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CIR vs TSMG

Corgi CRCL 2x Daily ETF

CIRCCboe

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

CIR −0.31pt a year

CIR0.45%TSMG0.76%

Avg volume · 30D

TSMG 45.4×the volume

CIR1.5KTSMG68.1K

CIR vs TSMG Performance

Aug 7, 2026 – Nov 9, 2026

−15.7%CIR−20.0%TSMG

Aug 7, 2026 to Nov 9, 2026. CIR −15.7%. TSMG −20.0%. Use the arrow keys to read each point.25%50%75%100%125%Aug 2026Sep 2026Nov 2026
Expense ratio
CIR 0.45%, better
TSMG 0.76%
Fund size
CIR $0
TSMG $24M
1Y total return
CIR No data
TSMG +40.3%
Holdings
CIR 1
TSMG 6
Avg volume (30D)
CIR 1.5K sh
TSMG 68.1K sh, better
NAV per share
CIR $18.67
TSMG $28.23
52W range

ETF.net Grade

CIR: Cost 88, Risk 71, Mission not scored, Tradability 15, Holdings not scored, Durability 19. TSMG: Cost 70, Risk 82, Mission 75, Tradability 76, Holdings not scored, Durability 66.
Pillar letters and Scores for CIR, TSMG, with each pillar’s weight
PillarCIRTSMG
Cost30% weightA88HigherA70
Mission25% weightNot scoredA75
Risk15% weightA71A82Higher
Tradability15% weightF15A76Higher
Holdings10% weightNot scoredNot scored
Durability5% weightF19B66Higher

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. CIR and TSMG are both graded against the same 312 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 312 funds
See all 312 ›

TSMG ranks 2nd and CIR 124th of 312 funds in the Single-Stock Long Leveraged Category.

  1. Rank 1AUNHGLeverage Shares 2x Long UNH Daily ETFScore 74
  2. Rank 2ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
  3. Rank 3ACOTGLeverage Shares 2X Long COST Daily ETFScore 70
  4. Rank 124CCDNGLeverage Shares 2X Long CDNS Daily ETFScore 40
  5. Rank 124CCIRCorgi CRCL 2x Daily ETFScore 40
  6. Rank 124CCOHCCorgi COHR 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

CIRCCorgi CRCL 2x Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

CIR 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

CIR 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

CIR 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

CIR 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 CIR profile⁠

Full TSMG profile⁠

CIR 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.

CIR vs TSMG Cost

Overpaying TSMG vs CIR

$5,615

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

  • CIR 0.45%

    $9,041

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • CIR 0.45%
  • 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 $14,656CIR $9,041

Year by year

YearCIRTSMGOverpaying
10$812$1,353$541
20$3,128$5,142$2,014
30$9,041$14,656$5,615

Expense ratio

  • 0.45%CIR, cheaper
  • 0.76%TSMG
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

CIR 7th cheapest of 312 funds

TSMG 131st cheapest of 312 funds

CIR vs TSMG Dividends

Last 12 months to Nov 9, 2026
Payout (12M)
CIR None
TSMG No data
Last payment
CIR No data
TSMG $2.73
Ex-dividend
CIR No data
TSMG Dec 30, 2025
Paid on
CIR No data
TSMG Jan 2, 2026
Frequency
CIR No data
TSMG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

CIRAll CIR 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

CIR vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CIR No dataTSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
CIR No dataTSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
CIR No dataTSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
CIR 0.00TSMG 3.98

Popular comparisons

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