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PUR vs TSMG

Defiance Daily Target 2X Long PURR ETF

PURCNasdaq

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

TSMG −0.55pt a year

PUR1.31%TSMG0.76%

Avg volume · 30D

PUR 1.7×the volume

PUR117KTSMG69K

PUR vs TSMG Performance

Jul 31, 2026 – Oct 30, 2026

+111.0%PUR−4.6%TSMG

Jul 31, 2026 to Oct 30, 2026. PUR +111.0%. TSMG −4.6%. Use the arrow keys to read each point.50%150%200%250%300%Jul 2026Sep 2026Oct 2026
Expense ratio
PUR 1.31%
TSMG 0.76%, better
Fund size
PUR $6M
TSMG $28M
1Y total return
PUR No data
TSMG +40.8%
Holdings
PUR 7
TSMG 5
Avg volume (30D)
PUR 117K sh, better
TSMG 69K sh
NAV per share
PUR $22.95
TSMG $33.77
52W range

ETF.net Grade

PUR: Cost 25, Risk 66, Mission not scored, Tradability 55, Holdings not scored, Durability 45. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for PUR, TSMG, with each pillar’s weight
PillarPURTSMG
Cost30% weightD25A70Higher
Mission25% weightNot scoredA79
Risk15% weightB66A84Higher
Tradability15% weightB55A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC45B67Higher

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. PUR 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 PUR 111th 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 111CLITXTradr 2X Long LITE Daily ETFScore 43
  4. Rank 111CPURDefiance Daily Target 2X Long PURR ETFScore 43
  5. Rank 111CQCMLGraniteShares 2x Long QCOM Daily ETFScore 43

Our read on each fund

ETF.net Research

PURCDefiance Daily Target 2X Long PURR ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

PUR 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

PUR 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

PUR 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

PUR 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 PUR profile⁠

Full TSMG profile⁠

PUR 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.

PUR vs TSMG Cost

Overpaying PUR vs TSMG

$8,863

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

  • PUR 1.31%

    $23,519

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • PUR 1.31%
  • 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$15K$20K$25K051015202530PUR $23,519TSMG $14,656

Year by year

YearPURTSMGOverpaying
10$2,280$1,353$927
20$8,450$5,142$3,308
30$23,519$14,656$8,863

Expense ratio

  • 1.31%PUR
  • 0.76%TSMG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 315 funds

PUR 236th cheapest of 315 funds

PUR vs TSMG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

PURAll PUR 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

PUR vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
PUR No dataTSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
PUR No dataTSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
PUR No dataTSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
PUR 0.00TSMG 3.81

Popular comparisons

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    Defiance Daily Target 2X Long PURR ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
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    Category
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  • TSMGAvsUNHGA

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    Expense ratio
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