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SNAG vs TSMG

Leverage Shares 2X Long SNAP Daily ETF

SNAGCNasdaq

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

9.7%by weight

Expense ratio

SNAG −0.01pt a year

SNAG0.75%TSMG0.76%

Avg volume · 30D

TSMG 1.2×the volume

SNAG56.6KTSMG68.1K

SNAG vs TSMG Performance

Dec 31, 2025 – Nov 9, 2026

−75.3%SNAG+27.7%TSMG

Dec 31, 2025 to Nov 9, 2026. SNAG −75.3%. TSMG +27.7%. Use the arrow keys to read each point.−50%0%50%100%Dec 2025Jun 2026Nov 2026
Expense ratio
SNAG 0.75%, better
TSMG 0.76%
Fund size
SNAG $1M
TSMG $24M
1Y total return
SNAG No data
TSMG +40.3%
Holdings
SNAG 5
TSMG 6
Avg volume (30D)
SNAG 56.6K sh
TSMG 68.1K sh, better
NAV per share
SNAG $4.13
TSMG $28.23
52W range

ETF.net Grade

SNAG: Cost 70, Risk 50, Mission not scored, Tradability 45, Holdings not scored, Durability 41. TSMG: Cost 70, Risk 82, Mission 75, Tradability 76, Holdings not scored, Durability 66.
Pillar letters and Scores for SNAG, TSMG, with each pillar’s weight
PillarSNAGTSMG
Cost30% weightA70A70
Mission25% weightNot scoredA75
Risk15% weightC50A82Higher
Tradability15% weightC45A76Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC41B66Higher

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. SNAG and TSMG are both graded against the same 312 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 312 funds
See all 312 ›

TSMG ranks 2nd and SNAG 124th of 312 funds in the Single-Stock Long Leveraged Category.

  1. Rank 1AUNHGLeverage Shares 2x Long UNH Daily ETFScore 74
  2. Rank 2ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
  3. Rank 3ACOTGLeverage Shares 2X Long COST Daily ETFScore 70
  4. Rank 124CSMTGLeverage Shares 2X Long SMTC Daily ETFScore 40
  5. Rank 124CSNAGLeverage Shares 2X Long SNAP Daily ETFScore 40
  6. Rank 124CSNDCCorgi SNDK 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

SNAGCLeverage Shares 2X Long SNAP Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

SNAG 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

SNAG 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

SNAG 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

SNAG 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 SNAG profile⁠

Full TSMG profile⁠

SNAG vs TSMG Holdings

How SNAG and TSMG differ

Overlap by weight

9.7%

Shared holdings make up 11.0% of TSMG and 9.7% of SNAG.

About this figure: SNAG gets much of its exposure from swaps and futures, which aren’t counted.

TSMG gets much of its exposure from swaps and futures, which aren’t counted.

Level by level

  • Holdings1 in both9.7%
  • Asset classStocks100%
  • Countryby domicile100%

Sector

No Sector split for SNAG and TSMG.

Country, concentration and asset class

Country by domicile

Country weights in SNAG and TSMG, widest gap first
CountryMore in SNAGMore in TSMGGap
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • SNAG209.7%
  • TSMG211.0%

Securities held

  • SNAG1
  • TSMG2

Asset class

SNAG
Stocks
TSMG
Stocks

Holdings

  • Only in SNAG0
  • In both1
  • Only in TSMG1

Only in SNAG

0 securities, 0.0% of SNAG by weight

Only in TSMG

1 security, 10.1% of TSMG by weight

  • 874039100 Swp10.06%

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in SNAG and TSMG, widest gap first
HoldingMore in SNAGMore in TSMGGap
First American Treasury Obligations Fund 01/01/2040TSMG +1.32 points

All 5 SNAG holdings⁠All 6 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.

SNAG vs TSMG Cost

Overpaying TSMG vs SNAG

$174

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

  • SNAG 0.75%

    $14,482

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • SNAG 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 $14,656SNAG $14,482

Year by year

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

Expense ratio

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

SNAG 87th cheapest of 312 funds

TSMG 131st cheapest of 312 funds

SNAG vs TSMG Dividends

Last 12 months to Nov 9, 2026
Payout (12M)
SNAG None
TSMG No data
Last payment
SNAG No data
TSMG $2.73
Ex-dividend
SNAG No data
TSMG Dec 30, 2025
Paid on
SNAG No data
TSMG Jan 2, 2026
Frequency
SNAG No data
TSMG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

SNAGAll SNAG 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

SNAG vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SNAG No dataTSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
SNAG No dataTSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
SNAG No dataTSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
SNAG 5.94TSMG 3.98

Popular comparisons

  • SNAGCvsUNHGA

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

    Expense ratio
    0.75% · 0.77%
    Category
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  • TSMGAvsUNHGA

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  • SNAGCvsCOTGA

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    Category
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  • TSMGAvsCOTGA

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    Expense ratio
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    Category
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  • SNAGCvsOKTGA

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    Category
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  • TSMGAvsOKTGA

    Leverage Shares 2x Long TSM Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
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    Category
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