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PANG vs STMX

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Leverage Shares 2X Long STM Daily ETF

STMX—Cboe

Overlap

Expense ratio

PANG −0.23pt a year

PANG0.76%STMX0.99%

Avg volume · 30D

PANG 10.5×the volume

PANG44.6KSTMX4.25K

PANG vs STMX Performance

Sep 30, 2026 – Oct 30, 2026

−18.8%PANG−27.6%STMX

Sep 30, 2026 to Oct 30, 2026. PANG −18.8%. STMX −27.6%. Use the arrow keys to read each point.−10%0%10%20%Sep 30Oct 15Oct 30
Expense ratio
PANG 0.76%, better
STMX 0.99%
Fund size
PANG $9M
STMX $0
1Y total return
PANG +91.6%
STMX No data
Holdings
PANG 4
STMX 4
Avg volume (30D)
PANG 44.6K sh, better
STMX 4.25K sh
NAV per share
PANG $31.31
STMX $11.02
52W range

ETF.net Grade

  • —STMXNot yet graded
PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59.
Pillar letters and Scores for PANG, STMX, with each pillar’s weight
PillarPANGSTMX
Cost30% weightA70Not scored
Mission25% weightA94Not scored
Risk15% weightA74Not scored
Tradability15% weightA74Not scored
Holdings10% weightNot scoredNot scored
Durability5% weightB59Not scored

Rank among Single-Stock Long Leveraged funds

How we build Categories ›

Single-Stock Long Leveraged⁠

Category · 315 funds
See all 315 ›

PANG ranks 3rd 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. STMXNot yet graded

Our read on each fund

ETF.net Research

PANGALeverage Shares 2x Long PANW Daily ETF

STMX—Leverage Shares 2X Long STM 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.

STMX 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.

STMX 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

STMX 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.

STMX No data

Full PANG profile⁠

Full STMX profile⁠

PANG vs STMX 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 STMX Cost

Overpaying STMX vs PANG

$3,869

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

  • PANG 0.76%

    $14,656

  • STMX 0.99%

    $18,525

$10,000
30 years

Cost over time

  • PANG 0.76%
  • STMX 0.99%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530STMX $18,525PANG $14,656

Year by year

YearPANGSTMXOverpaying
10$1,353$1,746$393
20$5,142$6,565$1,423
30$14,656$18,525$3,869

Expense ratio

  • 0.76%PANG, cheaper
  • 0.99%STMX
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

PANG 131st cheapest of 315 funds

STMX 169th cheapest of 315 funds

PANG vs STMX Dividends

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

No distribution history available.

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

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.

  • STMX—vsTSMGA

    Leverage Shares 2X Long STM Daily ETF · Leverage Shares 2x Long TSM Daily ETF

    Expense ratio
    0.99% · 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.

  • STMX—vsUNHGA

    Leverage Shares 2X Long STM Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    0.99% · 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.

  • STMX—vsOKTGA

    Leverage Shares 2X Long STM Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    0.99% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.