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AMZZ vs TSMG

GraniteShares 2x Long AMZN Daily ETF

AMZZBNasdaq

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

TSMG −0.39pt a year

AMZZ1.15%TSMG0.76%

Avg volume · 30D

AMZZ 2.1×the volume

AMZZ141KTSMG69K

AMZZ vs TSMG Performance

Oct 31, 2025 – Nov 2, 2026

−15.6%AMZZ+36.4%TSMG

Oct 31, 2025 to Nov 2, 2026. AMZZ −15.6%. TSMG +36.4%. Use the arrow keys to read each point.75%100%Oct 2025May 2026Nov 2026
Expense ratio
AMZZ 1.15%
TSMG 0.76%, better
Fund size
AMZZ $43M
TSMG $28M
1Y total return
AMZZ −15.6%
TSMG +36.4%, better
Holdings
AMZZ 2
TSMG 5
Avg volume (30D)
AMZZ 141K sh, better
TSMG 69K sh
NAV per share
AMZZ $29.12
TSMG $33.77
52W range

ETF.net Grade

AMZZ: Cost 38, Risk 60, Mission 85, Tradability 83, Holdings not scored, Durability 79. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for AMZZ, TSMG, with each pillar’s weight
PillarAMZZTSMG
Cost30% weightD38A70Higher
Mission25% weightA85HigherA79
Risk15% weightB60A84Higher
Tradability15% weightA83HigherA74
Holdings10% weightNot scoredNot scored
Durability5% weightA79HigherB67

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. AMZZ 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 AMZZ 62nd 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 62BAMUUDirexion Daily AMD Bull 2X ETFScore 56
  4. Rank 62BAMZZGraniteShares 2x Long AMZN Daily ETFScore 56
  5. Rank 62BCRCAProShares Ultra CRCLScore 56

Our read on each fund

ETF.net Research

AMZZBGraniteShares 2x Long AMZN Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

AMZZ Twice Amazon's daily move in one ticker, rebuilt every night. Built for traders working a single mega-cap, not a set-and-forget holding, and one of the closer trackers in a very crowded leveraged field.

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

AMZZ The Fund seeks daily investment results, before fees and expenses, equal to two times the daily percentage change in Amazon's common 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

  • AMZZ Hits its mandate: the fund has stayed close to its 2x-daily target, among the stronger implementations in a peer group of hundreds of single-stock leveraged funds.
  • Amazon exposure doubled without a margin account or an options chain: the leverage is packaged inside the fund, via swaps plus direct AMZN shares.graniteshares.comyahoo.com
  • Trading since March 2024, with a moderately active market in the shares and trading costs that stack up well against its leveraged peers.
  • 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

  • AMZZ Costs 1.15% (1.21% gross, net of a waiver through December 31, 2026), above the category median; cheaper peers exist, like OKTG at 0.75%, on other stocks.
  • Daily reset means multi-day results come from compounding, and can diverge from 2x Amazon over the same stretch, especially after choppy trading.sec.gov
  • One stock, geared: a rough day for AMZN lands roughly twice as hard. The fund is non-diversified by design.sec.govyahoo.com
  • 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 AMZZ profile⁠

Full TSMG profile⁠

AMZZ 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.

AMZZ vs TSMG Cost

Overpaying AMZZ vs TSMG

$6,421

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

  • AMZZ 1.15%

    $21,077

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • AMZZ 1.15%
  • 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$20K$25K051015202530AMZZ $21,077TSMG $14,656

Year by year

YearAMZZTSMGOverpaying
10$2,015$1,353$662
20$7,521$5,142$2,379
30$21,077$14,656$6,421

Expense ratio

  • 1.15%AMZZ
  • 0.76%TSMG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 315 funds

AMZZ 222nd cheapest of 315 funds

AMZZ vs TSMG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

AMZZAll AMZZ 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

AMZZ vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AMZZ 62.2%since Apr 2024TSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
AMZZ 0.26since Apr 2024TSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
AMZZ −55.3%since Mar 2024TSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
AMZZ 3.29TSMG 3.81

Popular comparisons

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    GraniteShares 2x Long AMZN Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
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    Category
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