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CRWU vs PANG

T-REX 2X Long CRWV Daily Target ETF

CRWUDCboe

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Overlap

Expense ratio

PANG −0.74pt a year

CRWU1.50%PANG0.76%

Avg volume · 30D

CRWU 10.0×the volume

CRWU445KPANG44.6K

CRWU vs PANG Performance

Oct 31, 2025 – Oct 30, 2026

−94.1%CRWU+91.6%PANG

Oct 31, 2025 to Oct 30, 2026. CRWU −94.1%. PANG +91.6%. Use the arrow keys to read each point.−50%0%50%150%Oct 2025Apr 2026Oct 2026
Expense ratio
CRWU 1.50%
PANG 0.76%, better
Fund size
CRWU $22M
PANG $9M
1Y total return
CRWU −94.1%
PANG +91.6%, better
Holdings
CRWU 2
PANG 4
Avg volume (30D)
CRWU 445K sh, better
PANG 44.6K sh
NAV per share
CRWU $15.37
PANG $31.31
52W range

ETF.net Grade

CRWU: Cost 11, Risk 28, Mission not scored, Tradability 50, Holdings not scored, Durability 66. PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59.
Pillar letters and Scores for CRWU, PANG, with each pillar’s weight
PillarCRWUPANG
Cost30% weightF11A70Higher
Mission25% weightNot scoredA94
Risk15% weightD28A74Higher
Tradability15% weightC50A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB66HigherB59

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. CRWU 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 CRWU 283rd 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 280DSOUXDaily Target 2X Long SOUN ETFScore 29
  7. Rank 283DCRWUT-REX 2X Long CRWV Daily Target ETFScore 28
  8. Rank 283DKEEXDefiance Daily Target 2X Long BITF ETFScore 28

Our read on each fund

ETF.net Research

CRWUDT-REX 2X Long CRWV Daily Target ETF

PANGALeverage Shares 2x Long PANW Daily ETF

In short

CRWU No data

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

CRWU No data

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

CRWU No data

  • 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

CRWU No data

  • 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 CRWU profile⁠

Full PANG profile⁠

CRWU 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.

CRWU vs PANG Cost

Overpaying CRWU vs PANG

$11,627

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

  • CRWU 1.50%

    $26,283

  • PANG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • CRWU 1.50%
  • PANG 0.76%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530CRWU $26,283PANG $14,656

Year by year

YearCRWUPANGOverpaying
10$2,590$1,353$1,237
20$9,519$5,142$4,377
30$26,283$14,656$11,627

Expense ratio

  • 1.50%CRWU
  • 0.76%PANG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

PANG 131st cheapest of 315 funds

CRWU 271st cheapest of 315 funds

CRWU vs PANG Dividends

Last 12 months to Oct 30, 2026
Last payment
CRWU $4.28
PANG $1.30
Ex-dividend
CRWU Dec 24, 2025
PANG Dec 30, 2025
Paid on
CRWU Dec 26, 2025
PANG Jan 2, 2026
Frequency
CRWU Irregular
PANG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

CRWUIrregular · 1 paymentAll CRWU payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 24, 2025 $4.28. Use the arrow keys to read each point.$0$52026YTD
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$52026YTD

CRWU vs PANG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CRWU 167.9%since Aug 2025PANG 128.2%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
CRWU −0.40since Aug 2025PANG 0.90since Apr 2025
Worst fallMax drawdown, 5 years
CRWU −96.3%since Jul 2025PANG −62.4%since Mar 2025
Market sensitivityBeta, 5 years
CRWU 8.42PANG 3.32

Popular comparisons

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