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TSMG

$--
--%
1d
1w
1m

Analysis and statistics

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About

TSMG.US refers to the GraniteShares 1.5x Long Meta ETF. This ETF seeks to provide daily investment results, before fees and expenses, that correspond to one and a half times (1.5x) the daily percentage change of the common stock of Meta Platforms, Inc. (META). It is designed for investors with a high-risk tolerance seeking amplified daily returns based on the performance of Meta stock. As a leveraged ETF, it's important to understand that its performance can be significantly impacted by compounding, and it's generally not intended for long-term holding periods.
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Factors

Semiconductor Market: Demand shifts influence TSMG's holdings' performance, impacting the ETF price.

TSMC Stock Price: As TSMG's primary holding, TSMC's (TSM) price significantly affects the ETF's value.

Geopolitical Risks: Taiwan's geopolitical situation affects TSMC and therefore TSMG.

Interest Rates: Higher interest rates can reduce the attractiveness of growth stocks held by TSMG.

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