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PANG vs XYZG

Leverage Shares 2x Long PANW Daily ETF

PANGANasdaq

Leverage Shares 2x Long XYZ Daily ETF

XYZGCNasdaq

Overlap

Expense ratio

PANG −0.02pt a year

PANG0.76%XYZG0.78%

Avg volume · 30D

PANG 5.9×the volume

PANG44.6KXYZG7.57K

PANG vs XYZG Performance

Oct 31, 2025 – Nov 2, 2026

+76.3%PANG−27.8%XYZG

Oct 31, 2025 to Nov 2, 2026. PANG +76.3%. XYZG −27.8%. Use the arrow keys to read each point.0%50%150%Oct 2025May 2026Nov 2026
Expense ratio
PANG 0.76%, better
XYZG 0.78%
Fund size
PANG $9M
XYZG $1M
1Y total return
PANG +76.3%, better
XYZG −27.8%
Holdings
PANG 4
XYZG 5
Avg volume (30D)
PANG 44.6K sh, better
XYZG 7.57K sh
NAV per share
PANG $31.31
XYZG $15.04
52W range

ETF.net Grade

PANG: Cost 70, Risk 74, Mission 94, Tradability 74, Holdings not scored, Durability 59. XYZG: Cost 60, Risk 65, Mission 84, Tradability 52, Holdings not scored, Durability 47.
Pillar letters and Scores for PANG, XYZG, with each pillar’s weight
PillarPANGXYZG
Cost30% weightA70HigherB60
Mission25% weightA94HigherA84
Risk15% weightA74HigherB65
Tradability15% weightA74HigherC52
Holdings10% weightNot scoredNot scored
Durability5% weightB59HigherC47

Rank among Single-Stock Long Leveraged funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. PANG and XYZG 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 XYZG 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 123CXPEGLeverage Shares 2x Long XPEV Daily ETFScore 40
  7. Rank 123CXYZGLeverage Shares 2x Long XYZ Daily ETFScore 40
  8. Rank 249DAPPXTradr 2X Long APP Daily ETFScore 39

Our read on each fund

ETF.net Research

PANGALeverage Shares 2x Long PANW Daily ETF

XYZGCLeverage Shares 2x Long XYZ 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.

XYZG A one-stock trading tool: XYZG aims to deliver 200% of Block's daily move, reset every day, for 0.78% with no fee waiver in the mix. Twice the swing in a fintech name, from a plain brokerage account.

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.

XYZG The fund seeks to deliver 200% of the daily performance of Block stock, before fees and expenses.

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
  • XYZG Fee is 0.78%, gross and net identical with no waiver propping it up, and below the median for the hundreds of leveraged single-stock funds it sits beside.
  • Targets 200% of Block's daily performance inside a registered 1940 Act ETF, so the 2x exposure arrives without a margin account or the margin call that comes with one.leverageshares.com
  • One of a deep shelf of 2x single-stock funds priced in the same tight band (OKTG at 0.75%, TSMG at 0.76%), so the low fee reads as house policy rather than a teaser rate.

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.
  • XYZG The 2x target is a one-day target. Hold across choppy stretches and the daily resets compound, so results can drift a long way from twice Block's move over the period.leverageshares.com
  • Small and thinly traded. The same trust closed 13 sibling single-stock leveraged ETFs in October 2026 for not gathering assets, so wide spreads and closure risk come with the territory.themesetfs.com
  • Every bit of the risk sits in one fintech stock, doubled. An earnings surprise at Block lands twice as hard on the day, in either direction.

Full PANG profile⁠

Full XYZG profile⁠

PANG vs XYZG 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 XYZG Cost

Overpaying XYZG vs PANG

$346

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

  • PANG 0.76%

    $14,656

  • XYZG 0.78%

    $15,002

$10,000
30 years

Cost over time

  • PANG 0.76%
  • XYZG 0.78%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530XYZG $15,002PANG $14,656

Year by year

YearPANGXYZGOverpaying
10$1,353$1,388$35
20$5,142$5,268$126
30$14,656$15,002$346

Expense ratio

  • 0.76%PANG, cheaper
  • 0.78%XYZG
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

PANG 131st cheapest of 315 funds

XYZG 142nd cheapest of 315 funds

PANG vs XYZG Dividends

Last 12 months to Nov 2, 2026
Last payment
PANG $1.30
XYZG $0.99
Ex-dividend
PANG Dec 30, 2025
XYZG Dec 30, 2025
Paid on
PANG Jan 2, 2026
XYZG Jan 2, 2026
Frequency
PANG Irregular
XYZG 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
XYZGIrregular · 1 paymentAll XYZG payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $0.99. Use the arrow keys to read each point.$0$12026YTD

PANG vs XYZG 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 2025XYZG 56.6%since May 2025
Return per unit of riskSharpe ratio, 3 years
PANG 0.90since Apr 2025XYZG 0.14since May 2025
Worst fallMax drawdown, 5 years
PANG −62.4%since Mar 2025XYZG −69.4%since Apr 2025
Market sensitivityBeta, 5 years
PANG 3.32XYZG 2.89

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