(TSMU) GraniteShares 2x Long TSM - Overview
ETF Category: Trading--Leveraged Equity | Exchange: NASDAQ (USA) | Market Cap: 39m USD | Total Return: 262.3% in 12m
Avg Turnover: 6.36M
Warnings
No concerns identified
Tailwinds
Rs Leader, Tailwind
TSMU is an actively managed, non-diversified ETF designed to provide 200% of the daily price performance of Taiwan Semiconductor Manufacturing Company (TSM). The fund achieves this leveraged exposure through a combination of direct equity purchases and derivative instruments, specifically swaps and options.
TSMC operates a pure-play foundry model, manufacturing semiconductors for fabless chip designers rather than selling products under its own brand. This business model is central to the global technology supply chain, as high-end logic chips are essential for artificial intelligence infrastructure and mobile computing.
Investors should evaluate long-term valuation trends on ValueRay before committing to leveraged positions. Due to the effects of daily compounding, this fund is intended for short-term trading rather than long-term holding.
- TSMC quarterly revenue growth driven by high-performance computing and AI demand
- Global semiconductor capital expenditure cycles influence foundry utilization and pricing power
- Geopolitical tensions in Taiwan Strait impact investor risk premium and valuation
- Federal Reserve interest rate policy shifts volatility in leveraged equity instruments
- Advanced node migration success determines long-term competitive moat and margin stability
As of May 29, 2026, the stock is trading at USD 75.73 with a total of 64,192 shares traded.
Over the past week, the price has changed by +10.99%,
over one month by +14.81%,
over three months by +19.08% and
over the past year by +262.34%.
GraniteShares 2x Long TSM has no consensus analysts rating.