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PANG vs RDTL

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

GraniteShares 2x Long RDDT Daily ETF

RDTLDNasdaq

Overlap

Expense ratio

PANG −1.19pt a year

PANG0.76%RDTL1.95%

Avg volume · 30D

RDTL 18.1×the volume

PANG44.6KRDTL808K

PANG vs RDTL Performance

Oct 31, 2025 – Oct 30, 2026

+91.6%PANG−92.0%RDTL

Oct 31, 2025 to Oct 30, 2026. PANG +91.6%. RDTL −92.0%. Use the arrow keys to read each point.−50%0%50%150%Oct 2025Apr 2026Oct 2026
Expense ratio
PANG 0.76%, better
RDTL 1.95%
Fund size
PANG $9M
RDTL $38M
1Y total return
PANG +91.6%, better
RDTL −92.0%
Holdings
PANG 4
RDTL 2
Avg volume (30D)
PANG 44.6K sh
RDTL 808K sh, better
NAV per share
PANG $31.31
RDTL $8.79
52W range

ETF.net Grade

PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59. RDTL: Cost 0, Risk 32, Mission 85, Tradability 76, Holdings 44, Durability 76.
Pillar letters and Scores for PANG, RDTL, with each pillar’s weight
PillarPANGRDTL
Cost30% weightA70HigherF0
Mission25% weightA94HigherA85
Risk15% weightA74HigherD32
Tradability15% weightA74A76Higher
Holdings10% weightNot scoredC44
Durability5% weightB59A76Higher

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 RDTL 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 RDTL 275th 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 275DLITUT-REX 2X Long LITE Daily Target ETFScore 30
  7. Rank 275DRDTLGraniteShares 2x Long RDDT Daily ETFScore 30
  8. Rank 280DOKLLDaily Target 2X Long OKLO ETFScore 29

Our read on each fund

ETF.net Research

PANGALeverage Shares 2x Long PANW Daily ETF

RDTLDGraniteShares 2x Long RDDT Daily 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.

RDTL One stock, one day. RDTL aims for twice Reddit's daily percentage move via derivatives, resetting every session, and the prospectus frames it as a short-term trading vehicle rather than a buy-and-hold Reddit position.

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.

RDTL The Fund seeks to deliver twice the daily percentage change of Reddit Inc. common stock before fees and expenses. It is intended as a short-term trading vehicle and is not designed to provide twice the cumulative return over periods longer than one 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
  • RDTL The mandate is blunt: 2x the daily percentage change in RDDT, reset each session, written up as a short-term trading tool rather than a long-term holding.graniteshares.com
  • Fee is 1.50% net of a waiver through December 31, 2026, against a 2.44% gross, so the waiver is doing real work on the sticker price.
  • Actively traded, which counts for a product whose whole design life is measured in single sessions.
  • The leverage lives inside the fund: one ticker, no margin loan or options chain to manage yourself.graniteshares.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.
  • RDTL Hold longer than a day and compounding takes the wheel. Results track the path RDDT travels, and higher volatility pushes outcomes further from 2x.sec.gov
  • Cost sits above the category median, and cheaper 2x wrappers exist on other names: OKTG at 0.75%, TSMG at 0.76%, neither with a waiver attached.
  • Everything rides on one company. A single earnings print or platform headline is the entire story, doubled, with no diversification underneath.

Full PANG profile⁠

Full RDTL profile⁠

PANG vs RDTL 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 RDTL Cost

Overpaying RDTL vs PANG

$17,625

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

  • PANG 0.76%

    $14,656

  • RDTL 1.95%

    $32,281

$10,000
30 years

Cost over time

  • PANG 0.76%
  • RDTL 1.95%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K$40K051015202530RDTL $32,281PANG $14,656

Year by year

YearPANGRDTLOverpaying
10$1,353$3,305$1,952
20$5,142$11,910$6,768
30$14,656$32,281$17,625

Expense ratio

  • 0.76%PANG, cheaper
  • 1.95%RDTL
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

PANG 131st cheapest of 315 funds

RDTL 313th cheapest of 315 funds

PANG vs RDTL Dividends

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

No distribution history available.

PANG vs RDTL 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 2025RDTL 127.8%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
PANG 0.90since Apr 2025RDTL −0.14since Apr 2025
Worst fallMax drawdown, 5 years
PANG −62.4%since Mar 2025RDTL −95.6%since Mar 2025
Market sensitivityBeta, 5 years
PANG 3.32RDTL 3.18

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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  • RDTLDvsTSMGA

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    Expense ratio
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    Category
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