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SNDG vs TSMG

Leverage Shares 2X Long SNDK Daily ETF

SNDGBCboe

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

SNDG −0.01pt a year

SNDG0.75%TSMG0.76%

Avg volume · 30D

SNDG 105.1×the volume

SNDG7.15MTSMG68.1K

SNDG vs TSMG Performance

Aug 7, 2026 – Nov 9, 2026

−60.4%SNDG−20.0%TSMG

Aug 7, 2026 to Nov 9, 2026. SNDG −60.4%. TSMG −20.0%. Use the arrow keys to read each point.50%100%Aug 2026Sep 2026Nov 2026
Expense ratio
SNDG 0.75%, better
TSMG 0.76%
Fund size
SNDG $38M
TSMG $24M
1Y total return
SNDG No data
TSMG +40.3%
Holdings
SNDG 4
TSMG 6
Avg volume (30D)
SNDG 7.15M sh, better
TSMG 68.1K sh
NAV per share
SNDG $1.98
TSMG $28.23
52W range

ETF.net Grade

SNDG: Cost 70, Risk 30, Mission not scored, Tradability 91, Holdings not scored, Durability 58. TSMG: Cost 70, Risk 82, Mission 75, Tradability 76, Holdings not scored, Durability 66.
Pillar letters and Scores for SNDG, TSMG, with each pillar’s weight
PillarSNDGTSMG
Cost30% weightA70A70
Mission25% weightNot scoredA75
Risk15% weightD30A82Higher
Tradability15% weightA91HigherA76
Holdings10% weightNot scoredNot scored
Durability5% weightB58B66Higher

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. SNDG 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 SNDG 21st 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 21BLULGLeverage Shares 2x Long LULU Daily ETFScore 64
  5. Rank 21BSNDGLeverage Shares 2X Long SNDK Daily ETFScore 64
  6. Rank 26CBIDGLeverage Shares 2X Long BIDU Daily ETFScore 63

Our read on each fund

ETF.net Research

SNDGBLeverage Shares 2X Long SNDK Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

SNDG 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

SNDG 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

SNDG 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

SNDG 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 SNDG profile⁠

Full TSMG profile⁠

SNDG 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.

SNDG vs TSMG Cost

Overpaying TSMG vs SNDG

$174

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

  • SNDG 0.75%

    $14,482

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • SNDG 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 $14,656SNDG $14,482

Year by year

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

Expense ratio

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

SNDG 87th cheapest of 312 funds

TSMG 131st cheapest of 312 funds

SNDG vs TSMG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

SNDGAll SNDG 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

SNDG vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SNDG No dataTSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
SNDG No dataTSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
SNDG No dataTSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
SNDG 9.55TSMG 3.98

Popular comparisons

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

    Expense ratio
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    Category
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  • TSMGAvsUNHGA

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  • TSMGAvsOKTGA

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    Expense ratio
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