Skip to content
etf.net

AAPE vs TSMG

Leverage Shares 2X Long AAPL Daily ETF

AAPECCboe

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

AAPE −0.01pt a year

AAPE0.75%TSMG0.76%

Avg volume · 30D

TSMG 4.8×the volume

AAPE14.2KTSMG69K

AAPE vs TSMG Performance

Jul 31, 2026 – Oct 30, 2026

+19.6%AAPE−4.6%TSMG

Jul 31, 2026 to Oct 30, 2026. AAPE +19.6%. TSMG −4.6%. Use the arrow keys to read each point.10%30%40%Jul 2026Sep 2026Oct 2026
Expense ratio
AAPE 0.75%, better
TSMG 0.76%
Fund size
AAPE $1M
TSMG $28M
1Y total return
AAPE No data
TSMG +40.8%
Holdings
AAPE 4
TSMG 5
Avg volume (30D)
AAPE 14.2K sh
TSMG 69K sh, better
NAV per share
AAPE $17.24
TSMG $33.77
52W range

ETF.net Grade

AAPE: Cost 70, Risk 93, Mission not scored, Tradability 62, Holdings not scored, Durability 28. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for AAPE, TSMG, with each pillar’s weight
PillarAAPETSMG
Cost30% weightA70A70
Mission25% weightNot scoredA79
Risk15% weightA93HigherA84
Tradability15% weightB62A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightD28B67Higher

Rank among Single-Stock Long Leveraged funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AAPE and TSMG are both graded against the same 315 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 315 funds
See all 315 ›

TSMG ranks 1st and AAPE 123rd of 315 funds in the Single-Stock Long Leveraged Category.

  1. Rank 1ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
  2. Rank 2AUNHGLeverage Shares 2x Long UNH Daily ETFScore 72
  3. Rank 123CAALGLeverage Shares 2x Long AAL Daily ETFScore 40
  4. Rank 123CAAPELeverage Shares 2X Long AAPL Daily ETFScore 40
  5. Rank 123CACHXCorgi ACHR 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

AAPECLeverage Shares 2X Long AAPL Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

AAPE No data

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

AAPE No data

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

AAPE No data

  • 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

AAPE No data

  • 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 AAPE profile⁠

Full TSMG profile⁠

AAPE vs TSMG Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AAPE vs TSMG Cost

Overpaying TSMG vs AAPE

$174

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AAPE 0.75%

    $14,482

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • AAPE 0.75%
  • TSMG 0.76%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530TSMG $14,656AAPE $14,482

Year by year

YearAAPETSMGOverpaying
10$1,336$1,353$17
20$5,078$5,142$64
30$14,482$14,656$174

Expense ratio

  • 0.75%AAPE, cheaper
  • 0.76%TSMG
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

AAPE 87th cheapest of 315 funds

TSMG 131st cheapest of 315 funds

AAPE vs TSMG Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
AAPE None
TSMG No data
Last payment
AAPE No data
TSMG $2.73
Ex-dividend
AAPE No data
TSMG Dec 30, 2025
Paid on
AAPE No data
TSMG Jan 2, 2026
Frequency
AAPE No data
TSMG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

AAPEAll AAPE payments⁠

No distribution history available.

TSMGIrregular · 1 paymentAll TSMG payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $2.73. Use the arrow keys to read each point.$0$2.502026YTD

AAPE vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AAPE No dataTSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
AAPE No dataTSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
AAPE No dataTSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
AAPE 0.00TSMG 3.81

Popular comparisons

  • AAPECvsUNHGA

    Leverage Shares 2X Long AAPL Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    0.75% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSMGAvsUNHGA

    Leverage Shares 2x Long TSM Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    0.76% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • AAPECvsOKTGA

    Leverage Shares 2X Long AAPL Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    0.75% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSMGAvsOKTGA

    Leverage Shares 2x Long TSM Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    0.76% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • AAPECvsPANGA

    Leverage Shares 2X Long AAPL Daily ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    0.75% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSMGAvsPANGA

    Leverage Shares 2x Long TSM Daily ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    0.76% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.