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CSCL vs TSMG

Direxion Daily CSCO Bull 2X ETF

CSCLBNasdaq

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

TSMG −0.31pt a year

CSCL1.07%TSMG0.76%

Avg volume · 30D

TSMG 1.9×the volume

CSCL36.3KTSMG69K

CSCL vs TSMG Performance

Oct 31, 2025 – Oct 30, 2026

+67.8%CSCL+40.8%TSMG

Oct 31, 2025 to Oct 30, 2026. CSCL +67.8%. TSMG +40.8%. Use the arrow keys to read each point.0%100%150%Oct 2025Apr 2026Oct 2026
Expense ratio
CSCL 1.07%
TSMG 0.76%, better
Fund size
CSCL $10M
TSMG $28M
1Y total return
CSCL +67.8%, better
TSMG +40.8%
Yield (12M)
CSCL 1.64%
TSMG No data
Holdings
CSCL 9
TSMG 5
Avg volume (30D)
CSCL 36.3K sh
TSMG 69K sh, better
NAV per share
CSCL $49.68
TSMG $33.77
52W range

ETF.net Grade

CSCL: Cost 40, Risk 86, Mission 99, Tradability 53, Holdings not scored, Durability 68. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for CSCL, TSMG, with each pillar’s weight
PillarCSCLTSMG
Cost30% weightC40A70Higher
Mission25% weightA99HigherA79
Risk15% weightA86HigherA84
Tradability15% weightC53A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB68HigherB67

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. CSCL 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 CSCL 68th 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 68CAAPXT-REX 2X Long Apple Daily Target ETFScore 55
  4. Rank 68BCSCLDirexion Daily CSCO Bull 2X ETFScore 55
  5. Rank 68BGOUGraniteShares 2x Long GOOG Daily ETFScore 55

Our read on each fund

ETF.net Research

CSCLBDirexion Daily CSCO Bull 2X ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

CSCL Most single-stock leverage chases AI highfliers. CSCL aims at a networking incumbent instead: 200% of Cisco's daily move, before fees, reset every day. A bear twin on the same stock covers the other side.

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

CSCL The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Cisco Systems, Inc. common shares.

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

  • CSCL Does one job with a published number: 200% of Cisco's daily move before fees and expenses. Direxion runs a bear fund on the same stock for traders who want the other side.direxion.com
  • Since its June 2025 launch it has tracked that daily 2x target closely, one of the tighter implementations in a crowded single-stock leverage field.
  • Charged at 1.07% net of a waiver through September 1, 2027, well under the 2.25% gross ratio.
  • 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

  • CSCL Daily reset: hold it longer than a day and returns compound off each day's result, so multi-week outcomes can drift far from 2x Cisco. Built as a trading tool.direxion.com
  • Even net, the fee sits above the category norm, and cheaper peers like OKTG (0.75%) and TSMG (0.76%) carry no waiver to expire.
  • Small asset base and thin trading mean wider spreads; limit orders matter. The record also starts in mid-2025, so there is little history to lean on.
  • 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 CSCL profile⁠

Full TSMG profile⁠

CSCL 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.

CSCL vs TSMG Cost

Overpaying CSCL vs TSMG

$5,159

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

  • CSCL 1.07%

    $19,815

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • CSCL 1.07%
  • 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$15K$20K051015202530CSCL $19,815TSMG $14,656

Year by year

YearCSCLTSMGOverpaying
10$1,881$1,353$528
20$7,046$5,142$1,904
30$19,815$14,656$5,159

Expense ratio

  • 1.07%CSCL
  • 0.76%TSMG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 315 funds

CSCL 213th cheapest of 315 funds

CSCL vs TSMG Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
CSCL 1.64%
TSMG No data
Payout (12M)
CSCL $0.76
TSMG No data
Last payment
CSCL $0.20
TSMG $2.73
Ex-dividend
CSCL Sep 22, 2026
TSMG Dec 30, 2025
Paid on
CSCL Sep 29, 2026
TSMG Jan 2, 2026
Frequency
CSCL Quarterly
TSMG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

CSCLQuarterly · 5 paymentsAll CSCL payments⁠
One bar per payment. 5 payments from 2025 to 2026 YTD. Sep 23, 2025 $0.21; Dec 23, 2025 $0.19; Mar 24, 2026 $0.18; Jun 23, 2026 $0.18; Sep 22, 2026 $0.20. Use the arrow keys to read each point.$0$2.502026YTD
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

CSCL vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CSCL 71.2%since Jul 2025TSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
CSCL 0.84since Jul 2025TSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
CSCL −40.3%since Jun 2025TSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
CSCL 3.96TSMG 3.81

Popular comparisons

  • CSCLBvsUNHGA

    Direxion Daily CSCO Bull 2X ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    1.07% · 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.

  • CSCLBvsOKTGA

    Direxion Daily CSCO Bull 2X ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    1.07% · 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
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  • CSCLBvsPANGA

    Direxion Daily CSCO Bull 2X ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    1.07% · 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.