TSMX Direxion Daily TSM Bull 2X ETF
Quote as of Oct 09, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 90.50 | Day Range | 87.19 – 92.72 |
| 52-Week Range | 40.92 – 106.32 | Volume | 455.01K |
| Avg Volume | 685.76K | AUM | $531.5M (Oct 10, 2026) |
| Expense Ratio | 0.99% | Yield (TTM) | 4.84% |
| NAV | 90.46 | Premium/Discount | -2.08% indicative |
| Inception | Oct 03, 2024 | Holdings | 9 |
| Issuer | Direxion | Exchange | NASDAQ |
| Category | Technology | Index Tracked | Not stated in source data |
| CUSIP | 25461A544 | ISIN | US25461A5442 |
| Structure | Leveraged 2x Inverse | ||
| Management | Not stated in source data | ||
About this ETF
These two Direxion ETFs are designed to deliver daily investment outcomes that mirror or invert the performance of Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) common shares, before accounting for fees and expenses. Specifically, the Direxion Daily TSM Bull 2X ETF seeks to provide double (200%) the daily return of TSM's stock, while the Direxion Daily TSM Bear 1X ETF aims for a daily return equal to 100% of the inverse (or opposite) movement of TSM.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +6.70% | +3.05% | +30.23% | +79.38% | +64.25% | — | — | — | +83.88% |
| Total return | +6.70% | +3.05% | +30.69% | +80.74% | +76.81% | — | — | — | +93.07% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.99% | Annual cost of a $10,000 investment | $99.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 9 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | TSM SWAP ASSET LEG (TSMGSL) | — | 26.13% | 874.20K | $400.4M |
| 2 | DREYFUS GOVT CASH MAN INS | — | 15.04% | 230.51M | $230.5M |
| 3 | TSM SWAP ASSET LEG (TSMNML) | — | 14.49% | 485.00K | $222.1M |
| 4 | TSM SWAP ASSET LEG (TSMBPL) | — | 14.01% | 468.65K | $214.6M |
| 5 | DREYFUS TRSRY SECURITIES CASH MGMT | — | 10.78% | 165.13M | $165.1M |
| 6 | TSM SWAP ASSET LEG (TSMMLL) | — | 8.35% | 279.24K | $127.9M |
| 7 | TAIWAN SEMICONDUCTOR-SP ADR | TSM | 6.38% | 213.32K | $97.7M |
| 8 | GOLDMAN FINL SQ TRSRY INST 506 | — | 4.82% | 73.88M | $73.9M |
| 9 | TSM SWAP ASSET LEG (TSMCTL) | — | 0.01% | 500 | $229.0K |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 4.84% | Paid (last 12 months) | $4.2843 |
| Frequency | Quarterly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Sep 22, 2026 | Last payment | $0.3164 (Sep 29, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Sep 22, 2026 | Sep 22, 2026 | Sep 29, 2026 | $0.3164 |
| Jun 23, 2026 | Jun 23, 2026 | Jun 30, 2026 | $0.3574 |
| Mar 24, 2026 | Mar 24, 2026 | Mar 31, 2026 | $0.2398 |
| Dec 23, 2025 | Dec 23, 2025 | Dec 31, 2025 | $0.2624 |
| Dec 10, 2025 | Dec 10, 2025 | Dec 17, 2025 | $3.1083 |
| Sep 23, 2025 | Sep 23, 2025 | Sep 30, 2025 | $0.1917 |
| Jun 24, 2025 | Jun 24, 2025 | Jul 01, 2025 | $0.2581 |
| Mar 25, 2025 | Mar 25, 2025 | Apr 01, 2025 | $0.1370 |
| Dec 23, 2024 | Dec 23, 2024 | Dec 31, 2024 | $0.1557 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 79.35% / — | Sharpe 1Y / 3Y | 2.20 / — |
| Max drawdown 1Y / 3Y | -39.94% / — | Sortino 1Y | 3.40 |
| Beta vs S&P 500 (3Y) | 3.21 | Correlation vs S&P 500 (1Y) | 0.664 |
| Downside deviation 1Y | 51.21% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 11, 2026. Formulas →
Liquidity
| Volume today | 455.01K | Average volume | 685.76K |
| AUM | $531.5M | Premium/Discount | -2.08% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$34.2M | -6.04% | $565.6M → $531.5M |
| 1 Month | -$108.8M | -18.34% | $593.1M → $531.5M |
| 1 Week | $21.4M | +3.83% | $557.5M → $531.5M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for TSMX
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.