CRMG vs. VOLT

Last updated Jun 23, 2026

CRMG (Leverage Shares 2X Long CRM Daily ETF) and VOLT (Tema Electrification ETF) are both exchange-traded funds - CRMG is a Leveraged Equities fund actively managed by Leverage Shares, while VOLT is a Global Equities fund actively managed by Tema. Both are actively managed. Over the past year, CRMG returned -74.56% vs 72.68% for VOLT. At a correlation of -0.03, they often move in opposite directions. Both charge a 0.75% expense ratio.

Performance

CRMG vs. VOLT - Performance Comparison

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

Returns By Period

In the year-to-date period, CRMG achieves a -72.43% return, which is significantly lower than VOLT's 45.38% return.

CRMG

• 1D: -2.33%
• 1M: -32.50%
• YTD: -72.43%
• 6M: -72.45%
• 1Y: -74.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VOLT

• 1D: 2.21%
• 1M: 6.21%
• YTD: 45.38%
• 6M: 43.81%
• 1Y: 72.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRMG vs. VOLT - Yearly Performance Comparison

	2026 (YTD)	2025
CRMG Leverage Shares 2X Long CRM Daily ETF	-72.43%	-0.29%
VOLT Tema Electrification ETF	45.38%	39.08%

Correlation

The correlation between CRMG and VOLT is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.16
Correlation (All Time) Calculated using the full available price history since Apr 4, 2025	-0.03

The correlation between CRMG and VOLT shifts across timeframes, from -0.16 (1 year) to -0.03 (all time), reflecting how their relationship changes across market environments.

Return for Risk

CRMG vs. VOLT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CRMG

CRMG Risk / Return Rank: 1
CRMG Sharpe Ratio Rank: 1
CRMG Sortino Ratio Rank: 1
CRMG Omega Ratio Rank: 1
CRMG Calmar Ratio Rank: 1
CRMG Martin Ratio Rank: 0

VOLT

VOLT Risk / Return Rank: 93
VOLT Sharpe Ratio Rank: 94
VOLT Sortino Ratio Rank: 91
VOLT Omega Ratio Rank: 90
VOLT Calmar Ratio Rank: 95
VOLT Martin Ratio Rank: 92

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CRMG vs. VOLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long CRM Daily ETF (CRMG) and Tema Electrification ETF (VOLT). 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	VOLT	Difference
Sharpe ratio: Return per unit of total volatility	-0.98	3.41	-4.39
Sortino ratio: Return per unit of downside risk	-1.86	4.17	-6.03
Omega ratio: Gain probability vs. loss probability	0.79	1.55	-0.77
Calmar ratio: Return relative to maximum drawdown	-0.97	7.62	-8.59
Martin ratio: Return relative to average drawdown	-1.73	21.38	-23.11

CRMG vs. VOLT - Sharpe Ratio Comparison

The current CRMG Sharpe Ratio is -0.98, which is lower than the VOLT Sharpe Ratio of 3.41. The chart below compares the historical Sharpe Ratios of CRMG and VOLT, 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. VOLT - Drawdown Comparison

The maximum CRMG drawdown since its inception was -79.83%, which is greater than VOLT's maximum drawdown of -23.40%. Use the drawdown chart below to compare losses from any high point for CRMG and VOLT.

Drawdown Indicators

	CRMG	VOLT	Difference
Max Drawdown Largest peak-to-trough decline	-79.83%	-23.40%	-56.43%
Max Drawdown (1Y) Largest decline over 1 year	-76.80%	-9.59%	-67.21%
Current Drawdown Current decline from peak	-79.83%	0.00%	-79.83%
Average Drawdown Average peak-to-trough decline	-39.05%	-5.15%	-33.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	43.14%	3.41%	+39.73%

Volatility

CRMG vs. VOLT - Volatility Comparison

Leverage Shares 2X Long CRM Daily ETF (CRMG) has a higher volatility of 32.09% compared to Tema Electrification ETF (VOLT) at 8.56%. This indicates that CRMG's price experiences larger fluctuations and is considered to be riskier than VOLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRMG	VOLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	32.09%	8.56%	+23.53%
Volatility (6M) Calculated over the trailing 6-month period	63.54%	17.92%	+45.62%
Volatility (1Y) Calculated over the trailing 1-year period	76.13%	21.48%	+54.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.40%	24.41%	+50.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.40%	24.41%	+50.99%

CRMG vs. VOLT - Expense Ratio Comparison

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

Dividends

CRMG vs. VOLT - Dividend Comparison

CRMG has not paid dividends to shareholders, while VOLT's dividend yield for the trailing twelve months is around 0.31%.

Position	TTM	2025	2024
CRMG Leverage Shares 2X Long CRM Daily ETF	0.00%	0.00%	0.00%
VOLT Tema Electrification ETF	0.31%	0.46%	0.01%

Frequently Asked Questions

Can I hold both CRMG and VOLT in my portfolio?

CRMG and VOLT have a correlation of -0.16, 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 VOLT?

CRMG has higher volatility (32.09%) compared to VOLT (8.56%). In terms of maximum drawdown, CRMG dropped -79.83% vs VOLT's -23.40%.

Which ETF is better, CRMG or VOLT?

On 1-year performance, VOLT leads with 72.68% vs -74.56% for CRMG. Both ETFs have the same 0.75% expense ratio. On volatility, VOLT has been the lower-risk option at 8.56%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CRMG or VOLT?

Over the 1-year period, VOLT has performed better with a 72.68% return vs -74.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CRMG or VOLT?

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

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

VOLT has the higher dividend yield at 0.31%, compared with 0.00% for CRMG.

What is the main difference between CRMG and VOLT?

CRMG is categorized as Leveraged Equities, while VOLT is Global Equities. They also come from different issuers: Leverage Shares and Tema.

Which has better risk-adjusted returns?

VOLT currently has the higher Sharpe Ratio (3.41 vs -0.98), 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.