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TSMG vs UMCX

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Corgi UMC 2x Daily ETF

UMCXCCboe

Overlap

Expense ratio

UMCX −0.31pt a year

TSMG0.76%UMCX0.45%

Avg volume · 30D

TSMG 22.1×the volume

TSMG69KUMCX3.12K

TSMG vs UMCX Performance

Jul 31, 2026 – Oct 30, 2026

−4.6%TSMG−32.5%UMCX

Jul 31, 2026 to Oct 30, 2026. TSMG −4.6%. UMCX −32.5%. Use the arrow keys to read each point.−20%20%40%60%80%Jul 2026Sep 2026Oct 2026
Expense ratio
TSMG 0.76%
UMCX 0.45%, better
Fund size
TSMG $28M
UMCX $0
1Y total return
TSMG +40.8%
UMCX No data
Holdings
TSMG 5
UMCX 1
Avg volume (30D)
TSMG 69K sh, better
UMCX 3.12K sh
NAV per share
TSMG $33.77
UMCX $8.38
52W range

ETF.net Grade

TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67. UMCX: Cost 88, Risk 38, Mission not scored, Tradability 15, Holdings not scored, Durability 23.
Pillar letters and Scores for TSMG, UMCX, with each pillar’s weight
PillarTSMGUMCX
Cost30% weightA70A88Higher
Mission25% weightA79Not scored
Risk15% weightA84HigherD38
Tradability15% weightA74HigherF15
Holdings10% weightNot scoredNot scored
Durability5% weightB67HigherF23

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. TSMG and UMCX 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 UMCX 123rd 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 123CUCTXCorgi UCTT 2x Daily ETFScore 40
  4. Rank 123CUMCXCorgi UMC 2x Daily ETFScore 40
  5. Rank 123CUNCorgi UNH 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

TSMGALeverage Shares 2x Long TSM Daily ETF

UMCXCCorgi UMC 2x Daily ETF

In short

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.

UMCX No data

Stated mandate

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.

UMCX No data

Why people hold it

  • 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.

UMCX No data

Worth knowing

  • 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.

UMCX No data

Full TSMG profile⁠

Full UMCX profile⁠

TSMG vs UMCX 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.

TSMG vs UMCX Cost

Overpaying TSMG vs UMCX

$5,615

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

  • TSMG 0.76%

    $14,656

  • UMCX 0.45%

    $9,041

$10,000
30 years

Cost over time

  • TSMG 0.76%
  • UMCX 0.45%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530TSMG $14,656UMCX $9,041

Year by year

YearTSMGUMCXOverpaying
10$1,353$812$541
20$5,142$3,128$2,014
30$14,656$9,041$5,615

Expense ratio

  • 0.76%TSMG
  • 0.45%UMCX, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

UMCX 7th cheapest of 315 funds

TSMG 131st cheapest of 315 funds

TSMG vs UMCX Dividends

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

Distribution history

Per share, 2025 to 2026, same scale for both

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
UMCXAll UMCX payments⁠

No distribution history available.

TSMG vs UMCX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
TSMG 77.9%since Feb 2025UMCX No data
Return per unit of riskSharpe ratio, 3 years
TSMG 0.97since Feb 2025UMCX No data
Worst fallMax drawdown, 5 years
TSMG −63.7%since Jan 2025UMCX No data
Market sensitivityBeta, 5 years
TSMG 3.81UMCX −0.27

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