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CIFG vs PANG

Leverage Shares 2x Long CIFR Daily ETF

CIFGCNasdaq

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Overlap

Expense ratio

CIFG −0.01pt a year

CIFG0.75%PANG0.76%

Avg volume · 30D

CIFG 30.0×the volume

CIFG1.34MPANG44.6K

CIFG vs PANG Performance

Dec 31, 2025 – Nov 2, 2026

−93.5%CIFG+160.8%PANG

Dec 31, 2025 to Nov 2, 2026. CIFG −93.5%. PANG +160.8%. Use the arrow keys to read each point.0%100%300%Dec 2025Jun 2026Nov 2026
Expense ratio
CIFG 0.75%, better
PANG 0.76%
Fund size
CIFG $7M
PANG $9M
1Y total return
CIFG No data
PANG +76.3%
Holdings
CIFG 5
PANG 4
Avg volume (30D)
CIFG 1.34M sh, better
PANG 44.6K sh
NAV per share
CIFG $0.6600
PANG $31.31
52W range

ETF.net Grade

CIFG: Cost 70, Risk 21, Mission 98, Tradability 58, Holdings not scored, Durability 50. PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59.
Pillar letters and Scores for CIFG, PANG, with each pillar’s weight
PillarCIFGPANG
Cost30% weightA70A70
Mission25% weightA98HigherA94
Risk15% weightF21A74Higher
Tradability15% weightB58A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC50B59Higher

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. CIFG 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 CIFG 71st 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 71CBMNGLeverage Shares 2x Long BMNR Daily ETFScore 54
  7. Rank 71CCIFGLeverage Shares 2x Long CIFR Daily ETFScore 54
  8. Rank 71CGOOXT-REX 2X Long Alphabet Daily Target ETFScore 54

Our read on each fund

ETF.net Research

CIFGCLeverage Shares 2x Long CIFR Daily ETF

PANGALeverage Shares 2x Long PANW Daily ETF

In short

CIFG Two-times daily exposure to Cipher Digital, the bitcoin miner building industrial-scale data centers. Same geared math as the rest of the aisle, at 0.75% a year, under the typical leveraged single-stock fee.

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

CIFG The fund seeks daily returns equal to 200% of the daily performance of Cipher Digital stock, 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

  • CIFG Cheap for the aisle: 0.75% a year, against a cohort median above 1% and the 0.96% charged by Direxion 2x names like GGLL and AAPU.
  • Does what it says: day to day it has tracked its stated target of 200% of Cipher Digital's move closely.leverageshares.com
  • Leverage stops at 2x, so each session's move is doubled, not tripled.leverageshares.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

  • CIFG Daily reset: hold past one session and your result drifts from 2x the stock's move. Choppy stretches can leave you behind even when the stock finishes higher.leverageshares.com
  • The reference asset is one volatile stock tied to bitcoin economics and data center buildouts. Doubling cuts both directions.ciphermining.com
  • Launched December 2025, and it sits on the smaller, thinner-traded end of the leveraged single-stock shelf, so spreads matter more than with mega-cap geared funds.
  • 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 CIFG profile⁠

Full PANG profile⁠

CIFG 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.

CIFG vs PANG Cost

Overpaying PANG vs CIFG

$174

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

  • CIFG 0.75%

    $14,482

  • PANG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • CIFG 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 $14,656CIFG $14,482

Year by year

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

Expense ratio

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

CIFG 87th cheapest of 315 funds

PANG 131st cheapest of 315 funds

CIFG vs PANG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

CIFGAll CIFG 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

CIFG vs PANG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CIFG No dataPANG 128.2%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
CIFG No dataPANG 0.90since Apr 2025
Worst fallMax drawdown, 5 years
CIFG No dataPANG −62.4%since Mar 2025
Market sensitivityBeta, 5 years
CIFG 7.76PANG 3.32

Popular comparisons

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

    Expense ratio
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    Category
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