(TSMX) Direxion Daily TSM Bull 2X - Ratings and Ratios
ETF, 2X Leveraged, Taiwan Semiconductor, Swap Agreements
Dividends
| Dividend Yield | 6.63% |
| Yield on Cost 5y | 12.55% |
| Yield CAGR 5y | 81.92% |
| Payout Consistency | 100.0% |
| Payout Ratio | - |
| Risk via 5d forecast | |
|---|---|
| Volatility | 80.4% |
| Value at Risk 5%th | 127% |
| Relative Tail Risk | -3.91% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.99 |
| Alpha | 26.01 |
| CAGR/Max DD | 1.09 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.544 |
| Beta | 2.929 |
| Beta Downside | 3.004 |
| Drawdowns 3y | |
|---|---|
| Max DD | 63.80% |
| Mean DD | 18.14% |
| Median DD | 12.85% |
Description: TSMX Direxion Daily TSM Bull 2X November 16, 2025
The Direxion Daily TSM Bull 2X Shares (NASDAQ: TSMX) is a non-diversified, leveraged ETF that seeks to deliver twice the daily performance of Taiwan Semiconductor Manufacturing Co. (TSM). In practice, the fund invests at least 80 % of its net assets-plus any borrowing-into TSM equity, swap agreements, and options designed to achieve 2× daily exposure.
Key context for TSMX investors includes: (1) TSM’s Q4 2024 revenue grew 12 % YoY to US$26.5 billion, driven by strong demand for advanced 5-nm and 3-nm nodes; (2) the semiconductor sector’s performance is highly sensitive to global fab capacity utilization, which currently sits around 78 % and is projected to tighten as AI-related workloads expand; and (3) macro-level factors such as U.S.–China technology export controls and the Fed’s monetary policy stance can cause abrupt swings in semiconductor valuations, amplifying the risks of leveraged exposure.
Given the fund’s daily reset mechanism and the volatility inherent in semiconductor stocks, a thorough back-test of TSMX’s performance across different market regimes is essential before allocating capital.
For a deeper, data-driven assessment of how leveraged semiconductor ETFs behave under varying economic conditions, you might explore the analytics platform ValueRay to compare scenario-based risk metrics.
What is the price of TSMX shares?
Over the past week, the price has changed by -2.55%, over one month by +3.75%, over three months by +12.68% and over the past year by +68.85%.
Is TSMX a buy, sell or hold?
What are the forecasts/targets for the TSMX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 59.3 | 31.3% |
TSMX Fundamental Data Overview December 16, 2025
Beta = 0.0
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 212.7m USD (212.7m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 212.7m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 212.7m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 16.81% (E(212.7m)/V(212.7m) * Re(16.81%) + (debt-free company))
Discount Rate = 16.81% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for TSMX ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle