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ONDU vs TSMG

Tradr 2X Long ONDS Daily ETF

ONDUFCboe

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

TSMG −0.73pt a year

ONDU1.49%TSMG0.76%

Avg volume · 30D

TSMG 2.3×the volume

ONDU30.6KTSMG69K

ONDU vs TSMG Performance

Jul 31, 2026 – Nov 2, 2026

−49.5%ONDU−7.6%TSMG

Jul 31, 2026 to Nov 2, 2026. ONDU −49.5%. TSMG −7.6%. Use the arrow keys to read each point.−25%25%50%75%Jul 2026Sep 2026Nov 2026
Expense ratio
ONDU 1.49%
TSMG 0.76%, better
Fund size
ONDU $2M
TSMG $28M
1Y total return
ONDU No data
TSMG +36.4%
Holdings
ONDU 2
TSMG 5
Avg volume (30D)
ONDU 30.6K sh
TSMG 69K sh, better
NAV per share
ONDU $7.93
TSMG $33.77
52W range

ETF.net Grade

ONDU: Cost 11, Risk 28, Mission 87, Tradability 26, Holdings not scored, Durability 46. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for ONDU, TSMG, with each pillar’s weight
PillarONDUTSMG
Cost30% weightF11A70Higher
Mission25% weightA87HigherA79
Risk15% weightD28A84Higher
Tradability15% weightD26A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC46B67Higher

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. ONDU 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 ONDU 302nd 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 301FBTDLGraniteShares 2x Long BTDR Daily ETFScore 22
  4. Rank 302FONDUTradr 2X Long ONDS Daily ETFScore 21
  5. Rank 303FOCNLT-REX 2X Long DOCN Daily Target ETFScore 20

Our read on each fund

ETF.net Research

ONDUFTradr 2X Long ONDS Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

ONDU Two times the daily move of Ondas Holdings, the drone and private-wireless small cap, in one ticker. Most single-stock leverage points at megacaps; this one takes aim at a name that already swings hard, then doubles it.

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

ONDU The fund seeks daily investment results, before fees and expenses, equal to two times the daily performance of Ondas Holdings Inc. 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

  • ONDU Has tracked its stated two-times daily target on ONDS closely since its January 2026 launch.
  • Geared ONDS exposure in one ticker: no margin account, no borrowing, no options chain to manage.tradretfs.com
  • Rare target. Most 2x single-stock ETFs point at megacaps like AAPL and GOOGL; this one aims at a small-cap drone and private wireless supplier.tipranks.com
  • 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

  • ONDU At 1.49% it costs more than the typical geared single-stock fund, and more than ONDL, the other 2x ONDS ETF, at 1.31%.
  • Leverage resets daily. Hold past a day and compounding takes over, so results can drift well away from 2x the stock's move, especially in choppy markets.tradretfs.com
  • Young and small: it launched in 2026, and geared single-stock funds that stay modest in size can be closed or merged by the issuer.
  • 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 ONDU profile⁠

Full TSMG profile⁠

ONDU 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.

ONDU vs TSMG Cost

Overpaying ONDU vs TSMG

$11,485

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

  • ONDU 1.49%

    $26,141

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • ONDU 1.49%
  • 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$30K051015202530ONDU $26,141TSMG $14,656

Year by year

YearONDUTSMGOverpaying
10$2,574$1,353$1,221
20$9,464$5,142$4,322
30$26,141$14,656$11,485

Expense ratio

  • 1.49%ONDU
  • 0.76%TSMG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 315 funds

ONDU 263rd cheapest of 315 funds

ONDU vs TSMG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

ONDUAll ONDU 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

ONDU vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ONDU No dataTSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
ONDU No dataTSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
ONDU No dataTSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
ONDU 4.92TSMG 3.81

Popular comparisons

  • ONDUFvsUNHGA

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

    Expense ratio
    1.49% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSMGAvsUNHGA

    Leverage Shares 2x Long TSM Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    0.76% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • ONDUFvsOKTGA

    Tradr 2X Long ONDS Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    1.49% · 0.75%
    Category
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  • TSMGAvsOKTGA

    Leverage Shares 2x Long TSM Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    0.76% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • ONDUFvsPANGA

    Tradr 2X Long ONDS Daily ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    1.49% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSMGAvsPANGA

    Leverage Shares 2x Long TSM Daily ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    0.76% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.