weightA79HigherA74
Tradability15% weightC41A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightD26B59Higher

Rank among Single-Stock Long Leveraged funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. APHG and PANG are both graded against the same 315 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 315 funds
See all 315 ›

PANG ranks 3rd and APHG 123rd of 315 funds in the Single-Stock Long Leveraged Category.

  1. Rank 1ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
  2. Rank 2AUNHGLeverage Shares 2x Long UNH Daily ETFScore 72
  3. Rank 3AOKTGLeverage Shares 2x Long OKTA Daily ETFScore 70
  4. Rank 3APANGLeverage Shares 2x Long PANW Daily ETFScore 70
  5. Rank 5BAMDGLeverage Shares 2x Long AMD Daily ETFScore 69
  6. Rank 123CAMZGLeverage Shares 2X Long AMZN Daily ETFScore 40
  7. Rank 123CAPHGLeverage Shares 2X Long APH Daily ETFScore 40
  8. Rank 123CAPMICorgi AMAT 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

APHGCLeverage Shares 2X Long APH Daily ETF

PANGALeverage Shares 2x Long PANW Daily ETF

In short

APHG No data

PANG Palo Alto Networks, doubled. PANG aims for 200% of PANW's daily move, reset every day, and it reached the market days before the only other 2x PANW fund. Flat 0.76% fee, no waiver attached.

Stated mandate

APHG No data

PANG The ETF seeks daily investment results, before fees and expenses, equal to 200% of the daily performance of Palo Alto Networks, Inc. stock.

Why people hold it

APHG No data

  • PANG Cheaper of the two 2x PANW funds: 0.76% flat versus 1.08% for PALU, and PALU's number is net of a waiver through September 1, 2027 (1.48% gross).direxion.com
  • That 0.76% also sits below the typical fee in the single-stock leveraged category, where costs usually run higher.
  • Hits its 200% daily target closely, one of the tighter implementations among hundreds of single-stock leveraged funds.
  • Leverage arrives inside a standard 1940 Act ETF: no margin agreement, no borrowing, no overnight position to roll yourself.leverageshares.com

Worth knowing

APHG No data

  • PANG Daily reset, not a 2x hold. Over weeks the returns compound, and a choppy stretch in PANW can leave the result far from double the move.leverageshares.com
  • One stock, twice the swing. An earnings miss or a cyber headline lands here with double the force, up or down.leverageshares.com
  • Smaller and more lightly traded than the giants of the category, so spreads can widen; limit orders earn their keep.

Full APHG profile⁠

Full PANG profile⁠

APHG vs PANG Holdings

How APHG and PANG differ

Overlap by weight

8.4%

Shared holdings make up 19.3% of APHG and 8.4% of PANG.

Level by level

  • Holdings1 in both8.4%
  • Asset classEquity100%
  • Countryby domicile100%

Sector

No Sector split for APHG and PANG.

Country, concentration and asset class

Country by domicile

Country weights in APHG and PANG, widest gap first
CountryMore in APHGMore in PANG
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • APHG219.3%
  • PANG208.4%

Securities held

  • APHG1
  • PANG1

Asset class

APHG
Equity
PANG
Equity

Holdings

  • Only in APHG0
  • In both1
  • Only in PANG0

Only in APHG

0 securities, 0.0% of APHG by weight

Only in PANG

0 securities, 0.0% of PANG by weight

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in APHG and PANG, widest gap first
HoldingMore in APHGMore in PANG
First American Treasury Obligations Fund 01/01/2040APHG +10.92 points

All 3 APHG holdings⁠All 4 PANG holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

APHG vs PANG Cost

Overpaying APHG vs PANG

$3,869

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • APHG 0.99%

    $18,525

  • PANG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • APHG 0.99%
  • PANG 0.76%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530APHG $18,525PANG $14,656

Year by year

YearAPHGPANGOverpaying
10$1,746$1,353$393
20$6,565$5,142$1,423
30$18,525$14,656$3,869

Expense ratio

  • 0.99%APHG
  • 0.76%PANG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

PANG 131st cheapest of 315 funds

APHG 169th cheapest of 315 funds

APHG vs PANG Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
APHG None
PANG No data
Last payment
APHG No data
PANG $1.30
Ex-dividend
APHG No data
PANG Dec 30, 2025
Paid on
APHG No data
PANG Jan 2, 2026
Frequency
APHG No data
PANG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

APHGAll APHG payments⁠

No distribution history available.

PANGIrregular · 1 paymentAll PANG payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $1.30. Use the arrow keys to read each point.$0$12026YTD

APHG vs PANG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
APHG No dataPANG 128.2%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
APHG No dataPANG 0.90since Apr 2025
Worst fallMax drawdown, 5 years
APHG No dataPANG −62.4%since Mar 2025
Market sensitivityBeta, 5 years
APHG −1.02PANG 3.32

Popular comparisons

  • APHGCvsTSMGA

    Leverage Shares 2X Long APH Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    0.99% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PANGAvsTSMGA

    Leverage Shares 2x Long PANW Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    0.76% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • APHGCvsUNHGA

    Leverage Shares 2X Long APH Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    0.99% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PANGAvsUNHGA

    Leverage Shares 2x Long PANW Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    0.76% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • APHGCvsOKTGA

    Leverage Shares 2X Long APH Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    0.99% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PANGAvsOKTGA

    Leverage Shares 2x Long PANW Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    0.76% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.