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LULG vs TSMG

Leverage Shares 2x Long LULU Daily ETF

LULGBNasdaq

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

LULG −0.01pt a year

LULG0.75%TSMG0.76%

Avg volume · 30D

LULG 7.0×the volume

LULG477KTSMG68.1K

LULG vs TSMG Performance

Nov 7, 2025 – Nov 9, 2026

−68.6%LULG+40.3%TSMG

Nov 7, 2025 to Nov 9, 2026. LULG −68.6%. TSMG +40.3%. Use the arrow keys to read each point.0%100%Nov 2025May 2026Nov 2026
Expense ratio
LULG 0.75%, better
TSMG 0.76%
Fund size
LULG $6M
TSMG $24M
1Y total return
LULG −68.6%
TSMG +40.3%, better
Holdings
LULG 4
TSMG 6
Avg volume (30D)
LULG 477K sh, better
TSMG 68.1K sh
NAV per share
LULG $4.86
TSMG $28.23
52W range

ETF.net Grade

LULG: Cost 70, Risk 50, Mission 93, Tradability 74, Holdings not scored, Durability 52. TSMG: Cost 70, Risk 82, Mission 75, Tradability 76, Holdings not scored, Durability 66.
Pillar letters and Scores for LULG, TSMG, with each pillar’s weight
PillarLULGTSMG
Cost30% weightA70A70
Mission25% weightA93HigherA75
Risk15% weightC50A82Higher
Tradability15% weightA74A76Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC52B66Higher

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. LULG and TSMG are both graded against the same 312 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 312 funds
See all 312 ›

TSMG ranks 2nd and LULG 21st of 312 funds in the Single-Stock Long Leveraged Category.

  1. Rank 1AUNHGLeverage Shares 2x Long UNH Daily ETFScore 74
  2. Rank 2ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
  3. Rank 3ACOTGLeverage Shares 2X Long COST Daily ETFScore 70
  4. Rank 21BKLAGLeverage Shares 2X Long KLAC Daily ETFScore 64
  5. Rank 21BLULGLeverage Shares 2x Long LULU Daily ETFScore 64
  6. Rank 21BSNDGLeverage Shares 2X Long SNDK Daily ETFScore 64

Our read on each fund

ETF.net Research

LULGBLeverage Shares 2x Long LULU Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

LULG Leveraged single-stock ETFs mostly chase megacap tech. LULG points the same machinery at lululemon, aiming for 200% of the stock's daily move, and charges 0.75% to do it.

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

LULG The fund seeks daily investment results equal to 200% of the daily performance of lululemon athletica inc stock, 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

  • LULG 0.75% a year, below the typical leveraged single-stock fund and under the 0.96% Direxion charges on 2x bull products like AAPU and GGLL.
  • The mandate is narrow and literal: 200% of lululemon's daily performance, before fees. No stock picking, no discretion, one job.leverageshares.com
  • It has hewed closely to that stated daily target, and stands among the stronger implementations in a crowded leveraged single-stock cohort.
  • Standard 1940 Act ETF wrapper, so the leverage arrives inside an ordinary brokerage account with no margin loan to service and no options to roll.leverageshares.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

  • LULG The 2x target resets daily. Hold past a session and compounding takes over, so multi-day results can drift well away from twice the stock's move.
  • Everything rides on one apparel retailer. An earnings miss or a guidance cut lands here at double strength, with no other holdings to soften it.
  • Launched in November 2025, so there is little history to judge it on, and it pays no distributions. Returns come from price alone.
  • 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 LULG profile⁠

Full TSMG profile⁠

LULG 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.

LULG vs TSMG Cost

Overpaying TSMG vs LULG

$174

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

  • LULG 0.75%

    $14,482

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • LULG 0.75%
  • 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 $14,656LULG $14,482

Year by year

YearLULGTSMGOverpaying
10$1,336$1,353$17
20$5,078$5,142$64
30$14,482$14,656$174

Expense ratio

  • 0.75%LULG, cheaper
  • 0.76%TSMG
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

LULG 87th cheapest of 312 funds

TSMG 131st cheapest of 312 funds

LULG vs TSMG Dividends

Last 12 months to Nov 9, 2026
Payout (12M)
LULG None
TSMG No data
Last payment
LULG No data
TSMG $2.73
Ex-dividend
LULG No data
TSMG Dec 30, 2025
Paid on
LULG No data
TSMG Jan 2, 2026
Frequency
LULG No data
TSMG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

LULGAll LULG 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

LULG vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
LULG No dataTSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
LULG No dataTSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
LULG −86.7%since Nov 2025TSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
LULG −0.28TSMG 3.98

LULG and TSMG in the news

All news⁠

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