---
ticker: "TSMX"
name: "Direxion Daily TSM Bull 2X ETF"
url: "https://etf.net/etf/TSMX"
grade: "B"
score: 65
graded_at: "2026-10-12"
category: "Single-Stock Long Leveraged"
category_rank: "17 of 380"
methodology: "https://etf.net/methodology"
---

# TSMX: Direxion Daily TSM Bull 2X ETF

Grade **B**, Score 65 of 100. Rank 17 of 380 in Single-Stock Long Leveraged.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 51 | 168 of 380 |
| Mission | 100 | 1 of 148 |
| Risk | 82 | 28 of 363 |
| Tradability | 74 | 67 of 380 |
| Holdings | Not scored | — |
| Durability | 86 | 3 of 380 |

## Top holdings

The fund holds 9 positions. These are the largest 9, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Tsm Swap Asset Leg (Tsmgsl) | 26.75% |
| 2 | — | Tsm Swap Asset Leg (Tsmnml) | 14.84% |
| 3 | — | Dreyfus Govt Cash Man Ins | 14.80% |
| 4 | — | Tsm Swap Asset Leg (Tsmbpl) | 14.34% |
| 5 | — | Dreyfus Trsry Securities Cash Mgmt | 10.81% |
| 6 | — | Tsm Swap Asset Leg (Tsmmll) | 7.75% |
| 7 | TSM | Taiwan Semiconductor-Sp Adr | 6.53% |
| 8 | — | Goldman Finl Sq Trsry Inst 506 | 4.17% |
| 9 | — | Tsm Swap Asset Leg (Tsmctl) | 0.02% |

Source: etf.net, https://etf.net/etf/TSMX. Please cite the page URL.