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TSMG vs VRC

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Corgi VRT 2x Daily ETF

VRCCCboe

Overlap

Expense ratio

VRC −0.31pt a year

TSMG0.76%VRC0.45%

Avg volume · 30D

TSMG 40.1×the volume

TSMG68.1KVRC1.7K

TSMG vs VRC Performance

Aug 7, 2026 – Nov 9, 2026

−20.0%TSMG−54.2%VRC

Aug 7, 2026 to Nov 9, 2026. TSMG −20.0%. VRC −54.2%. Use the arrow keys to read each point.−40%0%20%Aug 2026Sep 2026Nov 2026
Expense ratio
TSMG 0.76%
VRC 0.45%, better
Fund size
TSMG $24M
VRC $0
1Y total return
TSMG +40.3%
VRC No data
Holdings
TSMG 6
VRC 1
Avg volume (30D)
TSMG 68.1K sh, better
VRC 1.7K sh
NAV per share
TSMG $28.23
VRC $7.08
52W range

ETF.net Grade

TSMG: Cost 70, Risk 82, Mission 75, Tradability 76, Holdings not scored, Durability 66. VRC: Cost 88, Risk 43, Mission not scored, Tradability 14, Holdings not scored, Durability 15.
Pillar letters and Scores for TSMG, VRC, with each pillar’s weight
PillarTSMGVRC
Cost30% weightA70A88Higher
Mission25% weightA75Not scored
Risk15% weightA82HigherC43
Tradability15% weightA76HigherF14
Holdings10% weightNot scoredNot scored
Durability5% weightB66HigherF15

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 VRC 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 VRC 124th 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 124CVIAGLeverage Shares 2x Long VIAV Daily ETFScore 40
  5. Rank 124CVRCCorgi VRT 2x Daily ETFScore 40
  6. Rank 124CWDCCCorgi WDC 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

TSMGALeverage Shares 2x Long TSM Daily ETF

VRCCCorgi VRT 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.

VRC 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.

VRC 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.

VRC 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.

VRC No data

Full TSMG profile⁠

Full VRC profile⁠

TSMG vs VRC 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 VRC Cost

Overpaying TSMG vs VRC

$5,615

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

  • TSMG 0.76%

    $14,656

  • VRC 0.45%

    $9,041

$10,000
30 years

Cost over time

  • TSMG 0.76%
  • VRC 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 $14,656VRC $9,041

Year by year

YearTSMGVRCOverpaying
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%VRC, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

VRC 7th cheapest of 312 funds

TSMG 131st cheapest of 312 funds

TSMG vs VRC Dividends

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

No distribution history available.

TSMG vs VRC 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 2025VRC No data
Return per unit of riskSharpe ratio, 3 years
TSMG 0.97since Feb 2025VRC No data
Worst fallMax drawdown, 5 years
TSMG −63.7%since Jan 2025VRC No data
Market sensitivityBeta, 5 years
TSMG 3.98VRC 7.43

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