METW vs TSMG

METWBRoundhill META WeeklyPay ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

METW Most leveraged single-stock funds reset daily. This one resets on the calendar week, targeting 120% of Meta's Friday-to-Friday total return, and pays shareholders weekly without selling a single call option.

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

METW METW seeks weekly distributions and calendar-week returns before fees and expenses equal to 1.2 times the calendar-week total return of Meta 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

• METW The reset is weekly, not daily. It targets 1.2 times Meta's calendar-week total return (Friday close to Friday close), so the compounding clock that drives 2x and 3x funds runs on a weekly cycle here.roundhillinvestments.com
• It pays weekly without writing options. The distribution comes from a proprietary formula tied to Meta's performance and implied volatility, so upside on the stock is not capped by a sold call.roundhillinvestments.comroundhillinvestments.com 2
• Leverage is dialed down: 1.2x, against the 2x standard of peers like TSMG and OKTG. Exposure runs through total return swaps plus actual Meta shares.roundhillinvestments.com
• Structurally, one of the stronger builds in a crowded leveraged single-stock field: an active fund that stays tight to the 1.2x weekly mandate it publishes.

• 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

• METW Hold past Friday and the math drifts. Weekly compounding means a multi-week or multi-month result can land well away from 1.2x Meta's move over the same stretch, especially after choppy weeks.roundhillinvestments.com
• Costs 1.00%, near the category median but above the cheapest 2x single-stock peers (OKTG at 0.75%, TSMG at 0.76%). No fee waiver in place.
• Launched in 2025 and still small and thinly traded, so the spread is worth watching at the point of trade.

• 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 METW profile⁠

Full TSMG profile⁠