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SNDU vs TSMG

T-REX 2X Long SNDK Daily Target ETF

SNDUDCboe

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

TSMG −0.74pt a year

SNDU1.50%TSMG0.76%

Avg volume · 30D

SNDU 121.2×the volume

SNDU8.25MTSMG68.1K

SNDU vs TSMG Performance

Aug 7, 2026 – Nov 9, 2026

−61.1%SNDU−20.0%TSMG

Aug 7, 2026 to Nov 9, 2026. SNDU −61.1%. TSMG −20.0%. Use the arrow keys to read each point.50%100%Aug 2026Sep 2026Nov 2026
Expense ratio
SNDU 1.50%
TSMG 0.76%, better
Fund size
SNDU $55M
TSMG $24M
1Y total return
SNDU No data
TSMG +40.3%
Holdings
SNDU 7
TSMG 6
Avg volume (30D)
SNDU 8.25M sh, better
TSMG 68.1K sh
NAV per share
SNDU $4.91
TSMG $28.23
52W range

ETF.net Grade

SNDU: Cost 12, Risk 41, Mission not scored, Tradability 61, Holdings not scored, Durability 65. TSMG: Cost 70, Risk 82, Mission 75, Tradability 76, Holdings not scored, Durability 66.
Pillar letters and Scores for SNDU, TSMG, with each pillar’s weight
PillarSNDUTSMG
Cost30% weightF12A70Higher
Mission25% weightNot scoredA75
Risk15% weightC41A82Higher
Tradability15% weightB61A76Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB65B66Higher

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. SNDU 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 SNDU 274th 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 274DPDDLGraniteShares 2x Long PDD Daily ETFScore 33
  5. Rank 274DSNDUT-REX 2X Long SNDK Daily Target ETFScore 33
  6. Rank 274DVRTLGraniteShares 2x Long VRT Daily ETFScore 33

Our read on each fund

ETF.net Research

SNDUDT-REX 2X Long SNDK Daily Target ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

SNDU 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

SNDU 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

SNDU 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

SNDU 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 SNDU profile⁠

Full TSMG profile⁠

SNDU 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.

SNDU vs TSMG Cost

Overpaying SNDU vs TSMG

$11,627

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

  • SNDU 1.50%

    $26,283

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • SNDU 1.50%
  • TSMG 0.76%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530SNDU $26,283TSMG $14,656

Year by year

YearSNDUTSMGOverpaying
10$2,590$1,353$1,237
20$9,519$5,142$4,377
30$26,283$14,656$11,627

Expense ratio

  • 1.50%SNDU
  • 0.76%TSMG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 312 funds

SNDU 271st cheapest of 312 funds

SNDU vs TSMG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

SNDUAll SNDU 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

SNDU vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SNDU No dataTSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
SNDU No dataTSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
SNDU No dataTSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
SNDU 17.10TSMG 3.98

Popular comparisons

  • SNDUDvsUNHGA

    T-REX 2X Long SNDK Daily Target ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    1.50% · 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
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SNDUDvsCOTGA

    T-REX 2X Long SNDK Daily Target ETF · Leverage Shares 2X Long COST Daily ETF

    Expense ratio
    1.50% · 0.77%
    Category
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  • TSMGAvsCOTGA

    Leverage Shares 2x Long TSM Daily ETF · Leverage Shares 2X Long COST Daily ETF

    Expense ratio
    0.76% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SNDUDvsOKTGA

    T-REX 2X Long SNDK Daily Target ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    1.50% · 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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