AVGU vs. TSMG
AVGU (GraniteShares 2x Long AVGO Daily ETF) and TSMG (Leverage Shares 2X Long TSM Daily ETF) are both Leveraged Equities funds. Both are actively managed. Over the past year, AVGU returned 42.21% vs 161.87% for TSMG. A 0.60 correlation means they provide meaningful diversification when combined. AVGU charges 1.50%/yr vs 0.75%/yr for TSMG.
Performance
AVGU vs. TSMG - Performance Comparison
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Returns By Period
In the year-to-date period, AVGU achieves a 6.23% return, which is significantly lower than TSMG's 63.87% return.
AVGU
- 1D
- 2.51%
- 1M
- 0.70%
- 6M
- 1.90%
- YTD
- 6.23%
- 1Y
- 42.21%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSMG
- 1D
- -0.56%
- 1M
- -4.82%
- 6M
- 39.27%
- YTD
- 63.87%
- 1Y
- 161.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AVGU vs. TSMG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AVGU GraniteShares 2x Long AVGO Daily ETF | 6.23% | 33.87% |
TSMG Leverage Shares 2X Long TSM Daily ETF | 63.87% | 59.80% |
Correlation
The correlation between AVGU and TSMG is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025 | 0.60 |
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Return for Risk
AVGU vs. TSMG — Risk / Return Rank
AVGU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TSMG
AVGU vs. TSMG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long AVGO Daily ETF (AVGU) and Leverage Shares 2X Long TSM Daily ETF (TSMG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AVGU | TSMG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.30 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.62 | — |
| Martin ratioReturn relative to average drawdown | — | 13.96 | — |
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Drawdowns
AVGU vs. TSMG - Drawdown Comparison
The maximum AVGU drawdown since its inception was -53.30%, smaller than the maximum TSMG drawdown of -63.67%. Use the drawdown chart below to compare losses from any high point for AVGU and TSMG.
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Drawdown Indicators
| AVGU | TSMG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.30% | -63.67% | +10.37% |
Max Drawdown (1Y)Largest decline over 1 year | -53.30% | -35.29% | -18.01% |
Current DrawdownCurrent decline from peak | -39.05% | -23.62% | -15.43% |
Average DrawdownAverage peak-to-trough decline | -21.88% | -16.58% | -5.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 11.64% | — |
Volatility
AVGU vs. TSMG - Volatility Comparison
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Volatility by Period
| AVGU | TSMG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 34.62% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 64.59% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 94.18% | 79.58% | +14.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 94.18% | 84.22% | +9.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 94.18% | 84.22% | +9.96% |
AVGU vs. TSMG - Expense Ratio Comparison
AVGU has a 1.50% expense ratio, which is higher than TSMG's 0.75% expense ratio.
Dividends
AVGU vs. TSMG - Dividend Comparison
AVGU has not paid dividends to shareholders, while TSMG's dividend yield for the trailing twelve months is around 7.01%.
| Position | TTM | 2025 |
|---|---|---|
AVGU GraniteShares 2x Long AVGO Daily ETF | 0.00% | 0.00% |
TSMG Leverage Shares 2X Long TSM Daily ETF | 7.01% | 11.48% |
Frequently Asked Questions
AVGU and TSMG have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On 1-year performance, TSMG leads with 161.87% vs 42.21% for AVGU. On fees, TSMG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, TSMG has performed better with a 161.87% return vs 42.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TSMG is cheaper with a 0.75% expense ratio, compared with 1.50% for AVGU.
TSMG has the higher dividend yield at 7.01%, compared with 0.00% for AVGU.
They also come from different issuers: GraniteShares and Leverage Shares. Their fees differ too: 1.50% for AVGU and 0.75% for TSMG.
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