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HYNX vs PANG

T-REX 2X Long SK Hynix Daily Target ETF

HYNXCNYSE Arca

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Overlap

0.0%by weight

Expense ratio

PANG −0.49pt a year

HYNX1.25%PANG0.76%

Avg volume · 30D

HYNX 16.1×the volume

HYNX718KPANG44.6K

HYNX vs PANG Performance

Jul 31, 2026 – Nov 2, 2026

−11.0%HYNX−1.5%PANG

Jul 31, 2026 to Nov 2, 2026. HYNX −11.0%. PANG −1.5%. Use the arrow keys to read each point.20%40%60%80%Jul 2026Sep 2026Nov 2026
Expense ratio
HYNX 1.25%
PANG 0.76%, better
Fund size
HYNX $31M
PANG $9M
1Y total return
HYNX No data
PANG +76.3%
Holdings
HYNX 2
PANG 4
Avg volume (30D)
HYNX 718K sh, better
PANG 44.6K sh
NAV per share
HYNX $17.18
PANG $31.31
52W range

ETF.net Grade

HYNX: Cost 36, Risk 57, Mission not scored, Tradability 57, Holdings not scored, Durability 53. PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59.
Pillar letters and Scores for HYNX, PANG, with each pillar’s weight
PillarHYNXPANG
Cost30% weightD36A70Higher
Mission25% weightNot scoredA94
Risk15% weightB57A74Higher
Tradability15% weightB57A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC53B59Higher

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. HYNX 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 HYNX 97th 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 95CNVOXDefiance Daily Target 2X Long NVO ETFScore 47
  7. Rank 97CHYNXT-REX 2X Long SK Hynix Daily Target ETFScore 46
  8. Rank 97CMSTUT-REX 2X Long MSTR Daily Target ETFScore 46

Our read on each fund

ETF.net Research

HYNXCT-REX 2X Long SK Hynix Daily Target ETF

PANGALeverage Shares 2x Long PANW Daily ETF

In short

HYNX 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

HYNX 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

HYNX 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

HYNX 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 HYNX profile⁠

Full PANG profile⁠

HYNX vs PANG Holdings

How HYNX and PANG differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of HYNX and 0.0% of PANG.

Level by level

  • Holdings0 in both0.0%
  • Asset classEquity100%

Sector

No Sector split for HYNX and PANG.

Country, concentration and asset class

Country by domicile

No country split for HYNX.

Concentration

Weight in the 10 largest Holdings

  • HYNX342.2%
  • PANG210.1%

Securities held

  • HYNX1
  • PANG1

Asset class

HYNX
Equity
PANG
Equity

Holdings

  • Only in HYNX1
  • In both0
  • Only in PANG1

Only in HYNX

1 security, 100% of HYNX by weight

  • Recv Hynx Trs Skhy Eq215.92%

Only in PANG

1 security, 10.0% of PANG by weight

  • First American Treasury Obligations Fund 01/01/204010.04%

Weight gaps

HYNX and PANG share no securities.

All 3 HYNX holdings⁠All 4 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.

HYNX vs PANG Cost

Overpaying HYNX vs PANG

$7,959

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

  • HYNX 1.25%

    $22,615

  • PANG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • HYNX 1.25%
  • 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$25K051015202530HYNX $22,615PANG $14,656

Year by year

YearHYNXPANGOverpaying
10$2,181$1,353$828
20$8,105$5,142$2,963
30$22,615$14,656$7,959

Expense ratio

  • 1.25%HYNX
  • 0.76%PANG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

PANG 131st cheapest of 315 funds

HYNX 228th cheapest of 315 funds

HYNX vs PANG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

HYNXAll HYNX 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

HYNX vs PANG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
HYNX No dataPANG 128.2%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
HYNX No dataPANG 0.90since Apr 2025
Worst fallMax drawdown, 5 years
HYNX No dataPANG −62.4%since Mar 2025
Market sensitivityBeta, 5 years
HYNX 0.00PANG 3.32

HYNX and PANG in the news

All news⁠

Popular comparisons

  • HYNXCvsTSMGA

    T-REX 2X Long SK Hynix Daily Target ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    1.25% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PANGAvsTSMGA

    Leverage Shares 2x Long PANW Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    0.76% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • HYNXCvsUNHGA

    T-REX 2X Long SK Hynix Daily Target ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    1.25% · 0.77%
    Category
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  • PANGAvsUNHGA

    Leverage Shares 2x Long PANW Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    0.76% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • HYNXCvsOKTGA

    T-REX 2X Long SK Hynix Daily Target ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    1.25% · 0.75%
    Category
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  • PANGAvsOKTGA

    Leverage Shares 2x Long PANW Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    0.76% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.