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MCHG vs TSMG

Leverage Shares 2X Long MCHP Daily ETF

MCHGCCboe

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

TSMG −0.23pt a year

MCHG0.99%TSMG0.76%

Avg volume · 30D

TSMG 9.8×the volume

MCHG7.01KTSMG69K

MCHG vs TSMG Performance

Jul 31, 2026 – Nov 2, 2026

−1.4%MCHG−7.6%TSMG

Jul 31, 2026 to Nov 2, 2026. MCHG −1.4%. TSMG −7.6%. Use the arrow keys to read each point.10%20%30%40%Jul 2026Sep 2026Nov 2026
Expense ratio
MCHG 0.99%
TSMG 0.76%, better
Fund size
MCHG $0
TSMG $28M
1Y total return
MCHG No data
TSMG +36.4%
Holdings
MCHG 3
TSMG 5
Avg volume (30D)
MCHG 7.01K sh
TSMG 69K sh, better
NAV per share
MCHG $7.69
TSMG $33.77
52W range

ETF.net Grade

MCHG: Cost 48, Risk 56, Mission not scored, Tradability 45, Holdings not scored, Durability 29. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for MCHG, TSMG, with each pillar’s weight
PillarMCHGTSMG
Cost30% weightC48A70Higher
Mission25% weightNot scoredA79
Risk15% weightB56A84Higher
Tradability15% weightC45A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightD29B67Higher

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. MCHG 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 MCHG 123rd 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 123CLRNXCorgi LRN 2x Daily ETFScore 40
  4. Rank 123CMCHGLeverage Shares 2X Long MCHP Daily ETFScore 40
  5. Rank 123CMETGLeverage Shares 2X Long META Daily ETFScore 40

Our read on each fund

ETF.net Research

MCHGCLeverage Shares 2X Long MCHP Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

MCHG No data

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

MCHG No data

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

MCHG No data

  • 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

MCHG No data

  • 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 MCHG profile⁠

Full TSMG profile⁠

MCHG 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.

MCHG vs TSMG Cost

Overpaying MCHG vs TSMG

$3,869

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

  • MCHG 0.99%

    $18,525

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • MCHG 0.99%
  • 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$20K051015202530MCHG $18,525TSMG $14,656

Year by year

YearMCHGTSMGOverpaying
10$1,746$1,353$393
20$6,565$5,142$1,423
30$18,525$14,656$3,869

Expense ratio

  • 0.99%MCHG
  • 0.76%TSMG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 315 funds

MCHG 169th cheapest of 315 funds

MCHG vs TSMG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

MCHGAll MCHG 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

MCHG vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
MCHG No dataTSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
MCHG No dataTSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
MCHG No dataTSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
MCHG 1.45TSMG 3.81

Popular comparisons

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    Leverage Shares 2X Long MCHP Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
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    Category
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  • TSMGAvsUNHGA

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