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ONDG vs TSMG

Leverage Shares 2X Long ONDS Daily ETF

ONDGBNasdaq

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

ONDG −0.01pt a year

ONDG0.75%TSMG0.76%

Avg volume · 30D

ONDG 44.7×the volume

ONDG3.09MTSMG69K

ONDG vs TSMG Performance

Jul 31, 2026 – Oct 30, 2026

−39.7%ONDG−4.6%TSMG

Jul 31, 2026 to Oct 30, 2026. ONDG −39.7%. TSMG −4.6%. Use the arrow keys to read each point.−20%20%40%60%Jul 2026Sep 2026Oct 2026
Expense ratio
ONDG 0.75%, better
TSMG 0.76%
Fund size
ONDG $19M
TSMG $28M
1Y total return
ONDG No data
TSMG +40.8%
Holdings
ONDG 5
TSMG 5
Avg volume (30D)
ONDG 3.09M sh, better
TSMG 69K sh
NAV per share
ONDG $1.50
TSMG $33.77
52W range

ETF.net Grade

ONDG: Cost 70, Risk 28, Mission not scored, Tradability 87, Holdings not scored, Durability 56. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for ONDG, TSMG, with each pillar’s weight
PillarONDGTSMG
Cost30% weightA70A70
Mission25% weightNot scoredA79
Risk15% weightD28A84Higher
Tradability15% weightA87HigherA74
Holdings10% weightNot scoredNot scored
Durability5% weightB56B67Higher

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. ONDG 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 ONDG 29th 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 29BMSFUDirexion Daily MSFT Bull 2X SharesScore 62
  4. Rank 29BONDGLeverage Shares 2X Long ONDS Daily ETFScore 62
  5. Rank 32BBOEGLeverage Shares 2X Long BA Daily ETFScore 61

Our read on each fund

ETF.net Research

ONDGBLeverage Shares 2X Long ONDS Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

ONDG No data

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

ONDG No data

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

ONDG No data

  • 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

ONDG No data

  • 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 ONDG profile⁠

Full TSMG profile⁠

ONDG 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.

ONDG vs TSMG Cost

Overpaying TSMG vs ONDG

$174

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

  • ONDG 0.75%

    $14,482

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • ONDG 0.75%
  • 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$15K051015202530TSMG $14,656ONDG $14,482

Year by year

YearONDGTSMGOverpaying
10$1,336$1,353$17
20$5,078$5,142$64
30$14,482$14,656$174

Expense ratio

  • 0.75%ONDG, cheaper
  • 0.76%TSMG
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

ONDG 87th cheapest of 315 funds

TSMG 131st cheapest of 315 funds

ONDG vs TSMG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

ONDGAll ONDG 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

ONDG vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ONDG No dataTSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
ONDG No dataTSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
ONDG No dataTSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
ONDG 4.90TSMG 3.81

Popular comparisons

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    Leverage Shares 2X Long ONDS Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    0.75% · 0.77%
    Category
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  • TSMGAvsUNHGA

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