TSMG vs VYM
Leverage Shares 2X Long TSM Daily ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. TSMG delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | TSMG | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.76% | 0.04% | |
| AUM | $30M | $79.0B | |
| Dividend Yield | 5.36% | 2.86% | |
| Holdings | 5 | 568 | |
| YTD Return | +45.56% | +16.16% | |
| 1Y Return | +136.22% | +26.05% | |
| 3Y Return (annualized) | - | +18.43% | |
| 5Y Return (annualized) | - | +12.21% | |
| Volatility (annualized) | 77.7% | 14.6% | |
| Max Drawdown | -63.7% | -58.8% | |
| Fund Family | Leverage Shares | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Jan 14, 2025 | Nov 10, 2006 |
TSMG vs VYM Performance
Leverage Shares 2X Long TSM Daily ETF (TSMG) is a ETF from Leverage Shares and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year TSMG returned +136.22% while VYM returned +26.05%. Year to date, TSMG is up 45.56% versus a gain of 16.16% for VYM.
Risk: Volatility and Drawdowns
TSMG has been the more volatile fund, with annualized monthly volatility of 77.7% compared with 14.6% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -63.7% for TSMG and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.44. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
TSMG charges 0.76% per year while VYM charges 0.04%. On a $10,000 position that is $76 vs $4 annually, a gap of $72 per year that compounds over a long holding period. On income, TSMG currently yields 5.36% against 2.86% for VYM.
Holdings Overlap
TSMG and VYM share 0 holdings out of 559 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, TSMG or VYM?
TSMG has an expense ratio of 0.76% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $72 per year of difference.
Which performed better, TSMG or VYM?
Over the past year TSMG returned +136.22% vs +26.05% for VYM, so TSMG leads on 1-year performance. Over the longest common window we track (2 years), TSMG annualized +94.48% vs +7.09% for VYM. Past performance does not guarantee future results.
Which is riskier, TSMG or VYM?
TSMG has been the more volatile fund at 77.7% annualized versus 14.6% for VYM. Worst drawdown: TSMG -63.7% vs VYM -58.8%.
Should I hold both TSMG and VYM?
TSMG and VYM have a monthly-return correlation of 0.44, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between TSMG and VYM?
TSMG and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 559 unique securities.
Which pays a higher dividend, TSMG or VYM?
TSMG yields 5.36% while VYM yields 2.86%, so TSMG currently pays the higher dividend yield.
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