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BEG vs TSMG

Leverage Shares 2x Long BE Daily ETF

BEGBNasdaq

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

BEG −0.01pt a year

BEG0.75%TSMG0.76%

Avg volume · 30D

BEG 5.4×the volume

BEG373KTSMG69K

BEG vs TSMG Performance

Dec 31, 2025 – Oct 30, 2026

+81.1%BEG+41.5%TSMG

Dec 31, 2025 to Oct 30, 2026. BEG +81.1%. TSMG +41.5%. Use the arrow keys to read each point.200%400%600%Dec 2025Jun 2026Oct 2026
Expense ratio
BEG 0.75%, better
TSMG 0.76%
Fund size
BEG $40M
TSMG $28M
1Y total return
BEG No data
TSMG +40.8%
Holdings
BEG 5
TSMG 5
Avg volume (30D)
BEG 373K sh, better
TSMG 69K sh
NAV per share
BEG $24.54
TSMG $33.77
52W range

ETF.net Grade

BEG: Cost 70, Risk 48, Mission 63, Tradability 76, Holdings not scored, Durability 61. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for BEG, TSMG, with each pillar’s weight
PillarBEGTSMG
Cost30% weightA70A70
Mission25% weightB63A79Higher
Risk15% weightC48A84Higher
Tradability15% weightA76HigherA74
Holdings10% weightNot scoredNot scored
Durability5% weightB61B67Higher

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. BEG 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 BEG 18th 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 18BARMGLeverage Shares 2x Long ARM Daily ETFScore 65
  4. Rank 18BBEGLeverage Shares 2x Long BE Daily ETFScore 65
  5. Rank 18BKLAGLeverage Shares 2X Long KLAC Daily ETFScore 65

Our read on each fund

ETF.net Research

BEGBLeverage Shares 2x Long BE Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

BEG Two US ETFs offer 2x daily Bloom Energy exposure. BEG is the cheap one: 0.75% a year for a fund built to track 200% of BE's daily move, reset every single 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

BEG The fund seeks daily investment results equal to 200% of Bloom Energy Corporation stock's daily performance before fees and expenses.

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

  • BEG The fee is the pitch: 0.75% a year, against 1.30% for BEX, the other 2x Bloom Energy ETF.
  • One job, stated plainly: 200% of Bloom Energy's daily performance before fees and expenses. No index, no basket, no overlay to decode.leverageshares.com
  • A registered 1940 Act fund, so the leveraged exposure arrives in an ordinary brokerage account with no margin loan to arrange.leverageshares.com
  • Sits in the upper half of a crowded field of leveraged single-stock bull funds, helped by one of the lower fees in that group.
  • 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

  • BEG The 2x target resets daily. Hold longer and compounding takes over: a choppy stretch can leave you short of 2x even if BE ends higher.
  • Everything rides on one fuel-cell maker, doubled. A single guidance change or bad print at Bloom Energy lands twice as hard.
  • Launched in December 2025, so there is little history to study and the fund is still building its trading record.
  • 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 BEG profile⁠

Full TSMG profile⁠

BEG 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.

BEG vs TSMG Cost

Overpaying TSMG vs BEG

$174

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

  • BEG 0.75%

    $14,482

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • BEG 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 $14,656BEG $14,482

Year by year

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

Expense ratio

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

BEG 87th cheapest of 315 funds

TSMG 131st cheapest of 315 funds

BEG vs TSMG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

BEGAll BEG 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

BEG vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

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

Popular comparisons

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