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INFH vs PANG

Defiance Daily Target 2X Long INFQ ETF

INFHDCboe

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Overlap

Expense ratio

PANG −0.55pt a year

INFH1.31%PANG0.76%

Avg volume · 30D

INFH 5.6×the volume

INFH252KPANG44.6K

INFH vs PANG Performance

Jul 31, 2026 – Oct 30, 2026

−37.2%INFH+7.0%PANG

Jul 31, 2026 to Oct 30, 2026. INFH −37.2%. PANG +7.0%. Use the arrow keys to read each point.25%50%75%100%Jul 2026Sep 2026Oct 2026
Expense ratio
INFH 1.31%
PANG 0.76%, better
Fund size
INFH $3M
PANG $9M
1Y total return
INFH No data
PANG +91.6%
Holdings
INFH 7
PANG 4
Avg volume (30D)
INFH 252K sh, better
PANG 44.6K sh
NAV per share
INFH $3.27
PANG $31.31
52W range

ETF.net Grade

INFH: Cost 25, Risk 29, Mission not scored, Tradability 48, Holdings not scored, Durability 49. PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59.
Pillar letters and Scores for INFH, PANG, with each pillar’s weight
PillarINFHPANG
Cost30% weightD25A70Higher
Mission25% weightNot scoredA94
Risk15% weightD29A74Higher
Tradability15% weightC48A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC49B59Higher

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. INFH 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 INFH 270th 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 264DVRTLGraniteShares 2x Long VRT Daily ETFScore 34
  7. Rank 270DINFHDefiance Daily Target 2X Long INFQ ETFScore 33
  8. Rank 271DAPHUT-REX 2X Long APH Daily Target ETFScore 32

Our read on each fund

ETF.net Research

INFHDDefiance Daily Target 2X Long INFQ ETF

PANGALeverage Shares 2x Long PANW Daily ETF

In short

INFH Infleqtion is the first neutral-atom quantum company to trade publicly. INFH is the first fund built to double it, aiming for 200% of INFQ's daily move, reset every day. A trading tool, not a buy-and-hold quantum bet.

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

INFH The fund seeks to provide 200% of the daily performance of INFQ, for tactical bullish exposure to quantum-technology innovation and related developments.

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

  • INFH The only 2x daily long wrapper on Infleqtion: magnified exposure in a plain brokerage account, no margin agreement or options chain required.globenewswire.com
  • The mechanism is stated up front: 200% of INFQ's one-day move, reset each day, inside a registered 1940 Act fund rather than a swap line or margin account.defianceetfs.com
  • Unusually specific underlying. Infleqtion builds neutral-atom quantum computers, sensing systems and optical clocks for government, defense and aerospace buyers.defianceetfs.comnasdaq.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

  • INFH Daily reset means multi-day results compound. Defiance states results over longer periods are very likely to differ from 200% of INFQ, and a full loss is possible in one day.globenewswire.com
  • At 1.31%, the fee sits above the middle of the daily 2x single-stock pack, where rivals like STXL, POEL and VSTL run much cheaper.
  • A small, moderately traded fund on a stock that only began trading after a 2026 SPAC merger, and it is built for trading rather than income.defianceetfs.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 INFH profile⁠

Full PANG profile⁠

INFH 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.

INFH vs PANG Cost

Overpaying INFH vs PANG

$8,863

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

  • INFH 1.31%

    $23,519

  • PANG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • INFH 1.31%
  • 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$25K051015202530INFH $23,519PANG $14,656

Year by year

YearINFHPANGOverpaying
10$2,280$1,353$927
20$8,450$5,142$3,308
30$23,519$14,656$8,863

Expense ratio

  • 1.31%INFH
  • 0.76%PANG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

PANG 131st cheapest of 315 funds

INFH 236th cheapest of 315 funds

INFH vs PANG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

INFHAll INFH 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

INFH vs PANG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

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

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