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PATX vs TSMG

Tradr 2X Long PATH Daily ETF

PATXDCboe

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

TSMG −0.73pt a year

PATX1.49%TSMG0.76%

Avg volume · 30D

TSMG 1.2×the volume

PATX59KTSMG69K

PATX vs TSMG Performance

Jul 31, 2026 – Oct 30, 2026

+1.3%PATX−4.6%TSMG

Jul 31, 2026 to Oct 30, 2026. PATX +1.3%. TSMG −4.6%. Use the arrow keys to read each point.25%50%75%100%Jul 2026Sep 2026Oct 2026
Expense ratio
PATX 1.49%
TSMG 0.76%, better
Fund size
PATX $3M
TSMG $28M
1Y total return
PATX No data
TSMG +40.8%
Holdings
PATX 2
TSMG 5
Avg volume (30D)
PATX 59K sh
TSMG 69K sh, better
NAV per share
PATX $10.34
TSMG $33.77
52W range

ETF.net Grade

PATX: Cost 11, Risk 58, Mission 86, Tradability 55, Holdings not scored, Durability 49. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for PATX, TSMG, with each pillar’s weight
PillarPATXTSMG
Cost30% weightF11A70Higher
Mission25% weightA86HigherA79
Risk15% weightB58A84Higher
Tradability15% weightB55A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC49B67Higher

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. PATX 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 PATX 264th 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 264DMRALGraniteShares 2x Long MARA Daily ETFScore 34
  4. Rank 264DPATXTradr 2X Long PATH Daily ETFScore 34
  5. Rank 264DSNDUT-REX 2X Long SNDK Daily Target ETFScore 34

Our read on each fund

ETF.net Research

PATXDTradr 2X Long PATH Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

PATX A one-day trade wrapper on UiPath: PATX aims to deliver two times PATH's daily move, then resets the next morning. Most single-stock leveraged funds chase mega-caps; this one points at an automation software name instead.

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

PATX The Fund seeks daily investment results equal to two times the daily performance of UiPath, Inc. common shares and does not target that result for periods longer or shorter than one trading day.

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

  • PATX One job, stated plainly: two times UiPath's daily performance, for a single trading day, and it has held close to that stated daily target.
  • Leverage on a stock the shelf mostly skips. Peers pile into mega-caps (AAPU on Apple, GGLL on Alphabet); this one points at UiPath.
  • Geared exposure inside a registered 1940 Act fund: no margin account, no options chain, and your downside is capped at what you put in.
  • 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

  • PATX The fee is 1.49% a year, above the roughly 1% median for 2x single-stock funds, and well above the 0.75% charged by peers like UNHG and ASMG.
  • Daily reset is the whole mechanism. Hold past one session and your result depends on the path PATH takes, not on two times its move over that stretch.
  • Young and small: launched in 2026, with a modest asset base and lighter trading than the shelf's biggest 2x names, so spreads and order size matter.
  • 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 PATX profile⁠

Full TSMG profile⁠

PATX 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.

PATX vs TSMG Cost

Overpaying PATX vs TSMG

$11,485

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

  • PATX 1.49%

    $26,141

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • PATX 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$30K051015202530PATX $26,141TSMG $14,656

Year by year

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

TSMG 131st cheapest of 315 funds

PATX 263rd cheapest of 315 funds

PATX vs TSMG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

PATXAll PATX 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

PATX vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
PATX No dataTSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
PATX No dataTSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
PATX No dataTSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
PATX −0.09TSMG 3.81

Popular comparisons

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    Expense ratio
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    Category
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  • TSMGAvsUNHGA

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