ELIL vs TSMG

ELILBDirexion Daily LLY Bull 2X ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

ELIL The leveraged Lilly trade in its cheaper wrapper: 200% of LLY's daily move, priced at 1.07% net of a waiver through September 1, 2027, and below what the only other 2x LLY fund charges.

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

ELIL The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Eli Lilly and Company's 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

• ELIL At 1.07% net of a waiver through September 1, 2027 (1.31% gross), it undercuts LLYX, the other 2x LLY fund, though both sit above the typical fee in this category.
• Narrow mandate, plainly stated: 200% of LLY's daily move, nothing else. It has stayed close to that daily target.direxion.com
• One of the stronger builds in a crowded field of leveraged single-stock bull ETFs.

• 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

• ELIL Daily reset: hold past one day and compounding takes over, so longer-period returns differ from 200% of LLY's move, especially in choppy tape.sec.gov
• One stock, doubled. An earnings print or trial readout moves the whole position, and the 2x multiple magnifies it in both directions.sec.gov
• Small fund, moderate trading volume, so spreads can run wider than in the biggest leveraged names.

• 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 ELIL profile⁠

Full TSMG profile⁠