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PANG vs SKHX

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Leverage Shares 2X Long SK Hynix Daily ETF

SKHXBCboe

Overlap

10.0%by weight

Expense ratio

SKHX −0.01pt a year

PANG0.76%SKHX0.75%

Avg volume · 30D

SKHX 86.2×the volume

PANG44.6KSKHX3.85M

PANG vs SKHX Performance

Jul 31, 2026 – Nov 2, 2026

−1.5%PANG−12.3%SKHX

Jul 31, 2026 to Nov 2, 2026. PANG −1.5%. SKHX −12.3%. Use the arrow keys to read each point.20%40%60%80%Jul 2026Sep 2026Nov 2026
Expense ratio
PANG 0.76%
SKHX 0.75%, better
Fund size
PANG $9M
SKHX $84M
1Y total return
PANG +76.3%
SKHX No data
Holdings
PANG 4
SKHX 7
Avg volume (30D)
PANG 44.6K sh
SKHX 3.85M sh, better
NAV per share
PANG $31.31
SKHX $10.20
52W range

ETF.net Grade

PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59. SKHX: Cost 70, Risk 48, Mission not scored, Tradability 94, Holdings not scored, Durability 51.
Pillar letters and Scores for PANG, SKHX, with each pillar’s weight
PillarPANGSKHX
Cost30% weightA70A70
Mission25% weightA94Not scored
Risk15% weightA74HigherC48
Tradability15% weightA74A94Higher
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 SKHX 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 SKHX 8th 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 8BGLWGLeverage Shares 2X Long GLW Daily ETFScore 68
  7. Rank 8BSKHXLeverage Shares 2X Long SK Hynix Daily ETFScore 68
  8. Rank 11BAMAULeverage Shares 2X Long AMAT Daily ETFScore 67

Our read on each fund

ETF.net Research

PANGALeverage Shares 2x Long PANW Daily ETF

SKHXBLeverage Shares 2X Long SK Hynix 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.

SKHX 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.

SKHX 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

SKHX 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.

SKHX No data

Full PANG profile⁠

Full SKHX profile⁠

PANG vs SKHX Holdings

How PANG and SKHX differ

Overlap by weight

10.0%

Shared holdings make up 12.3% of SKHX and 10.0% of PANG.

Level by level

  • Holdings1 in both10.0%
  • Asset classEquity100%
  • Countryby domicile100%

Sector

No Sector split for PANG and SKHX.

Country, concentration and asset class

Country by domicile

Country weights in PANG and SKHX, widest gap first
CountryMore in PANGMore in SKHX
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • PANG210.1%
  • SKHX212.5%

Securities held

  • PANG1
  • SKHX1

Asset class

PANG
Equity
SKHX
Equity

Holdings

  • Only in PANG0
  • In both1
  • Only in SKHX0

Only in PANG

0 securities, 0.0% of PANG by weight

Only in SKHX

0 securities, 0.0% of SKHX by weight

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in PANG and SKHX, widest gap first
HoldingMore in PANGMore in SKHX
First American Treasury Obligations Fund 01/01/2040SKHX +2.30 points

All 4 PANG holdings⁠All 7 SKHX 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 SKHX Cost

Overpaying PANG vs SKHX

$174

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

  • PANG 0.76%

    $14,656

  • SKHX 0.75%

    $14,482

$10,000
30 years

Cost over time

  • PANG 0.76%
  • SKHX 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 $14,656SKHX $14,482

Year by year

YearPANGSKHXOverpaying
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%SKHX, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

SKHX 87th cheapest of 315 funds

PANG 131st cheapest of 315 funds

PANG vs SKHX Dividends

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

No distribution history available.

PANG vs SKHX 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 2025SKHX No data
Return per unit of riskSharpe ratio, 3 years
PANG 0.90since Apr 2025SKHX No data
Worst fallMax drawdown, 5 years
PANG −62.4%since Mar 2025SKHX No data
Market sensitivityBeta, 5 years
PANG 3.32SKHX 0.00

Popular comparisons

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