TTDU vs. TSMG

Last updated Jun 4, 2026

TTDU (T-REX 2X Long TTD Daily Target ETF) and TSMG (Leverage Shares 2X Long TSM Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.06 correlation, their price movements are largely independent. TTDU charges 1.50%/yr vs 0.75%/yr for TSMG.

Performance

TTDU vs. TSMG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Long TTD Daily Target ETF (TTDU) 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, TTDU achieves a -77.55% return, which is significantly lower than TSMG's 86.06% return.

TTDU

• 1D: -5.44%
• 1M: -31.38%
• YTD: -77.55%
• 6M: -78.75%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSMG

• 1D: -4.26%
• 1M: 15.77%
• YTD: 86.06%
• 6M: 95.35%
• 1Y: 297.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TTDU vs. TSMG - Yearly Performance Comparison

	2026 (YTD)	2025
TTDU T-REX 2X Long TTD Daily Target ETF	-77.55%	-37.11%
TSMG Leverage Shares 2X Long TSM Daily ETF	86.06%	25.83%

Correlation

The correlation between TTDU and TSMG is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 18, 2025	0.06

Return for Risk

TTDU vs. TSMG — Risk / Return Rank

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

TSMG

TSMG Risk / Return Rank: 89
TSMG Sharpe Ratio Rank: 96
TSMG Sortino Ratio Rank: 83
TSMG Omega Ratio Rank: 76
TSMG Calmar Ratio Rank: 95
TSMG Martin Ratio Rank: 94

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.

TTDU vs. TSMG - Risk-Adjusted Trends Comparison

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

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

Sharpe Ratios by Period

	TTDU	TSMG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.18	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.87	1.69	-2.56

Drawdowns

TTDU vs. TSMG - Drawdown Comparison

The maximum TTDU drawdown since its inception was -89.89%, which is greater than TSMG's maximum drawdown of -63.67%. Use the drawdown chart below to compare losses from any high point for TTDU and TSMG.

Drawdown Indicators

	TTDU	TSMG	Difference
Max Drawdown Largest peak-to-trough decline	-89.89%	-63.67%	-26.22%
Max Drawdown (1Y) Largest decline over 1 year	—	-35.29%	—
Current Drawdown Current decline from peak	-89.89%	-4.26%	-85.63%
Average Drawdown Average peak-to-trough decline	-59.22%	-16.98%	-42.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.79%	—

Volatility

Volatility by Period

	TTDU	TSMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	23.14%	—
Volatility (6M) Calculated over the trailing 6-month period	—	55.07%	—
Volatility (1Y) Calculated over the trailing 1-year period	107.88%	71.74%	+36.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	107.88%	81.06%	+26.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	107.88%	81.06%	+26.82%

TTDU vs. TSMG - Expense Ratio Comparison

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

Dividends

TTDU vs. TSMG - Dividend Comparison

TTDU has not paid dividends to shareholders, while TSMG's dividend yield for the trailing twelve months is around 6.17%.

Position	TTM	2025
TSMG Leverage Shares 2X Long TSM Daily ETF	6.17%	11.48%
TTDU T-REX 2X Long TTD Daily Target ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both TTDU and TSMG in my portfolio?

TTDU and TSMG have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TTDU 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, TTDU or TSMG?

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

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

TSMG has the higher dividend yield at 6.17%, compared with 0.00% for TTDU.

What is the main difference between TTDU and TSMG?

They also come from different issuers: T-Rex and Leverage Shares. Their fees differ too: 1.50% for TTDU and 0.75% for TSMG.