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BABU vs PANG

Direxion Daily BABA Bull 2X ETF

BABUCNasdaq

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Overlap

0.0%by weight

Expense ratio

PANG −0.21pt a year

BABU0.97%PANG0.76%

Avg volume · 30D

BABU 3.5×the volume

BABU155KPANG44.6K

BABU vs PANG Performance

Jul 31, 2026 – Oct 30, 2026

−39.7%BABU+7.0%PANG

Jul 31, 2026 to Oct 30, 2026. BABU −39.7%. PANG +7.0%. Use the arrow keys to read each point.−20%20%40%Jul 2026Sep 2026Oct 2026
Expense ratio
BABU 0.97%
PANG 0.76%, better
Fund size
BABU $6M
PANG $9M
1Y total return
BABU No data
PANG +91.6%
Holdings
BABU 9
PANG 4
Avg volume (30D)
BABU 155K sh, better
PANG 44.6K sh
NAV per share
BABU $7.34
PANG $31.31
52W range

ETF.net Grade

BABU: Cost 54, Risk 47, Mission 93, Tradability 47, Holdings not scored, Durability 59. PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59.
Pillar letters and Scores for BABU, PANG, with each pillar’s weight
PillarBABUPANG
Cost30% weightC54A70Higher
Mission25% weightA93A94Higher
Risk15% weightC47A74Higher
Tradability15% weightC47A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB59B59

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. BABU 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 BABU 82nd 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 78CQCMUDirexion Daily QCOM Bull 2X ETFScore 52
  7. Rank 82CBABUDirexion Daily BABA Bull 2X ETFScore 51
  8. Rank 82CLMTLDirexion Daily LMT Bull 2X ETFScore 51

Our read on each fund

ETF.net Research

BABUCDirexion Daily BABA Bull 2X ETF

PANGALeverage Shares 2x Long PANW Daily ETF

In short

BABU Three ETFs chase 200% of Alibaba's daily move. This one charges the least of them: 0.97% net of a waiver through September 1, 2027. A trading tool, built for days, not years.

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

BABU The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Alibaba Group Holding Limited common shares.

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

  • BABU Lowest fee of the BABA doublers: 0.97% net of a waiver through September 1, 2027, vs KBAB (0.99% net, waiver to August 1, 2028) and BABX (1.15% net, waiver to December 31, 2026).
  • Does what it says: the fund has tracked its 200% daily target closely, one of the stronger implementations in a crowded leveraged single-stock field.
  • Doubled Alibaba exposure from a plain brokerage ticker, with no margin account or stock-borrow arrangement to set up.investor.gov
  • 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

  • BABU The 2x target resets every day. Over longer stretches compounding pushes results away from twice BABA's move, and choppy markets widen that gap.investor.gov
  • One stock, no diversification cushion: every Alibaba earnings print or Beijing policy headline arrives here at double speed.sec.gov
  • Cheapest of its trio, not cheap outright: the fee sits near the leveraged single-stock median and above top-ranked 2x funds like TSMG (0.76%). Gross is 0.99% if the waiver lapses.
  • 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 BABU profile⁠

Full PANG profile⁠

BABU vs PANG Holdings

How BABU and PANG differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of BABU and 0.0% of PANG.

Level by level

  • Countryby domicile0.0%
  • Holdings0 in both0.0%
  • Asset classEquity100%

Sector

No Sector split for BABU and PANG.

Country, concentration and asset class

Country by domicile

Country weights in BABU and PANG, widest gap first
CountryMore in BABUMore in PANG
ChinaBABU +100.0 points
United StatesPANG +100.0 points

Outside the US: BABU 0% developed, 100% emerging.

Concentration

Weight in the 10 largest Holdings

  • BABU100.0%
  • PANG208.4%

Securities held

  • BABU3
  • PANG1

Asset class

BABU
Equity
PANG
Equity

Holdings

  • Only in BABU3
  • In both0
  • Only in PANG1

Only in BABU

3 securities, 36.1% of BABU by weight

  • Goldman Finl Sq Trsry Inst 50628.59%
  • Alibaba Group Holding-Sp Adr5.52%
  • Goldman Sachs Fin Gov 465 Institut1.98%

Only in PANG

1 security, 8.4% of PANG by weight

  • First American Treasury Obligations Fund 01/01/20408.43%

Weight gaps

BABU and PANG share no securities.

All BABU 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.

BABU vs PANG Cost

Overpaying BABU vs PANG

$3,542

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

  • BABU 0.97%

    $18,198

  • PANG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • BABU 0.97%
  • 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$20K051015202530BABU $18,198PANG $14,656

Year by year

YearBABUPANGOverpaying
10$1,712$1,353$359
20$6,443$5,142$1,301
30$18,198$14,656$3,542

Expense ratio

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

PANG 131st cheapest of 315 funds

BABU 156th cheapest of 315 funds

BABU vs PANG Dividends

Last 12 months to Oct 30, 2026
Last payment
BABU $0.05
PANG $1.30
Ex-dividend
BABU Sep 22, 2026
PANG Dec 30, 2025
Paid on
BABU Sep 29, 2026
PANG Jan 2, 2026
Frequency
BABU Quarterly
PANG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

BABUQuarterly · 3 paymentsAll BABU payments⁠
One bar per payment. 3 payments from 2025 to 2026 YTD. Mar 24, 2026 $0.05; Jun 23, 2026 $0.05; Sep 22, 2026 $0.05. Use the arrow keys to read each point.$0$12026YTD
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

BABU vs PANG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BABU No dataPANG 128.2%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
BABU No dataPANG 0.90since Apr 2025
Worst fallMax drawdown, 5 years
BABU No dataPANG −62.4%since Mar 2025
Market sensitivityBeta, 5 years
BABU 1.51PANG 3.32

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