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TDCL vs TSMG

GraniteShares 2x Long TDC Daily ETF

TDCLDNasdaq

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Overlap

Expense ratio

TSMG −0.74pt a year

TDCL1.50%TSMG0.76%

Avg volume · 30D

TSMG 33.9×the volume

TDCL2.04KTSMG69K

TDCL vs TSMG Performance

Jul 31, 2026 – Oct 30, 2026

+2.3%TDCL−4.6%TSMG

Jul 31, 2026 to Oct 30, 2026. TDCL +2.3%. TSMG −4.6%. Use the arrow keys to read each point.−40%−20%20%40%Jul 2026Sep 2026Oct 2026
Expense ratio
TDCL 1.50%
TSMG 0.76%, better
Fund size
TDCL $1M
TSMG $28M
1Y total return
TDCL No data
TSMG +40.8%
Holdings
TDCL 2
TSMG 5
Avg volume (30D)
TDCL 2.04K sh
TSMG 69K sh, better
NAV per share
TDCL $21.22
TSMG $33.77
52W range

ETF.net Grade

TDCL: Cost 11, Risk 79, Mission not scored, Tradability 41, Holdings not scored, Durability 36. TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for TDCL, TSMG, with each pillar’s weight
PillarTDCLTSMG
Cost30% weightF11A70Higher
Mission25% weightNot scoredA79
Risk15% weightA79A84Higher
Tradability15% weightC41A74Higher
Holdings10% weightNot scoredNot scored
Durability5% weightD36B67Higher

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. TDCL 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 TDCL 261st 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 261DRKLXDaily Target 2X Long RKLB ETFScore 35
  4. Rank 261DTDCLGraniteShares 2x Long TDC Daily ETFScore 35
  5. Rank 264DLUNLDaily Target 2X Long LUNR ETFScore 34

Our read on each fund

ETF.net Research

TDCLDGraniteShares 2x Long TDC Daily ETF

TSMGALeverage Shares 2x Long TSM Daily ETF

In short

TDCL 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

TDCL 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

TDCL 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

TDCL 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 TDCL profile⁠

Full TSMG profile⁠

TDCL 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.

TDCL vs TSMG Cost

Overpaying TDCL vs TSMG

$11,627

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

  • TDCL 1.50%

    $26,283

  • TSMG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • TDCL 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$30K051015202530TDCL $26,283TSMG $14,656

Year by year

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

TSMG 131st cheapest of 315 funds

TDCL 271st cheapest of 315 funds

TDCL vs TSMG Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

TDCLAll TDCL 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

TDCL vs TSMG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
TDCL No dataTSMG 77.9%since Feb 2025
Return per unit of riskSharpe ratio, 3 years
TDCL No dataTSMG 0.97since Feb 2025
Worst fallMax drawdown, 5 years
TDCL No dataTSMG −63.7%since Jan 2025
Market sensitivityBeta, 5 years
TDCL 0.90TSMG 3.81

Popular comparisons

  • TDCLDvsUNHGA

    GraniteShares 2x Long TDC Daily 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.

  • TDCLDvsOKTGA

    GraniteShares 2x Long TDC Daily 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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  • TDCLDvsPANGA

    GraniteShares 2x Long TDC Daily ETF · Leverage Shares 2x Long PANW Daily ETF

    Expense ratio
    1.50% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSMGAvsPANGA

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

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