Skip to content
etf.net

HODU vs TSMG

Direxion Daily HOOD Bull 2X ETF

HODUCNasdaq

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

0.0%by weight

Expense ratio

TSMG −0.21pt a year

HODU0.97%TSMG0.76%

Avg volume · 30D

HODU 2.2×the volume

HODU149KTSMG69K

HODU vs TSMG Performance

Dec 31, 2025 – Oct 30, 2026

−67.2%HODU+41.5%TSMG

Dec 31, 2025 to Oct 30, 2026. HODU −67.2%. TSMG +41.5%. Use the arrow keys to read each point.0%100%Dec 2025Jun 2026Oct 2026
Expense ratio
HODU 0.97%
TSMG 0.76%, better
Fund size
HODU $9M
TSMG $28M
1Y total return
HODU No data
TSMG +40.8%
Holdings
HODU 10
TSMG 5
Avg volume (30D)
HODU 149K sh, better
TSMG 69K sh
NAV per share
HODU $8.53
TSMG $33.77
52W range

ETF.net Grade

HODU: Cost 54, Risk 46, Mission 97, Tradability 41, Holdings not scored, Durability 64. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for HODU, TSMG, with each pillar’s weight
PillarHODUTSMG
Cost30% weightC54A70Higher
Mission25% weightA97HigherA79
Risk15% weightC46A84Higher
Tradability15% weightC41A74Higher
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. HODU 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 HODU 84th 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 84CBOEUDirexion Daily BA Bull 2X ETFScore 50
  4. Rank 84CHODUDirexion Daily HOOD Bull 2X ETFScore 50
  5. Rank 84CMSFXT-Rex 2X Long Microsoft Daily Target ETFScore 50

Our read on each fund

ETF.net Research

HODUCDirexion Daily HOOD Bull 2X ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

HODU Two times Robinhood's daily move, reset every single day. Direxion's HOOD bull fund is a short-hold trading instrument rather than a stake in the company, and it has stayed close to that daily target since its 2025 launch.

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

HODU The fund seeks daily investment results equal to 200% of the performance of Robinhood Markets, Inc. common shares, before fees and expenses.

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

  • HODU Does one job: 200% of HOOD's daily move, before fees. It has tracked that daily target closely, placing it in the upper tier of hundreds of leveraged single-stock funds.direxion.com
  • Costs 0.97% net of a waiver through September 1, 2027 (0.99% gross), near the median fee for leveraged single-stock funds.
  • Comes from Direxion, where daily-reset leverage is the core business; HODU arrived in a 2025 batch alongside the firm's Coinbase, Oracle and Intel single-stock funds.direxion.com
  • 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

  • HODU The 2X objective resets daily. Hold for weeks and the result follows the path HOOD took, not just where it landed; choppy stretches can grind the position down.direxion.com
  • The same 2x daily HOOD exposure exists cheaper: HOOX charges 0.68%, with no waiver propping up that number.
  • One company, doubled. A single earnings print or regulatory headline drives the whole position, and this is a young, smaller fund that only launched in late 2025.
  • 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 HODU profile⁠

Full TSMG profile⁠

HODU vs TSMG Holdings

How HODU and TSMG differ

Overlap by weight

0.0%

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

Level by level

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

Sector

No Sector split for HODU and TSMG.

Country, concentration and asset class

Country by domicile

Country weights in HODU and TSMG, widest gap first
CountryMore in HODUMore in TSMG
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • HODU100.0%
  • TSMG212.4%

Securities held

  • HODU3
  • TSMG1

Asset class

HODU
Equity
TSMG
Equity

Holdings

  • Only in HODU3
  • In both0
  • Only in TSMG1

Only in HODU

3 securities, 27.7% of HODU by weight

  • Goldman Finl Sq Trsry Inst 50611.63%
  • Robinhood Markets Inc - A8.70%
  • Goldman Sachs Fin Gov 465 Institut7.42%

Only in TSMG

1 security, 12.4% of TSMG by weight

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

Weight gaps

HODU and TSMG share no securities.

All HODU 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.

HODU vs TSMG Cost

Overpaying HODU vs TSMG

$3,542

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

  • HODU 0.97%

    $18,198

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • HODU 0.97%
  • 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$20K051015202530HODU $18,198TSMG $14,656

Year by year

YearHODUTSMGOverpaying
10$1,712$1,353$359
20$6,443$5,142$1,301
30$18,198$14,656$3,542

Expense ratio

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

TSMG 131st cheapest of 315 funds

HODU 156th cheapest of 315 funds

HODU vs TSMG Dividends

Last 12 months to Oct 30, 2026
Last payment
HODU $0.04
TSMG $2.73
Ex-dividend
HODU Sep 22, 2026
TSMG Dec 30, 2025
Paid on
HODU Sep 29, 2026
TSMG Jan 2, 2026
Frequency
HODU Quarterly
TSMG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

HODUQuarterly · 4 paymentsAll HODU payments⁠
One bar per payment. 4 payments from 2025 to 2026 YTD. Dec 23, 2025 $0.07; Mar 24, 2026 $0.07; Jun 23, 2026 $0.06; Sep 22, 2026 $0.04. 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

HODU vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
HODU No dataTSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
HODU No dataTSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
HODU No dataTSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
HODU 3.74TSMG 3.81

Popular comparisons

  • HODUCvsUNHGA

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

    Expense ratio
    0.97% · 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.

  • HODUCvsOKTGA

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

    Expense ratio
    0.97% · 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.

  • HODUCvsPANGA

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

    Expense ratio
    0.97% · 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.