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MRVU vs TSMG

Direxion Daily MRVL Bull 2X ETF

MRVUBNasdaq

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

0.0%by weight

Expense ratio

TSMG −0.21pt a year

MRVU0.97%TSMG0.76%

Avg volume · 30D

MRVU 2.7×the volume

MRVU187KTSMG69K

MRVU vs TSMG Performance

Jul 31, 2026 – Nov 2, 2026

−32.1%MRVU−7.6%TSMG

Jul 31, 2026 to Nov 2, 2026. MRVU −32.1%. TSMG −7.6%. Use the arrow keys to read each point.25%50%75%100%Jul 2026Sep 2026Nov 2026
Expense ratio
MRVU 0.97%
TSMG 0.76%, better
Fund size
MRVU $66M
TSMG $28M
1Y total return
MRVU No data
TSMG +36.4%
Holdings
MRVU 11
TSMG 5
Avg volume (30D)
MRVU 187K sh, better
TSMG 69K sh
NAV per share
MRVU $75.04
TSMG $33.77
52W range

ETF.net Grade

MRVU: Cost 54, Risk 59, Mission 95, Tradability 61, Holdings not scored, Durability 71. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for MRVU, TSMG, with each pillar’s weight
PillarMRVUTSMG
Cost30% weightC54A70Higher
Mission25% weightA95HigherA79
Risk15% weightB59A84Higher
Tradability15% weightB61A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA71HigherB67

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. MRVU 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 MRVU 54th 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 54BHUTGLeverage Shares 2X Long HUT Daily ETFScore 58
  4. Rank 54BMRVUDirexion Daily MRVL Bull 2X ETFScore 58
  5. Rank 57BCBRGLeverage Shares 2X Long CBRS Daily ETFScore 57

Our read on each fund

ETF.net Research

MRVUBDirexion Daily MRVL Bull 2X ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

MRVU 2x Marvell's daily move in a single ticker, from the house that built the daily leveraged ETF playbook. The fee runs 0.97% net of a waiver through September 1, 2027, undercutting the rival 2x Marvell fund.

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

MRVU The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Marvell Technology, Inc.'s 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

  • MRVU 0.97% net of a waiver through September 1, 2027 (0.99% gross). Near the category median, and far under MVLL at 1.50% net of a waiver through December 31, 2026 (2.52% gross).
  • Closely tracks its 200% daily target, one of the stronger implementations in the leveraged single-stock bull pack.
  • Geared MRVL exposure in one ticker: no margin account, no options chain, no financing leg to roll yourself.direxion.com
  • Moderately traded with a mid-size asset base, so retail-size orders are not fighting for air.
  • 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

  • MRVU Daily reset compounds. Direxion says the fund should not be expected to track MRVL over periods longer than one day, and it can lose money even if MRVL rises over a longer stretch.direxion.com
  • Everything rides on one data-infrastructure chipmaker. Marvell's earnings gaps and AI news flow land here at double speed.marvell.com
  • Launched February 2026, so the record is short, and the fee can step to the 0.99% gross rate once the waiver ends September 1, 2027.
  • 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 MRVU profile⁠

Full TSMG profile⁠

MRVU vs TSMG Holdings

How MRVU and TSMG differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of MRVU and 0.0% of TSMG.

Level by level

  • Holdings0 in both0.0%
  • Asset classEquity100%
  • Countryby domicile100%

Sector

No Sector split for MRVU and TSMG.

Country, concentration and asset class

Country by domicile

Country weights in MRVU and TSMG, widest gap first
CountryMore in MRVUMore in TSMG
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • MRVU99.8%
  • TSMG214.6%

Securities held

  • MRVU3
  • TSMG1

Asset class

MRVU
Equity
TSMG
Equity

Holdings

  • Only in MRVU3
  • In both0
  • Only in TSMG1

Only in MRVU

3 securities, 18.6% of MRVU by weight

  • Goldman Finl Sq Trsry Inst 50616.54%
  • Goldman Sachs Fin Gov 465 Institut1.71%
  • Marvell Technology Inc0.33%

Only in TSMG

1 security, 14.6% of TSMG by weight

  • First American Treasury Obligations Fund 01/01/204014.59%

Weight gaps

MRVU and TSMG share no securities.

All MRVU holdings⁠All 5 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.

MRVU vs TSMG Cost

Overpaying MRVU vs TSMG

$3,542

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

  • MRVU 0.97%

    $18,198

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • MRVU 0.97%
  • 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$20K051015202530MRVU $18,198TSMG $14,656

Year by year

YearMRVUTSMGOverpaying
10$1,712$1,353$359
20$6,443$5,142$1,301
30$18,198$14,656$3,542

Expense ratio

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

TSMG 131st cheapest of 315 funds

MRVU 156th cheapest of 315 funds

MRVU vs TSMG Dividends

Last 12 months to Nov 2, 2026
Last payment
MRVU $0.38
TSMG $2.73
Ex-dividend
MRVU Sep 22, 2026
TSMG Dec 30, 2025
Paid on
MRVU Sep 29, 2026
TSMG Jan 2, 2026
Frequency
MRVU Quarterly
TSMG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

MRVUQuarterly · 3 paymentsAll MRVU payments⁠
One bar per payment. 3 payments from 2025 to 2026 YTD. Mar 24, 2026 $0.05; Jun 23, 2026 $0.35; Sep 22, 2026 $0.38. Use the arrow keys to read each point.$0$2.502026YTD
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

MRVU vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
MRVU No dataTSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
MRVU No dataTSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
MRVU No dataTSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
MRVU 8.08TSMG 3.81

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