# TSM Leveraged ETFs: 2x & Inverse, Compared

> 6 leveraged and inverse ETFs on TSM: multiple, issuer, fee and net assets. Each against its stated multiple, as of Oct 27, 2026.

Data as of Oct 27, 2026. Rebuilt every trading night.

Data as of Oct 27, 2026 .

## TSM leveraged and inverse ETFs

As of Oct 27, 2026, 6 ETFs aim to return −2x to 2x the daily move in Taiwan Semiconductor Manufacturing Co Ltd (TSM). 5 issuers sell them. Over three months they finished from −6.7 to +0.1 percentage points against what their stated multiples implied.

### Browse leveraged ETFs

### All 6 leveraged and inverse ETFs on TSM

| Ticker | Fund | Issuer | 1M vs multiple | 3M vs multiple | 1Y vs multiple | Net assets | Net assets as of | Fee | Total return 1M | Total return 3M | Total return YTD | Total return 1Y | Total return 3Y | Total return since launch | Multiple |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| TSMX | Direxion Daily TSM Bull 2X ETF | Direxion | −1.8 pts | −5.4 pts | −28.5 pts | $537m | Oct 26, 2026 | 0.99% | −7.8% | +18.0% | +66.5% | +67.5% | not available | +245.2% since Oct 2024 | +2x |
| TSMU | GraniteShares 2x Long TSM Daily ETF | GraniteShares | −2.3 pts | −6.7 pts | −36.1 pts | $42m | Oct 26, 2026 | 1.50% | −8.3% | +16.7% | +60.1% | +59.9% | not available | +188.5% since Nov 2024 | +2x |
| TSMG | Leverage Shares 2X Long TSM Daily ETF | Leverage Shares | −2.1 pts | −6.6 pts | −28.7 pts | $31m | Jul 31, 2026 | 0.76% | −8.1% | +16.8% | +65.5% | +67.3% | not available | +192.0% since Jan 2025 | +2x |
| TSMZ | Direxion Daily TSM Bear 1X ETF | Direxion | −0.3 pts | +0.1 pts | +9.5 pts | $3.1m | Oct 26, 2026 | 1.01% | +2.7% | −11.6% | −37.0% | −38.5% | not available | −67.5% since Oct 2024 | -1x |
| STSM | Defiance Daily Target 2X Short TSM ETF | Defiance | −2.3 pts | −3.0 pts | not available | $1.3m | Oct 26, 2026 | 1.30% | +3.7% | −26.4% | −68.8% | not available | not available | −74.6% since Nov 2025 | -2x |
| TWSC | Corgi TSM 2x Daily ETF | Corgi | −1.9 pts | −6.2 pts | not available | $464,420 | Oct 27, 2026 | 0.45% | −7.9% | +17.2% | not available | not available | not available | −22.4% since Jun 2026 | +2x |

What TSM itself did over the same days: −3.0% over one month, +11.7% over three months, +48.0% over one year.

### Questions people ask

Which 2x TSM ETFs are there? As of Oct 27, 2026, 4 ETFs set out to return 2x the daily move in Taiwan Semiconductor Manufacturing Co Ltd (TSM): TSMX , TSMU , TSMG and TWSC. Which inverse TSM ETFs are there? As of Oct 27, 2026, 2 ETFs set out to return the opposite of the daily move in Taiwan Semiconductor Manufacturing Co Ltd (TSM), from −2x to −1x: TSMZ and STSM. Which TSM leveraged ETF is largest? TSMX , Direxion Daily TSM Bull 2X ETF, at $537m in net assets on Oct 26, 2026, the largest of the 6 on TSM with a published size.

### Where to next

---

Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, TSM leveraged and inverse ETFs, data as of Oct 27, 2026. https://etfiq.com/leverage/tsm-leveraged-etfs
Licence: https://etfiq.com/license/ Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/leverage/tsm-leveraged-etfs