PANG vs VOO
Leverage Shares 2X Long PANW Daily ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. PANG delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | PANG | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.76% | 0.03% | |
| AUM | $14M | $997.4B | |
| Dividend Yield | 4.44% | 1.08% | |
| Holdings | 5 | 509 | |
| YTD Return | +218.62% | +12.68% | |
| 1Y Return | +184.44% | +21.87% | |
| 3Y Return (annualized) | - | +22.06% | |
| 5Y Return (annualized) | - | +12.95% | |
| Volatility (annualized) | 132.8% | 14.1% | |
| Max Drawdown | -62.4% | -34.3% | |
| Fund Family | Leverage Shares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Mar 21, 2025 | Sep 7, 2010 |
PANG vs VOO Performance
Leverage Shares 2X Long PANW Daily ETF (PANG) is a ETF from Leverage Shares and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year PANG returned +184.44% while VOO returned +21.87%. Year to date, PANG is up 218.62% versus a gain of 12.68% for VOO.
Risk: Volatility and Drawdowns
PANG has been the more volatile fund, with annualized monthly volatility of 132.8% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -62.4% for PANG and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.29. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PANG charges 0.76% per year while VOO charges 0.03%. On a $10,000 position that is $76 vs $3 annually, a gap of $73 per year that compounds over a long holding period. On income, PANG currently yields 4.44% against 1.08% for VOO.
Holdings Overlap
PANG and VOO share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, PANG or VOO?
PANG has an expense ratio of 0.76% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $73 per year of difference.
Which performed better, PANG or VOO?
Over the past year PANG returned +184.44% vs +21.87% for VOO, so PANG leads on 1-year performance. Over the longest common window we track (1 years), PANG annualized +91.99% vs +13.47% for VOO. Past performance does not guarantee future results.
Which is riskier, PANG or VOO?
PANG has been the more volatile fund at 132.8% annualized versus 14.1% for VOO. Worst drawdown: PANG -62.4% vs VOO -34.3%.
Should I hold both PANG and VOO?
PANG and VOO have a monthly-return correlation of 0.29, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PANG and VOO?
PANG and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, PANG or VOO?
PANG yields 4.44% while VOO yields 1.08%, so PANG currently pays the higher dividend yield.
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