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GOU vs PANG

GraniteShares 2x Long GOOG Daily ETF

GOUBNasdaq

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Overlap

Expense ratio

PANG −0.42pt a year

GOU1.18%PANG0.76%

Avg volume · 30D

GOU 3.3×the volume

GOU147KPANG44.6K

GOU vs PANG Performance

Dec 31, 2025 – Oct 30, 2026

−34.1%GOU+183.4%PANG

Dec 31, 2025 to Oct 30, 2026. GOU −34.1%. PANG +183.4%. Use the arrow keys to read each point.100%300%Dec 2025Jun 2026Oct 2026
Expense ratio
GOU 1.18%
PANG 0.76%, better
Fund size
GOU $16M
PANG $9M
1Y total return
GOU No data
PANG +91.6%
Holdings
GOU 2
PANG 4
Avg volume (30D)
GOU 147K sh, better
PANG 44.6K sh
NAV per share
GOU $16.53
PANG $31.31
52W range

ETF.net Grade

GOU: Cost 37, Risk 69, Mission 90, Tradability 77, Holdings not scored, Durability 64. PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59.
Pillar letters and Scores for GOU, PANG, with each pillar’s weight
PillarGOUPANG
Cost30% weightD37A70Higher
Mission25% weightA90A94Higher
Risk15% weightB69A74Higher
Tradability15% weightA77HigherA74
Holdings10% weightNot scoredNot scored
Durability5% weightB64HigherB59

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. GOU 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 GOU 68th 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 68BCSCLDirexion Daily CSCO Bull 2X ETFScore 55
  7. Rank 68BGOUGraniteShares 2x Long GOOG Daily ETFScore 55
  8. Rank 71CAAOGLeverage Shares 2X Long AAOI Daily ETFScore 54

Our read on each fund

ETF.net Research

GOUBGraniteShares 2x Long GOOG Daily ETF

PANGALeverage Shares 2x Long PANW Daily ETF

In short

GOU Two times Alphabet's daily move, in one ticker. GraniteShares listed the first leveraged single-stock ETFs in the US in 2022, and GOU is its 2x dial on Google's parent, reset every day.

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

GOU The Fund seeks daily investment results, before fees and expenses, equal to 2 times the daily percentage change of Alphabet Inc. Class A common stock.

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

  • GOU The mandate is narrow and literal: a swap-based 2x on Alphabet Class A, close to close. Day to day it has stayed tight to that stated target.sec.gov
  • From the house that put the first short and leveraged single-stock ETFs on US exchanges in 2022, so the daily-swap plumbing is well-worn.etfgi.comgraniteshares.com
  • The dial is 2x, not 3x. You still double Alphabet's daily move, with less of the knife-edge math the most aggressive single-stock funds carry.graniteshares.com
  • Among the stronger-rated implementations in a crowded single-stock leverage field, and it trades actively enough for a fund this young.
  • 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

  • GOU Costs 1.15% net of a waiver through December 31, 2026 (1.18% gross), above the typical single-stock leveraged fund; 2x peers like TSMG charge 0.76%.
  • Daily reset means the math compounds. Over periods longer than a day the prospectus warns the fund can lose money even if Alphabet rises.sec.gov
  • One company, amplified: an earnings print or a headline lands twice as hard, and the issuer frames the fund for investors who monitor positions daily.sec.gov
  • 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 GOU profile⁠

Full PANG profile⁠

GOU 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.

GOU vs PANG Cost

Overpaying GOU vs PANG

$6,887

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

  • GOU 1.18%

    $21,543

  • PANG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • GOU 1.18%
  • 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$20K$25K051015202530GOU $21,543PANG $14,656

Year by year

YearGOUPANGOverpaying
10$2,065$1,353$712
20$7,697$5,142$2,555
30$21,543$14,656$6,887

Expense ratio

  • 1.18%GOU
  • 0.76%PANG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

PANG 131st cheapest of 315 funds

GOU 224th cheapest of 315 funds

GOU vs PANG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

GOUAll GOU 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

GOU vs PANG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GOU No dataPANG 128.2%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
GOU No dataPANG 0.90since Apr 2025
Worst fallMax drawdown, 5 years
GOU No dataPANG −62.4%since Mar 2025
Market sensitivityBeta, 5 years
GOU 5.34PANG 3.32

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