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PANG vs PLU

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Daily Target 2X Long PL ETF

PLUDCboe

Overlap

Expense ratio

PANG −0.66pt a year

PANG0.76%PLU1.42%

Avg volume · 30D

PLU 4.9×the volume

PANG44.6KPLU217K

PANG vs PLU Performance

Jul 31, 2026 – Nov 2, 2026

−1.5%PANG−67.5%PLU

Jul 31, 2026 to Nov 2, 2026. PANG −1.5%. PLU −67.5%. Use the arrow keys to read each point.−50%−25%25%50%Jul 2026Sep 2026Nov 2026
Expense ratio
PANG 0.76%, better
PLU 1.42%
Fund size
PANG $9M
PLU $5M
1Y total return
PANG +76.3%
PLU No data
Holdings
PANG 4
PLU 9
Avg volume (30D)
PANG 44.6K sh
PLU 217K sh, better
NAV per share
PANG $31.31
PLU $2.82
52W range

ETF.net Grade

PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59. PLU: Cost 20, Risk 34, Mission 93, Tradability 44, Holdings not scored, Durability 56.
Pillar letters and Scores for PANG, PLU, with each pillar’s weight
PillarPANGPLU
Cost30% weightA70HigherF20
Mission25% weightA94HigherA93
Risk15% weightA74HigherD34
Tradability15% weightA74HigherC44
Holdings10% weightNot scoredNot scored
Durability5% weightB59HigherB56

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. PANG and PLU 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 PLU 272nd 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 272DPDDLGraniteShares 2x Long PDD Daily ETFScore 31
  7. Rank 272DPLUDaily Target 2X Long PL ETFScore 31
  8. Rank 275DBBULGraniteShares 2x Long BB Daily ETFScore 30

Our read on each fund

ETF.net Research

PANGALeverage Shares 2x Long PANW Daily ETF

PLUDDaily Target 2X Long PL ETF

In short

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.

PLU The first 2X daily ETF on Planet Labs, the satellite outfit that photographs the whole Earth every day. It aims for twice PL's daily percentage move and resets at every close, one trading day at a time.

Stated mandate

PANG The ETF seeks daily investment results, before fees and expenses, equal to 200% of the daily performance of Palo Alto Networks, Inc. stock.

PLU The Fund seeks daily investment results equal to two times the daily percentage change in Planet Labs PBC’s share price, before fees and expenses. It is designed for short-term use and does not target results over periods longer than one trading day.

Why people hold it

  • 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
  • PLU Packages 2X daily exposure to Planet Labs in plain ETF shares, so a geospatial-data trade needs no margin account and no options chain.nasdaq.com
  • Does what it says on the tin: swaps sized to twice PL's daily percentage change, and the fund has tracked that one-day target closely since launch.defianceetfs.com
  • Built in the standard 1940 Act ETF wrapper, so the position trades in an ordinary brokerage account through the day like any other share.defianceetfs.com

Worth knowing

  • 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.
  • PLU The 1.42% fee sits above the category median and well above 2X single-stock peers like TSMG at 0.76% and OKTG at 0.75%.
  • Daily reset means multi-day results depend on the path PL takes, not just the destination; choppy stretches can grind value down even if the stock round-trips.defianceetfs.com
  • Young fund (2026 launch), small asset base, moderate trading volume, and a single small-cap reference: no diversification cushion here.

Full PANG profile⁠

Full PLU profile⁠

PANG vs PLU 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.

PANG vs PLU Cost

Overpaying PLU vs PANG

$10,481

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

  • PANG 0.76%

    $14,656

  • PLU 1.42%

    $25,137

$10,000
30 years

Cost over time

  • PANG 0.76%
  • PLU 1.42%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530PLU $25,137PANG $14,656

Year by year

YearPANGPLUOverpaying
10$1,353$2,460$1,107
20$5,142$9,074$3,932
30$14,656$25,137$10,481

Expense ratio

  • 0.76%PANG, cheaper
  • 1.42%PLU
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

PANG 131st cheapest of 315 funds

PLU 259th cheapest of 315 funds

PANG vs PLU Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

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
PLUAll PLU payments⁠

No distribution history available.

PANG vs PLU Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
PANG 128.2%since Apr 2025PLU No data
Return per unit of riskSharpe ratio, 3 years
PANG 0.90since Apr 2025PLU No data
Worst fallMax drawdown, 5 years
PANG −62.4%since Mar 2025PLU No data
Market sensitivityBeta, 5 years
PANG 3.32PLU 6.70

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