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PANG vs RBLU

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

T-Rex 2X Long RBLX Daily Target ETF

RBLUDCboe

Overlap

Expense ratio

PANG −0.29pt a year

PANG0.76%RBLU1.05%

Avg volume · 30D

RBLU 9.9×the volume

PANG44.6KRBLU443K

PANG vs RBLU Performance

Oct 31, 2025 – Nov 2, 2026

+76.3%PANG−93.6%RBLU

Oct 31, 2025 to Nov 2, 2026. PANG +76.3%. RBLU −93.6%. Use the arrow keys to read each point.−50%0%150%Oct 2025May 2026Nov 2026
Expense ratio
PANG 0.76%, better
RBLU 1.05%
Fund size
PANG $9M
RBLU $7M
1Y total return
PANG +76.3%, better
RBLU −93.6%
Holdings
PANG 4
RBLU 3
Avg volume (30D)
PANG 44.6K sh
RBLU 443K sh, better
NAV per share
PANG $31.31
RBLU $3.95
52W range

ETF.net Grade

PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59. RBLU: Cost 42, Risk 27, Mission not scored, Tradability 39, Holdings not scored, Durability 65.
Pillar letters and Scores for PANG, RBLU, with each pillar’s weight
PillarPANGRBLU
Cost30% weightA70HigherC42
Mission25% weightA94Not scored
Risk15% weightA74HigherD27
Tradability15% weightA74HigherD39
Holdings10% weightNot scoredNot scored
Durability5% weightB59B65Higher

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 RBLU 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 RBLU 249th 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 249DHIMZDaily Target 2X Long HIMS ETFScore 39
  7. Rank 249DRBLUT-Rex 2X Long RBLX Daily Target ETFScore 39
  8. Rank 252DFLYTTradr 2X Long FLY Daily ETFScore 38

Our read on each fund

ETF.net Research

PANGALeverage Shares 2x Long PANW Daily ETF

RBLUDT-Rex 2X Long RBLX Daily Target 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.

RBLU No data

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.

RBLU No data

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

RBLU No data

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.

RBLU No data

Full PANG profile⁠

Full RBLU profile⁠

PANG vs RBLU 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 RBLU Cost

Overpaying RBLU vs PANG

$4,839

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

  • PANG 0.76%

    $14,656

  • RBLU 1.05%

    $19,495

$10,000
30 years

Cost over time

  • PANG 0.76%
  • RBLU 1.05%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530RBLU $19,495PANG $14,656

Year by year

YearPANGRBLUOverpaying
10$1,353$1,847$494
20$5,142$6,927$1,785
30$14,656$19,495$4,839

Expense ratio

  • 0.76%PANG, cheaper
  • 1.05%RBLU
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

PANG 131st cheapest of 315 funds

RBLU 201st cheapest of 315 funds

PANG vs RBLU Dividends

Last 12 months to Nov 2, 2026
Last payment
PANG $1.30
RBLU $0.38
Ex-dividend
PANG Dec 30, 2025
RBLU Dec 24, 2025
Paid on
PANG Jan 2, 2026
RBLU Dec 26, 2025
Frequency
PANG Irregular
RBLU Irregular

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
RBLUIrregular · 1 paymentAll RBLU payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 24, 2025 $0.38. Use the arrow keys to read each point.$0$12026YTD

PANG vs RBLU 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 2025RBLU 129.4%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
PANG 0.90since Apr 2025RBLU −0.17since Apr 2025
Worst fallMax drawdown, 5 years
PANG −62.4%since Mar 2025RBLU −97.0%since Mar 2025
Market sensitivityBeta, 5 years
PANG 3.32RBLU 3.23

Popular comparisons

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    Leverage Shares 2x Long PANW Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
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    Category
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