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COTG vs PANG

Leverage Shares 2X Long COST Daily ETF

COTGBNasdaq

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Overlap

Expense ratio

PANG −0.01pt a year

COTG0.77%PANG0.76%

Avg volume · 30D

COTG 2.2×the volume

COTG98.8KPANG44.6K

COTG vs PANG Performance

Oct 31, 2025 – Nov 2, 2026

+13.5%COTG+76.3%PANG

Oct 31, 2025 to Nov 2, 2026. COTG +13.5%. PANG +76.3%. Use the arrow keys to read each point.−50%50%150%Oct 2025May 2026Nov 2026
Expense ratio
COTG 0.77%
PANG 0.76%, better
Fund size
COTG $10M
PANG $9M
1Y total return
COTG +13.5%
PANG +76.3%, better
Holdings
COTG 4
PANG 4
Avg volume (30D)
COTG 98.8K sh, better
PANG 44.6K sh
NAV per share
COTG $14.21
PANG $31.31
52W range

ETF.net Grade

COTG: Cost 60, Risk 85, Mission 91, Tradability 77, Holdings not scored, Durability 55. PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59.
Pillar letters and Scores for COTG, PANG, with each pillar’s weight
PillarCOTGPANG
Cost30% weightB60A70Higher
Mission25% weightA91A94Higher
Risk15% weightA85HigherA74
Tradability15% weightA77HigherA74
Holdings10% weightNot scoredNot scored
Durability5% weightB55B59Higher

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. COTG 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 COTG 5th 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 5BASMGLeverage Shares 2x Long ASML Daily ETFScore 69
  7. Rank 5BCOTGLeverage Shares 2X Long COST Daily ETFScore 69
  8. Rank 8BAAPUDirexion Daily AAPL Bull 2X SharesScore 68

Our read on each fund

ETF.net Research

COTGBLeverage Shares 2X Long COST Daily ETF

PANGALeverage Shares 2x Long PANW Daily ETF

In short

COTG Most single-stock leverage chases chips and crypto. COTG points it at a warehouse club, aiming to deliver 200% of Costco's daily move before fees, and resetting the clock every session.

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

COTG The fund seeks daily investment results equal to 200% of the daily performance of Costco Wholesale Corporation 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

  • COTG A plain mandate, plainly stated: 200% of Costco's daily move, before fees and expenses. No index to second-guess, no stock-picking layered on top.leverageshares.com
  • Costs less than the typical fund in the 2x single-stock crowd, and there's no temporary waiver holding that number down.
  • It has tracked its 2x daily target closely since its 2025 launch, putting it among the stronger implementations in a crowded peer 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

  • COTG Daily reset. Hold past one session and compounding takes over, so multi-week results can drift well away from 2x Costco. The issuer frames it as a tactical, often single-day tool.leverageshares.com
  • One stock, doubled. A single earnings print lands twice as hard on the day, with no second holding to cushion it.
  • Not one of the category's most heavily traded names, so the spread and the order type are worth a look.
  • 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 COTG profile⁠

Full PANG profile⁠

COTG 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.

COTG vs PANG Cost

Overpaying COTG vs PANG

$173

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

  • COTG 0.77%

    $14,829

  • PANG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • COTG 0.77%
  • 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$15K051015202530COTG $14,829PANG $14,656

Year by year

YearCOTGPANGOverpaying
10$1,371$1,353$18
20$5,205$5,142$63
30$14,829$14,656$173

Expense ratio

  • 0.77%COTG
  • 0.76%PANG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

PANG 131st cheapest of 315 funds

COTG 135th cheapest of 315 funds

COTG vs PANG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

COTGAll COTG 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

COTG vs PANG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
COTG 38.3%since Oct 2025PANG 128.2%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
COTG 0.12since Oct 2025PANG 0.90since Apr 2025
Worst fallMax drawdown, 5 years
COTG −36.4%since Sep 2025PANG −62.4%since Mar 2025
Market sensitivityBeta, 5 years
COTG −0.04PANG 3.32

COTG and PANG in the news

All news⁠

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