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GLXU vs TSMG

T-REX 2X Long GLXY Daily Target ETF

GLXUFCboe

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

0.0%by weight

Expense ratio

TSMG −0.74pt a year

GLXU1.50%TSMG0.76%

Avg volume · 30D

GLXU 3.4×the volume

GLXU233KTSMG69K

GLXU vs TSMG Performance

Oct 31, 2025 – Oct 30, 2026

−92.9%GLXU+40.8%TSMG

Oct 31, 2025 to Oct 30, 2026. GLXU −92.9%. TSMG +40.8%. Use the arrow keys to read each point.−50%0%100%Oct 2025Apr 2026Oct 2026
Expense ratio
GLXU 1.50%
TSMG 0.76%, better
Fund size
GLXU $10M
TSMG $28M
1Y total return
GLXU −92.9%
TSMG +40.8%, better
Holdings
GLXU 2
TSMG 5
Avg volume (30D)
GLXU 233K sh, better
TSMG 69K sh
NAV per share
GLXU $2.78
TSMG $33.77
52W range

ETF.net Grade

GLXU: Cost 11, Risk 27, Mission not scored, Tradability 32, Holdings not scored, Durability 62. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for GLXU, TSMG, with each pillar’s weight
PillarGLXUTSMG
Cost30% weightF11A70Higher
Mission25% weightNot scoredA79
Risk15% weightD27A84Higher
Tradability15% weightD32A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB62B67Higher

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. GLXU 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 GLXU 298th 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 298FCRMXTradr 2X Long CRML Daily ETFScore 23
  4. Rank 298FGLXUT-REX 2X Long GLXY Daily Target ETFScore 23
  5. Rank 301FBTDLGraniteShares 2x Long BTDR Daily ETFScore 22

Our read on each fund

ETF.net Research

GLXUFT-REX 2X Long GLXY Daily Target ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

GLXU 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

GLXU 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

GLXU 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

GLXU 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 GLXU profile⁠

Full TSMG profile⁠

GLXU vs TSMG Holdings

How GLXU and TSMG differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of GLXU and 0.0% of TSMG.

Level by level

  • Holdings0 in both0.0%
  • Asset classEquity100%
  • Countryby domicile100%

Sector

No Sector split for GLXU and TSMG.

Country, concentration and asset class

Country by domicile

Country weights in GLXU and TSMG, widest gap first
CountryMore in GLXUMore in TSMG
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • GLXU202.1%
  • TSMG212.4%

Securities held

  • GLXU1
  • TSMG1

Asset class

GLXU
Equity
TSMG
Equity

Holdings

  • Only in GLXU1
  • In both0
  • Only in TSMG1

Only in GLXU

1 security, 1.9% of GLXU by weight

  • First American Government Obli First Am Gov Oblig X1.88%

Only in TSMG

1 security, 12.4% of TSMG by weight

  • First American Treasury Obligations Fund 01/01/204012.41%

Weight gaps

GLXU and TSMG share no securities.

All 3 GLXU holdings⁠All 5 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.

GLXU vs TSMG Cost

Overpaying GLXU vs TSMG

$11,627

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

  • GLXU 1.50%

    $26,283

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • GLXU 1.50%
  • TSMG 0.76%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530GLXU $26,283TSMG $14,656

Year by year

YearGLXUTSMGOverpaying
10$2,590$1,353$1,237
20$9,519$5,142$4,377
30$26,283$14,656$11,627

Expense ratio

  • 1.50%GLXU
  • 0.76%TSMG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 315 funds

GLXU 271st cheapest of 315 funds

GLXU vs TSMG Dividends

Last 12 months to Oct 30, 2026
Last payment
GLXU $0.78
TSMG $2.73
Ex-dividend
GLXU Dec 24, 2025
TSMG Dec 30, 2025
Paid on
GLXU Dec 26, 2025
TSMG Jan 2, 2026
Frequency
GLXU Irregular
TSMG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

GLXUIrregular · 1 paymentAll GLXU payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 24, 2025 $0.78. 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

GLXU vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GLXU 183.9%since Sep 2025TSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
GLXU −0.14since Sep 2025TSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
GLXU −96.0%since Aug 2025TSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
GLXU 10.98TSMG 3.81

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