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GOU vs TSMG

GraniteShares 2x Long GOOG Daily ETF

GOUBNasdaq

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

TSMG −0.42pt a year

GOU1.18%TSMG0.76%

Avg volume · 30D

GOU 2.1×the volume

GOU147KTSMG69K

GOU vs TSMG Performance

Dec 31, 2025 – Oct 30, 2026

−34.1%GOU+41.5%TSMG

Dec 31, 2025 to Oct 30, 2026. GOU −34.1%. TSMG +41.5%. Use the arrow keys to read each point.0%25%75%100%Dec 2025Jun 2026Oct 2026
Expense ratio
GOU 1.18%
TSMG 0.76%, better
Fund size
GOU $16M
TSMG $28M
1Y total return
GOU No data
TSMG +40.8%
Holdings
GOU 2
TSMG 5
Avg volume (30D)
GOU 147K sh, better
TSMG 69K sh
NAV per share
GOU $16.53
TSMG $33.77
52W range

ETF.net Grade

GOU: Cost 37, Risk 69, Mission 90, Tradability 77, Holdings not scored, Durability 64. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for GOU, TSMG, with each pillar’s weight
PillarGOUTSMG
Cost30% weightD37A70Higher
Mission25% weightA90HigherA79
Risk15% weightB69A84Higher
Tradability15% weightA77HigherA74
Holdings10% weightNot scoredNot scored
Durability5% weightB64B67Higher

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. GOU 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 GOU 68th 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 68BCSCLDirexion Daily CSCO Bull 2X ETFScore 55
  4. Rank 68BGOUGraniteShares 2x Long GOOG Daily ETFScore 55
  5. Rank 71CAAOGLeverage Shares 2X Long AAOI Daily ETFScore 54

Our read on each fund

ETF.net Research

GOUBGraniteShares 2x Long GOOG Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

GOU Two times Alphabet's daily move, in one ticker. GraniteShares listed the first leveraged single-stock ETFs in the US in 2022, and GOU is its 2x dial on Google's parent, reset every day.

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

GOU The Fund seeks daily investment results, before fees and expenses, equal to 2 times the daily percentage change of Alphabet Inc. Class A common 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

  • GOU The mandate is narrow and literal: a swap-based 2x on Alphabet Class A, close to close. Day to day it has stayed tight to that stated target.sec.gov
  • From the house that put the first short and leveraged single-stock ETFs on US exchanges in 2022, so the daily-swap plumbing is well-worn.etfgi.comgraniteshares.com
  • The dial is 2x, not 3x. You still double Alphabet's daily move, with less of the knife-edge math the most aggressive single-stock funds carry.graniteshares.com
  • Among the stronger-rated implementations in a crowded single-stock leverage field, and it trades actively enough for a fund this young.
  • 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

  • GOU Costs 1.15% net of a waiver through December 31, 2026 (1.18% gross), above the typical single-stock leveraged fund; 2x peers like TSMG charge 0.76%.
  • Daily reset means the math compounds. Over periods longer than a day the prospectus warns the fund can lose money even if Alphabet rises.sec.gov
  • One company, amplified: an earnings print or a headline lands twice as hard, and the issuer frames the fund for investors who monitor positions daily.sec.gov
  • 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 GOU profile⁠

Full TSMG profile⁠

GOU 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.

GOU vs TSMG Cost

Overpaying GOU vs TSMG

$6,887

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

  • GOU 1.18%

    $21,543

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • GOU 1.18%
  • 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$20K$25K051015202530GOU $21,543TSMG $14,656

Year by year

YearGOUTSMGOverpaying
10$2,065$1,353$712
20$7,697$5,142$2,555
30$21,543$14,656$6,887

Expense ratio

  • 1.18%GOU
  • 0.76%TSMG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 315 funds

GOU 224th cheapest of 315 funds

GOU vs TSMG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

GOUAll GOU 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

GOU vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GOU No dataTSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
GOU No dataTSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
GOU No dataTSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
GOU 5.34TSMG 3.81

Popular comparisons

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