Skip to content
etf.net

CRWL vs TSMG

GraniteShares 2x Long CRWD Daily ETF

CRWLCNasdaq

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

TSMG −0.91pt a year

CRWL1.67%TSMG0.76%

Avg volume · 30D

CRWL 2.1×the volume

CRWL140KTSMG68.1K

CRWL vs TSMG Performance

Nov 7, 2025 – Nov 9, 2026

+72.0%CRWL+40.3%TSMG

Nov 7, 2025 to Nov 9, 2026. CRWL +72.0%. TSMG +40.3%. Use the arrow keys to read each point.−50%0%100%150%Nov 2025May 2026Nov 2026
Expense ratio
CRWL 1.67%
TSMG 0.76%, better
Fund size
CRWL $47M
TSMG $24M
1Y total return
CRWL +72.0%, better
TSMG +40.3%
Holdings
CRWL 2
TSMG 6
Avg volume (30D)
CRWL 140K sh, better
TSMG 68.1K sh
NAV per share
CRWL $65.96
TSMG $28.23
52W range

ETF.net Grade

CRWL: Cost 2, Risk 74, Mission 99, Tradability 85, Holdings not scored, Durability 78. TSMG: Cost 70, Risk 82, Mission 75, Tradability 76, Holdings not scored, Durability 66.
Pillar letters and Scores for CRWL, TSMG, with each pillar’s weight
PillarCRWLTSMG
Cost30% weightF2A70Higher
Mission25% weightA99HigherA75
Risk15% weightA74A82Higher
Tradability15% weightA85HigherA76
Holdings10% weightNot scoredNot scored
Durability5% weightA78HigherB66

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. CRWL 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 CRWL 110th 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 110CAMADefiance Daily Target 2X Long AMAT ETFScore 43
  5. Rank 110CCRWLGraniteShares 2x Long CRWD Daily ETFScore 43
  6. Rank 110CDLLLGraniteShares 2x Long DELL Daily ETFScore 43

Our read on each fund

ETF.net Research

CRWLCGraniteShares 2x Long CRWD Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

CRWL A one-day trade on CrowdStrike. CRWL aims to deliver twice CRWD's daily move, resets every night, and makes no claim on any longer stretch. GraniteShares has run it since 2024, and it has stayed close to that 2x daily target.

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

CRWL The Fund seeks daily investment results equal to twice the daily percentage change of CrowdStrike Holdings Inc.'s common stock, before fees and expenses. The objective is measured daily and is not intended to track twice the cumulative return over periods longer than one day.

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

  • CRWL The daily math holds up: CRWL has landed close to twice CRWD's daily move, which is the entire job of a geared single-stock fund.graniteshares.com
  • Liquidity has been workable for a single-stock leveraged fund, so getting a position on or off has not been the hard part.
  • Running since 2024, and GraniteShares files a 2x short CRWD fund in the same prospectus, so both sides of the stock sit under one roof.graniteshares.com
  • Lands in the upper half of a crowded leveraged single-stock field on how cleanly it executes the mandate it wrote down.
  • 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

  • CRWL Cost is the trade-off: 1.50% net of a waiver through December 31, 2026, and 1.82% without it. Rival 2x single-stock funds charge less, with OKTG at 0.75% and TSMG at 0.76% and no waiver attached.
  • The 2x target resets every day. Over a choppy multi-day stretch, compounding can leave the fund short of twice CRWD's move for the period, even if the stock ends higher.graniteshares.com
  • One stock, double the swing. A single earnings print or security headline at CrowdStrike moves this fund twice as hard, in both directions, with no diversification to soften it.graniteshares.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 CRWL profile⁠

Full TSMG profile⁠

CRWL 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.

CRWL vs TSMG Cost

Overpaying CRWL vs TSMG

$13,981

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

  • CRWL 1.67%

    $28,637

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • CRWL 1.67%
  • 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$30K051015202530CRWL $28,637TSMG $14,656

Year by year

YearCRWLTSMGOverpaying
10$2,863$1,353$1,510
20$10,445$5,142$5,303
30$28,637$14,656$13,981

Expense ratio

  • 1.67%CRWL
  • 0.76%TSMG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 312 funds

CRWL 305th cheapest of 312 funds

CRWL vs TSMG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

CRWLAll CRWL 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

CRWL vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CRWL 134.1%since Dec 2024TSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
CRWL 0.90since Dec 2024TSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
CRWL −65.0%since Nov 2024TSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
CRWL 4.67TSMG 3.98

CRWL and TSMG in the news

All news⁠

Popular comparisons

  • CRWLCvsUNHGA

    GraniteShares 2x Long CRWD Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    1.67% · 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.

  • CRWLCvsCOTGA

    GraniteShares 2x Long CRWD Daily ETF · Leverage Shares 2X Long COST Daily ETF

    Expense ratio
    1.67% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSMGAvsCOTGA

    Leverage Shares 2x Long TSM Daily ETF · Leverage Shares 2X Long COST 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.

  • CRWLCvsOKTGA

    GraniteShares 2x Long CRWD Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    1.67% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • 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.