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FUTG vs TSMG

Leverage Shares 2x Long FUTU Daily ETF

FUTGBNasdaq

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

FUTG −0.01pt a year

FUTG0.75%TSMG0.76%

Avg volume · 30D

FUTG 12.0×the volume

FUTG827KTSMG69K

FUTG vs TSMG Performance

Oct 31, 2025 – Oct 30, 2026

−86.3%FUTG+40.8%TSMG

Oct 31, 2025 to Oct 30, 2026. FUTG −86.3%. TSMG +40.8%. Use the arrow keys to read each point.−50%0%100%Oct 2025Apr 2026Oct 2026
Expense ratio
FUTG 0.75%, better
TSMG 0.76%
Fund size
FUTG $13M
TSMG $28M
1Y total return
FUTG −86.3%
TSMG +40.8%, better
Holdings
FUTG 4
TSMG 5
Avg volume (30D)
FUTG 827K sh, better
TSMG 69K sh
NAV per share
FUTG $3.05
TSMG $33.77
52W range

ETF.net Grade

FUTG: Cost 70, Risk 36, Mission 67, Tradability 72, Holdings not scored, Durability 57. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for FUTG, TSMG, with each pillar’s weight
PillarFUTGTSMG
Cost30% weightA70A70
Mission25% weightB67A79Higher
Risk15% weightD36A84Higher
Tradability15% weightA72A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB57B67Higher

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. FUTG 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 FUTG 32nd 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 32BCRCGLeverage Shares 2x Long CRCL Daily ETFScore 61
  4. Rank 32BFUTGLeverage Shares 2x Long FUTU Daily ETFScore 61
  5. Rank 32BMETWRoundhill META WeeklyPay ETFScore 61

Our read on each fund

ETF.net Research

FUTGBLeverage Shares 2x Long FUTU Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

FUTG Leveraged single-stock ETFs mostly crowd around megacap tech. FUTG aims 2x daily leverage at a financials name instead, Futu (FUTU), and charges 0.75% a year to do it.

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

FUTG The Fund seeks daily investment results, before fees and expenses, corresponding to 200% of the daily performance of the FUTU underlying stock.

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

  • FUTG Targets 200% of FUTU's daily move in a plain ETF wrapper: no margin account, no options chain, no borrow to arrange.leverageshares.com
  • 0.75% a year undercuts the typical leveraged single-stock fund and matches the cheapest tier of the category, including Direxion's 2x bulls, which run higher.
  • A 1940 Act fund, not a note: daily holdings disclosure and standard ETF plumbing behind the leverage.leverageshares.com
  • Sits in the upper tier of a very crowded leveraged single-stock field on cost and ease of trading, and it changes hands actively despite a small asset base.
  • 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

  • FUTG The 2x target resets every day. Hold longer and your result can drift well away from twice FUTU's move, especially through choppy stretches.leverageshares.com
  • Leverage runs both directions: a down day in FUTU lands roughly twice as hard. The prospectus frames this as a position to monitor daily.leverageshares.com
  • Launched in late 2025 with a small asset base and no distributions so far, so there is limited history to judge it 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 FUTG profile⁠

Full TSMG profile⁠

FUTG 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.

FUTG vs TSMG Cost

Overpaying TSMG vs FUTG

$174

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

  • FUTG 0.75%

    $14,482

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • FUTG 0.75%
  • 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 $14,656FUTG $14,482

Year by year

YearFUTGTSMGOverpaying
10$1,336$1,353$17
20$5,078$5,142$64
30$14,482$14,656$174

Expense ratio

  • 0.75%FUTG, cheaper
  • 0.76%TSMG
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

FUTG 87th cheapest of 315 funds

TSMG 131st cheapest of 315 funds

FUTG vs TSMG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

FUTGAll FUTG 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

FUTG vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FUTG 92.6%since Nov 2025TSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
FUTG −1.48since Nov 2025TSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
FUTG −86.3%since Oct 2025TSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
FUTG 1.37TSMG 3.81

Popular comparisons

  • FUTGBvsUNHGA

    Leverage Shares 2x Long FUTU Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    0.75% · 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
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  • FUTGBvsOKTGA

    Leverage Shares 2x Long FUTU Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    0.75% · 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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  • FUTGBvsPANGA

    Leverage Shares 2x Long FUTU Daily ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    0.75% · 0.76%
    Category
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  • TSMGAvsPANGA

    Leverage Shares 2x Long TSM Daily ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    0.76% · 0.76%
    Category
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