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TSMG vs VIAG

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Leverage Shares 2x Long VIAV Daily ETF

VIAG—Cboe

Overlap

5.1%by weight

Expense ratio

TSMG −0.23pt a year

TSMG0.76%VIAG0.99%

Avg volume · 30D

TSMG 4.1×the volume

TSMG69KVIAG17K

TSMG vs VIAG Performance

Sep 30, 2026 – Oct 30, 2026

−23.1%TSMG−53.9%VIAG

Sep 30, 2026 to Oct 30, 2026. TSMG −23.1%. VIAG −53.9%. Use the arrow keys to read each point.−40%0%20%Sep 30Oct 15Oct 30
Expense ratio
TSMG 0.76%, better
VIAG 0.99%
Fund size
TSMG $28M
VIAG $0
1Y total return
TSMG +40.8%
VIAG No data
Holdings
TSMG 5
VIAG 4
Avg volume (30D)
TSMG 69K sh, better
VIAG 17K sh
NAV per share
TSMG $33.77
VIAG $5.49
52W range

ETF.net Grade

  • —VIAGNot yet graded
TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67.
Pillar letters and Scores for TSMG, VIAG, with each pillar’s weight
PillarTSMGVIAG
Cost30% weightA70Not scored
Mission25% weightA79Not scored
Risk15% weightA84Not scored
Tradability15% weightA74Not scored
Holdings10% weightNot scoredNot scored
Durability5% weightB67Not scored

Rank among Single-Stock Long Leveraged funds

Our read on each fund

ETF.net Research

TSMGALeverage Shares 2x Long TSM Daily ETF

VIAG—Leverage Shares 2x Long VIAV 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.

VIAG 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.

VIAG 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.

VIAG 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.

VIAG No data

Full TSMG profile⁠

Full VIAG profile⁠

TSMG vs VIAG Holdings

How TSMG and VIAG differ

Overlap by weight

5.1%

Shared holdings make up 12.4% of TSMG and 5.1% of VIAG.

Level by level

  • Holdings1 in both5.1%
  • Asset classEquity100%
  • Countryby domicile100%

Sector

No Sector split for TSMG and VIAG.

Country, concentration and asset class

Country by domicile

Country weights in TSMG and VIAG, widest gap first
CountryMore in TSMGMore in VIAG
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • TSMG212.4%
  • VIAG205.1%

Securities held

  • TSMG1
  • VIAG1

Asset class

TSMG
Equity
VIAG
Equity

Holdings

  • Only in TSMG0
  • In both1
  • Only in VIAG0

Only in TSMG

0 securities, 0.0% of TSMG by weight

Only in VIAG

0 securities, 0.0% of VIAG by weight

Weight gaps

All 1 Holdings in both funds, largest gap first.

Holding weights in TSMG and VIAG, widest gap first
HoldingMore in TSMGMore in VIAG
First American Treasury Obligations Fund 01/01/2040TSMG +7.27 points

All 5 TSMG holdings⁠All 4 VIAG 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 VIAG Cost

Overpaying VIAG vs TSMG

$3,869

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

  • TSMG 0.76%

    $14,656

  • VIAG 0.99%

    $18,525

$10,000
30 years

Cost over time

  • TSMG 0.76%
  • VIAG 0.99%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530VIAG $18,525TSMG $14,656

Year by year

YearTSMGVIAGOverpaying
10$1,353$1,746$393
20$5,142$6,565$1,423
30$14,656$18,525$3,869

Expense ratio

  • 0.76%TSMG, cheaper
  • 0.99%VIAG
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 315 funds

VIAG 169th cheapest of 315 funds

TSMG vs VIAG Dividends

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

No distribution history available.

TSMG vs VIAG 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 2025VIAG No data
Return per unit of riskSharpe ratio, 3 years
TSMG 0.97since Feb 2025VIAG No data
Worst fallMax drawdown, 5 years
TSMG −63.7%since Jan 2025VIAG No data
Market sensitivityBeta, 5 years
TSMG 3.81VIAG 0.00

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