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SMTG vs TSMG

Leverage Shares 2X Long SMTC Daily ETF

SMTGCCboe

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

TSMG −0.23pt a year

SMTG0.99%TSMG0.76%

Avg volume · 30D

TSMG 1.04×the volume

SMTG66.6KTSMG69K

SMTG vs TSMG Performance

Jul 31, 2026 – Oct 30, 2026

−11.8%SMTG−4.6%TSMG

Jul 31, 2026 to Oct 30, 2026. SMTG −11.8%. TSMG −4.6%. Use the arrow keys to read each point.25%50%75%100%125%Jul 2026Sep 2026Oct 2026
Expense ratio
SMTG 0.99%
TSMG 0.76%, better
Fund size
SMTG $2M
TSMG $28M
1Y total return
SMTG No data
TSMG +40.8%
Holdings
SMTG 4
TSMG 5
Avg volume (30D)
SMTG 66.6K sh
TSMG 69K sh, better
NAV per share
SMTG $5.31
TSMG $33.77
52W range

ETF.net Grade

SMTG: Cost 48, Risk 47, Mission not scored, Tradability 45, Holdings not scored, Durability 35. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for SMTG, TSMG, with each pillar’s weight
PillarSMTGTSMG
Cost30% weightC48A70Higher
Mission25% weightNot scoredA79
Risk15% weightC47A84Higher
Tradability15% weightC45A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightD35B67Higher

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. SMTG 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 SMTG 123rd 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 123CSMRXCorgi SMR 2x Daily ETFScore 40
  4. Rank 123CSMTGLeverage Shares 2X Long SMTC Daily ETFScore 40
  5. Rank 123CSNAGLeverage Shares 2X Long SNAP Daily ETFScore 40

Our read on each fund

ETF.net Research

SMTGCLeverage Shares 2X Long SMTC Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

SMTG 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

SMTG 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

SMTG 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

SMTG 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 SMTG profile⁠

Full TSMG profile⁠

SMTG 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.

SMTG vs TSMG Cost

Overpaying SMTG vs TSMG

$3,869

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

  • SMTG 0.99%

    $18,525

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • SMTG 0.99%
  • 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$20K051015202530SMTG $18,525TSMG $14,656

Year by year

YearSMTGTSMGOverpaying
10$1,746$1,353$393
20$6,565$5,142$1,423
30$18,525$14,656$3,869

Expense ratio

  • 0.99%SMTG
  • 0.76%TSMG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 315 funds

SMTG 169th cheapest of 315 funds

SMTG vs TSMG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

SMTGAll SMTG 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

SMTG vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SMTG No dataTSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
SMTG No dataTSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
SMTG No dataTSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
SMTG −0.63TSMG 3.81

Popular comparisons

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    Leverage Shares 2X Long SMTC Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    0.99% · 0.77%
    Category
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  • TSMGAvsUNHGA

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  • TSMGAvsPANGA

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    Expense ratio
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    Category
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