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TSMG vs VRTL

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

GraniteShares 2x Long VRT Daily ETF

VRTLDNasdaq

Overlap

Expense ratio

TSMG −1.52pt a year

TSMG0.76%VRTL2.28%

Avg volume · 30D

VRTL 3.2×the volume

TSMG69KVRTL220K

TSMG vs VRTL Performance

Oct 31, 2025 – Oct 30, 2026

+40.8%TSMG−22.3%VRTL

Oct 31, 2025 to Oct 30, 2026. TSMG +40.8%. VRTL −22.3%. Use the arrow keys to read each point.−50%100%150%Oct 2025Apr 2026Oct 2026
Expense ratio
TSMG 0.76%, better
VRTL 2.28%
Fund size
TSMG $28M
VRTL $43M
1Y total return
TSMG +40.8%, better
VRTL −22.3%
Holdings
TSMG 5
VRTL 2
Avg volume (30D)
TSMG 69K sh
VRTL 220K sh, better
NAV per share
TSMG $33.77
VRTL $22.39
52W range

ETF.net Grade

TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67. VRTL: Cost 0, Risk 56, Mission 93, Tradability 69, Holdings not scored, Durability 76.
Pillar letters and Scores for TSMG, VRTL, with each pillar’s weight
PillarTSMGVRTL
Cost30% weightA70HigherF0
Mission25% weightA79A93Higher
Risk15% weightA84HigherB56
Tradability15% weightA74HigherB69
Holdings10% weightNot scoredNot scored
Durability5% weightB67A76Higher

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 VRTL 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 VRTL 264th 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 264DSNOUT-REX 2X Long SNOW Daily Target ETFScore 34
  4. Rank 264DVRTLGraniteShares 2x Long VRT Daily ETFScore 34
  5. Rank 270DINFHDefiance Daily Target 2X Long INFQ ETFScore 33

Our read on each fund

ETF.net Research

TSMGALeverage Shares 2x Long TSM Daily ETF

VRTLDGraniteShares 2x Long VRT 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.

VRTL Vertiv sells the power gear and liquid cooling inside AI data centers. VRTL takes that one stock and gears it 2x, one session at a time, resetting daily. A trader's instrument by design, per its own fact sheet.

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.

VRTL The Fund seeks daily investment results, before fees and expenses, equal to two times the daily percentage change of Vertiv Holdings Co.'s common stock.

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.
  • VRTL The underlying isn't a chip designer: Vertiv builds the UPS gear, power distribution and liquid cooling that keep data centers running. VRTL gears that picks-and-shovels name 2x.vertiv.com
  • Tight to its mandate: day over day it has tracked close to the 2x of VRT it advertises, which is the entire job of a daily leveraged fund.
  • No margin account or options approval needed. The 2x sits inside an ETF wrapper and GraniteShares resets the exposure every session.graniteshares.com

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.
  • VRTL Daily reset math: GraniteShares states the fund should not be expected to deliver 2x VRT's cumulative return over periods longer than a day.graniteshares.com
  • Above the category norm on cost: 1.50% net of a waiver through December 31, 2026, versus 3.83% gross. Peers TSMG (0.76%) and OKTG (0.75%) charge less, no waiver.
  • One stock, one story: an earnings night moves VRTL at double speed, and with a 2025 launch there's a short record behind it.

Full TSMG profile⁠

Full VRTL profile⁠

TSMG vs VRTL 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 VRTL Cost

Overpaying VRTL vs TSMG

$21,574

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

  • TSMG 0.76%

    $14,656

  • VRTL 2.28%

    $36,230

$10,000
30 years

Cost over time

  • TSMG 0.76%
  • VRTL 2.28%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K$40K051015202530VRTL $36,230TSMG $14,656

Year by year

YearTSMGVRTLOverpaying
10$1,353$3,812$2,459
20$5,142$13,544$8,402
30$14,656$36,230$21,574

Expense ratio

  • 0.76%TSMG, cheaper
  • 2.28%VRTL
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

TSMG 131st cheapest of 315 funds

VRTL 315th cheapest of 315 funds

TSMG vs VRTL Dividends

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

No distribution history available.

TSMG vs VRTL 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 2025VRTL 122.5%since Apr 2025
Return per unit of riskSharpe ratio, 3 years
TSMG 0.97since Feb 2025VRTL 1.27since Apr 2025
Worst fallMax drawdown, 5 years
TSMG −63.7%since Jan 2025VRTL −80.2%since Mar 2025
Market sensitivityBeta, 5 years
TSMG 3.81VRTL 4.78

Popular comparisons

  • 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.

  • VRTLDvsUNHGA

    GraniteShares 2x Long VRT Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
    2.28% · 0.77%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TSMGAvsOKTGA

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

    Expense ratio
    0.76% · 0.75%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • VRTLDvsOKTGA

    GraniteShares 2x Long VRT Daily ETF · Leverage Shares 2x Long OKTA Daily ETF

    Expense ratio
    2.28% · 0.75%
    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.

  • VRTLDvsPANGA

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

    Expense ratio
    2.28% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.