Leverage Shares 2x Long TSM Daily ETF
TSMG
NASDAQ Global Market- -
USD
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Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 11755 Wilshire Blvd, Suite 2400 Los Angeles CA United States of America 90025
- IPO Date
- Dec 5, 2024
- Website
- leverageshares.com
- Similar Companies
- Business
- Leverage Shares 2x Long TSM Daily ETF (TSMG) provides two times (200%) the daily performance of Taiwan Semiconductor Manufacturing Company Limited (TSM) stock, less fees and expenses, through actively managed exchange-traded fund strategies employing swaps and futures contracts with counterparties such as Marex, Cantor, and Clearstreet; it also holds cash equivalents including the First American Treasury Obligations Fund. The ETF, with a total expense ratio of 0.75%, trades on NASDAQ under ticker TSMG (CUSIP 882927585, ISIN US8829275853), features four primary holdings, and targets active traders seeking amplified short-term exposure without margin account risks or calls, though returns over periods longer than one day may significantly diverge from 2x TSM due to daily rebalancing and compounding effects. Launched on January 14, 2025, as part of the broader Leverage Shares lineup issued through entities like Themes ETFs Trust and ETP Holding Co. LLC, it operates principally in the United States market with a net asset value of approximately $23.82 and 500,000 shares outstanding as of December 2025. Leverage Shares, the pioneer and largest issuer of single-stock exchange-traded products (ETPs) in Europe founded in 2017, maintains headquarters in Greenwich, Connecticut, with additional operations in Dublin, Ireland, and supports over 160 leveraged and unleveraged ETPs/ETFs across exchanges including London Stock Exchange, Euronext Amsterdam, and U.S. platforms, distributed by ALPS Distributors, Inc. and advised by Themes Management Company LLC. The firm offers daily leveraged bull ETFs on popular single stocks like NIO (NIOG), SNAP (SNAG), and NVDA, alongside capped accelerated monthly ETFs providing up to 2x monthly upside with 1x downside on select names; it also provides white-label ETP platforms for third-party branded products. Recent developments include the November 2025 expansion of Leverage Shares by Themes' single-stock leveraged ETF lineup with nine new funds on stocks such as NU, NET, OKTA, TER, NEM, CMG, ABNB, SPOT, and SBUX, increasing the total to 43 offerings and underscoring ongoing product innovation. In September 2025, the company launched 19 new ETPs on the London Stock Exchange, introducing first-ever 3x leveraged products on Robinhood (HOOD), Hims & Hers (HIMS), and UnitedHealth (UNH), plus exposures to Intel, Broadcom, ASML, and others, amid year-to-date turnover growth of 86% through August 2025. Further, Leverage Shares cross-listed 21 IncomeShares products on Euronext Amsterdam in October 2025 to broaden European access to options-based income ETPs.