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FFLS vs PANG

The Future Fund Long/Short ETF vs Leverage Shares 2X Long PANW Daily ETF

FFLS

The Future Fund Long/Short ETF

The Future Fund

Annual cost

1.60%

Fund size

$42M

PANG

Leverage Shares 2X Long PANW Daily ETF

Themes ETF Trust

Annual cost

0.76%

Fund size

$5M

Key differences

  • PANG costs 0.84% less per year.
  • FFLS is significantly larger than PANG — larger funds tend to be more liquid and less likely to close.
  • FFLS is classified as alternative, while PANG is equity — different risk/return profiles.
  • FFLS follows a long short strategy; PANG uses leveraged.

Side-by-side comparison

FFLSPANG
Annual cost (TER)1.60%0.76%
Fund size (AUM)$42M$5M
Since20232025
Dividend yield0.13%13.74%
Asset classalternativeequity
Regionnorth americanorth america
Strategylong shortleveraged
CAGR 1Y-0.7%+59.8%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y8.87%72.12%
Max drawdown-11.05%-62.38%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FFLS and PANG