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BMNU vs TSMG

T-Rex 2x Long BMNR Daily Target ETF

BMNUDCboe

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

TSMG −0.74pt a year

BMNU1.50%TSMG0.76%

Avg volume · 30D

BMNU 70.7×the volume

BMNU4.88MTSMG69K

BMNU vs TSMG Performance

Oct 31, 2025 – Oct 30, 2026

−94.1%BMNU+40.8%TSMG

Oct 31, 2025 to Oct 30, 2026. BMNU −94.1%. TSMG +40.8%. Use the arrow keys to read each point.−50%0%100%Oct 2025Apr 2026Oct 2026
Expense ratio
BMNU 1.50%
TSMG 0.76%, better
Fund size
BMNU $278M
TSMG $28M
1Y total return
BMNU −94.1%
TSMG +40.8%, better
Holdings
BMNU 7
TSMG 5
Avg volume (30D)
BMNU 4.88M sh, better
TSMG 69K sh
NAV per share
BMNU $13.22
TSMG $33.77
52W range

ETF.net Grade

BMNU: Cost 11, Risk 24, Mission not scored, Tradability 59, Holdings not scored, Durability 74. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for BMNU, TSMG, with each pillar’s weight
PillarBMNUTSMG
Cost30% weightF11A70Higher
Mission25% weightNot scoredA79
Risk15% weightF24A84Higher
Tradability15% weightB59A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA74HigherB67

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. BMNU 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 BMNU 275th 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 275DBBULGraniteShares 2x Long BB Daily ETFScore 30
  4. Rank 275DBMNUT-Rex 2x Long BMNR Daily Target ETFScore 30
  5. Rank 275DIONLGraniteShares 2x Long IONQ Daily ETFScore 30

Our read on each fund

ETF.net Research

BMNUDT-Rex 2x Long BMNR Daily Target ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

BMNU 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

BMNU 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

BMNU 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

BMNU 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 BMNU profile⁠

Full TSMG profile⁠

BMNU 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.

BMNU vs TSMG Cost

Overpaying BMNU vs TSMG

$11,627

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

  • BMNU 1.50%

    $26,283

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • BMNU 1.50%
  • TSMG 0.76%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530BMNU $26,283TSMG $14,656

Year by year

YearBMNUTSMGOverpaying
10$2,590$1,353$1,237
20$9,519$5,142$4,377
30$26,283$14,656$11,627

Expense ratio

  • 1.50%BMNU
  • 0.76%TSMG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 315 funds

BMNU 271st cheapest of 315 funds

BMNU vs TSMG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

BMNUAll BMNU 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

BMNU vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BMNU 161.4%since Oct 2025TSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
BMNU −0.96since Oct 2025TSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
BMNU −98.3%since Sep 2025TSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
BMNU 2.52TSMG 3.81

BMNU and TSMG in the news

All news⁠

Popular comparisons

  • BMNUDvsUNHGA

    T-Rex 2x Long BMNR Daily Target ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    1.50% · 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.

  • BMNUDvsOKTGA

    T-Rex 2x Long BMNR Daily Target ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    1.50% · 0.75%
    Category
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  • 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.

  • BMNUDvsPANGA

    T-Rex 2x Long BMNR Daily Target ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    1.50% · 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.