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LMTL vs PANG

Direxion Daily LMT Bull 2X ETF

LMTLCNasdaq

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Overlap

Expense ratio

PANG −0.31pt a year

LMTL1.07%PANG0.76%

Avg volume · 30D

PANG 1.9×the volume

LMTL22.9KPANG44.6K

LMTL vs PANG Performance

Oct 31, 2025 – Nov 2, 2026

+48.3%LMTL+76.3%PANG

Oct 31, 2025 to Nov 2, 2026. LMTL +48.3%. PANG +76.3%. Use the arrow keys to read each point.−50%0%150%Oct 2025May 2026Nov 2026
Expense ratio
LMTL 1.07%
PANG 0.76%, better
Fund size
LMTL $8M
PANG $9M
1Y total return
LMTL +48.3%
PANG +76.3%, better
Yield (12M)
LMTL 3.35%
PANG No data
Holdings
LMTL 10
PANG 4
Avg volume (30D)
LMTL 22.9K sh
PANG 44.6K sh, better
NAV per share
LMTL $44.71
PANG $31.31
52W range

ETF.net Grade

LMTL: Cost 40, Risk 83, Mission not scored, Tradability 42, Holdings not scored, Durability 65. PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59.
Pillar letters and Scores for LMTL, PANG, with each pillar’s weight
PillarLMTLPANG
Cost30% weightC40A70Higher
Mission25% weightNot scoredA94
Risk15% weightA83HigherA74
Tradability15% weightC42A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB65HigherB59

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. LMTL 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 LMTL 78th 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 78CBTCUDirexion Daily Bitcoin Bull 2X ETFScore 52
  7. Rank 78CLMTLDirexion Daily LMT Bull 2X ETFScore 52
  8. Rank 78CLRCUTradr 2X Long LRCX Daily ETFScore 52

Our read on each fund

ETF.net Research

LMTLCDirexion Daily LMT Bull 2X ETF

PANGALeverage Shares 2x Long PANW Daily ETF

In short

LMTL 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

LMTL 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

LMTL 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

LMTL 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 LMTL profile⁠

Full PANG profile⁠

LMTL 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.

LMTL vs PANG Cost

Overpaying LMTL vs PANG

$5,159

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

  • LMTL 1.07%

    $19,815

  • PANG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • LMTL 1.07%
  • 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$20K051015202530LMTL $19,815PANG $14,656

Year by year

YearLMTLPANGOverpaying
10$1,881$1,353$528
20$7,046$5,142$1,904
30$19,815$14,656$5,159

Expense ratio

  • 1.07%LMTL
  • 0.76%PANG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

PANG 131st cheapest of 315 funds

LMTL 213th cheapest of 315 funds

LMTL vs PANG Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
LMTL 3.35%
PANG No data
Payout (12M)
LMTL $1.53
PANG No data
Last payment
LMTL $0.27
PANG $1.30
Ex-dividend
LMTL Sep 22, 2026
PANG Dec 30, 2025
Paid on
LMTL Sep 29, 2026
PANG Jan 2, 2026
Frequency
LMTL Quarterly
PANG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

LMTLQuarterly · 6 paymentsAll LMTL payments⁠
One bar per payment. 6 payments from 2025 to 2026 YTD. Sep 23, 2025 $0.10; Dec 10, 2025 $0.65; Dec 23, 2025 $0.20; Mar 24, 2026 $0.17; Jun 23, 2026 $0.23; Sep 22, 2026 $0.27. Use the arrow keys to read each point.$0$12026YTD
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

LMTL vs PANG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
LMTL 95.9%since Sep 2025PANG 128.2%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
LMTL 0.81since Sep 2025PANG 0.90since Apr 2025
Worst fallMax drawdown, 5 years
LMTL −50.1%since Aug 2025PANG −62.4%since Mar 2025
Market sensitivityBeta, 5 years
LMTL −0.88PANG 3.32

Popular comparisons

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