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RAYJ vs TSMG

Comparison between RAYLIANT SMDAM JAPAN EQUITY ETF (RAYJ, ETF) and LEVERAGE SHARES 2X LONG TSM DAILY ETF (TSMG, ETF).

RAYJ vs TSMG - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
RAYJ
$27M
TSMG
$27M
Expense Ratio
RAYJ
0.72%
TSMG
N/A
Max Drawdown
Winner
RAYJ
16.60%
TSMG
63.67%
Sharpe Ratio
RAYJ
1.18
Winner
TSMG
1.87
5Y Beta
Winner
RAYJ
0.80
TSMG
3.19

RAYJ vs TSMG - Historical Returns

Returns include dividend reinvestment.

1M
RAYJ
-1.42%
Winner
TSMG
+10.27%
3M
RAYJ
+12.65%
Winner
TSMG
+46.61%
6M
RAYJ
+19.41%
Winner
TSMG
+85.07%
1Y
RAYJ
+32.35%
Winner
TSMG
+207.51%
Max(CAGR)
RAYJ
+25.00%
Winner
TSMG
+120.24%

RAYJ vs TSMG - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

YearRAYJTSMG
2026+20.02%+55.37%
2025+20.33%+76.44%
2024+10.11%N/A

RAYJ vs TSMG Drawdown Comparison

The maximum drawdown for RAYJ was -15.95%, occurring on Apr 7, 2025. Recovery took 106 trading sessions.

The maximum drawdown for TSMG was -63.67%, occurring on Apr 8, 2025. Recovery took 120 trading sessions.

The current RAYJ drawdown is -3.37%. The current TSMG drawdown is -11.41%.

RankRAYJTSMG
#1-15.95%
Dec 5, 2024 - May 12, 2025
-63.67%
Jan 23, 2025 - Jul 17, 2025
#2-14.00%
Feb 27, 2026 - May 6, 2026
-35.29%
Feb 25, 2026 - Apr 24, 2026
#3-13.41%
Jul 17, 2024 - Aug 19, 2024
-21.41%
Oct 8, 2025 - Jan 2, 2026
#4-10.72%
Sep 26, 2024 - Dec 3, 2024
-17.73%
Jun 2, 2026 - Jun 10, 2026
#5-8.50%
May 13, 2026 - Jun 10, 2026
-15.97%
Jul 17, 2025 - Sep 9, 2025
#6-7.44%
Nov 10, 2025 - Nov 28, 2025
-13.34%
May 6, 2026 - May 28, 2026
#7-6.70%
Nov 28, 2025 - Jan 9, 2026
-10.34%
Jan 15, 2026 - Feb 6, 2026
#8-6.69%
Aug 18, 2025 - Nov 3, 2025
-7.37%
Feb 11, 2026 - Feb 24, 2026
#9-6.39%
Apr 9, 2024 - Jul 10, 2024
-7.10%
Sep 23, 2025 - Oct 1, 2025
#10-5.87%
Aug 30, 2024 - Sep 19, 2024
-6.76%
Apr 27, 2026 - May 6, 2026
#11-5.80%
Jul 23, 2025 - Aug 7, 2025
-5.69%
Jan 6, 2026 - Jan 12, 2026
#12-4.88%
Jun 27, 2025 - Jul 23, 2025
-5.56%
Oct 6, 2025 - Oct 8, 2025
#13-2.39%
May 27, 2025 - May 30, 2025
-3.02%
Sep 18, 2025 - Sep 22, 2025
#14-2.07%
Jan 27, 2026 - Feb 6, 2026
-2.78%
Jan 12, 2026 - Jan 15, 2026
#15-1.71%
Feb 12, 2026 - Feb 24, 2026
-2.42%
May 28, 2026 - Jun 1, 2026

Correlation

Correlation between RAYJ and TSMG is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96
-101

Dividend Comparison (2024 - 2026)

RAYJ vs TSMG dividend yield comparison.

YearRAYJTSMG
20263.14%0.00%
20251.72%11.48%
20240.78%0.00%

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