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SNOU vs TSMG

T-REX 2X Long SNOW Daily Target ETF

SNOUDCboe

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

TSMG −0.74pt a year

SNOU1.50%TSMG0.76%

Avg volume · 30D

TSMG 1.1×the volume

SNOU64.8KTSMG68.1K

SNOU vs TSMG Performance

Nov 7, 2025 – Nov 9, 2026

−24.7%SNOU+40.3%TSMG

Nov 7, 2025 to Nov 9, 2026. SNOU −24.7%. TSMG +40.3%. Use the arrow keys to read each point.−50%0%100%Nov 2025May 2026Nov 2026
Expense ratio
SNOU 1.50%
TSMG 0.76%, better
Fund size
SNOU $14M
TSMG $24M
1Y total return
SNOU −24.7%
TSMG +40.3%, better
Holdings
SNOU 2
TSMG 6
Avg volume (30D)
SNOU 64.8K sh
TSMG 68.1K sh, better
NAV per share
SNOU $42.23
TSMG $28.23
52W range

ETF.net Grade

SNOU: Cost 12, Risk 60, Mission not scored, Tradability 49, Holdings not scored, Durability 66. TSMG: Cost 70, Risk 82, Mission 75, Tradability 76, Holdings not scored, Durability 66.
Pillar letters and Scores for SNOU, TSMG, with each pillar’s weight
PillarSNOUTSMG
Cost30% weightF12A70Higher
Mission25% weightNot scoredA75
Risk15% weightB60A82Higher
Tradability15% weightC49A76Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB66B66

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. SNOU 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 SNOU 268th 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 268DPATXTradr 2X Long PATH Daily ETFScore 35
  5. Rank 268DSNOUT-REX 2X Long SNOW Daily Target ETFScore 35
  6. Rank 273DPULGraniteShares 2x Long P Daily ETFScore 34

Our read on each fund

ETF.net Research

SNOUDT-REX 2X Long SNOW Daily Target ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

SNOU 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

SNOU 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

SNOU 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

SNOU 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 SNOU profile⁠

Full TSMG profile⁠

SNOU 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.

SNOU vs TSMG Cost

Overpaying SNOU vs TSMG

$11,627

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

  • SNOU 1.50%

    $26,283

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • SNOU 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$30K051015202530SNOU $26,283TSMG $14,656

Year by year

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

TSMG 131st cheapest of 312 funds

SNOU 271st cheapest of 312 funds

SNOU vs TSMG Dividends

Last 12 months to Nov 9, 2026
Last payment
SNOU $2.49
TSMG $2.73
Ex-dividend
SNOU Dec 24, 2025
TSMG Dec 30, 2025
Paid on
SNOU Dec 26, 2025
TSMG Jan 2, 2026
Frequency
SNOU Irregular
TSMG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

SNOUIrregular · 1 paymentAll SNOU payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 24, 2025 $2.49. Use the arrow keys to read each point.$0$2.502026YTD
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

SNOU vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SNOU 197.8%since May 2025TSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
SNOU 0.72since May 2025TSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
SNOU −84.2%since Apr 2025TSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
SNOU 6.00TSMG 3.98

SNOU and TSMG in the news

All news⁠

Popular comparisons

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

    Expense ratio
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    Category
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  • TSMGAvsUNHGA

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    Category
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    Category
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    Expense ratio
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    Category
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