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ORCU vs PANG

Direxion Daily ORCL Bull 2X ETF

ORCUBNasdaq

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Overlap

Expense ratio

PANG −0.21pt a year

ORCU0.97%PANG0.76%

Avg volume · 30D

ORCU 121.7×the volume

ORCU5.43MPANG44.6K

ORCU vs PANG Performance

Dec 31, 2025 – Oct 30, 2026

−68.5%ORCU+183.4%PANG

Dec 31, 2025 to Oct 30, 2026. ORCU −68.5%. PANG +183.4%. Use the arrow keys to read each point.0%100%300%Dec 2025Jun 2026Oct 2026
Expense ratio
ORCU 0.97%
PANG 0.76%, better
Fund size
ORCU $130M
PANG $9M
1Y total return
ORCU No data
PANG +91.6%
Holdings
ORCU 10
PANG 4
Avg volume (30D)
ORCU 5.43M sh, better
PANG 44.6K sh
NAV per share
ORCU $6.53
PANG $31.31
52W range

ETF.net Grade

ORCU: Cost 54, Risk 45, Mission 94, Tradability 65, Holdings not scored, Durability 76. PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59.
Pillar letters and Scores for ORCU, PANG, with each pillar’s weight
PillarORCUPANG
Cost30% weightC54A70Higher
Mission25% weightA94A94
Risk15% weightC45A74Higher
Tradability15% weightB65A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA76HigherB59

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. ORCU 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 ORCU 62nd 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 62BCRCAProShares Ultra CRCLScore 56
  7. Rank 62BORCUDirexion Daily ORCL Bull 2X ETFScore 56
  8. Rank 62BPALUDirexion Daily PANW Bull 2X ETFScore 56

Our read on each fund

ETF.net Research

ORCUBDirexion Daily ORCL Bull 2X ETF

PANGALeverage Shares 2x Long PANW Daily ETF

In short

ORCU Two times Oracle's daily move, rebuilt with swaps every session. Direxion arrived second to this trade and came in cheaper: 0.97% net of a waiver through September 1, 2027, undercutting the only other 2x Oracle fund.

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

ORCU The fund seeks daily investment results equal to 200% of the performance of Oracle Corporation common shares, 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

  • ORCU Fee is 0.97% net of a waiver through September 1, 2027 (0.99% gross), below ORCX's 1.31% for the same 2x Oracle trade and near the median for leveraged single-stock funds.
  • Plain plumbing: at least 80% of net assets in Oracle shares and swaps built to deliver 200% of the stock's daily percentage move, before fees.direxion.com
  • Has hit its stated 200% daily target closely since launch, among the tighter implementations in the leveraged single-stock group.
  • Heavily traded for a young fund, and Direxion lists a 1X bear fund on the same stock (ORCS), so both sides of the Oracle trade sit under one roof.direxion.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

  • ORCU The 2x target resets daily. Hold longer than a day and returns compound off each new base, which can drift far from twice Oracle's move over the stretch, especially in choppy tape.direxion.com
  • One company, double the swing. No diversification cushion here: an Oracle earnings night or guidance cut lands at twice the speed, in both directions.
  • Launched in 2025, so the track record is short, and it pays distributions quarterly rather than monthly.
  • 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 ORCU profile⁠

Full PANG profile⁠

ORCU 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.

ORCU vs PANG Cost

Overpaying ORCU vs PANG

$3,542

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

  • ORCU 0.97%

    $18,198

  • PANG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • ORCU 0.97%
  • 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$20K051015202530ORCU $18,198PANG $14,656

Year by year

YearORCUPANGOverpaying
10$1,712$1,353$359
20$6,443$5,142$1,301
30$18,198$14,656$3,542

Expense ratio

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

PANG 131st cheapest of 315 funds

ORCU 156th cheapest of 315 funds

ORCU vs PANG Dividends

Last 12 months to Oct 30, 2026
Last payment
ORCU $0.04
PANG $1.30
Ex-dividend
ORCU Sep 22, 2026
PANG Dec 30, 2025
Paid on
ORCU Sep 29, 2026
PANG Jan 2, 2026
Frequency
ORCU Quarterly
PANG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

ORCUQuarterly · 4 paymentsAll ORCU payments⁠
One bar per payment. 4 payments from 2025 to 2026 YTD. Dec 23, 2025 $0.03; Mar 24, 2026 $0.07; Jun 23, 2026 $0.06; Sep 22, 2026 $0.04. 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

ORCU vs PANG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ORCU No dataPANG 128.2%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
ORCU No dataPANG 0.90since Apr 2025
Worst fallMax drawdown, 5 years
ORCU No dataPANG −62.4%since Mar 2025
Market sensitivityBeta, 5 years
ORCU 5.13PANG 3.32

Popular comparisons

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