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METU vs TSMG

Direxion Daily META Bull 2X ETF

METUBNasdaq

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

TSMG −0.26pt a year

METU1.02%TSMG0.76%

Avg volume · 30D

METU 84.8×the volume

METU5.85MTSMG69K

METU vs TSMG Performance

Oct 31, 2025 – Oct 30, 2026

−31.1%METU+40.8%TSMG

Oct 31, 2025 to Oct 30, 2026. METU −31.1%. TSMG +40.8%. Use the arrow keys to read each point.−50%0%75%100%Oct 2025Apr 2026Oct 2026
Expense ratio
METU 1.02%
TSMG 0.76%, better
Fund size
METU $373M
TSMG $28M
1Y total return
METU −31.1%
TSMG +40.8%, better
Yield (12M)
METU 3.84%
TSMG No data
Holdings
METU 10
TSMG 5
Avg volume (30D)
METU 5.85M sh, better
TSMG 69K sh
NAV per share
METU $22.25
TSMG $33.77
52W range

ETF.net Grade

METU: Cost 44, Risk 71, Mission 100, Tradability 75, Holdings not scored, Durability 86. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for METU, TSMG, with each pillar’s weight
PillarMETUTSMG
Cost30% weightC44A70Higher
Mission25% weightA100HigherA79
Risk15% weightA71A84Higher
Tradability15% weightA75HigherA74
Holdings10% weightNot scoredNot scored
Durability5% weightA86HigherB67

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. METU 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 METU 37th 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 37BIREGLeverage Shares 2x Long IREN Daily ETFScore 60
  4. Rank 37BMETUDirexion Daily META Bull 2X ETFScore 60
  5. Rank 37CUNHUDirexion Daily UNH Bull 2X ETFScore 60

Our read on each fund

ETF.net Research

METUBDirexion Daily META Bull 2X ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

METU Meta Platforms at double speed: METU aims for 200% of the stock's daily move, then resets every night. It's one of only two US ETFs built on that trade, and one of the busiest names in the leveraged single-stock aisle.

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

METU The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Meta Platforms, Inc. common shares.

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

  • METU Clean mandate: 200% of Meta's daily move before fees, and it has tracked that target closely inside a cohort of 200-plus leveraged single-stock funds.direxion.com
  • Very actively traded, which keeps execution workable for a product designed to be entered and exited on short horizons.
  • At 1.02% a year it undercuts FBL, the other 2x META fund, and lands right at the typical fee for leveraged single-stock ETFs.
  • 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

  • METU The 2x target resets daily. Hold longer and compounding takes over, so a choppy stretch can leave results far from twice Meta's move for the period.direxion.com
  • One stock, no cushion. An earnings miss, an ad-market wobble or a regulatory headline at Meta lands with double force.
  • Launched in 2024, so the track record spans a short run of market conditions, and the 1.02% fee is steep next to plain index funds.
  • 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 METU profile⁠

Full TSMG profile⁠

METU 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.

METU vs TSMG Cost

Overpaying METU vs TSMG

$4,356

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

  • METU 1.02%

    $19,012

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • METU 1.02%
  • 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$20K051015202530METU $19,012TSMG $14,656

Year by year

YearMETUTSMGOverpaying
10$1,797$1,353$444
20$6,746$5,142$1,604
30$19,012$14,656$4,356

Expense ratio

  • 1.02%METU
  • 0.76%TSMG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 315 funds

METU 199th cheapest of 315 funds

METU vs TSMG Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
METU 3.84%
TSMG No data
Payout (12M)
METU $0.83
TSMG No data
Last payment
METU $0.17
TSMG $2.73
Ex-dividend
METU Sep 22, 2026
TSMG Dec 30, 2025
Paid on
METU Sep 29, 2026
TSMG Jan 2, 2026
Frequency
METU Quarterly
TSMG Irregular

Distribution history

Per share, 2024 to 2026, same scale for both

METUQuarterly · 11 paymentsAll METU payments⁠
One bar per payment. 11 payments from 2024 to 2026 YTD. Jun 25, 2024 $0.02; Sep 24, 2024 $0.19; Dec 23, 2024 $0.26; Mar 25, 2025 $0.17; Jun 24, 2025 $0.25; Sep 23, 2025 $0.22; Dec 10, 2025 $0.11; Dec 23, 2025 $0.21; Mar 24, 2026 $0.19; Jun 23, 2026 $0.14; Sep 22, 2026 $0.17. Use the arrow keys to read each point.$0$2.502026YTD
TSMGIrregular · 1 paymentAll TSMG payments⁠
One bar per payment. 1 payment from 2024 to 2026 YTD. Dec 30, 2025 $2.73. Use the arrow keys to read each point.$0$2.502026YTD

METU vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
METU 73.1%since Jul 2024TSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
METU 0.17since Jul 2024TSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
METU −63.9%since Jun 2024TSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
METU 3.23TSMG 3.81

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