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AMDG vs TSMG

Leverage Shares 2x Long AMD Daily ETF

AMDGBNasdaq

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

TSMG −0.02pt a year

AMDG0.78%TSMG0.76%

Avg volume · 30D

TSMG 1.4×the volume

AMDG48.7KTSMG69K

AMDG vs TSMG Performance

Oct 31, 2025 – Oct 30, 2026

+112.2%AMDG+40.8%TSMG

Oct 31, 2025 to Oct 30, 2026. AMDG +112.2%. TSMG +40.8%. Use the arrow keys to read each point.−50%0%150%200%250%Oct 2025Apr 2026Oct 2026
Expense ratio
AMDG 0.78%
TSMG 0.76%, better
Fund size
AMDG $21M
TSMG $28M
1Y total return
AMDG +112.2%, better
TSMG +40.8%
Holdings
AMDG 5
TSMG 5
Avg volume (30D)
AMDG 48.7K sh
TSMG 69K sh, better
NAV per share
AMDG $86.07
TSMG $33.77
52W range

ETF.net Grade

AMDG: Cost 60, Risk 73, Mission 91, Tradability 85, Holdings not scored, Durability 65. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for AMDG, TSMG, with each pillar’s weight
PillarAMDGTSMG
Cost30% weightB60A70Higher
Mission25% weightA91HigherA79
Risk15% weightA73A84Higher
Tradability15% weightA85HigherA74
Holdings10% weightNot scoredNot scored
Durability5% weightB65B67Higher

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. AMDG 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 AMDG 5th 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 3APANGLeverage Shares 2x Long PANW Daily ETFScore 70
  4. Rank 5BAMDGLeverage Shares 2x Long AMD Daily ETFScore 69
  5. Rank 5BASMGLeverage Shares 2x Long ASML Daily ETFScore 69

Our read on each fund

ETF.net Research

AMDGBLeverage Shares 2x Long AMD Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

AMDG The low-cost way to rent 2x AMD. Total return swaps with several banks, rebalanced at every close, targeting double AMD's daily move, at a flat 0.78% with no waiver.

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

AMDG The Fund seeks daily investment results, before fees and expenses, corresponding to 200% of the daily performance of Advanced Micro Devices, Inc. stock (AMD).

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

  • AMDG Costs 0.78% flat, no waiver, and sits below the typical fee in its category. The other 2x daily AMD fund, AMDL, charges 1.07%.
  • Tracks its stated 200%-of-AMD's-daily-move target closely, one of the stronger implementations in a single-stock leveraged bull group numbering in the hundreds.
  • Clean plumbing: a swap book spread across multiple counterparties, rebalanced at each close so exposure resets to the 2x target.leverageshares.com
  • 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

  • AMDG The daily reset compounds. Hold past a day and results can diverge from 2x AMD, with choppy markets doing the most damage.leverageshares.comleverageshares.com 2
  • One stock, doubled. A rough day for AMD lands roughly twice as hard here, and the fund is non-diversified by design.leverageshares.com
  • Smaller and more thinly traded than the longest-running 2x AMD fund, so spreads and limit orders carry more weight.
  • 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 AMDG profile⁠

Full TSMG profile⁠

AMDG 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.

AMDG vs TSMG Cost

Overpaying AMDG vs TSMG

$346

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

  • AMDG 0.78%

    $15,002

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • AMDG 0.78%
  • 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$15K$20K051015202530AMDG $15,002TSMG $14,656

Year by year

YearAMDGTSMGOverpaying
10$1,388$1,353$35
20$5,268$5,142$126
30$15,002$14,656$346

Expense ratio

  • 0.78%AMDG
  • 0.76%TSMG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 315 funds

AMDG 142nd cheapest of 315 funds

AMDG vs TSMG Dividends

Last 12 months to Oct 30, 2026
Last payment
AMDG $2.97
TSMG $2.73
Ex-dividend
AMDG Dec 30, 2025
TSMG Dec 30, 2025
Paid on
AMDG Jan 2, 2026
TSMG Jan 2, 2026
Frequency
AMDG Irregular
TSMG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

AMDGIrregular · 1 paymentAll AMDG payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $2.97. Use the arrow keys to read each point.$0$2.502026YTD
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

AMDG vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AMDG 206.3%since Feb 2025TSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
AMDG 1.20since Feb 2025TSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
AMDG −63.0%since Jan 2025TSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
AMDG 5.60TSMG 3.81

Popular comparisons

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

    Expense ratio
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