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BOEU vs PANG

Direxion Daily BA Bull 2X ETF

BOEUCNasdaq

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Overlap

0.0%by weight

Expense ratio

PANG −0.30pt a year

BOEU1.06%PANG0.76%

Avg volume · 30D

BOEU 1.5×the volume

BOEU65.3KPANG44.6K

BOEU vs PANG Performance

Oct 31, 2025 – Nov 2, 2026

−40.0%BOEU+76.3%PANG

Oct 31, 2025 to Nov 2, 2026. BOEU −40.0%. PANG +76.3%. Use the arrow keys to read each point.0%50%150%Oct 2025May 2026Nov 2026
Expense ratio
BOEU 1.06%
PANG 0.76%, better
Fund size
BOEU $25M
PANG $9M
1Y total return
BOEU −40.0%
PANG +76.3%, better
Yield (12M)
BOEU 3.81%
PANG No data
Holdings
BOEU 9
PANG 4
Avg volume (30D)
BOEU 65.3K sh, better
PANG 44.6K sh
NAV per share
BOEU $19.43
PANG $31.31
52W range

ETF.net Grade

BOEU: Cost 42, Risk 61, Mission 82, Tradability 48, Holdings not scored, Durability 74. PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59.
Pillar letters and Scores for BOEU, PANG, with each pillar’s weight
PillarBOEUPANG
Cost30% weightC42A70Higher
Mission25% weightA82A94Higher
Risk15% weightB61A74Higher
Tradability15% weightC48A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA74HigherB59

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. BOEU 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 BOEU 84th 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 84CBEXTradr 2X Long BE Daily ETFScore 50
  7. Rank 84CBOEUDirexion Daily BA Bull 2X ETFScore 50
  8. Rank 84CMSFXT-Rex 2X Long Microsoft Daily Target ETFScore 50

Our read on each fund

ETF.net Research

BOEUCDirexion Daily BA Bull 2X ETF

PANGALeverage Shares 2x Long PANW Daily ETF

In short

BOEU Two times Boeing, one day at a time. BOEU aims for 200% of BA's daily move, resets every night, and beat every other 2x Boeing fund to market. Fee: 1.06% net of a waiver through September 1, 2027 (1.30% gross).

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

BOEU The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of The Boeing's 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

  • BOEU First mover: listed in April 2025, it beat the only other 2x Boeing ETF to market by roughly two months.direxion.comleverageshares.com
  • Tracks what it sets out to track: day-to-day results have stayed close to the 200%-of-BA objective, among the stronger implementations in the leveraged single-stock crowd.
  • One job, stated plainly: 200% of Boeing's daily move before fees and expenses. No stock picking, no index committee, nothing buried in the fine print.direxion.com
  • 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

  • BOEU Daily reset cuts both ways: returns compound off a new base each session, so a choppy stretch can leave the fund well off 2x the period's move.direxion.com
  • Cost sits above the category median: 1.06% net of a waiver through September 1, 2027, and 1.30% gross if that waiver lapses. The rival 2x Boeing fund prices below it.leverageshares.com
  • All eggs, one hangar. A safety headline, a strike, or a delivery miss at Boeing lands twice as hard here, and there is no other holding to soften it.direxion.com
  • 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 BOEU profile⁠

Full PANG profile⁠

BOEU vs PANG Holdings

How BOEU and PANG differ

Overlap by weight

0.0%

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

Level by level

  • Holdings0 in both0.0%
  • Asset classEquity100%
  • Countryby domicile100%

Sector

No Sector split for PANG.

Country, concentration and asset class

Country by domicile

Country weights in BOEU and PANG, widest gap first
CountryMore in BOEUMore in PANG
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • BOEU100.0%
  • PANG210.1%

Securities held

  • BOEU3
  • PANG1

Asset class

BOEU
Equity
PANG
Equity

Holdings

  • Only in BOEU3
  • In both0
  • Only in PANG1

Only in BOEU

3 securities, 6.5% of BOEU by weight

  • Goldman Finl Sq Trsry Inst 5064.56%
  • Boeing Co/The1.75%
  • Goldman Sachs Fin Gov 465 Institut0.16%

Only in PANG

1 security, 10.0% of PANG by weight

  • First American Treasury Obligations Fund 01/01/204010.04%

Weight gaps

BOEU and PANG share no securities.

All 6 BOEU 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.

BOEU vs PANG Cost

Overpaying BOEU vs PANG

$4,999

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

  • BOEU 1.06%

    $19,655

  • PANG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • BOEU 1.06%
  • 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$20K051015202530BOEU $19,655PANG $14,656

Year by year

YearBOEUPANGOverpaying
10$1,864$1,353$511
20$6,987$5,142$1,845
30$19,655$14,656$4,999

Expense ratio

  • 1.06%BOEU
  • 0.76%PANG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

PANG 131st cheapest of 315 funds

BOEU 211th cheapest of 315 funds

BOEU vs PANG Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
BOEU 3.81%
PANG No data
Payout (12M)
BOEU $0.77
PANG No data
Last payment
BOEU $0.15
PANG $1.30
Ex-dividend
BOEU Sep 22, 2026
PANG Dec 30, 2025
Paid on
BOEU Sep 29, 2026
PANG Jan 2, 2026
Frequency
BOEU Quarterly
PANG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

BOEUQuarterly · 7 paymentsAll BOEU payments⁠
One bar per payment. 7 payments from 2025 to 2026 YTD. Jun 24, 2025 $0.10; Sep 23, 2025 $0.14; Dec 10, 2025 $0.12; Dec 23, 2025 $0.20; Mar 24, 2026 $0.16; Jun 23, 2026 $0.15; Sep 22, 2026 $0.15. 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

BOEU vs PANG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BOEU 60.8%since May 2025PANG 128.2%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
BOEU −0.28since May 2025PANG 0.90since Apr 2025
Worst fallMax drawdown, 5 years
BOEU −63.3%since Apr 2025PANG −62.4%since Mar 2025
Market sensitivityBeta, 5 years
BOEU 2.67PANG 3.32

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