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INFH vs TSMG

Defiance Daily Target 2X Long INFQ ETF

INFHDCboe

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

TSMG −0.55pt a year

INFH1.31%TSMG0.76%

Avg volume · 30D

INFH 3.6×the volume

INFH252KTSMG69K

INFH vs TSMG Performance

Jul 31, 2026 – Oct 30, 2026

−37.2%INFH−4.6%TSMG

Jul 31, 2026 to Oct 30, 2026. INFH −37.2%. TSMG −4.6%. Use the arrow keys to read each point.25%50%75%100%Jul 2026Sep 2026Oct 2026
Expense ratio
INFH 1.31%
TSMG 0.76%, better
Fund size
INFH $3M
TSMG $28M
1Y total return
INFH No data
TSMG +40.8%
Holdings
INFH 7
TSMG 5
Avg volume (30D)
INFH 252K sh, better
TSMG 69K sh
NAV per share
INFH $3.27
TSMG $33.77
52W range

ETF.net Grade

INFH: Cost 25, Risk 29, Mission not scored, Tradability 48, Holdings not scored, Durability 49. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for INFH, TSMG, with each pillar’s weight
PillarINFHTSMG
Cost30% weightD25A70Higher
Mission25% weightNot scoredA79
Risk15% weightD29A84Higher
Tradability15% weightC48A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC49B67Higher

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. INFH 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 INFH 270th 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 264DVRTLGraniteShares 2x Long VRT Daily ETFScore 34
  4. Rank 270DINFHDefiance Daily Target 2X Long INFQ ETFScore 33
  5. Rank 271DAPHUT-REX 2X Long APH Daily Target ETFScore 32

Our read on each fund

ETF.net Research

INFHDDefiance Daily Target 2X Long INFQ ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

INFH Infleqtion is the first neutral-atom quantum company to trade publicly. INFH is the first fund built to double it, aiming for 200% of INFQ's daily move, reset every day. A trading tool, not a buy-and-hold quantum bet.

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

INFH The fund seeks to provide 200% of the daily performance of INFQ, for tactical bullish exposure to quantum-technology innovation and related developments.

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

  • INFH The only 2x daily long wrapper on Infleqtion: magnified exposure in a plain brokerage account, no margin agreement or options chain required.globenewswire.com
  • The mechanism is stated up front: 200% of INFQ's one-day move, reset each day, inside a registered 1940 Act fund rather than a swap line or margin account.defianceetfs.com
  • Unusually specific underlying. Infleqtion builds neutral-atom quantum computers, sensing systems and optical clocks for government, defense and aerospace buyers.defianceetfs.comnasdaq.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

  • INFH Daily reset means multi-day results compound. Defiance states results over longer periods are very likely to differ from 200% of INFQ, and a full loss is possible in one day.globenewswire.com
  • At 1.31%, the fee sits above the middle of the daily 2x single-stock pack, where rivals like STXL, POEL and VSTL run much cheaper.
  • A small, moderately traded fund on a stock that only began trading after a 2026 SPAC merger, and it is built for trading rather than income.defianceetfs.com
  • 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 INFH profile⁠

Full TSMG profile⁠

INFH 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.

INFH vs TSMG Cost

Overpaying INFH vs TSMG

$8,863

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

  • INFH 1.31%

    $23,519

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • INFH 1.31%
  • 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$25K051015202530INFH $23,519TSMG $14,656

Year by year

YearINFHTSMGOverpaying
10$2,280$1,353$927
20$8,450$5,142$3,308
30$23,519$14,656$8,863

Expense ratio

  • 1.31%INFH
  • 0.76%TSMG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 315 funds

INFH 236th cheapest of 315 funds

INFH vs TSMG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

INFHAll INFH 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

INFH vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
INFH No dataTSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
INFH No dataTSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
INFH No dataTSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
INFH 0.00TSMG 3.81

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