CRMG vs. BOEG

Last updated Aug 4, 2026

CRMG (Leverage Shares 2X Long CRM Daily ETF) and BOEG (Leverage Shares 2X Long BA Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. Over the past year, CRMG returned -58.49% vs -12.14% for BOEG. Their 0.04 correlation means their historical movements had little consistent relationship. Both charge a 0.75% expense ratio.

Performance

CRMG vs. BOEG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long CRM Daily ETF (CRMG) and Leverage Shares 2X Long BA Daily ETF (BOEG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRMG achieves a -59.37% return, which is significantly lower than BOEG's 0.59% return.

CRMG

• 1D: 2.01%
• 1M: 21.88%
• 6M: -34.00%
• YTD: -59.37%
• 1Y: -58.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -49.29%

BOEG

• 1D: 15.82%
• 1M: 3.97%
• 6M: -11.16%
• YTD: 0.59%
• 1Y: -12.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.54%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BOEG Leverage Shares 2X Long BA Daily ETF	$787.34K	$569.94K	$587.43K
CRMG Leverage Shares 2X Long CRM Daily ETF	$32.15M	$27.08M	$20.40M

CRMG vs. BOEG - Yearly Performance Comparison

	2026 (YTD)	2025
CRMG Leverage Shares 2X Long CRM Daily ETF	-59.37%	-12.28%
BOEG Leverage Shares 2X Long BA Daily ETF	0.59%	6.85%

Correlation

The correlation between CRMG and BOEG is -0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.01
Correlation (All Time) Calculated using the full available price history since Jun 13, 2025	0.04

Return for Risk

CRMG vs. BOEG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CRMG

CRMG Risk / Return Rank: 3
CRMG Sharpe Ratio Rank: 3
CRMG Sortino Ratio Rank: 4
CRMG Omega Ratio Rank: 4
CRMG Calmar Ratio Rank: 3
CRMG Martin Ratio Rank: 2

BOEG

BOEG Risk / Return Rank: 9
BOEG Sharpe Ratio Rank: 8
BOEG Sortino Ratio Rank: 12
BOEG Omega Ratio Rank: 11
BOEG Calmar Ratio Rank: 7
BOEG Martin Ratio Rank: 8

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CRMG vs. BOEG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long CRM Daily ETF (CRMG) and Leverage Shares 2X Long BA Daily ETF (BOEG). 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.

	CRMG	BOEG	Difference
Sharpe ratio: Return per unit of total volatility	-0.72	-0.18	-0.54
Sortino ratio: Return per unit of downside risk	-0.93	0.21	-1.14
Omega ratio: Gain probability vs. loss probability	0.89	1.02	-0.13
Calmar ratio: Return relative to maximum drawdown	-0.80	-0.26	-0.54
Martin ratio: Return relative to average drawdown	-1.35	-0.47	-0.87

CRMG vs. BOEG - Sharpe Ratio Comparison

The current CRMG Sharpe Ratio is -0.72, which is lower than the BOEG Sharpe Ratio of -0.18. The chart below compares the historical Sharpe Ratios of CRMG and BOEG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CRMG vs. BOEG - Drawdown Comparison

The maximum CRMG drawdown since its inception was -79.83%, which is greater than BOEG's maximum drawdown of -46.47%. Use the drawdown chart below to compare losses from any high point for CRMG and BOEG.

Drawdown Indicators

	CRMG	BOEG	Difference
Max Drawdown Largest peak-to-trough decline	-79.83%	-46.47%	-33.36%
Max Drawdown (1Y) Largest decline over 1 year	-73.15%	-46.13%	-27.02%
Current Drawdown Current decline from peak	-70.28%	-24.48%	-45.80%
Average Drawdown Average peak-to-trough decline	-42.21%	-20.86%	-21.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	43.44%	25.69%	+17.75%

Volatility

CRMG vs. BOEG - Volatility Comparison

Leverage Shares 2X Long CRM Daily ETF (CRMG) has a higher volatility of 28.54% compared to Leverage Shares 2X Long BA Daily ETF (BOEG) at 25.87%. This indicates that CRMG's price experiences larger fluctuations and is considered to be riskier than BOEG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRMG	BOEG	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.54%	25.87%	+2.67%
Volatility (6M) Calculated over the trailing 6-month period	66.62%	51.38%	+15.24%
Volatility (1Y) Calculated over the trailing 1-year period	81.50%	67.06%	+14.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	77.45%	66.04%	+11.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	77.45%	66.04%	+11.41%

CRMG vs. BOEG - Expense Ratio Comparison

Both CRMG and BOEG have an expense ratio of 0.75%.

Dividends

CRMG vs. BOEG - Dividend Comparison

Neither CRMG nor BOEG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CRMG and BOEG in my portfolio?

CRMG and BOEG have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CRMG or BOEG?

CRMG has higher volatility (28.54%) compared to BOEG (25.87%). In terms of maximum drawdown, CRMG dropped -79.83% vs BOEG's -46.47%.

Which ETF is better, CRMG or BOEG?

On 1-year performance, BOEG leads with -12.14% vs -58.49% for CRMG. Both ETFs have the same 0.75% expense ratio. On volatility, BOEG has been the lower-risk option at 25.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CRMG or BOEG?

Over the 1-year period, BOEG has performed better with a -12.14% return vs -58.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CRMG or BOEG?

CRMG and BOEG have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, CRMG or BOEG?

CRMG and BOEG have nearly identical dividend yields, around 0.00%.

Which has better risk-adjusted returns?

BOEG currently has the higher Sharpe Ratio (-0.18 vs -0.72), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.