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ISUL vs PANG

GraniteShares 2x Long ISRG Daily ETF

ISULDNasdaq

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Overlap

Expense ratio

PANG −0.77pt a year

ISUL1.53%PANG0.76%

Avg volume · 30D

ISUL 1.5×the volume

ISUL68.8KPANG44.6K

ISUL vs PANG Performance

Oct 31, 2025 – Oct 30, 2026

−47.0%ISUL+91.6%PANG

Oct 31, 2025 to Oct 30, 2026. ISUL −47.0%. PANG +91.6%. Use the arrow keys to read each point.0%50%150%Oct 2025Apr 2026Oct 2026
Expense ratio
ISUL 1.53%
PANG 0.76%, better
Fund size
ISUL $10M
PANG $9M
1Y total return
ISUL −47.0%
PANG +91.6%, better
Holdings
ISUL 2
PANG 4
Avg volume (30D)
ISUL 68.8K sh, better
PANG 44.6K sh
NAV per share
ISUL $19.67
PANG $31.31
52W range

ETF.net Grade

ISUL: Cost 3, Risk 58, Mission 94, Tradability 75, Holdings not scored, Durability 63. PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59.
Pillar letters and Scores for ISUL, PANG, with each pillar’s weight
PillarISULPANG
Cost30% weightF3A70Higher
Mission25% weightA94A94
Risk15% weightB58A74Higher
Tradability15% weightA75HigherA74
Holdings10% weightNot scoredNot scored
Durability5% weightB63HigherB59

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. ISUL 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 ISUL 255th 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 255DGMEUT-Rex 2X Long GME Daily Target ETFScore 37
  7. Rank 255DISULGraniteShares 2x Long ISRG Daily ETFScore 37
  8. Rank 255DPULGraniteShares 2x Long P Daily ETFScore 37

Our read on each fund

ETF.net Research

ISULDGraniteShares 2x Long ISRG Daily ETF

PANGALeverage Shares 2x Long PANW Daily ETF

In short

ISUL ISUL points 2x daily leverage at Intuitive Surgical, the medical-device maker, and resets every session. A one-day trading tool aimed at the operating room instead of another mega-cap tech name.

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

ISUL The Fund seeks daily investment results equal to 2 times the daily percentage change of Intuitive Surgical, Inc.'s common stock, before fees and expenses.

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

  • ISUL The mandate is narrow and literal: 2 times the daily percentage move of Intuitive Surgical stock, before fees. No basket, no index committee, no mystery about what drives it.graniteshares.com
  • It has tracked that stated 2x daily target closely, which is the entire job description for a leveraged single-stock fund.
  • Leverage pointed at a medical-device maker, a less crowded target than the mega-cap tech tickers that dominate the leveraged single-stock shelf.
  • Built as a registered 1940 Act fund rather than an exchange-traded note, so there is no bank credit risk sitting behind the exposure.graniteshares.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

  • ISUL The 2x objective resets daily. Hold longer and compounding takes over, so multi-day results can drift well away from 2x the stock's move, especially in choppy tape.
  • At 1.50% a year it sits above the typical fee in its peer group, where several 2x single-stock competitors charge closer to 0.75%.
  • A 2025 launch with moderate trading volume, so spreads and limit orders matter more here than with the household-name leveraged funds. It is not an income vehicle.
  • 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 ISUL profile⁠

Full PANG profile⁠

ISUL 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.

ISUL vs PANG Cost

Overpaying ISUL vs PANG

$12,050

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

  • ISUL 1.53%

    $26,706

  • PANG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • ISUL 1.53%
  • PANG 0.76%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530ISUL $26,706PANG $14,656

Year by year

YearISULPANGOverpaying
10$2,639$1,353$1,286
20$9,685$5,142$4,543
30$26,706$14,656$12,050

Expense ratio

  • 1.53%ISUL
  • 0.76%PANG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

PANG 131st cheapest of 315 funds

ISUL 301st cheapest of 315 funds

ISUL vs PANG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

ISULAll ISUL 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

ISUL vs PANG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ISUL 50.4%since Nov 2025PANG 128.2%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
ISUL −1.06since Nov 2025PANG 0.90since Apr 2025
Worst fallMax drawdown, 5 years
ISUL −72.2%since Oct 2025PANG −62.4%since Mar 2025
Market sensitivityBeta, 5 years
ISUL 0.40PANG 3.32

Popular comparisons

  • ISULDvsTSMGA

    GraniteShares 2x Long ISRG Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    1.53% · 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
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  • ISULDvsUNHGA

    GraniteShares 2x Long ISRG Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    1.53% · 0.77%
    Category
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  • PANGAvsUNHGA

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    Expense ratio
    0.76% · 0.77%
    Category
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  • ISULDvsOKTGA

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    Expense ratio
    1.53% · 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
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