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SKHX vs TSMG

Leverage Shares 2X Long SK Hynix Daily ETF

SKHXBCboe

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

12.3%by weight

Expense ratio

SKHX −0.01pt a year

SKHX0.75%TSMG0.76%

Avg volume · 30D

SKHX 55.7×the volume

SKHX3.85MTSMG69K

SKHX vs TSMG Performance

Jul 31, 2026 – Nov 2, 2026

−12.3%SKHX−7.6%TSMG

Jul 31, 2026 to Nov 2, 2026. SKHX −12.3%. TSMG −7.6%. Use the arrow keys to read each point.20%40%60%80%Jul 2026Sep 2026Nov 2026
Expense ratio
SKHX 0.75%, better
TSMG 0.76%
Fund size
SKHX $84M
TSMG $28M
1Y total return
SKHX No data
TSMG +36.4%
Holdings
SKHX 7
TSMG 5
Avg volume (30D)
SKHX 3.85M sh, better
TSMG 69K sh
NAV per share
SKHX $10.20
TSMG $33.77
52W range

ETF.net Grade

SKHX: Cost 70, Risk 48, Mission not scored, Tradability 94, Holdings not scored, Durability 51. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for SKHX, TSMG, with each pillar’s weight
PillarSKHXTSMG
Cost30% weightA70A70
Mission25% weightNot scoredA79
Risk15% weightC48A84Higher
Tradability15% weightA94HigherA74
Holdings10% weightNot scoredNot scored
Durability5% weightC51B67Higher

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. SKHX 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 SKHX 8th 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 8BGLWGLeverage Shares 2X Long GLW Daily ETFScore 68
  4. Rank 8BSKHXLeverage Shares 2X Long SK Hynix Daily ETFScore 68
  5. Rank 11BAMAULeverage Shares 2X Long AMAT Daily ETFScore 67

Our read on each fund

ETF.net Research

SKHXBLeverage Shares 2X Long SK Hynix Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

SKHX 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

SKHX 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

SKHX 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

SKHX 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 SKHX profile⁠

Full TSMG profile⁠

SKHX vs TSMG Holdings

How SKHX and TSMG differ

Overlap by weight

12.3%

Shared holdings make up 14.6% of TSMG and 12.3% of SKHX.

Level by level

  • Holdings1 in both12.3%
  • Asset classEquity100%
  • Countryby domicile100%

Sector

No Sector split for SKHX and TSMG.

Country, concentration and asset class

Country by domicile

Country weights in SKHX and TSMG, widest gap first
CountryMore in SKHXMore in TSMG
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • SKHX212.5%
  • TSMG214.6%

Securities held

  • SKHX1
  • TSMG1

Asset class

SKHX
Equity
TSMG
Equity

Holdings

  • Only in SKHX0
  • In both1
  • Only in TSMG0

Only in SKHX

0 securities, 0.0% of SKHX by weight

Only in TSMG

0 securities, 0.0% of TSMG by weight

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in SKHX and TSMG, widest gap first
HoldingMore in SKHXMore in TSMG
First American Treasury Obligations Fund 01/01/2040TSMG +2.25 points

All 7 SKHX 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.

SKHX vs TSMG Cost

Overpaying TSMG vs SKHX

$174

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

  • SKHX 0.75%

    $14,482

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • SKHX 0.75%
  • 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$15K051015202530TSMG $14,656SKHX $14,482

Year by year

YearSKHXTSMGOverpaying
10$1,336$1,353$17
20$5,078$5,142$64
30$14,482$14,656$174

Expense ratio

  • 0.75%SKHX, cheaper
  • 0.76%TSMG
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

SKHX 87th cheapest of 315 funds

TSMG 131st cheapest of 315 funds

SKHX vs TSMG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

SKHXAll SKHX 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

SKHX vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

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

Popular comparisons

  • SKHXBvsUNHGA

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

    Expense ratio
    0.75% · 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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  • SKHXBvsOKTGA

    Leverage Shares 2X Long SK Hynix Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    0.75% · 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
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  • SKHXBvsPANGA

    Leverage Shares 2X Long SK Hynix Daily ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    0.75% · 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.