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PANG vs RTXG

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Leverage Shares 2x Long RTX Daily ETF

RTXGCNasdaq

Overlap

Expense ratio

RTXG −0.01pt a year

PANG0.76%RTXG0.75%

Avg volume · 30D

PANG 2.9×the volume

PANG44.6KRTXG15.3K

PANG vs RTXG Performance

Oct 31, 2025 – Oct 30, 2026

+91.6%PANG+7.9%RTXG

Oct 31, 2025 to Oct 30, 2026. PANG +91.6%. RTXG +7.9%. Use the arrow keys to read each point.−50%50%150%Oct 2025Apr 2026Oct 2026
Expense ratio
PANG 0.76%
RTXG 0.75%, better
Fund size
PANG $9M
RTXG $3M
1Y total return
PANG +91.6%, better
RTXG +7.9%
Holdings
PANG 4
RTXG 4
Avg volume (30D)
PANG 44.6K sh, better
RTXG 15.3K sh
NAV per share
PANG $31.31
RTXG $23.60
52W range

ETF.net Grade

PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59. RTXG: Cost 70, Risk 85, Mission 99, Tradability 59, Holdings not scored, Durability 51.
Pillar letters and Scores for PANG, RTXG, with each pillar’s weight
PillarPANGRTXG
Cost30% weightA70A70
Mission25% weightA94A99Higher
Risk15% weightA74A85Higher
Tradability15% weightA74HigherB59
Holdings10% weightNot scoredNot scored
Durability5% weightB59HigherC51

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 RTXG 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 RTXG 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 123CRMBCCorgi RMBS 2x Daily ETFScore 40
  7. Rank 123CRTXGLeverage Shares 2x Long RTX Daily ETFScore 40
  8. Rank 123CSIMXCorgi SIMO 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

PANGALeverage Shares 2x Long PANW Daily ETF

RTXGCLeverage Shares 2x Long RTX 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.

RTXG Most single-stock leveraged ETFs chase megacap tech. RTXG aims at twice the daily move in RTX, the aerospace and defense prime, for 0.75% a year. Built for one trading day, not a buy-and-hold sleeve.

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.

RTXG The Fund seeks daily investment results equal to two times the daily percentage change in RTX Corporation's common stock, before fees and expenses. It is designed for a single trading day rather than a longer holding period.

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
  • RTXG Charges 0.75% a year, under the cohort median near 1.01% and below Direxion's 2x single-stock funds (AAPU, GGLL) at 0.96%.
  • A defense and aerospace target in a category whose best-graded names are tech and health care stocks. Different exposure, same daily mechanics.
  • Plain mandate: two times RTX's daily percentage change before fees, no options overlay or basket. Day to day it has stayed close to that stated target.leverageshares.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.
  • RTXG Leverage resets daily. Hold past one session and returns compound off each close, so multi-day results can diverge widely from 2x RTX, especially in choppy tape.leverageshares.com
  • Small asset base and light trading, so spreads can run wider than the household names of the cohort.
  • Launched in 2025, so the track record is short, and one company drives it all: an earnings miss or contract headline lands twice as hard.

Full PANG profile⁠

Full RTXG profile⁠

PANG vs RTXG 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 RTXG Cost

Overpaying PANG vs RTXG

$174

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

  • PANG 0.76%

    $14,656

  • RTXG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • PANG 0.76%
  • RTXG 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530PANG $14,656RTXG $14,482

Year by year

YearPANGRTXGOverpaying
10$1,353$1,336$17
20$5,142$5,078$64
30$14,656$14,482$174

Expense ratio

  • 0.76%PANG
  • 0.75%RTXG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

RTXG 87th cheapest of 315 funds

PANG 131st cheapest of 315 funds

PANG vs RTXG Dividends

Last 12 months to Oct 30, 2026
Last payment
PANG $1.30
RTXG $1.45
Ex-dividend
PANG Dec 30, 2025
RTXG Dec 30, 2025
Paid on
PANG Jan 2, 2026
RTXG Jan 2, 2026
Frequency
PANG Irregular
RTXG 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
RTXGIrregular · 1 paymentAll RTXG payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $1.45. Use the arrow keys to read each point.$0$12026YTD

PANG vs RTXG 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 2025RTXG 45.7%since Jul 2025
Return per unit of riskSharpe ratio, 3 years
PANG 0.90since Apr 2025RTXG 0.84since Jul 2025
Worst fallMax drawdown, 5 years
PANG −62.4%since Mar 2025RTXG −37.7%since Jun 2025
Market sensitivityBeta, 5 years
PANG 3.32RTXG −0.68

Popular comparisons

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    Expense ratio
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