MSFL vs TSMG

MSFLBGraniteShares 2x Long MSFT Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

MSFL A one-day trading tool, not a way to own Microsoft: it aims to double MSFT's daily move, then resets every evening. Costs 1.15% net of a waiver through December 31, 2026, above the category norm.

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

MSFL The Fund seeks daily results equal to twice the daily percentage change of Microsoft Corporation’s common stock before fees and expenses; it is designed for daily leveraged exposure rather than matching Microsoft’s return over longer periods.

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

• MSFL Does the one job it claims: day to day it has tracked twice MSFT's move closely, which is the only target a daily-reset fund sets.graniteshares.com
• Actively traded with tight on-screen pricing, so getting in and out rarely eats the trade idea itself.
• Among the hundreds of 2x single-stock bull funds, one of the stronger implementations in the group.

• 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

• MSFL Hold past a day and compounding takes over: in choppy stretches it can trail twice MSFT's move, or lose ground while the stock goes nowhere.sec.gov
• 1.15% net of a waiver through December 31, 2026 (1.30% gross), above the category median. Cheaper 2x peers exist, like OKTG at 0.75% and TSMG at 0.76%, on other stocks.
• One company, one day at a time: no diversification cushion, and payouts are not the point of the structure.

• 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 MSFL profile⁠

Full TSMG profile⁠