CRMU vs. GGLL

Last updated Aug 1, 2026

CRMU (Leverage Shares 2X Long CRML Daily ETF) and GGLL (Direxion Daily GOOGL Bull 2X Shares) are both Leveraged Equities funds - CRMU tracks the Critical Metals Corp. (CRML) while GGLL tracks the Alphabet Inc. Class A (200%). Both are passively managed. Their 0.31 correlation means their historical movements had little consistent relationship. CRMU charges 0.75%/yr vs 0.96%/yr for GGLL.

Performance

CRMU vs. GGLL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long CRML Daily ETF (CRMU) and Direxion Daily GOOGL Bull 2X Shares (GGLL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CRMU

• 1D: -3.13%
• 1M: -69.93%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

GGLL

• 1D: 13.48%
• 1M: -4.20%
• 6M: -0.63%
• YTD: 15.09%
• 1Y: 193.37%
• 3Y*: 59.15%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 49.76%

*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)
CRMU Leverage Shares 2X Long CRML Daily ETF	$344.04K	$316.58K	$869.62K
GGLL Direxion Daily GOOGL Bull 2X Shares	$205.93M	$163.03M	$182.59M

CRMU vs. GGLL - Yearly Performance Comparison

	2026 (YTD)
CRMU Leverage Shares 2X Long CRML Daily ETF	-89.89%
GGLL Direxion Daily GOOGL Bull 2X Shares	8.89%

Correlation

The correlation between CRMU and GGLL is 0.31, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 10, 2026	0.31

Return for Risk

CRMU vs. GGLL — Risk / Return Rank

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

CRMU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

GGLL

GGLL Risk / Return Rank: 91
GGLL Sharpe Ratio Rank: 96
GGLL Sortino Ratio Rank: 92
GGLL Omega Ratio Rank: 90
GGLL Calmar Ratio Rank: 94
GGLL Martin Ratio Rank: 86

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.

CRMU vs. GGLL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long CRML Daily ETF (CRMU) and Direxion Daily GOOGL Bull 2X Shares (GGLL). 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.

	CRMU	GGLL	Difference
Sharpe ratio: Return per unit of total volatility	—	2.89	—
Sortino ratio: Return per unit of downside risk	—	3.38	—
Omega ratio: Gain probability vs. loss probability	—	1.41	—
Calmar ratio: Return relative to maximum drawdown	—	4.59	—
Martin ratio: Return relative to average drawdown	—	12.34	—

Drawdowns

CRMU vs. GGLL - Drawdown Comparison

The maximum CRMU drawdown since its inception was -91.02%, which is greater than GGLL's maximum drawdown of -52.81%. Use the drawdown chart below to compare losses from any high point for CRMU and GGLL.

Drawdown Indicators

	CRMU	GGLL	Difference
Max Drawdown Largest peak-to-trough decline	-91.02%	-52.81%	-38.21%
Max Drawdown (1Y) Largest decline over 1 year	—	-40.32%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-52.81%	—
Current Drawdown Current decline from peak	-89.89%	-25.64%	-64.25%
Average Drawdown Average peak-to-trough decline	-53.70%	-15.55%	-38.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	14.99%	—

Volatility

Volatility by Period

	CRMU	GGLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	26.42%	—
Volatility (6M) Calculated over the trailing 6-month period	—	49.50%	—
Volatility (1Y) Calculated over the trailing 1-year period	229.81%	64.39%	+165.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	229.81%	57.22%	+172.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	229.81%	57.22%	+172.59%

CRMU vs. GGLL - Expense Ratio Comparison

CRMU has a 0.75% expense ratio, which is lower than GGLL's 0.96% expense ratio.

Dividends

CRMU vs. GGLL - Dividend Comparison

CRMU has not paid dividends to shareholders, while GGLL's dividend yield for the trailing twelve months is around 4.28%.

Position	TTM	2025	2024	2023	2022
CRMU Leverage Shares 2X Long CRML Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%
GGLL Direxion Daily GOOGL Bull 2X Shares	4.28%	4.16%	3.29%	2.05%	0.59%

Frequently Asked Questions

Can I hold both CRMU and GGLL in my portfolio?

CRMU and GGLL have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CRMU or GGLL?

On fees, CRMU is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CRMU or GGLL?

CRMU is cheaper with a 0.75% expense ratio, compared with 0.96% for GGLL.

Which ETF pays a higher dividend yield, CRMU or GGLL?

GGLL has the higher dividend yield at 4.28%, compared with 0.00% for CRMU.

What is the main difference between CRMU and GGLL?

CRMU tracks Critical Metals Corp. (CRML), while GGLL tracks Alphabet Inc. Class A (200%). They also come from different issuers: Leverage Shares and Direxion. Their fees differ too: 0.75% for CRMU and 0.96% for GGLL.