CRMU vs. NVDG

Last updated Jul 12, 2026

CRMU (Leverage Shares 2X Long CRML Daily ETF) and NVDG (Leverage Shares 2X Long NVDA Daily ETF) are both Leveraged Equities funds from Leverage Shares. CRMU is passively managed, while NVDG is actively managed. A 0.51 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.

Performance

CRMU vs. NVDG - Performance Comparison

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

Returns By Period

CRMU

• 1D: -12.68%
• 1M: -38.92%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVDG

• 1D: 7.84%
• 1M: 4.03%
• 6M: 14.39%
• YTD: 11.81%
• 1Y: 28.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRMU vs. NVDG - Yearly Performance Comparison

	2026 (YTD)
CRMU Leverage Shares 2X Long CRML Daily ETF	-76.87%
NVDG Leverage Shares 2X Long NVDA Daily ETF	11.08%

Correlation

The correlation between CRMU and NVDG is 0.51, 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 Feb 10, 2026	0.51

Return for Risk

CRMU vs. NVDG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments 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.

NVDG

NVDG Risk / Return Rank: 20
NVDG Sharpe Ratio Rank: 17
NVDG Sortino Ratio Rank: 23
NVDG Omega Ratio Rank: 21
NVDG Calmar Ratio Rank: 20
NVDG Martin Ratio Rank: 18

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.

CRMU vs. NVDG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long CRML Daily ETF (CRMU) and Leverage Shares 2X Long NVDA Daily ETF (NVDG). 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	NVDG	Difference
Sharpe ratio: Return per unit of total volatility	—	0.42	—
Sortino ratio: Return per unit of downside risk	—	1.06	—
Omega ratio: Gain probability vs. loss probability	—	1.12	—
Calmar ratio: Return relative to maximum drawdown	—	0.70	—
Martin ratio: Return relative to average drawdown	—	1.43	—

Drawdowns

CRMU vs. NVDG - Drawdown Comparison

The maximum CRMU drawdown since its inception was -76.87%, which is greater than NVDG's maximum drawdown of -66.19%. Use the drawdown chart below to compare losses from any high point for CRMU and NVDG.

Drawdown Indicators

	CRMU	NVDG	Difference
Max Drawdown Largest peak-to-trough decline	-76.87%	-66.19%	-10.68%
Max Drawdown (1Y) Largest decline over 1 year	—	-42.72%	—
Current Drawdown Current decline from peak	-76.87%	-23.23%	-53.64%
Average Drawdown Average peak-to-trough decline	-49.08%	-23.31%	-25.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	20.77%	—

Volatility

Volatility by Period

	CRMU	NVDG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	21.42%	—
Volatility (6M) Calculated over the trailing 6-month period	—	53.55%	—
Volatility (1Y) Calculated over the trailing 1-year period	235.19%	70.25%	+164.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	235.19%	89.90%	+145.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	235.19%	89.90%	+145.29%

CRMU vs. NVDG - Expense Ratio Comparison

Both CRMU and NVDG have an expense ratio of 0.75%.

Dividends

CRMU vs. NVDG - Dividend Comparison

CRMU has not paid dividends to shareholders, while NVDG's dividend yield for the trailing twelve months is around 10.56%.

Position	TTM	2025
CRMU Leverage Shares 2X Long CRML Daily ETF	0.00%	0.00%
NVDG Leverage Shares 2X Long NVDA Daily ETF	10.56%	11.81%

Frequently Asked Questions

Can I hold both CRMU and NVDG in my portfolio?

CRMU and NVDG have a correlation of 0.51, 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 NVDG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CRMU or NVDG?

CRMU and NVDG have the same expense ratio: 0.75% per year.

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

NVDG has the higher dividend yield at 10.56%, compared with 0.00% for CRMU.