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OKLL vs TSMG

Daily Target 2X Long OKLO ETF

OKLLDNasdaq

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

TSMG −0.69pt a year

OKLL1.45%TSMG0.76%

Avg volume · 30D

OKLL 38.8×the volume

OKLL2.64MTSMG68.1K

OKLL vs TSMG Performance

Nov 7, 2025 – Nov 9, 2026

−98.3%OKLL+40.3%TSMG

Nov 7, 2025 to Nov 9, 2026. OKLL −98.3%. TSMG +40.3%. Use the arrow keys to read each point.−50%0%100%Nov 2025May 2026Nov 2026
Expense ratio
OKLL 1.45%
TSMG 0.76%, better
Fund size
OKLL $49M
TSMG $24M
1Y total return
OKLL −98.3%
TSMG +40.3%, better
Holdings
OKLL 10
TSMG 6
Avg volume (30D)
OKLL 2.64M sh, better
TSMG 68.1K sh
NAV per share
OKLL $3.36
TSMG $28.23
52W range

ETF.net Grade

OKLL: Cost 19, Risk 15, Mission 90, Tradability 52, Holdings not scored, Durability 74. TSMG: Cost 70, Risk 82, Mission 75, Tradability 76, Holdings not scored, Durability 66.
Pillar letters and Scores for OKLL, TSMG, with each pillar’s weight
PillarOKLLTSMG
Cost30% weightF19A70Higher
Mission25% weightA90HigherA75
Risk15% weightF15A82Higher
Tradability15% weightC52A76Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA74HigherB66

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. OKLL and TSMG are both graded against the same 312 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 312 funds
See all 312 ›

TSMG ranks 2nd and OKLL 284th of 312 funds in the Single-Stock Long Leveraged Category.

  1. Rank 1AUNHGLeverage Shares 2x Long UNH Daily ETFScore 74
  2. Rank 2ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
  3. Rank 3ACOTGLeverage Shares 2X Long COST Daily ETFScore 70
  4. Rank 281DPLUDaily Target 2X Long PL ETFScore 31
  5. Rank 284DOKLLDaily Target 2X Long OKLO ETFScore 30
  6. Rank 284DQSUDaily Target 2X Long QS ETFScore 30

Our read on each fund

ETF.net Research

OKLLDDaily Target 2X Long OKLO ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

OKLL Twice Oklo's daily move, in a fund wrapper. OKLL is leveraged exposure to an advanced nuclear developer whose first reactor isn't running yet, and the 2x resets every day, so your holding period matters as much as your call.

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

OKLL The Fund seeks daily investment results, before fees and expenses, equal to twice the daily percentage change in Oklo Inc.'s share price.

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

  • OKLL Does what the label says: it aims for twice Oklo's daily percentage change, and has tracked that daily target closely since its 2025 launch.
  • One of the actively traded names in its corner of the market, and it delivers the 2x inside an ordinary brokerage account, with no margin agreement or options approval needed.
  • The underlying is a true pure play: Oklo is building its first Aurora sodium-cooled fast reactor at Idaho National Laboratory, with commercial operation targeted for late this decade.world-nuclear-news.orgworld-nuclear-news.org 2
  • 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

  • OKLL At 1.45%, the fee sits above the category median, and well above the strongest-scoring 2x single-stock peers such as OKTG (0.75%) and TSMG (0.76%).
  • The leverage resets daily. Held longer than a day, results depend on the path the stock takes, and choppy stretches can land short of twice the move.
  • One stock, no diversification cushion: a single licensing, funding or earnings headline moves the whole fund, doubled. It also isn't an income vehicle.
  • 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 OKLL profile⁠

Full TSMG profile⁠

OKLL 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.

OKLL vs TSMG Cost

Overpaying OKLL vs TSMG

$10,914

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

  • OKLL 1.45%

    $25,570

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • OKLL 1.45%
  • TSMG 0.76%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530OKLL $25,570TSMG $14,656

Year by year

YearOKLLTSMGOverpaying
10$2,509$1,353$1,156
20$9,241$5,142$4,099
30$25,570$14,656$10,914

Expense ratio

  • 1.45%OKLL
  • 0.76%TSMG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 312 funds

OKLL 260th cheapest of 312 funds

OKLL vs TSMG Dividends

Last 12 months to Nov 9, 2026
Payout (12M)
OKLL None
TSMG No data
Last payment
OKLL No data
TSMG $2.73
Ex-dividend
OKLL No data
TSMG Dec 30, 2025
Paid on
OKLL No data
TSMG Jan 2, 2026
Frequency
OKLL No data
TSMG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

OKLLAll OKLL payments⁠

No distribution history available.

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

OKLL vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
OKLL 182.5%since Jul 2025TSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
OKLL −0.44since Jul 2025TSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
OKLL −99.7%since Jun 2025TSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
OKLL 9.90TSMG 3.98

Popular comparisons

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    Daily Target 2X Long OKLO ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    1.45% · 0.77%
    Category
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  • TSMGAvsUNHGA

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