CATG vs TSMG

CATGCLeverage Shares 2x Long CAT Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

CATG Most 2x single-stock ETFs chase megacap tech. CATG points the same daily-reset machinery at Caterpillar, the yellow-iron bellwether of construction, mining and global capex, aiming for twice CAT's daily move at a below-average fee.

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

CATG The fund seeks to deliver twice the daily performance of Caterpillar Inc. stock, 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

• CATG Aims to deliver twice Caterpillar's daily move from a plain brokerage account, with no margin loan or options ladder to manage.leverageshares.com
• 0.75% a year, under the typical fee for 2x single-stock funds and below Direxion peers such as AAPU and GGLL at 0.96%.
• A 1940 Act ETF wrapper: the 2x multiple and daily reset are spelled out in the prospectus, and your exposure stops at the shares you hold.leverageshares.com
• Industrial rather than tech exposure: the reference is one machinery maker tied to construction and mining demand, a corner rarely covered by leveraged funds.

• 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

• CATG The leverage resets daily. Hold for weeks and results can drift far from twice CAT's move over that stretch, with choppy markets doing the most damage.
• Two-times cuts both ways: a 1% fall in CAT is designed to be about a 2% fall here, before fees.
• A small, thinly traded fund launched in 2026, so spreads and order sizing matter. It pays no distributions; everything rides on price.

• 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 CATG profile⁠

Full TSMG profile⁠