CRCA vs. GEMG
CRCA (ProShares Ultra CRCL) and GEMG (Leverage Shares 2X Long GEMI Daily ETF) are both Leveraged Equities funds. Both are actively managed. A 0.57 correlation means they provide meaningful diversification when combined. CRCA charges 0.95%/yr vs 0.75%/yr for GEMG.
Performance
CRCA vs. GEMG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CRCA achieves a -50.19% return, which is significantly higher than GEMG's -89.02% return.
CRCA
- 1D
- -10.71%
- 1M
- -58.97%
- YTD
- -50.19%
- 6M
- -54.34%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GEMG
- 1D
- -6.14%
- 1M
- -33.52%
- YTD
- -89.02%
- 6M
- -91.24%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CRCA vs. GEMG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CRCA ProShares Ultra CRCL | -50.19% | -56.53% |
GEMG Leverage Shares 2X Long GEMI Daily ETF | -89.02% | -71.91% |
Correlation
The correlation between CRCA and GEMG is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025 | 0.57 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CRCA vs. GEMG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra CRCL (CRCA) and Leverage Shares 2X Long GEMI Daily ETF (GEMG). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Drawdowns
CRCA vs. GEMG - Drawdown Comparison
The maximum CRCA drawdown since its inception was -94.31%, roughly equal to the maximum GEMG drawdown of -97.26%. Use the drawdown chart below to compare losses from any high point for CRCA and GEMG.
Loading charts...
Drawdown Indicators
| CRCA | GEMG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.31% | -97.26% | +2.95% |
Current DrawdownCurrent decline from peak | -92.37% | -97.10% | +4.73% |
Average DrawdownAverage peak-to-trough decline | -71.73% | -81.17% | +9.44% |
Volatility
CRCA vs. GEMG - Volatility Comparison
Loading charts...
Volatility by Period
| CRCA | GEMG | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 194.67% | 219.33% | -24.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 194.67% | 219.33% | -24.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 194.67% | 219.33% | -24.66% |
CRCA vs. GEMG - Expense Ratio Comparison
CRCA has a 0.95% expense ratio, which is higher than GEMG's 0.75% expense ratio.
Dividends
CRCA vs. GEMG - Dividend Comparison
CRCA's dividend yield for the trailing twelve months is around 3.48%, while GEMG has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
CRCA ProShares Ultra CRCL | 3.48% | 1.06% |
GEMG Leverage Shares 2X Long GEMI Daily ETF | 0.00% | 0.00% |
Frequently Asked Questions
CRCA and GEMG have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GEMG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GEMG is cheaper with a 0.75% expense ratio, compared with 0.95% for CRCA.
CRCA has the higher dividend yield at 3.48%, compared with 0.00% for GEMG.
They also come from different issuers: ProShares and Leverage Shares. Their fees differ too: 0.95% for CRCA and 0.75% for GEMG.
Find the right allocation for CRCA and GEMG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer