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HOOX vs TSMG

Daily Target 2X Long HOOD ETF

HOOXBNasdaq

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

HOOX −0.08pt a year

HOOX0.68%TSMG0.76%

Avg volume · 30D

TSMG 1.7×the volume

HOOX41.3KTSMG69K

HOOX vs TSMG Performance

Oct 31, 2025 – Oct 30, 2026

−83.3%HOOX+40.8%TSMG

Oct 31, 2025 to Oct 30, 2026. HOOX −83.3%. TSMG +40.8%. Use the arrow keys to read each point.−50%0%100%Oct 2025Apr 2026Oct 2026
Expense ratio
HOOX 0.68%, better
TSMG 0.76%
Fund size
HOOX $8M
TSMG $28M
1Y total return
HOOX −83.3%
TSMG +40.8%, better
Holdings
HOOX 9
TSMG 5
Avg volume (30D)
HOOX 41.3K sh
TSMG 69K sh, better
NAV per share
HOOX $19.78
TSMG $33.77
52W range

ETF.net Grade

HOOX: Cost 78, Risk 37, Mission 92, Tradability 55, Holdings not scored, Durability 65. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for HOOX, TSMG, with each pillar’s weight
PillarHOOXTSMG
Cost30% weightA78HigherA70
Mission25% weightA92HigherA79
Risk15% weightD37A84Higher
Tradability15% weightB55A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB65B67Higher

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. HOOX 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 HOOX 29th 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 25BTSMXDirexion Daily TSM Bull 2X ETFScore 63
  4. Rank 29BHOOXDaily Target 2X Long HOOD ETFScore 62
  5. Rank 29BMSFUDirexion Daily MSFT Bull 2X SharesScore 62

Our read on each fund

ETF.net Research

HOOXBDaily Target 2X Long HOOD ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

HOOX Two times Robinhood's daily move, no margin account required. HOOX has been running this trade since March 2025 at 0.68%, the cheaper of the two 2x HOOD funds, with leverage that resets every trading 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

HOOX The Fund seeks daily leveraged investment results equal to two times the daily percentage change in the share price of Robinhood Markets, Inc.

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

  • HOOX Flat 0.68%, below the category median, with no waiver expiry to track. The other 2x HOOD fund, HODU, lists 0.99% gross and 0.97% net of a waiver through September 1, 2027.
  • Live since March 2025 and has hewed closely to its stated 2x daily target, one of the stronger implementations in a crowded leveraged single-stock field.
  • Doubled HOOD exposure from a plain brokerage account: no margin agreement, no options chain, no financing to arrange. One ticker, one trade.nasdaq.comdefianceetfs.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

  • HOOX The leverage resets daily. Hold past one session and compounding takes over, so multi-day results can land well off 2x the stock's move, especially in a choppy tape.defianceetfs.com
  • One stock, doubled. A Robinhood earnings print, a swing in trading volumes or a regulatory headline lands here at twice the force, in both directions.
  • A smaller, moderately traded fund rather than a liquidity giant, so bid-ask spreads can widen exactly when HOOD is moving fast.
  • 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 HOOX profile⁠

Full TSMG profile⁠

HOOX 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.

HOOX vs TSMG Cost

Overpaying TSMG vs HOOX

$1,404

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

  • HOOX 0.68%

    $13,252

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • HOOX 0.68%
  • 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$15K051015202530TSMG $14,656HOOX $13,252

Year by year

YearHOOXTSMGOverpaying
10$1,215$1,353$138
20$4,633$5,142$509
30$13,252$14,656$1,404

Expense ratio

  • 0.68%HOOX, cheaper
  • 0.76%TSMG
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

HOOX 85th cheapest of 315 funds

TSMG 131st cheapest of 315 funds

HOOX vs TSMG Dividends

Last 12 months to Oct 30, 2026
Last payment
HOOX $8.76
TSMG $2.73
Ex-dividend
HOOX Dec 30, 2025
TSMG Dec 30, 2025
Paid on
HOOX Dec 31, 2025
TSMG Jan 2, 2026
Frequency
HOOX Irregular
TSMG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

HOOXIrregular · 1 paymentAll HOOX payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $8.76. Use the arrow keys to read each point.$0$102026YTD
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$102026YTD

HOOX vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
HOOX 146.9%since Apr 2025TSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
HOOX 0.74since Apr 2025TSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
HOOX −87.1%since Mar 2025TSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
HOOX 6.69TSMG 3.81

Popular comparisons

  • HOOXBvsUNHGA

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

    Expense ratio
    0.68% · 0.77%
    Category
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  • TSMGAvsUNHGA

    Leverage Shares 2x Long TSM Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    0.76% · 0.77%
    Category
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  • TSMGAvsOKTGA

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    Expense ratio
    0.76% · 0.75%
    Category
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  • HOOXBvsPANGA

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    Category
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  • TSMGAvsPANGA

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    Expense ratio
    0.76% · 0.76%
    Category
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