AALG vs TSMG

AALGCLeverage Shares 2x Long AAL Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

AALG American Airlines, amplified. AALG came to market first with 2x daily exposure to AAL, and at 0.78% it charges less than the typical leveraged single-stock fund. The leverage resets every day.

TSMG Two times TSM, one day at a time. TSMG aims for 200% of Taiwan Semiconductor's daily move, no margin account required, at 0.75% a year, below what most leveraged single-stock funds charge.

Stated mandate

AALG The fund seeks daily investment results, before fees and expenses, equal to 200% of the daily performance of American Airlines Group stock.

TSMG The fund seeks daily investment results equal to 200% of the daily performance of Taiwan Semiconductor Manufacturing Company Ltd stock, before fees and expenses.

Why people hold it

• AALG Launched July 2025 as the first ETF offering 2x daily leveraged exposure to American Airlines stock, a corner of the single-stock market rivals reached later.globenewswire.com
• Charges 0.78% with no waiver attached, below the median fee in its leveraged single-stock peer group. For scale, TSMG runs 0.76% and UNHG 0.77%, also unwaived.
• Built to do one job: swaps on AAL sized for 200% of the stock's daily move. No index committee, no basket, nothing diluting the airline bet.leverageshares.com
• Ranks in the upper half of a crowded leveraged single-stock field on how closely it has hit its stated daily target.

• TSMG Charges 0.75% a year, undercutting the 0.96% on Direxion's 2x single-stock funds such as AAPU and GGLL.leverageshares.com
• The milder gear on the leveraged shelf: it targets double TSM's daily move, not triple.leverageshares.com
• Leverage arrives inside a regular 1940 Act ETF. No margin agreement, no lender, and your exposure is capped at what you put in.leverageshares.com
• Hits its stated daily target tightly, and rates among the stronger builds in a crowded field of 2x and 3x single-stock funds.

Worth knowing

• AALG The 2x target applies to a single trading day. Hold longer and compounding takes over, so returns can differ from 2x AAL, and higher volatility widens the gap.sec.gov
• A small, thinly traded fund, so spreads tend to run wider than on the headline leveraged names.
• One stock, doubled: an AAL earnings miss or fuel spike lands twice as hard, and the swap counterparties add a layer beyond the airline itself.sec.gov

• TSMG The leverage resets every day. Hold longer and compounding takes over, so multi-day results can drift well away from twice TSM's move, especially in choppy markets.leverageshares.com
• One stock, one industry. Everything rides on Taiwan Semiconductor, doubled, so company-specific news lands twice as hard.
• Young and small: launched in January 2025, and it sits among the smaller, less heavily traded names on the leveraged shelf, which can widen spreads.

Full AALG profile⁠

Full TSMG profile⁠