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PLU vs TSMG

Daily Target 2X Long PL ETF

PLUDCboe

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

0.0%by weight

Expense ratio

TSMG −0.66pt a year

PLU1.42%TSMG0.76%

Avg volume · 30D

PLU 3.1×the volume

PLU217KTSMG69K

PLU vs TSMG Performance

Jul 31, 2026 – Nov 2, 2026

−67.5%PLU−7.6%TSMG

Jul 31, 2026 to Nov 2, 2026. PLU −67.5%. TSMG −7.6%. Use the arrow keys to read each point.−40%−20%20%40%Jul 2026Sep 2026Nov 2026
Expense ratio
PLU 1.42%
TSMG 0.76%, better
Fund size
PLU $5M
TSMG $28M
1Y total return
PLU No data
TSMG +36.4%
Holdings
PLU 9
TSMG 5
Avg volume (30D)
PLU 217K sh, better
TSMG 69K sh
NAV per share
PLU $2.82
TSMG $33.77
52W range

ETF.net Grade

PLU: Cost 20, Risk 34, Mission 93, Tradability 44, Holdings not scored, Durability 56. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for PLU, TSMG, with each pillar’s weight
PillarPLUTSMG
Cost30% weightF20A70Higher
Mission25% weightA93HigherA79
Risk15% weightD34A84Higher
Tradability15% weightC44A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB56B67Higher

Rank among Single-Stock Long Leveraged funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. PLU 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 PLU 272nd 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 272DPDDLGraniteShares 2x Long PDD Daily ETFScore 31
  4. Rank 272DPLUDaily Target 2X Long PL ETFScore 31
  5. Rank 275DBBULGraniteShares 2x Long BB Daily ETFScore 30

Our read on each fund

ETF.net Research

PLUDDaily Target 2X Long PL ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

PLU The first 2X daily ETF on Planet Labs, the satellite outfit that photographs the whole Earth every day. It aims for twice PL's daily percentage move and resets at every close, one trading day at a time.

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

PLU The Fund seeks daily investment results equal to two times the daily percentage change in Planet Labs PBC’s share price, before fees and expenses. It is designed for short-term use and does not target results over periods longer 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

  • PLU Packages 2X daily exposure to Planet Labs in plain ETF shares, so a geospatial-data trade needs no margin account and no options chain.nasdaq.com
  • Does what it says on the tin: swaps sized to twice PL's daily percentage change, and the fund has tracked that one-day target closely since launch.defianceetfs.com
  • Built in the standard 1940 Act ETF wrapper, so the position trades in an ordinary brokerage account through the day like any other share.defianceetfs.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

  • PLU The 1.42% fee sits above the category median and well above 2X single-stock peers like TSMG at 0.76% and OKTG at 0.75%.
  • Daily reset means multi-day results depend on the path PL takes, not just the destination; choppy stretches can grind value down even if the stock round-trips.defianceetfs.com
  • Young fund (2026 launch), small asset base, moderate trading volume, and a single small-cap reference: no diversification cushion here.
  • 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 PLU profile⁠

Full TSMG profile⁠

PLU vs TSMG Holdings

How PLU and TSMG differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of PLU and 0.0% of TSMG.

Level by level

  • Asset classLeveraged/Inverse, Equity0.0%
  • Holdings0 in both0.0%
  • Countryby domicile100%

Sector

No Sector split for PLU and TSMG.

Country, concentration and asset class

Country by domicile

Country weights in PLU and TSMG, widest gap first
CountryMore in PLUMore in TSMG
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • PLU229.1%
  • TSMG214.6%

Securities held

  • PLU2
  • TSMG1

Asset class

PLU
Leveraged/Inverse
TSMG
Equity

Holdings

  • Only in PLU2
  • In both0
  • Only in TSMG1

Only in PLU

2 securities, 28.7% of PLU by weight

  • First American Government Obligations Fund 12/01/203114.57%
  • United States Treasury Bill 11/19/202614.09%

Only in TSMG

1 security, 14.6% of TSMG by weight

  • First American Treasury Obligations Fund 01/01/204014.59%

Weight gaps

PLU and TSMG share no securities.

All 10 PLU holdings⁠All 5 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.

PLU vs TSMG Cost

Overpaying PLU vs TSMG

$10,481

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

  • PLU 1.42%

    $25,137

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • PLU 1.42%
  • 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$30K051015202530PLU $25,137TSMG $14,656

Year by year

YearPLUTSMGOverpaying
10$2,460$1,353$1,107
20$9,074$5,142$3,932
30$25,137$14,656$10,481

Expense ratio

  • 1.42%PLU
  • 0.76%TSMG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 315 funds

PLU 259th cheapest of 315 funds

PLU vs TSMG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

PLUAll PLU 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

PLU vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
PLU No dataTSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
PLU No dataTSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
PLU No dataTSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
PLU 6.70TSMG 3.81

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