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SKHL vs TSMG

Direxion Daily SK Hynix Bull 2X ETF

SKHLBNYSE Arca

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

0.0%by weight

Expense ratio

TSMG −0.21pt a year

SKHL0.97%TSMG0.76%

Avg volume · 30D

SKHL 32.9×the volume

SKHL2.27MTSMG69K

SKHL vs TSMG Performance

Jul 31, 2026 – Nov 2, 2026

−11.3%SKHL−7.6%TSMG

Jul 31, 2026 to Nov 2, 2026. SKHL −11.3%. TSMG −7.6%. Use the arrow keys to read each point.20%40%60%80%Jul 2026Sep 2026Nov 2026
Expense ratio
SKHL 0.97%
TSMG 0.76%, better
Fund size
SKHL $38M
TSMG $28M
1Y total return
SKHL No data
TSMG +36.4%
Holdings
SKHL 5
TSMG 5
Avg volume (30D)
SKHL 2.27M sh, better
TSMG 69K sh
NAV per share
SKHL $6.62
TSMG $33.77
52W range

ETF.net Grade

SKHL: Cost 54, Risk 58, Mission not scored, Tradability 65, Holdings not scored, Durability 60. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for SKHL, TSMG, with each pillar’s weight
PillarSKHLTSMG
Cost30% weightC54A70Higher
Mission25% weightNot scoredA79
Risk15% weightB58A84Higher
Tradability15% weightB65A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB60B67Higher

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. SKHL 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 SKHL 57th 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 57BLINTDirexion Daily INTC Bull 2X ETFScore 57
  4. Rank 57BSKHLDirexion Daily SK Hynix Bull 2X ETFScore 57
  5. Rank 57BXOMXDirexion Daily XOM Bull 2X ETFScore 57

Our read on each fund

ETF.net Research

SKHLBDirexion Daily SK Hynix Bull 2X ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

SKHL 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

SKHL 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

SKHL 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

SKHL 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 SKHL profile⁠

Full TSMG profile⁠

SKHL vs TSMG Holdings

How SKHL and TSMG differ

Overlap by weight

0.0%

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

Level by level

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

Sector

No Sector split for SKHL and TSMG.

Country, concentration and asset class

Country by domicile

No country split for SKHL.

Concentration

Weight in the 10 largest Holdings

  • SKHL100.0%
  • TSMG214.6%

Securities held

  • SKHL0
  • TSMG1

Asset class

SKHL
Leveraged/Inverse
TSMG
Equity

Holdings

  • Only in SKHL0
  • In both0
  • Only in TSMG1

Only in SKHL

0 securities, 0.0% of SKHL by weight

Only in TSMG

1 security, 14.6% of TSMG by weight

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

Weight gaps

SKHL and TSMG share no securities.

All SKHL 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.

SKHL vs TSMG Cost

Overpaying SKHL vs TSMG

$3,542

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

  • SKHL 0.97%

    $18,198

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • SKHL 0.97%
  • 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$20K051015202530SKHL $18,198TSMG $14,656

Year by year

YearSKHLTSMGOverpaying
10$1,712$1,353$359
20$6,443$5,142$1,301
30$18,198$14,656$3,542

Expense ratio

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

TSMG 131st cheapest of 315 funds

SKHL 156th cheapest of 315 funds

SKHL vs TSMG Dividends

Last 12 months to Nov 2, 2026
Last payment
SKHL $0.04
TSMG $2.73
Ex-dividend
SKHL Sep 22, 2026
TSMG Dec 30, 2025
Paid on
SKHL Sep 29, 2026
TSMG Jan 2, 2026
Frequency
SKHL Irregular
TSMG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

SKHLIrregular · 1 paymentAll SKHL payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Sep 22, 2026 $0.04. Use the arrow keys to read each point.$0$2.502026YTD
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

SKHL vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

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

SKHL and TSMG in the news

All news⁠

Popular comparisons

  • SKHLBvsUNHGA

    Direxion Daily SK Hynix Bull 2X ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    0.97% · 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
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  • SKHLBvsOKTGA

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    Expense ratio
    0.97% · 0.75%
    Category
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  • TSMGAvsOKTGA

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    Expense ratio
    0.76% · 0.75%
    Category
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  • SKHLBvsPANGA

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    Expense ratio
    0.97% · 0.76%
    Category
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  • TSMGAvsPANGA

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    Expense ratio
    0.76% · 0.76%
    Category
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