PANG vs MUNA

Comparison between LEVERAGE SHARES 2X LONG PANW DAILY ETF (PANG, ETF) and NORTHERN TRUST 2030 TAX-EXEMPT DISTRIBUTING LADDER ETF (MUNA, ETF).

PANG vs MUNA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PANG(ETF)	MUNA(ETF)
Net Assets	$8.90M	$9M
Expense Ratio	N/A	0.18%
Max Drawdown	100.00%	1.24%
Sharpe Ratio	1.36	-1.08
5Y Beta	2.27	0.04

Net Assets

PANG

$8.90M

Winner

MUNA

$9M

Expense Ratio

PANG

N/A

MUNA

0.18%

Max Drawdown

PANG

100.00%

Winner

MUNA

1.24%

Sharpe Ratio

Winner

PANG

1.36

MUNA

-1.08

5Y Beta

PANG

2.27

Winner

MUNA

0.04

PANG vs MUNA - Holdings Comparison

PANG and MUNA have 0 common holdings. Overlap is 0.00%

PANG's top 25 holdings weight is 0.81%. MUNA's top 25 holdings weight is 36.08%.

Rank	PANG	MUNA
#1	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 0.81%	INDIANA ST FIN AUTH REV 5% (n/a) - 3.51%
#2	N/A	n/a (n/a) - 2.65%
#3	N/A	n/a (n/a) - 2.09%
#4	N/A	JACKSONVILLE FLA SPL REV 5% (n/a) - 2.04%
#5	N/A	NEW CASTLE CNTY DEL 5% (n/a) - 2.03%
#6	N/A	TEXAS WTR DEV BRD REV 5% (n/a) - 1.58%
#7	N/A	RACINE CNTY WIS 4% (n/a) - 1.57%
#8	N/A	HAMILTON CNTY OHIO SALES TAX 5% (n/a) - 1.51%
#9	N/A	MAURY CNTY TENN 5% (n/a) - 1.51%
#10	N/A	MIAMI-DADE CNTY FLA SPL OBLIG 5% (n/a) - 1.42%
#11	N/A	n/a (n/a) - 1.36%
#12	N/A	CASH (n/a) - 1.23%
#13	N/A	MANSFIELD TEX WTR & SWR REV 5% (n/a) - 1.15%
#14	N/A	OHIO ST ADULT CORRECTIONAL CAP FACS 5% (n/a) - 1.15%
#15	N/A	NORTH SLOPE BORO ALASKA 5% (n/a) - 1.15%
#16	N/A	CROWN POINT IND MULTI-SCH BLDG CORP 5% (n/a) - 1.11%
#17	N/A	SEATTLE WASH MUN LT & PWR REV 5% (n/a) - 1.09%
#18	N/A	MARYLAND ST 5% (n/a) - 1.06%
#19	N/A	DELAWARE ST 5% (n/a) - 1.03%
#20	N/A	PORT TACOMA WASH 4% (n/a) - 1.01%
#21	N/A	CORAL GABLES FLA CAP IMPT REV 5% (n/a) - 1.01%
#22	N/A	SPANISH FORK CITY UTAH SWR REV 5% (n/a) - 0.99%
#23	N/A	WPPI ENERGY WIS PWR SUPPLY SYS REV 5% (n/a) - 0.98%
#24	N/A	IDAHO ENERGY RES AUTH PWR SUPPLY REV 5% (n/a) - 0.95%
#25	N/A	IDAHO HSG & FIN ASSN SALES TAX REV 5% (n/a) - 0.90%
Total Holdings	1	177

PANG vs MUNA - Historical Returns

Returns include dividend reinvestment.

Period	PANG	MUNA
1 month	+37.25%	-0.85%
3 months	+246.38%	+0.09%
6 months	+196.60%	+0.43%
1 year	+118.97%	+1.55%
5 years(CAGR)	+404.14%	N/A
10 years(CAGR)	+72.49%	N/A
Max(CAGR)	+20.13%	+1.68%

Winner

PANG

+37.25%

MUNA

-0.85%

Winner

PANG

+246.38%

MUNA

+0.09%

Winner

PANG

+196.60%

MUNA

+0.43%

Winner

PANG

+118.97%

MUNA

+1.55%

5Y(CAGR)

PANG

+404.14%

MUNA

N/A

10Y(CAGR)

PANG

+72.49%

MUNA

N/A

Max(CAGR)

Winner

PANG

+20.13%

MUNA

+1.68%

PANG vs MUNA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PANG	MUNA
2026	+200.27%	+0.94%
2025	-16.11%	+0.63%
2018	+0.00%	N/A
2017	-99.91%	N/A
2016	-69.26%	N/A
2015	+0.00%	N/A
2014	-36.36%	N/A
2013	+22.45%	N/A
2012	+8.89%	N/A
2011	-76.19%	N/A
2010	+2000.00%	N/A
2009	-90.20%	N/A
2008	+750.00%	N/A
2007	-16.67%	N/A
2006	+0.00%	N/A
2005	+50.00%	N/A
2004	-50.00%	N/A
2003	+220.00%	N/A
2002	-71.43%	N/A
2001	-50.00%	N/A
2000	-36.36%	N/A
1999	-15.38%	N/A

PANG vs MUNA Drawdown Comparison

The maximum drawdown for PANG was -100.00%, occurring on Dec 21, 2017. Recovery took 2483 trading sessions.

The maximum drawdown for MUNA was -1.06%, occurring on Jul 17, 2026. This drawdown has not yet recovered.

The current PANG drawdown is -10.29%. The current MUNA drawdown is -1.06%.

Rank	PANG	MUNA
#1	-100.00% Feb 11, 2008 - Mar 21, 2025	-1.06% Jun 11, 2026 - Jul 17, 2026
#2	-95.83% Mar 2, 2000 - Feb 5, 2008	-0.91% Sep 16, 2025 - Jan 16, 2026
#3	-62.38% Oct 28, 2025 - May 15, 2026	-0.74% Mar 9, 2026 - May 6, 2026
#4	-61.54% Nov 1, 1999 - Feb 23, 2000	-0.24% Jun 4, 2026 - Jun 11, 2026
#5	-36.87% Mar 25, 2025 - Jun 6, 2025	-0.20% Jan 16, 2026 - Jan 21, 2026
#6	-35.97% Jul 9, 2025 - Oct 6, 2025	-0.19% Feb 12, 2026 - Mar 4, 2026
#7	-33.33% Feb 23, 2000 - Mar 2, 2000	-0.12% May 14, 2026 - May 20, 2026
#8	-25.32% Jun 1, 2026 - Jun 26, 2026	-0.11% Feb 5, 2026 - Feb 12, 2026
#9	-20.02% Jul 6, 2026 - Jul 8, 2026	-0.07% May 11, 2026 - May 13, 2026
#10	-11.55% Oct 8, 2025 - Oct 27, 2025	-0.07% May 6, 2026 - May 11, 2026
#11	-9.39% May 22, 2026 - May 29, 2026	-0.06% May 26, 2026 - May 28, 2026
#12	-7.31% Jun 30, 2025 - Jul 9, 2025	-0.06% Mar 4, 2026 - Mar 9, 2026
#13	-5.86% May 18, 2026 - May 21, 2026	-0.06% Aug 28, 2025 - Sep 4, 2025
#14	-4.91% Jun 6, 2025 - Jun 17, 2025	-0.05% Jan 23, 2026 - Feb 2, 2026
#15	-2.83% Jun 25, 2025 - Jun 30, 2025	-0.05% Aug 19, 2025 - Aug 22, 2025