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TSMG vs XPEG

Leverage Shares 2x Long TSM Daily ETF

TSMGANasdaq

Leverage Shares 2x Long XPEV Daily ETF

XPEGCNasdaq

Overlap

Expense ratio

XPEG −0.01pt a year

TSMG0.76%XPEG0.75%

Avg volume · 30D

TSMG 1.3×the volume

TSMG69KXPEG52.7K

TSMG vs XPEG Performance

Jul 31, 2026 – Oct 30, 2026

−4.6%TSMG−56.1%XPEG

Jul 31, 2026 to Oct 30, 2026. TSMG −4.6%. XPEG −56.1%. Use the arrow keys to read each point.−40%−20%20%40%Jul 2026Sep 2026Oct 2026
Expense ratio
TSMG 0.76%
XPEG 0.75%, better
Fund size
TSMG $28M
XPEG $1M
1Y total return
TSMG +40.8%
XPEG No data
Holdings
TSMG 5
XPEG 4
Avg volume (30D)
TSMG 69K sh, better
XPEG 52.7K sh
NAV per share
TSMG $33.77
XPEG $2.16
52W range

ETF.net Grade

TSMG: Cost 70, Risk 84, Mission 79, Tradability 74, Holdings not scored, Durability 67. XPEG: Cost 70, Risk 34, Mission 93, Tradability 43, Holdings not scored, Durability 41.
Pillar letters and Scores for TSMG, XPEG, with each pillar’s weight
PillarTSMGXPEG
Cost30% weightA70A70
Mission25% weightA79A93Higher
Risk15% weightA84HigherD34
Tradability15% weightA74HigherC43
Holdings10% weightNot scoredNot scored
Durability5% weightB67HigherC41

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 XPEG 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 XPEG 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 123CXAGICorgi AGIX 2x Daily ETFScore 40
  4. Rank 123CXPEGLeverage Shares 2x Long XPEV Daily ETFScore 40
  5. Rank 123CXYZGLeverage Shares 2x Long XYZ Daily ETFScore 40

Our read on each fund

ETF.net Research

TSMGALeverage Shares 2x Long TSM Daily ETF

XPEGCLeverage Shares 2x Long XPEV 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.

XPEG Two times XPeng's daily move, in one US-listed ticker. XPEG uses swaps on the EV maker's ADR to double each day's swing (both directions), resets every night, and charges 0.75%.

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.

XPEG The fund seeks daily investment results equal to 200% of the daily performance of XPeng Inc. stock, before fees and expenses.

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.
  • XPEG Fee of 0.75%, below the typical 2x single-stock fund and below Direxion's 2x names such as AAPU and GGLL.
  • Plain mechanics: swaps plus the XPEV ADR target 200% of the stock's daily move, and the fund has stayed very close to that daily target.sec.gov
  • A 1940 Act fund, so you get geared XPeng exposure without a margin account or an options chain, and you cannot lose more than you put in.sec.gov

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.
  • XPEG Leverage resets daily. Hold longer than a day and results can drift far from 2x the stock's move, especially through choppy, back-and-forth stretches.sec.gov
  • Small fund, thin trading. Spreads can widen, and the 2026 launch means a short track record to judge it by.
  • One Chinese EV maker's ADR is the whole portfolio, and the fund has paid no distributions.sec.gov

Full TSMG profile⁠

Full XPEG profile⁠

TSMG vs XPEG 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 XPEG Cost

Overpaying TSMG vs XPEG

$174

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

  • TSMG 0.76%

    $14,656

  • XPEG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • TSMG 0.76%
  • XPEG 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530TSMG $14,656XPEG $14,482

Year by year

YearTSMGXPEGOverpaying
10$1,353$1,336$17
20$5,142$5,078$64
30$14,656$14,482$174

Expense ratio

  • 0.76%TSMG
  • 0.75%XPEG, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

XPEG 87th cheapest of 315 funds

TSMG 131st cheapest of 315 funds

TSMG vs XPEG Dividends

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

No distribution history available.

TSMG vs XPEG 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 2025XPEG No data
Return per unit of riskSharpe ratio, 3 years
TSMG 0.97since Feb 2025XPEG No data
Worst fallMax drawdown, 5 years
TSMG −63.7%since Jan 2025XPEG No data
Market sensitivityBeta, 5 years
TSMG 3.81XPEG 0.50

Popular comparisons

  • TSMGAvsUNHGA

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

    Expense ratio
    0.76% · 0.77%
    Category
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  • XPEGCvsUNHGA

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  • XPEGCvsOKTGA

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    Expense ratio
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    Category
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