LULG vs. TSMG
LULG (Leverage Shares 2X Long LULU Daily ETF) and TSMG (Leverage Shares 2X Long TSM Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. At a 0.25 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.
Performance
LULG vs. TSMG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LULG achieves a -78.27% return, which is significantly lower than TSMG's 108.52% return.
LULG
- 1D
- -11.57%
- 1M
- -33.75%
- YTD
- -78.27%
- 6M
- -79.36%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSMG
- 1D
- 2.19%
- 1M
- 30.51%
- YTD
- 108.52%
- 6M
- 123.61%
- 1Y
- 295.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LULG vs. TSMG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
LULG Leverage Shares 2X Long LULU Daily ETF | -78.27% | 55.59% |
TSMG Leverage Shares 2X Long TSM Daily ETF | 108.52% | 4.43% |
Correlation
The correlation between LULG and TSMG is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025 | 0.25 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LULG vs. TSMG — Risk / Return Rank
LULG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TSMG
LULG vs. TSMG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long LULU Daily ETF (LULG) 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.
| LULG | TSMG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.44 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 8.44 | — |
| Martin ratioReturn relative to average drawdown | — | 27.04 | — |
Loading charts...
Drawdowns
LULG vs. TSMG - Drawdown Comparison
The maximum LULG drawdown since its inception was -79.88%, which is greater than TSMG's maximum drawdown of -63.67%. Use the drawdown chart below to compare losses from any high point for LULG and TSMG.
Loading charts...
Drawdown Indicators
| LULG | TSMG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.88% | -63.67% | -16.21% |
Max Drawdown (1Y)Largest decline over 1 year | — | -35.29% | — |
Current DrawdownCurrent decline from peak | -79.88% | 0.00% | -79.88% |
Average DrawdownAverage peak-to-trough decline | -36.43% | -16.65% | -19.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 10.99% | — |
Volatility
LULG vs. TSMG - Volatility Comparison
Loading charts...
Volatility by Period
| LULG | TSMG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 29.04% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 59.04% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 88.07% | 75.62% | +12.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 88.07% | 82.51% | +5.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 88.07% | 82.51% | +5.56% |
LULG vs. TSMG - Expense Ratio Comparison
Both LULG and TSMG have an expense ratio of 0.75%.
Dividends
LULG vs. TSMG - Dividend Comparison
LULG has not paid dividends to shareholders, while TSMG's dividend yield for the trailing twelve months is around 5.51%.
| Position | TTM | 2025 |
|---|---|---|
LULG Leverage Shares 2X Long LULU Daily ETF | 0.00% | 0.00% |
TSMG Leverage Shares 2X Long TSM Daily ETF | 5.51% | 11.48% |
Frequently Asked Questions
LULG and TSMG have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
LULG and TSMG have the same expense ratio: 0.75% per year.
TSMG has the higher dividend yield at 5.51%, compared with 0.00% for LULG.
Find the right allocation for LULG and TSMG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer