CRMG vs. USNG

Last updated Aug 2, 2026

CRMG (Leverage Shares 2X Long CRM Daily ETF) and USNG (Amplify Samsung U.S. Natural Gas Infrastructure ETF) are both exchange-traded funds - CRMG is a Leveraged Equities fund actively managed by Leverage Shares, while USNG is a Infrastructure Equities fund actively managed by Amplify. Both are actively managed. Over the past year, CRMG returned -59.31% vs 32.07% for USNG. Their -0.14 correlation means they have often moved in opposite directions in the past. CRMG charges 0.75%/yr vs 0.59%/yr for USNG.

Performance

CRMG vs. USNG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long CRM Daily ETF (CRMG) and Amplify Samsung U.S. Natural Gas Infrastructure ETF (USNG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRMG achieves a -60.18% return, which is significantly lower than USNG's 25.43% return.

CRMG

• 1D: 3.80%
• 1M: 19.47%
• 6M: -36.29%
• YTD: -60.18%
• 1Y: -59.31%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -50.26%

USNG

• 1D: 0.41%
• 1M: -3.22%
• 6M: 12.87%
• YTD: 25.43%
• 1Y: 32.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 31.38%

*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)
CRMG Leverage Shares 2X Long CRM Daily ETF	$29.47M	$25.73M	$19.66M
USNG Amplify Samsung U.S. Natural Gas Infrastructure ETF	$437.77K	$274.58K	$158.86K

CRMG vs. USNG - Yearly Performance Comparison

	2026 (YTD)	2025
CRMG Leverage Shares 2X Long CRM Daily ETF	-60.18%	-25.25%
USNG Amplify Samsung U.S. Natural Gas Infrastructure ETF	25.43%	10.51%

Correlation

The correlation between CRMG and USNG is -0.21, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.21
Correlation (All Time) Calculated using the full available price history since May 20, 2025	-0.14

Return for Risk

CRMG vs. USNG — Risk / Return Rank

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

CRMG

CRMG Risk / Return Rank: 2
CRMG Sharpe Ratio Rank: 3
CRMG Sortino Ratio Rank: 3
CRMG Omega Ratio Rank: 3
CRMG Calmar Ratio Rank: 2
CRMG Martin Ratio Rank: 1

USNG

USNG Risk / Return Rank: 76
USNG Sharpe Ratio Rank: 78
USNG Sortino Ratio Rank: 77
USNG Omega Ratio Rank: 72
USNG Calmar Ratio Rank: 74
USNG Martin Ratio Rank: 81

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. USNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long CRM Daily ETF (CRMG) and Amplify Samsung U.S. Natural Gas Infrastructure ETF (USNG). 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	USNG	Difference
Sharpe ratio: Return per unit of total volatility	-0.76	1.79	-2.55
Sortino ratio: Return per unit of downside risk	-1.06	2.51	-3.57
Omega ratio: Gain probability vs. loss probability	0.88	1.30	-0.42
Calmar ratio: Return relative to maximum drawdown	-0.85	2.62	-3.47
Martin ratio: Return relative to average drawdown	-1.43	10.67	-12.09

CRMG vs. USNG - Sharpe Ratio Comparison

The current CRMG Sharpe Ratio is -0.76, which is lower than the USNG Sharpe Ratio of 1.79. The chart below compares the historical Sharpe Ratios of CRMG and USNG, 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. USNG - Drawdown Comparison

The maximum CRMG drawdown since its inception was -79.83%, which is greater than USNG's maximum drawdown of -11.93%. Use the drawdown chart below to compare losses from any high point for CRMG and USNG.

Drawdown Indicators

	CRMG	USNG	Difference
Max Drawdown Largest peak-to-trough decline	-79.83%	-11.93%	-67.90%
Max Drawdown (1Y) Largest decline over 1 year	-73.15%	-11.93%	-61.22%
Current Drawdown Current decline from peak	-70.86%	-8.47%	-62.39%
Average Drawdown Average peak-to-trough decline	-42.13%	-1.85%	-40.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	43.96%	2.93%	+41.03%

Volatility

CRMG vs. USNG - Volatility Comparison

Leverage Shares 2X Long CRM Daily ETF (CRMG) has a higher volatility of 28.63% compared to Amplify Samsung U.S. Natural Gas Infrastructure ETF (USNG) at 6.49%. This indicates that CRMG's price experiences larger fluctuations and is considered to be riskier than USNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRMG	USNG	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.63%	6.49%	+22.14%
Volatility (6M) Calculated over the trailing 6-month period	66.59%	13.82%	+52.77%
Volatility (1Y) Calculated over the trailing 1-year period	81.64%	17.46%	+64.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	77.54%	17.29%	+60.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	77.54%	17.29%	+60.25%

CRMG vs. USNG - Expense Ratio Comparison

CRMG has a 0.75% expense ratio, which is higher than USNG's 0.59% expense ratio.

Dividends

CRMG vs. USNG - Dividend Comparison

CRMG has not paid dividends to shareholders, while USNG's dividend yield for the trailing twelve months is around 1.54%.

Position	TTM	2025
CRMG Leverage Shares 2X Long CRM Daily ETF	0.00%	0.00%
USNG Amplify Samsung U.S. Natural Gas Infrastructure ETF	1.54%	1.10%

Frequently Asked Questions

Can I hold both CRMG and USNG in my portfolio?

CRMG and USNG have a correlation of -0.21, 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 USNG?

CRMG has higher volatility (28.63%) compared to USNG (6.49%). In terms of maximum drawdown, CRMG dropped -79.83% vs USNG's -11.93%.

Which ETF is better, CRMG or USNG?

On 1-year performance, USNG leads with 32.07% vs -59.31% for CRMG. On fees, USNG is cheaper at 0.59% per year. On volatility, USNG has been the lower-risk option at 6.49%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CRMG or USNG?

Over the 1-year period, USNG has performed better with a 32.07% return vs -59.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CRMG or USNG?

USNG is cheaper with a 0.59% expense ratio, compared with 0.75% for CRMG.

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

USNG has the higher dividend yield at 1.54%, compared with 0.00% for CRMG.

What is the main difference between CRMG and USNG?

CRMG is categorized as Leveraged Equities, while USNG is Infrastructure Equities. They also come from different issuers: Leverage Shares and Amplify. Their fees differ too: 0.75% for CRMG and 0.59% for USNG.

Which has better risk-adjusted returns?

USNG currently has the higher Sharpe Ratio (1.79 vs -0.76), 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.