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HOOG vs PANG

Leverage Shares 2x Long HOOD Daily ETF

HOOGBNasdaq

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Overlap

Expense ratio

PANG −0.09pt a year

HOOG0.85%PANG0.76%

Avg volume · 30D

HOOG 9.2×the volume

HOOG409KPANG44.6K

HOOG vs PANG Performance

Oct 31, 2025 – Oct 30, 2026

−83.0%HOOG+91.6%PANG

Oct 31, 2025 to Oct 30, 2026. HOOG −83.0%. PANG +91.6%. Use the arrow keys to read each point.−50%0%50%150%Oct 2025Apr 2026Oct 2026
Expense ratio
HOOG 0.85%
PANG 0.76%, better
Fund size
HOOG $30M
PANG $9M
1Y total return
HOOG −83.0%
PANG +91.6%, better
Holdings
HOOG 6
PANG 4
Avg volume (30D)
HOOG 409K sh, better
PANG 44.6K sh
NAV per share
HOOG $17.57
PANG $31.31
52W range

ETF.net Grade

HOOG: Cost 57, Risk 37, Mission 97, Tradability 82, Holdings not scored, Durability 66. PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59.
Pillar letters and Scores for HOOG, PANG, with each pillar’s weight
PillarHOOGPANG
Cost30% weightB57A70Higher
Mission25% weightA97HigherA94
Risk15% weightD37A74Higher
Tradability15% weightA82HigherA74
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. HOOG 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 HOOG 54th 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 44BMUUDirexion Daily MU Bull 2X ETFScore 59
  7. Rank 54BHOOGLeverage Shares 2x Long HOOD Daily ETFScore 58
  8. Rank 54BHUTGLeverage Shares 2X Long HUT Daily ETFScore 58

Our read on each fund

ETF.net Research

HOOGBLeverage Shares 2x Long HOOD Daily ETF

PANGALeverage Shares 2x Long PANW Daily ETF

In short

HOOG Two-for-one on the brokerage retail traders live in: HOOG aims to deliver twice Robinhood stock's daily move, reset every day, for 0.85% with no fee waiver. The issuer built it for single-day holds.

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

HOOG The fund seeks to deliver twice the daily performance of Robinhood Markets stock, before fees and expenses. It is intended for short-term, actively monitored leveraged exposure and rebalances daily.

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

  • HOOG Swap-based 2x exposure to Robinhood's daily move from a regular brokerage account, no margin account or options chain required.leverageshares.com
  • At 0.85% with no fee waiver, it sits below the typical leveraged single-stock fund, though siblings like OKTG list 0.75%.
  • Day to day it has stayed close to its stated 2x target, one of the stronger implementations among the hundreds of leveraged single-stock funds we track.
  • Moderately traded for this corner of the market, and the issuer posts the fund's full swap and cash holdings on its site.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

  • HOOG The daily reset compounds: in choppy, volatile stretches the fund can lose value even if Robinhood stock ends up flat, as the issuer spells out.leverageshares.com
  • Two times one company. Any earnings miss or headline at Robinhood lands twice as hard here as it does in the stock itself.
  • Smaller fund by assets, and this issuer has wound down single-stock ETFs that did not attract enough assets, including a batch closed in October 2026.prnewswire.com
  • 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 HOOG profile⁠

Full PANG profile⁠

HOOG 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.

HOOG vs PANG Cost

Overpaying HOOG vs PANG

$1,543

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

  • HOOG 0.85%

    $16,199

  • PANG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • HOOG 0.85%
  • 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$20K051015202530HOOG $16,199PANG $14,656

Year by year

YearHOOGPANGOverpaying
10$1,508$1,353$155
20$5,706$5,142$564
30$16,199$14,656$1,543

Expense ratio

  • 0.85%HOOG
  • 0.76%PANG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

PANG 131st cheapest of 315 funds

HOOG 150th cheapest of 315 funds

HOOG vs PANG Dividends

Last 12 months to Oct 30, 2026
Last payment
HOOG $6.69
PANG $1.30
Ex-dividend
HOOG Dec 30, 2025
PANG Dec 30, 2025
Paid on
HOOG Jan 2, 2026
PANG Jan 2, 2026
Frequency
HOOG Irregular
PANG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

HOOGIrregular · 1 paymentAll HOOG payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $6.69. 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

HOOG vs PANG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
HOOG 146.3%since Apr 2025PANG 128.2%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
HOOG 0.75since Apr 2025PANG 0.90since Apr 2025
Worst fallMax drawdown, 5 years
HOOG −86.9%since Mar 2025PANG −62.4%since Mar 2025
Market sensitivityBeta, 5 years
HOOG 6.58PANG 3.32

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