LINT vs PANG

LINTBDirexion Daily INTC Bull 2X ETF

PANGALeverage Shares 2x Long PANW Daily ETF

In short

LINT Two times Intel's daily move, reset every night, from the issuer that made leveraged ETFs a day-trader staple. One stock, one lever, no index to hide behind.

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

LINT The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Intel Corporation common shares.

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

• LINT The mandate is one line: 200% of INTC's daily move, before fees. Direxion gets there mostly through swap agreements and rebalances the exposure daily.sec.gov
• 0.97% net (0.99% gross, net of a waiver through September 1, 2027), near the category median for leveraged single-stock funds.
• 2x, not 3x. The nightly reset still compounds, but the daily swings are half those of a triple-leveraged wrapper on the same stock.direxion.com
• Hugs its 2x daily target closely, one of the stronger implementations on the leveraged single-stock shelf.

• 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

• LINT Hold past the close and compounding takes over: in choppy stretches, returns can trail 2x Intel's move for the period, even if the stock lands back where it started.sec.gov
• One company, one industry. Intel earnings, foundry headlines and guidance cuts all land here at double speed, with nothing else in the basket to soften them.sec.gov
• Cheaper options exist among top-graded peers: OKTG at 0.75% and TSMG at 0.76%, neither relying on a waiver.

• 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 LINT profile⁠

Full PANG profile⁠