TSMG

Leverage Shares 2X Long TSM Daily ETF

$23.72

+0.00%

Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The Leverage Shares 2X Long TSM Daily ETF (TSMG) seeks to provide 2x the daily return of the TSMC (Taiwan Semiconductor Manufacturing Company) stock, before fees and expenses.

Overview

ETF tracking Leverage Shares 2X Long TSM Daily ETF

Category Leveraged

Issuer Other

Inception Date 2025-01-14

Market Cap $7.6M

Average Volume N/A

Dividend Yield N/A

52-Week Range $6.72 - $28.01

VWAP $23.15

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Leverage Shares 2X Long TSM Daily ETF (TSMG) seeks to provide 2x the daily return of the TSMC (Taiwan Semiconductor Manufacturing Company) stock, before fees and expenses.

🎯 Investment Strategy

The ETF uses derivatives and leverage to amplify the daily performance of the underlying TSMC stock. It does not seek to achieve its stated investment objective over periods longer than a single day.

✨ Key Features

Provides 2x the daily return of TSMC stock
Uses derivatives and leverage to achieve its objective
Resets daily, so performance may not match 2x the TSMC stock over longer periods
Very small asset size of $0 as of reporting

⚠️ Primary Risks

Significant risk of loss due to the use of leverage and derivatives
Daily reset means the ETF's performance may not match 2x the underlying over time
Potential for increased volatility compared to the underlying stock
Lack of track record, with no reported performance history

👤 Best For

This ETF is intended for experienced, risk-tolerant investors who understand the risks of leveraged and derivative-based strategies, and who seek to make short-term, speculative bets on the daily performance of TSMC stock. It is not suitable for long-term, buy-and-hold investors.