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DRAL vs TSMG

Defiance Daily Target 2X Long DRAM ETF

DRALBCboe

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

DRAL −0.05pt a year

DRAL0.71%TSMG0.76%

Avg volume · 30D

DRAL 4.4×the volume

DRAL307KTSMG69K

DRAL vs TSMG Performance

Jul 31, 2026 – Oct 30, 2026

−22.1%DRAL−4.6%TSMG

Jul 31, 2026 to Oct 30, 2026. DRAL −22.1%. TSMG −4.6%. Use the arrow keys to read each point.20%40%Jul 2026Sep 2026Oct 2026
Expense ratio
DRAL 0.71%, better
TSMG 0.76%
Fund size
DRAL $10M
TSMG $28M
1Y total return
DRAL No data
TSMG +40.8%
Holdings
DRAL 7
TSMG 5
Avg volume (30D)
DRAL 307K sh, better
TSMG 69K sh
NAV per share
DRAL $6.86
TSMG $33.77
52W range

ETF.net Grade

DRAL: Cost 78, Risk 37, Mission not scored, Tradability 48, Holdings not scored, Durability 54. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for DRAL, TSMG, with each pillar’s weight
PillarDRALTSMG
Cost30% weightA78HigherA70
Mission25% weightNot scoredA79
Risk15% weightD37A84Higher
Tradability15% weightC48A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC54B67Higher

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. DRAL 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 DRAL 44th 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 44BCIEGLeverage Shares 2X Long CIEN Daily ETFScore 59
  4. Rank 44BDRALDefiance Daily Target 2X Long DRAM ETFScore 59
  5. Rank 44BFBLGraniteShares 2x Long META Daily ETFScore 59

Our read on each fund

ETF.net Research

DRALBDefiance Daily Target 2X Long DRAM ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

DRAL 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

DRAL 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

DRAL 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

DRAL 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 DRAL profile⁠

Full TSMG profile⁠

DRAL 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.

DRAL vs TSMG Cost

Overpaying TSMG vs DRAL

$874

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

  • DRAL 0.71%

    $13,782

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • DRAL 0.71%
  • 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 $14,656DRAL $13,782

Year by year

YearDRALTSMGOverpaying
10$1,267$1,353$86
20$4,824$5,142$318
30$13,782$14,656$874

Expense ratio

  • 0.71%DRAL, cheaper
  • 0.76%TSMG
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

DRAL 86th cheapest of 315 funds

TSMG 131st cheapest of 315 funds

DRAL vs TSMG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

DRALAll DRAL 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

DRAL vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DRAL No dataTSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
DRAL No dataTSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
DRAL No dataTSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
DRAL 0.00TSMG 3.81

DRAL and TSMG in the news

All news⁠

Popular comparisons

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    Defiance Daily Target 2X Long DRAM ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
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