GraniteShares 2x Long TSM Daily ETF
TSMU
NASDAQ Global Market- -
USD
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Capital Structure
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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.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 205 Hudson Street, 7th Floor New York NY United States of America 10013
- IPO Date
- Nov 12, 2024
- Website
- graniteshares.com
- Similar Companies
- Business
- GraniteShares ETF Trust - GraniteShares 2x Long TSM Daily ETF (TSMU) is an actively managed exchange-traded fund that seeks, before fees and expenses, daily investment results corresponding to two times (200%) the daily percentage change in the share price of Taiwan Semiconductor Manufacturing Co Ltd (NASDAQ: TSM); the fund achieves this leveraged exposure primarily through derivatives such as swaps and options rather than direct holdings in TSM stock. GraniteShares, the issuer and manager founded in 2016 and headquartered in New York City, specializes in innovative exchange-traded products including leveraged and inverse single-stock ETFs, commodity funds such as physically backed gold and platinum ETFs, high-income strategies, disruptive technology baskets, and the expanding YieldBOOST lineup of options-based income ETFs; its offerings are listed on U.S. exchanges as well as those in the U.K., Germany, France, and Italy, targeting high-conviction investors seeking amplified exposure or alternative income solutions. The firm operates globally with over $10.9 billion in assets under management as of September 2025 and maintains a U.S. domicile for funds like TSMU, which launched on November 11, 2024, with a net expense ratio of 1.50% and total net assets of approximately $17.5 million. In recent developments, GraniteShares launched TSMU in November 2024 as part of its leveraged single-stock ETF suite, followed by multiple expansions to its YieldBOOST platform including the YieldBOOST TSM ETF (TSYY) and others tied to single stocks like RIOT (RTYY), HIMS (HMYY), MSTR (MTYY), and PLTR (PLYY) throughout 2025; on December 16, 2025, the firm introduced two fund-of-funds ETFs, GraniteShares YieldBOOST Single Stock Universe ETF (YBST) and YieldBOOST Top Yield ETF (BTY), providing diversified exposure across its YieldBOOST lineup with equal-weighted or premium-focused allocations. These launches build on prior 2025 introductions such as YieldBOOST ETFs for META (FBYY) in October and leveraged single-stock ETFs like PDDL, NOWL, and AVGU in July, alongside ongoing growth in AUM for YieldBOOST strategies surpassing $649 million by late November 2025. No major acquisitions, funding rounds, or reorganizations were reported in the last 1-2 years, with the firm maintaining its focus on product innovation amid a Series A funding stage from earlier years.