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BEG vs PANG

Leverage Shares 2x Long BE Daily ETF

BEGBNasdaq

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Overlap

Expense ratio

BEG −0.01pt a year

BEG0.75%PANG0.76%

Avg volume · 30D

BEG 8.4×the volume

BEG373KPANG44.6K

BEG vs PANG Performance

Dec 31, 2025 – Nov 2, 2026

+68.6%BEG+160.8%PANG

Dec 31, 2025 to Nov 2, 2026. BEG +68.6%. PANG +160.8%. Use the arrow keys to read each point.400%600%800%Dec 2025Jun 2026Nov 2026
Expense ratio
BEG 0.75%, better
PANG 0.76%
Fund size
BEG $40M
PANG $9M
1Y total return
BEG No data
PANG +76.3%
Holdings
BEG 5
PANG 4
Avg volume (30D)
BEG 373K sh, better
PANG 44.6K sh
NAV per share
BEG $24.54
PANG $31.31
52W range

ETF.net Grade

BEG: Cost 70, Risk 48, Mission 63, Tradability 76, Holdings not scored, Durability 61. PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59.
Pillar letters and Scores for BEG, PANG, with each pillar’s weight
PillarBEGPANG
Cost30% weightA70A70
Mission25% weightB63A94Higher
Risk15% weightC48A74Higher
Tradability15% weightA76HigherA74
Holdings10% weightNot scoredNot scored
Durability5% weightB61HigherB59

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. BEG 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 BEG 17th 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 17BARMGLeverage Shares 2x Long ARM Daily ETFScore 65
  7. Rank 17BBEGLeverage Shares 2x Long BE Daily ETFScore 65
  8. Rank 17BKLAGLeverage Shares 2X Long KLAC Daily ETFScore 65

Our read on each fund

ETF.net Research

BEGBLeverage Shares 2x Long BE Daily ETF

PANGALeverage Shares 2x Long PANW Daily ETF

In short

BEG Two US ETFs offer 2x daily Bloom Energy exposure. BEG is the cheap one: 0.75% a year for a fund built to track 200% of BE's daily move, reset every single day.

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

BEG The fund seeks daily investment results equal to 200% of Bloom Energy Corporation stock's daily performance before fees and expenses.

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

  • BEG The fee is the pitch: 0.75% a year, against 1.30% for BEX, the other 2x Bloom Energy ETF.
  • One job, stated plainly: 200% of Bloom Energy's daily performance before fees and expenses. No index, no basket, no overlay to decode.leverageshares.com
  • A registered 1940 Act fund, so the leveraged exposure arrives in an ordinary brokerage account with no margin loan to arrange.leverageshares.com
  • Sits in the upper half of a crowded field of leveraged single-stock bull funds, helped by one of the lower fees in that group.
  • 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

  • BEG The 2x target resets daily. Hold longer and compounding takes over: a choppy stretch can leave you short of 2x even if BE ends higher.
  • Everything rides on one fuel-cell maker, doubled. A single guidance change or bad print at Bloom Energy lands twice as hard.
  • Launched in December 2025, so there is little history to study and the fund is still building its trading record.
  • 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 BEG profile⁠

Full PANG profile⁠

BEG vs 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.

BEG vs PANG Cost

Overpaying PANG vs BEG

$174

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

  • BEG 0.75%

    $14,482

  • PANG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • BEG 0.75%
  • 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$15K051015202530PANG $14,656BEG $14,482

Year by year

YearBEGPANGOverpaying
10$1,336$1,353$17
20$5,078$5,142$64
30$14,482$14,656$174

Expense ratio

  • 0.75%BEG, cheaper
  • 0.76%PANG
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

BEG 87th cheapest of 315 funds

PANG 131st cheapest of 315 funds

BEG vs PANG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

BEGAll BEG 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

BEG vs PANG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BEG No dataPANG 128.2%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
BEG No dataPANG 0.90since Apr 2025
Worst fallMax drawdown, 5 years
BEG No dataPANG −62.4%since Mar 2025
Market sensitivityBeta, 5 years
BEG 0.00PANG 3.32

Popular comparisons

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