Skip to content
etf.net

GGLL vs TSMG

Direxion Daily GOOGL Bull 2X ETF

GGLLBNasdaq

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

TSMG −0.20pt a year

GGLL0.96%TSMG0.76%

Avg volume · 30D

GGLL 22.7×the volume

GGLL1.57MTSMG69K

GGLL vs TSMG Performance

Oct 31, 2025 – Nov 2, 2026

−20.4%GGLL+36.4%TSMG

Oct 31, 2025 to Nov 2, 2026. GGLL −20.4%. TSMG +36.4%. Use the arrow keys to read each point.0%75%100%Oct 2025May 2026Nov 2026
Expense ratio
GGLL 0.96%
TSMG 0.76%, better
Fund size
GGLL $948M
TSMG $28M
1Y total return
GGLL −20.4%
TSMG +36.4%, better
Yield (12M)
GGLL 7.85%
TSMG No data
Holdings
GGLL 10
TSMG 5
Avg volume (30D)
GGLL 1.57M sh, better
TSMG 69K sh
NAV per share
GGLL $63.63
TSMG $33.77
52W range

ETF.net Grade

GGLL: Cost 56, Risk 73, Mission 93, Tradability 72, Holdings not scored, Durability 88. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for GGLL, TSMG, with each pillar’s weight
PillarGGLLTSMG
Cost30% weightB56A70Higher
Mission25% weightA93HigherA79
Risk15% weightA73A84Higher
Tradability15% weightA72A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA88HigherB67

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. GGLL 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 GGLL 15th 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 15BGEVGLeverage Shares 2x Long GEV Daily ETFScore 66
  4. Rank 15BGGLLDirexion Daily GOOGL Bull 2X ETFScore 66
  5. Rank 17BARMGLeverage Shares 2x Long ARM Daily ETFScore 65

Our read on each fund

ETF.net Research

GGLLBDirexion Daily GOOGL Bull 2X ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

GGLL A double-strength Alphabet trade in a single ticker. GGLL aims for 200% of GOOGL's daily move, no margin account or options chain required, and Direxion has been running it since 2022.

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

GGLL The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Alphabet Inc.'s Class A 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

  • GGLL Aims for 200% of the daily move in Alphabet Class A shares from a plain brokerage account. No margin agreement, no options chain, no rolling positions yourself.direxion.com
  • Hits its stated daily 2x target tightly, one of the stronger implementations in a crowded field of leveraged single-stock funds.
  • A several-hundred-million-dollar fund that trades actively, so getting in and out is rarely the hard part.
  • Live since 2022, giving this one a real track record through fast tape and slow tape alike, which is more than much of its cohort can say.
  • 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

  • GGLL The 2x resets every day. Hold longer and compounding takes over, so a multi-day result can land far from twice the stock's move over that stretch, especially in choppy markets.direxion.com
  • One company is the entire fund. An earnings miss or an antitrust headline at Alphabet hits here at double strength, downside included.
  • At 0.96%, it runs pricier than 2x single-stock peers such as UNHG, ASMG and AMDG at 0.75%, though it sits under the typical fee in its cohort.
  • 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 GGLL profile⁠

Full TSMG profile⁠

GGLL 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.

GGLL vs TSMG Cost

Overpaying GGLL vs TSMG

$3,378

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

  • GGLL 0.96%

    $18,034

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • GGLL 0.96%
  • 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$20K051015202530GGLL $18,034TSMG $14,656

Year by year

YearGGLLTSMGOverpaying
10$1,695$1,353$342
20$6,383$5,142$1,241
30$18,034$14,656$3,378

Expense ratio

  • 0.96%GGLL
  • 0.76%TSMG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 315 funds

GGLL 154th cheapest of 315 funds

GGLL vs TSMG Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
GGLL 7.85%
TSMG No data
Payout (12M)
GGLL $4.96
TSMG No data
Last payment
GGLL $0.61
TSMG $2.73
Ex-dividend
GGLL Sep 22, 2026
TSMG Dec 30, 2025
Paid on
GGLL Sep 29, 2026
TSMG Jan 2, 2026
Frequency
GGLL Quarterly
TSMG Irregular

Distribution history

Per share, 2022 to 2026, same scale for both

GGLLQuarterly · 19 paymentsAll GGLL payments⁠
One bar per payment. 19 payments from 2022 to 2026 YTD. Sep 20, 2022 $0.0061; Dec 20, 2022 $0.10; Mar 21, 2023 $0.07; Jun 21, 2023 $0.17; Sep 19, 2023 $0.19; Dec 21, 2023 $0.23; Mar 19, 2024 $0.20; Jun 25, 2024 $0.33; Sep 24, 2024 $0.24; Dec 12, 2024 $0.39; Dec 23, 2024 $0.34; Mar 25, 2025 $0.22; Jun 24, 2025 $0.26; Sep 23, 2025 $0.36; Dec 10, 2025 $2.85; Dec 23, 2025 $0.34; Mar 24, 2026 $0.58; Jun 23, 2026 $0.58; Sep 22, 2026 $0.61. Use the arrow keys to read each point.$0$2.5020232026YTD
TSMGIrregular · 1 paymentAll TSMG payments⁠
One bar per payment. 1 payment from 2022 to 2026 YTD. Dec 30, 2025 $2.73. Use the arrow keys to read each point.$0$2.5020232026YTD

GGLL vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GGLL 69.4%TSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
GGLL 0.71TSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
GGLL −57.1%since Sep 2022TSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
GGLL 2.58TSMG 3.81

Popular comparisons

  • GGLLBvsUNHGA

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

    Expense ratio
    0.96% · 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.

  • GGLLBvsOKTGA

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

    Expense ratio
    0.96% · 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.

  • GGLLBvsPANGA

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

    Expense ratio
    0.96% · 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.