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HOOX vs PANG

Daily Target 2X Long HOOD ETF

HOOXBNasdaq

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Overlap

Expense ratio

HOOX −0.08pt a year

HOOX0.68%PANG0.76%

Avg volume · 30D

PANG 1.1×the volume

HOOX41.3KPANG44.6K

HOOX vs PANG Performance

Oct 31, 2025 – Oct 30, 2026

−83.3%HOOX+91.6%PANG

Oct 31, 2025 to Oct 30, 2026. HOOX −83.3%. PANG +91.6%. Use the arrow keys to read each point.−50%0%50%150%Oct 2025Apr 2026Oct 2026
Expense ratio
HOOX 0.68%, better
PANG 0.76%
Fund size
HOOX $8M
PANG $9M
1Y total return
HOOX −83.3%
PANG +91.6%, better
Holdings
HOOX 9
PANG 4
Avg volume (30D)
HOOX 41.3K sh
PANG 44.6K sh, better
NAV per share
HOOX $19.78
PANG $31.31
52W range

ETF.net Grade

HOOX: Cost 78, Risk 37, Mission 92, Tradability 55, Holdings not scored, Durability 65. PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59.
Pillar letters and Scores for HOOX, PANG, with each pillar’s weight
PillarHOOXPANG
Cost30% weightA78HigherA70
Mission25% weightA92A94Higher
Risk15% weightD37A74Higher
Tradability15% weightB55A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB65HigherB59

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. HOOX 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 HOOX 29th 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 25BTSMXDirexion Daily TSM Bull 2X ETFScore 63
  7. Rank 29BHOOXDaily Target 2X Long HOOD ETFScore 62
  8. Rank 29BMSFUDirexion Daily MSFT Bull 2X SharesScore 62

Our read on each fund

ETF.net Research

HOOXBDaily Target 2X Long HOOD ETF

PANGALeverage Shares 2x Long PANW Daily ETF

In short

HOOX Two times Robinhood's daily move, no margin account required. HOOX has been running this trade since March 2025 at 0.68%, the cheaper of the two 2x HOOD funds, with leverage that resets every trading 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

HOOX The Fund seeks daily leveraged investment results equal to two times the daily percentage change in the share price of Robinhood Markets, Inc.

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

  • HOOX Flat 0.68%, below the category median, with no waiver expiry to track. The other 2x HOOD fund, HODU, lists 0.99% gross and 0.97% net of a waiver through September 1, 2027.
  • Live since March 2025 and has hewed closely to its stated 2x daily target, one of the stronger implementations in a crowded leveraged single-stock field.
  • Doubled HOOD exposure from a plain brokerage account: no margin agreement, no options chain, no financing to arrange. One ticker, one trade.nasdaq.comdefianceetfs.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

  • HOOX The leverage resets daily. Hold past one session and compounding takes over, so multi-day results can land well off 2x the stock's move, especially in a choppy tape.defianceetfs.com
  • One stock, doubled. A Robinhood earnings print, a swing in trading volumes or a regulatory headline lands here at twice the force, in both directions.
  • A smaller, moderately traded fund rather than a liquidity giant, so bid-ask spreads can widen exactly when HOOD is moving fast.
  • 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 HOOX profile⁠

Full PANG profile⁠

HOOX 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.

HOOX vs PANG Cost

Overpaying PANG vs HOOX

$1,404

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

  • HOOX 0.68%

    $13,252

  • PANG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • HOOX 0.68%
  • 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$15K051015202530PANG $14,656HOOX $13,252

Year by year

YearHOOXPANGOverpaying
10$1,215$1,353$138
20$4,633$5,142$509
30$13,252$14,656$1,404

Expense ratio

  • 0.68%HOOX, cheaper
  • 0.76%PANG
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

HOOX 85th cheapest of 315 funds

PANG 131st cheapest of 315 funds

HOOX vs PANG Dividends

Last 12 months to Oct 30, 2026
Last payment
HOOX $8.76
PANG $1.30
Ex-dividend
HOOX Dec 30, 2025
PANG Dec 30, 2025
Paid on
HOOX Dec 31, 2025
PANG Jan 2, 2026
Frequency
HOOX Irregular
PANG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

HOOXIrregular · 1 paymentAll HOOX payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $8.76. Use the arrow keys to read each point.$0$102026YTD
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$102026YTD

HOOX vs PANG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
HOOX 146.9%since Apr 2025PANG 128.2%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
HOOX 0.74since Apr 2025PANG 0.90since Apr 2025
Worst fallMax drawdown, 5 years
HOOX −87.1%since Mar 2025PANG −62.4%since Mar 2025
Market sensitivityBeta, 5 years
HOOX 6.69PANG 3.32

Popular comparisons

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