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LITX vs PANG

Tradr 2X Long LITE Daily ETF

LITXCCboe

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Overlap

Expense ratio

PANG −0.73pt a year

LITX1.49%PANG0.76%

Avg volume · 30D

LITX 69.3×the volume

LITX3.09MPANG44.6K

LITX vs PANG Performance

Jul 31, 2026 – Oct 30, 2026

+9.2%LITX+7.0%PANG

Jul 31, 2026 to Oct 30, 2026. LITX +9.2%. PANG +7.0%. Use the arrow keys to read each point.25%50%75%100%Jul 2026Sep 2026Oct 2026
Expense ratio
LITX 1.49%
PANG 0.76%, better
Fund size
LITX $216M
PANG $9M
1Y total return
LITX No data
PANG +91.6%
Holdings
LITX 2
PANG 4
Avg volume (30D)
LITX 3.09M sh, better
PANG 44.6K sh
NAV per share
LITX $23.24
PANG $31.31
52W range

ETF.net Grade

LITX: Cost 11, Risk 55, Mission 79, Tradability 87, Holdings not scored, Durability 67. PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59.
Pillar letters and Scores for LITX, PANG, with each pillar’s weight
PillarLITXPANG
Cost30% weightF11A70Higher
Mission25% weightA79A94Higher
Risk15% weightB55A74Higher
Tradability15% weightA87HigherA74
Holdings10% weightNot scoredNot scored
Durability5% weightB67HigherB59

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. LITX 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 LITX 111th 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 111CCRWLGraniteShares 2x Long CRWD Daily ETFScore 43
  7. Rank 111CLITXTradr 2X Long LITE Daily ETFScore 43
  8. Rank 111CPURDefiance Daily Target 2X Long PURR ETFScore 43

Our read on each fund

ETF.net Research

LITXCTradr 2X Long LITE Daily ETF

PANGALeverage Shares 2x Long PANW Daily ETF

In short

LITX One stock, one day. LITX aims to deliver about two times the daily move of Lumentum Holdings shares, before fees. No basket, no hedge, no diversification, and the math resets every session.

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

LITX The fund seeks daily investment results corresponding to approximately two times the daily performance of Lumentum Holdings, Inc. common shares, before fees and expenses, for a single trading day.

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

  • LITX The mandate is blunt and easy to check: roughly 2x the daily move of Lumentum Holdings stock, before fees and expenses, over a single trading day.
  • It is a 1940 Act registered fund, not an exchange-traded note, so there is no bank issuer's credit sitting behind the leverage.tradretfs.com
  • Leverage arrives pre-packaged in a normal brokerage ticket: no margin agreement, no options chain, no financing to roll yourself.
  • 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

  • LITX The exposure resets daily. Hold past one session and the path of the stock, not just its direction, drives the result, which can drift well away from 2x.
  • At 1.49% a year, the fee sits above much of the 2x single-stock field: GGLL and AAPU charge 0.96%, ASMG and UNHG 0.75%.
  • A 2026 launch and one of the thinner-traded names in a crowded category: wider spreads and a short record are both part of the deal.
  • 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 LITX profile⁠

Full PANG profile⁠

LITX 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.

LITX vs PANG Cost

Overpaying LITX vs PANG

$11,485

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

  • LITX 1.49%

    $26,141

  • PANG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • LITX 1.49%
  • 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$30K051015202530LITX $26,141PANG $14,656

Year by year

YearLITXPANGOverpaying
10$2,574$1,353$1,221
20$9,464$5,142$4,322
30$26,141$14,656$11,485

Expense ratio

  • 1.49%LITX
  • 0.76%PANG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

PANG 131st cheapest of 315 funds

LITX 263rd cheapest of 315 funds

LITX vs PANG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

LITXAll LITX 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

LITX vs PANG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
LITX No dataPANG 128.2%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
LITX No dataPANG 0.90since Apr 2025
Worst fallMax drawdown, 5 years
LITX No dataPANG −62.4%since Mar 2025
Market sensitivityBeta, 5 years
LITX 1.11PANG 3.32

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