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GGLL vs PANG

Direxion Daily GOOGL Bull 2X ETF

GGLLBNasdaq

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Overlap

Expense ratio

PANG −0.20pt a year

GGLL0.96%PANG0.76%

Avg volume · 30D

GGLL 35.1×the volume

GGLL1.57MPANG44.6K

GGLL vs PANG Performance

Oct 31, 2025 – Nov 2, 2026

−20.4%GGLL+76.3%PANG

Oct 31, 2025 to Nov 2, 2026. GGLL −20.4%. PANG +76.3%. Use the arrow keys to read each point.−50%50%150%Oct 2025May 2026Nov 2026
Expense ratio
GGLL 0.96%
PANG 0.76%, better
Fund size
GGLL $948M
PANG $9M
1Y total return
GGLL −20.4%
PANG +76.3%, better
Yield (12M)
GGLL 7.85%
PANG No data
Holdings
GGLL 10
PANG 4
Avg volume (30D)
GGLL 1.57M sh, better
PANG 44.6K sh
NAV per share
GGLL $63.63
PANG $31.31
52W range

ETF.net Grade

GGLL: Cost 56, Risk 73, Mission 93, Tradability 72, Holdings not scored, Durability 88. PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59.
Pillar letters and Scores for GGLL, PANG, with each pillar’s weight
PillarGGLLPANG
Cost30% weightB56A70Higher
Mission25% weightA93A94Higher
Risk15% weightA73A74Higher
Tradability15% weightA72A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA88HigherB59

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. GGLL 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 GGLL 15th 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 15BGEVGLeverage Shares 2x Long GEV Daily ETFScore 66
  7. Rank 15BGGLLDirexion Daily GOOGL Bull 2X ETFScore 66
  8. Rank 17BARMGLeverage Shares 2x Long ARM Daily ETFScore 65

Our read on each fund

ETF.net Research

GGLLBDirexion Daily GOOGL Bull 2X ETF

PANGALeverage Shares 2x Long PANW Daily ETF

In short

GGLL A double-strength Alphabet trade in a single ticker. GGLL aims for 200% of GOOGL's daily move, no margin account or options chain required, and Direxion has been running it since 2022.

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

GGLL The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Alphabet Inc.'s Class A 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

  • GGLL Aims for 200% of the daily move in Alphabet Class A shares from a plain brokerage account. No margin agreement, no options chain, no rolling positions yourself.direxion.com
  • Hits its stated daily 2x target tightly, one of the stronger implementations in a crowded field of leveraged single-stock funds.
  • A several-hundred-million-dollar fund that trades actively, so getting in and out is rarely the hard part.
  • Live since 2022, giving this one a real track record through fast tape and slow tape alike, which is more than much of its cohort can say.
  • 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

  • GGLL The 2x resets every day. Hold longer and compounding takes over, so a multi-day result can land far from twice the stock's move over that stretch, especially in choppy markets.direxion.com
  • One company is the entire fund. An earnings miss or an antitrust headline at Alphabet hits here at double strength, downside included.
  • At 0.96%, it runs pricier than 2x single-stock peers such as UNHG, ASMG and AMDG at 0.75%, though it sits under the typical fee in its cohort.
  • 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 GGLL profile⁠

Full PANG profile⁠

GGLL 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.

GGLL vs PANG Cost

Overpaying GGLL vs PANG

$3,378

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

  • GGLL 0.96%

    $18,034

  • PANG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • GGLL 0.96%
  • 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$20K051015202530GGLL $18,034PANG $14,656

Year by year

YearGGLLPANGOverpaying
10$1,695$1,353$342
20$6,383$5,142$1,241
30$18,034$14,656$3,378

Expense ratio

  • 0.96%GGLL
  • 0.76%PANG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

PANG 131st cheapest of 315 funds

GGLL 154th cheapest of 315 funds

GGLL vs PANG Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
GGLL 7.85%
PANG No data
Payout (12M)
GGLL $4.96
PANG No data
Last payment
GGLL $0.61
PANG $1.30
Ex-dividend
GGLL Sep 22, 2026
PANG Dec 30, 2025
Paid on
GGLL Sep 29, 2026
PANG Jan 2, 2026
Frequency
GGLL Quarterly
PANG Irregular

Distribution history

Per share, 2022 to 2026, same scale for both

GGLLQuarterly · 19 paymentsAll GGLL payments⁠
One bar per payment. 19 payments from 2022 to 2026 YTD. Sep 20, 2022 $0.0061; Dec 20, 2022 $0.10; Mar 21, 2023 $0.07; Jun 21, 2023 $0.17; Sep 19, 2023 $0.19; Dec 21, 2023 $0.23; Mar 19, 2024 $0.20; Jun 25, 2024 $0.33; Sep 24, 2024 $0.24; Dec 12, 2024 $0.39; Dec 23, 2024 $0.34; Mar 25, 2025 $0.22; Jun 24, 2025 $0.26; Sep 23, 2025 $0.36; Dec 10, 2025 $2.85; Dec 23, 2025 $0.34; Mar 24, 2026 $0.58; Jun 23, 2026 $0.58; Sep 22, 2026 $0.61. Use the arrow keys to read each point.$0$2.5020232026YTD
PANGIrregular · 1 paymentAll PANG payments⁠
One bar per payment. 1 payment from 2022 to 2026 YTD. Dec 30, 2025 $1.30. Use the arrow keys to read each point.$0$2.5020232026YTD

GGLL vs PANG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GGLL 69.4%PANG 128.2%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
GGLL 0.71PANG 0.90since Apr 2025
Worst fallMax drawdown, 5 years
GGLL −57.1%since Sep 2022PANG −62.4%since Mar 2025
Market sensitivityBeta, 5 years
GGLL 2.58PANG 3.32

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