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LRNX vs PANG

Corgi LRN 2x Daily ETF

LRNXCCboe

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Overlap

Expense ratio

LRNX −0.31pt a year

LRNX0.45%PANG0.76%

Avg volume · 30D

PANG 318.7×the volume

LRNX140PANG44.6K

LRNX vs PANG Performance

Jul 31, 2026 – Oct 30, 2026

−10.1%LRNX+7.0%PANG

Jul 31, 2026 to Oct 30, 2026. LRNX −10.1%. PANG +7.0%. Use the arrow keys to read each point.0%20%30%40%Jul 2026Sep 2026Oct 2026
Expense ratio
LRNX 0.45%, better
PANG 0.76%
Fund size
LRNX $0
PANG $9M
1Y total return
LRNX No data
PANG +91.6%
Holdings
LRNX 1
PANG 4
Avg volume (30D)
LRNX 140 sh
PANG 44.6K sh, better
NAV per share
LRNX $19.83
PANG $31.31
52W range

ETF.net Grade

LRNX: Cost 88, Risk 76, Mission not scored, Tradability 14, Holdings not scored, Durability 22. PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59.
Pillar letters and Scores for LRNX, PANG, with each pillar’s weight
PillarLRNXPANG
Cost30% weightA88HigherA70
Mission25% weightNot scoredA94
Risk15% weightA76HigherA74
Tradability15% weightF14A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightF22B59Higher

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. LRNX 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 LRNX 123rd 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 123CLRCCCorgi LRCX 2x Daily ETFScore 40
  7. Rank 123CLRNXCorgi LRN 2x Daily ETFScore 40
  8. Rank 123CMCHGLeverage Shares 2X Long MCHP Daily ETFScore 40

Our read on each fund

ETF.net Research

LRNXCCorgi LRN 2x Daily ETF

PANGALeverage Shares 2x Long PANW Daily ETF

In short

LRNX 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

LRNX 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

LRNX 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

LRNX 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 LRNX profile⁠

Full PANG profile⁠

LRNX 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.

LRNX vs PANG Cost

Overpaying PANG vs LRNX

$5,615

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

  • LRNX 0.45%

    $9,041

  • PANG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • LRNX 0.45%
  • 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$15K051015202530PANG $14,656LRNX $9,041

Year by year

YearLRNXPANGOverpaying
10$812$1,353$541
20$3,128$5,142$2,014
30$9,041$14,656$5,615

Expense ratio

  • 0.45%LRNX, cheaper
  • 0.76%PANG
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

LRNX 7th cheapest of 315 funds

PANG 131st cheapest of 315 funds

LRNX vs PANG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

LRNXAll LRNX 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

LRNX vs PANG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

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

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