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NFLU vs TSMG

T-REX 2X Long NFLX Daily Target ETF

NFLUCCboe

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

TSMG −0.29pt a year

NFLU1.05%TSMG0.76%

Avg volume · 30D

NFLU 3.4×the volume

NFLU236KTSMG69K

NFLU vs TSMG Performance

Oct 31, 2025 – Oct 30, 2026

−76.4%NFLU+40.8%TSMG

Oct 31, 2025 to Oct 30, 2026. NFLU −76.4%. TSMG +40.8%. Use the arrow keys to read each point.−50%0%100%Oct 2025May 2026Oct 2026
Expense ratio
NFLU 1.05%
TSMG 0.76%, better
Fund size
NFLU $22M
TSMG $28M
1Y total return
NFLU −76.4%
TSMG +40.8%, better
Holdings
NFLU 2
TSMG 5
Avg volume (30D)
NFLU 236K sh, better
TSMG 69K sh
NAV per share
NFLU $11.39
TSMG $33.77
52W range

ETF.net Grade

NFLU: Cost 42, Risk 45, Mission 98, Tradability 50, Holdings not scored, Durability 72. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for NFLU, TSMG, with each pillar’s weight
PillarNFLUTSMG
Cost30% weightC42A70Higher
Mission25% weightA98HigherA79
Risk15% weightC45A84Higher
Tradability15% weightC50A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA72HigherB67

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. NFLU 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 NFLU 97th 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 97CNBILGraniteShares 2x Long NBIS Daily ETFScore 46
  4. Rank 97CNFLUT-REX 2X Long NFLX Daily Target ETFScore 46
  5. Rank 97CROBNT-Rex 2X Long HOOD Daily Target ETFScore 46

Our read on each fund

ETF.net Research

NFLUCT-REX 2X Long NFLX Daily Target ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

NFLU Netflix, doubled, one day at a time. NFLU aims for twice NFLX's daily move in a single ticker, resetting the clock at every close, and since its 2024 launch it has stuck close to that stated target.

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

NFLU The fund targets a positive two-times daily result linked to NFLX.

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

  • NFLU Does what it says on the tin: the fund has tracked its two-times daily NFLX target closely, one of the tighter implementations in a field of 200-plus leveraged single-stock funds.
  • Doubled Netflix exposure without a margin account or an options chain. One ticker in a cash brokerage account, and you cannot lose more than you put in.
  • The 1.05% expense ratio lands within a hair of the 1.01% median for leveraged single-stock funds. Going rate for the wrapper, not a premium.
  • 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

  • NFLU The 2x math resets every close. Hold through a choppy stretch and your result can drift well away from twice NFLX's move over that same stretch.
  • One stock, amplified. A single earnings night hits this fund about twice as hard as it hits Netflix shares, in either direction.
  • Cheaper 2x single-stock funds exist: UNHG, ASMG and AMDG run 0.75%. Different underlyings, but the fee gap is real if cost is your first filter.
  • 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 NFLU profile⁠

Full TSMG profile⁠

NFLU 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.

NFLU vs TSMG Cost

Overpaying NFLU vs TSMG

$4,839

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

  • NFLU 1.05%

    $19,495

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • NFLU 1.05%
  • 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$20K051015202530NFLU $19,495TSMG $14,656

Year by year

YearNFLUTSMGOverpaying
10$1,847$1,353$494
20$6,927$5,142$1,785
30$19,495$14,656$4,839

Expense ratio

  • 1.05%NFLU
  • 0.76%TSMG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 315 funds

NFLU 201st cheapest of 315 funds

NFLU vs TSMG Dividends

Last 12 months to Oct 30, 2026
Last payment
NFLU $0.004
TSMG $2.73
Ex-dividend
NFLU Aug 25, 2026
TSMG Dec 30, 2025
Paid on
NFLU Aug 26, 2026
TSMG Jan 2, 2026
Frequency
NFLU Special
TSMG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

NFLUSpecial · 1 paymentAll NFLU payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Aug 25, 2026 $0.004. 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

NFLU vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
NFLU 72.9%since Oct 2024TSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
NFLU −0.22since Oct 2024TSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
NFLU −84.7%since Sep 2024TSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
NFLU 0.64TSMG 3.81

Popular comparisons

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