CMGG vs. USD
CMGG (Leverage Shares 2X Long CMG Daily ETF) and USD (ProShares Ultra Semiconductors) are both Leveraged Equities funds. CMGG is actively managed, while USD is passively managed. At a 0.02 correlation, their price movements are largely independent. CMGG charges 0.75%/yr vs 0.95%/yr for USD.
Performance
CMGG vs. USD - Performance Comparison
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Returns By Period
In the year-to-date period, CMGG achieves a -37.52% return, which is significantly lower than USD's 84.65% return.
CMGG
- 1D
- 2.82%
- 1M
- -12.95%
- YTD
- -37.52%
- 6M
- -40.08%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
USD
- 1D
- -12.35%
- 1M
- 1.73%
- YTD
- 84.65%
- 6M
- 79.76%
- 1Y
- 206.76%
- 3Y*
- 114.28%
- 5Y*
- 63.13%
- 10Y*
- 61.02%
CMGG vs. USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CMGG Leverage Shares 2X Long CMG Daily ETF | -37.52% | 36.20% |
USD ProShares Ultra Semiconductors | 84.65% | -0.88% |
Correlation
The correlation between CMGG and USD is 0.02, 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 17, 2025 | 0.02 |
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Return for Risk
CMGG vs. USD — Risk / Return Rank
CMGG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
USD
CMGG vs. USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long CMG Daily ETF (CMGG) and ProShares Ultra Semiconductors (USD). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CMGG | USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.40 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 6.54 | — |
| Martin ratioReturn relative to average drawdown | — | 18.16 | — |
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Drawdowns
CMGG vs. USD - Drawdown Comparison
The maximum CMGG drawdown since its inception was -56.75%, smaller than the maximum USD drawdown of -88.63%. Use the drawdown chart below to compare losses from any high point for CMGG and USD.
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Drawdown Indicators
| CMGG | USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.75% | -88.63% | +31.88% |
Max Drawdown (1Y)Largest decline over 1 year | — | -31.80% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -64.46% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -77.85% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -77.85% | — |
Current DrawdownCurrent decline from peak | -48.19% | -14.69% | -33.50% |
Average DrawdownAverage peak-to-trough decline | -23.37% | -32.29% | +8.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 11.44% | — |
Volatility
CMGG vs. USD - Volatility Comparison
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Volatility by Period
| CMGG | USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 34.07% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 54.13% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 68.93% | 67.96% | +0.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 68.93% | 77.73% | -8.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 68.93% | 69.83% | -0.90% |
CMGG vs. USD - Expense Ratio Comparison
CMGG has a 0.75% expense ratio, which is lower than USD's 0.95% expense ratio.
Dividends
CMGG vs. USD - Dividend Comparison
CMGG has not paid dividends to shareholders, while USD's dividend yield for the trailing twelve months is around 0.25%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMGG Leverage Shares 2X Long CMG Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USD ProShares Ultra Semiconductors | 0.25% | 0.39% | 0.10% | 0.05% | 0.30% | 0.00% | 0.14% | 0.72% | 0.93% | 0.32% | 0.46% | 0.39% |
Frequently Asked Questions
CMGG and USD have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CMGG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CMGG is cheaper with a 0.75% expense ratio, compared with 0.95% for USD.
USD has the higher dividend yield at 0.25%, compared with 0.00% for CMGG.
They also come from different issuers: Leverage Shares and ProShares. Their fees differ too: 0.75% for CMGG and 0.95% for USD.
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