Skip to content
etf.net

PANG vs SHPU

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Direxion Daily SHOP Bull 2X ETF

SHPUCNasdaq

Overlap

Expense ratio

PANG −0.33pt a year

PANG0.76%SHPU1.09%

Avg volume · 30D

SHPU 2.7×the volume

PANG44.6KSHPU119K

PANG vs SHPU Performance

Oct 31, 2025 – Oct 30, 2026

+91.6%PANG−48.2%SHPU

Oct 31, 2025 to Oct 30, 2026. PANG +91.6%. SHPU −48.2%. Use the arrow keys to read each point.0%50%150%Oct 2025Apr 2026Oct 2026
Expense ratio
PANG 0.76%, better
SHPU 1.09%
Fund size
PANG $9M
SHPU $13M
1Y total return
PANG +91.6%, better
SHPU −48.2%
Yield (12M)
PANG No data
SHPU 32.41%
Holdings
PANG 4
SHPU 10
Avg volume (30D)
PANG 44.6K sh
SHPU 119K sh, better
NAV per share
PANG $31.31
SHPU $20.64
52W range

ETF.net Grade

PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59. SHPU: Cost 39, Risk 55, Mission not scored, Tradability 59, Holdings not scored, Durability 70.
Pillar letters and Scores for PANG, SHPU, with each pillar’s weight
PillarPANGSHPU
Cost30% weightA70HigherD39
Mission25% weightA94Not scored
Risk15% weightA74HigherB55
Tradability15% weightA74HigherB59
Holdings10% weightNot scoredNot scored
Durability5% weightB59A70Higher

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 SHPU 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 SHPU 89th 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 89CRVNLGraniteShares 2x Long RIVN Daily ETFScore 49
  7. Rank 89CSHPUDirexion Daily SHOP Bull 2X ETFScore 49
  8. Rank 89CSMCXDaily Target 2X Long SMCI ETFScore 49

Our read on each fund

ETF.net Research

PANGALeverage Shares 2x Long PANW Daily ETF

SHPUCDirexion Daily SHOP Bull 2X 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.

SHPU 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.

SHPU 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

SHPU 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.

SHPU No data

Full PANG profile⁠

Full SHPU profile⁠

PANG vs SHPU 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 SHPU Cost

Overpaying SHPU vs PANG

$5,477

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

  • PANG 0.76%

    $14,656

  • SHPU 1.09%

    $20,133

$10,000
30 years

Cost over time

  • PANG 0.76%
  • SHPU 1.09%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530SHPU $20,133PANG $14,656

Year by year

YearPANGSHPUOverpaying
10$1,353$1,915$562
20$5,142$7,166$2,024
30$14,656$20,133$5,477

Expense ratio

  • 0.76%PANG, cheaper
  • 1.09%SHPU
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

PANG 131st cheapest of 315 funds

SHPU 219th cheapest of 315 funds

PANG vs SHPU Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
PANG No data
SHPU 32.41%
Payout (12M)
PANG No data
SHPU $5.94
Last payment
PANG $1.30
SHPU $0.06
Ex-dividend
PANG Dec 30, 2025
SHPU Sep 22, 2026
Paid on
PANG Jan 2, 2026
SHPU Sep 29, 2026
Frequency
PANG Irregular
SHPU Quarterly

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$52026YTD
SHPUQuarterly · 6 paymentsAll SHPU payments⁠
One bar per payment. 6 payments from 2025 to 2026 YTD. Sep 23, 2025 $0.11; Dec 10, 2025 $5.56; Dec 23, 2025 $0.18; Mar 24, 2026 $0.08; Jun 23, 2026 $0.06; Sep 22, 2026 $0.06. Use the arrow keys to read each point.$0$52026YTD

PANG vs SHPU 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 2025SHPU 76.5%since Sep 2025
Return per unit of riskSharpe ratio, 3 years
PANG 0.90since Apr 2025SHPU −0.04since Sep 2025
Worst fallMax drawdown, 5 years
PANG −62.4%since Mar 2025SHPU −78.4%since Aug 2025
Market sensitivityBeta, 5 years
PANG 3.32SHPU 1.51

Popular comparisons

  • PANGAvsTSMGA

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

    Expense ratio
    0.76% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SHPUCvsTSMGA

    Direxion Daily SHOP Bull 2X ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    1.09% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PANGAvsUNHGA

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

    Expense ratio
    0.76% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SHPUCvsUNHGA

    Direxion Daily SHOP Bull 2X ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    1.09% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PANGAvsOKTGA

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

    Expense ratio
    0.76% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SHPUCvsOKTGA

    Direxion Daily SHOP Bull 2X ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    1.09% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.