BU vs. CRMG
BU (Defiance Daily Target 2X Long B ETF) and CRMG (Leverage Shares 2X Long CRM Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.09, they often move in opposite directions. BU charges 1.29%/yr vs 0.75%/yr for CRMG.
Performance
BU vs. CRMG - Performance Comparison
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Returns By Period
In the year-to-date period, BU achieves a -16.84% return, which is significantly higher than CRMG's -56.09% return.
BU
- 1D
- 4.46%
- 1M
- 18.42%
- YTD
- -16.84%
- 6M
- -7.26%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CRMG
- 1D
- -1.95%
- 1M
- -1.95%
- YTD
- -56.09%
- 6M
- -50.25%
- 1Y
- -60.55%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BU vs. CRMG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BU Defiance Daily Target 2X Long B ETF | -16.84% | 29.45% |
CRMG Leverage Shares 2X Long CRM Daily ETF | -56.09% | 32.21% |
Correlation
The correlation between BU and CRMG is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 20, 2025 | -0.09 |
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Return for Risk
BU vs. CRMG — Risk / Return Rank
BU
CRMG
BU vs. CRMG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long B ETF (BU) and Leverage Shares 2X Long CRM Daily ETF (CRMG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| BU | CRMG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -0.81 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | -0.65 | +0.81 |
Drawdowns
BU vs. CRMG - Drawdown Comparison
The maximum BU drawdown since its inception was -53.98%, smaller than the maximum CRMG drawdown of -74.38%. Use the drawdown chart below to compare losses from any high point for BU and CRMG.
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Drawdown Indicators
| BU | CRMG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.98% | -74.38% | +20.40% |
Max Drawdown (1Y)Largest decline over 1 year | — | -70.91% | — |
Current DrawdownCurrent decline from peak | -42.65% | -67.87% | +25.22% |
Average DrawdownAverage peak-to-trough decline | -25.45% | -37.81% | +12.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 41.08% | — |
Volatility
BU vs. CRMG - Volatility Comparison
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Volatility by Period
| BU | CRMG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 34.03% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 63.87% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 97.40% | 75.31% | +22.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 97.40% | 75.62% | +21.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 97.40% | 75.62% | +21.78% |
BU vs. CRMG - Expense Ratio Comparison
BU has a 1.29% expense ratio, which is higher than CRMG's 0.75% expense ratio.
Dividends
BU vs. CRMG - Dividend Comparison
Neither BU nor CRMG has paid dividends to shareholders.
Frequently Asked Questions
BU and CRMG have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CRMG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CRMG is cheaper with a 0.75% expense ratio, compared with 1.29% for BU.
BU and CRMG have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Defiance and Leverage Shares. Their fees differ too: 1.29% for BU and 0.75% for CRMG.
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