ASMG vs TSMG

ASMGBLeverage Shares 2x Long ASML Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

ASMG Two times ASML's daily move, reset each day. Since its January 2025 launch, ASMG has stuck closely to that one narrow job, at a fee below the single-stock leverage median. The issuer calls it a short-term tool, and means it.

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

ASMG The fund seeks to deliver twice the daily performance of ASML stock, before fees and expenses, for short-term leveraged exposure.

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

• ASMG The mandate is one line: 200% of ASML's daily move, before fees. No options overlay, no manager discretion, no index to drift from.leverageshares.com
• One of the stronger implementations in a field of hundreds of single-stock leverage funds, staying close to its stated 2x daily target since launch.
• Priced below the typical single-stock leveraged fund, with no waiver propping up the number, so there is no step-up date waiting down the road.
• Sibling funds price within a basis point or two of each other (OKTG 0.75%, TSMG 0.76%), so the pick comes down to the underlying stock, not the sticker.

• 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

• ASMG The daily reset compounds. Held through a choppy stretch, results can diverge from 2x the period move in either direction. The issuer frames it as short-term.leverageshares.com
• Everything rides on one company's news flow, doubled. No diversification to soften an earnings night.
• A small fund by category standards, and this sponsor has closed siblings in the lineup that did not attract enough assets.leverageshares.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 ASMG profile⁠

Full TSMG profile⁠