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HIMZ vs TSMG

Daily Target 2X Long HIMS ETF

HIMZDNasdaq

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

0.0%by weight

Expense ratio

TSMG −0.57pt a year

HIMZ1.33%TSMG0.76%

Avg volume · 30D

HIMZ 5.1×the volume

HIMZ353KTSMG69K

HIMZ vs TSMG Performance

Oct 31, 2025 – Oct 30, 2026

−87.4%HIMZ+40.8%TSMG

Oct 31, 2025 to Oct 30, 2026. HIMZ −87.4%. TSMG +40.8%. Use the arrow keys to read each point.−50%0%100%Oct 2025Apr 2026Oct 2026
Expense ratio
HIMZ 1.33%
TSMG 0.76%, better
Fund size
HIMZ $52M
TSMG $28M
1Y total return
HIMZ −87.4%
TSMG +40.8%, better
Holdings
HIMZ 10
TSMG 5
Avg volume (30D)
HIMZ 353K sh, better
TSMG 69K sh
NAV per share
HIMZ $22.37
TSMG $33.77
52W range

ETF.net Grade

HIMZ: Cost 22, Risk 35, Mission 99, Tradability 69, Holdings not scored, Durability 76. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for HIMZ, TSMG, with each pillar’s weight
PillarHIMZTSMG
Cost30% weightF22A70Higher
Mission25% weightA99HigherA79
Risk15% weightD35A84Higher
Tradability15% weightB69A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA76HigherB67

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. HIMZ 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 HIMZ 249th 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 249DAPPXTradr 2X Long APP Daily ETFScore 39
  4. Rank 249DHIMZDaily Target 2X Long HIMS ETFScore 39
  5. Rank 249CRBLUT-Rex 2X Long RBLX Daily Target ETFScore 39

Our read on each fund

ETF.net Research

HIMZDDaily Target 2X Long HIMS ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

HIMZ Two times the daily move in Hims & Hers, wrapped in one ticker. Defiance builds it with swaps and options and resets it every day, so it's a one-session tool, and the 1.33% fee (no waiver) sits above the single-stock leverage crowd.

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

HIMZ The Fund seeks 2x the daily percentage change in Hims & Hers Health Inc.'s share price before fees and expenses. It uses swaps and/or listed options and targets this result only for a single trading day.

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

  • HIMZ Does one thing on purpose: targets 2x the daily percentage change in HIMS before fees, using swaps and listed options, for a single trading day.defianceetfs.com
  • Day-to-day results have lined up closely with that stated 2x target, which is the entire job of a daily-reset fund.
  • Listed in March 2025 and moderately traded since, so there's an operating history and a working two-way market behind the ticker, not a day-one listing.
  • 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

  • HIMZ At 1.33%, with no fee waiver in place, it costs more than newer 2x single-stock funds such as TSMG (0.76%) and OKTG (0.75%), and sits above the category median.
  • The 2x target applies to one trading day only. Hold longer and your result is each day's return compounded, which can land far from 2x the period move.
  • Everything rides on one company's share price, and the measured risk record so far covers only about a year of trading.
  • 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 HIMZ profile⁠

Full TSMG profile⁠

HIMZ vs TSMG Holdings

How HIMZ and TSMG differ

Overlap by weight

0.0%

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

Level by level

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

Sector

No Sector split for TSMG.

Country, concentration and asset class

Country by domicile

Country weights in HIMZ and TSMG, widest gap first
CountryMore in HIMZMore in TSMG
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • HIMZ283.9%
  • TSMG212.4%

Securities held

  • HIMZ3
  • TSMG1

Asset class

HIMZ
Equity
TSMG
Equity

Holdings

  • Only in HIMZ3
  • In both0
  • Only in TSMG1

Only in HIMZ

3 securities, 100% of HIMZ by weight

  • United States Treasury Bill 11/19/202681.33%
  • Hims & Hers Health Inc Com? Cs32.91%
  • First American Government Obligations Fund 12/01/20312.22%

Only in TSMG

1 security, 12.4% of TSMG by weight

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

Weight gaps

HIMZ and TSMG share no securities.

All 11 HIMZ 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.

HIMZ vs TSMG Cost

Overpaying HIMZ vs TSMG

$9,161

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

  • HIMZ 1.33%

    $23,817

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • HIMZ 1.33%
  • 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$25K051015202530HIMZ $23,817TSMG $14,656

Year by year

YearHIMZTSMGOverpaying
10$2,313$1,353$960
20$8,564$5,142$3,422
30$23,817$14,656$9,161

Expense ratio

  • 1.33%HIMZ
  • 0.76%TSMG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 315 funds

HIMZ 248th cheapest of 315 funds

HIMZ vs TSMG Dividends

Last 12 months to Oct 30, 2026
Last payment
HIMZ $1.97
TSMG $2.73
Ex-dividend
HIMZ Dec 30, 2025
TSMG Dec 30, 2025
Paid on
HIMZ Dec 31, 2025
TSMG Jan 2, 2026
Frequency
HIMZ Irregular
TSMG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

HIMZIrregular · 1 paymentAll HIMZ payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $1.97. 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

HIMZ vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
HIMZ 208.0%since Apr 2025TSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
HIMZ 0.24since Apr 2025TSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
HIMZ −98.2%since Mar 2025TSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
HIMZ 4.11TSMG 3.81

Popular comparisons

  • HIMZDvsUNHGA

    Daily Target 2X Long HIMS ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    1.33% · 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.

  • HIMZDvsOKTGA

    Daily Target 2X Long HIMS ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    1.33% · 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.

  • HIMZDvsPANGA

    Daily Target 2X Long HIMS ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    1.33% · 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.