CIFU vs. TSMG

Last updated Jun 24, 2026

CIFU (T-REX 2X Long CIFR Daily Target ETF) and TSMG (Leverage Shares 2X Long TSM Daily ETF) are both Leveraged Equities funds. Both are actively managed. A 0.55 correlation means they provide meaningful diversification when combined. CIFU charges 1.50%/yr vs 0.75%/yr for TSMG.

Performance

CIFU vs. TSMG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Long CIFR Daily Target ETF (CIFU) and Leverage Shares 2X Long TSM Daily ETF (TSMG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CIFU achieves a 94.41% return, which is significantly higher than TSMG's 80.39% return.

CIFU

• 1D: -4.06%
• 1M: 42.63%
• YTD: 94.41%
• 6M: 64.26%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSMG

• 1D: -13.49%
• 1M: 12.90%
• YTD: 80.39%
• 6M: 88.25%
• 1Y: 241.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CIFU vs. TSMG - Yearly Performance Comparison

	2026 (YTD)	2025
CIFU T-REX 2X Long CIFR Daily Target ETF	94.41%	-13.41%
TSMG Leverage Shares 2X Long TSM Daily ETF	80.39%	18.16%

Correlation

The correlation between CIFU and TSMG is 0.55, 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 Nov 21, 2025	0.55

Return for Risk

CIFU vs. TSMG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CIFU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

TSMG

TSMG Risk / Return Rank: 85
TSMG Sharpe Ratio Rank: 93
TSMG Sortino Ratio Rank: 75
TSMG Omega Ratio Rank: 70
TSMG Calmar Ratio Rank: 94
TSMG Martin Ratio Rank: 92

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CIFU vs. TSMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long CIFR Daily Target ETF (CIFU) 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.

	CIFU	TSMG	Difference
Sharpe ratio: Return per unit of total volatility	—	3.17	—
Sortino ratio: Return per unit of downside risk	—	3.15	—
Omega ratio: Gain probability vs. loss probability	—	1.39	—
Calmar ratio: Return relative to maximum drawdown	—	6.90	—
Martin ratio: Return relative to average drawdown	—	22.04	—

Drawdowns

CIFU vs. TSMG - Drawdown Comparison

The maximum CIFU drawdown since its inception was -77.20%, which is greater than TSMG's maximum drawdown of -63.67%. Use the drawdown chart below to compare losses from any high point for CIFU and TSMG.

Drawdown Indicators

	CIFU	TSMG	Difference
Max Drawdown Largest peak-to-trough decline	-77.20%	-63.67%	-13.53%
Max Drawdown (1Y) Largest decline over 1 year	—	-35.29%	—
Current Drawdown Current decline from peak	-10.48%	-13.49%	+3.01%
Average Drawdown Average peak-to-trough decline	-42.93%	-16.65%	-26.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	11.03%	—

Volatility

Volatility by Period

	CIFU	TSMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	33.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	60.76%	—
Volatility (1Y) Calculated over the trailing 1-year period	207.07%	76.78%	+130.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	207.07%	83.21%	+123.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	207.07%	83.21%	+123.86%

CIFU vs. TSMG - Expense Ratio Comparison

CIFU has a 1.50% expense ratio, which is higher than TSMG's 0.75% expense ratio.

Dividends

CIFU vs. TSMG - Dividend Comparison

CIFU has not paid dividends to shareholders, while TSMG's dividend yield for the trailing twelve months is around 6.37%.

Position	TTM	2025
CIFU T-REX 2X Long CIFR Daily Target ETF	0.00%	0.00%
TSMG Leverage Shares 2X Long TSM Daily ETF	6.37%	11.48%

Frequently Asked Questions

Can I hold both CIFU and TSMG in my portfolio?

CIFU and TSMG have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CIFU or TSMG?

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.

Which ETF is cheaper, CIFU or TSMG?

TSMG is cheaper with a 0.75% expense ratio, compared with 1.50% for CIFU.

Which ETF pays a higher dividend yield, CIFU or TSMG?

TSMG has the higher dividend yield at 6.37%, compared with 0.00% for CIFU.

What is the main difference between CIFU and TSMG?

They also come from different issuers: REX and Leverage Shares. Their fees differ too: 1.50% for CIFU and 0.75% for TSMG.