CRMX vs. BMNG

Last updated Jun 6, 2026

CRMX (Tradr 2X Long CRML Daily ETF) and BMNG (Leverage Shares 2X Long BMNR Daily ETF) are both Leveraged Equities funds. CRMX is passively managed, while BMNG is actively managed. A 0.53 correlation means they provide meaningful diversification when combined. CRMX charges 1.49%/yr vs 0.75%/yr for BMNG.

Performance

CRMX vs. BMNG - Performance Comparison

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

Returns By Period

CRMX

• 1D: -22.81%
• 1M: -54.32%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BMNG

• 1D: -22.44%
• 1M: -55.66%
• YTD: -78.43%
• 6M: -87.34%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRMX vs. BMNG - Yearly Performance Comparison

	2026 (YTD)
CRMX Tradr 2X Long CRML Daily ETF	-79.02%
BMNG Leverage Shares 2X Long BMNR Daily ETF	-82.94%

Correlation

The correlation between CRMX and BMNG is 0.53, 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 Jan 14, 2026	0.53

Return for Risk

CRMX vs. BMNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long CRML Daily ETF (CRMX) and Leverage Shares 2X Long BMNR Daily ETF (BMNG). 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.

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

Sharpe Ratios by Period

	CRMX	BMNG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.34	-0.52	+0.18

Drawdowns

CRMX vs. BMNG - Drawdown Comparison

The maximum CRMX drawdown since its inception was -92.84%, roughly equal to the maximum BMNG drawdown of -95.98%. Use the drawdown chart below to compare losses from any high point for CRMX and BMNG.

Drawdown Indicators

	CRMX	BMNG	Difference
Max Drawdown Largest peak-to-trough decline	-92.84%	-95.98%	+3.14%
Current Drawdown Current decline from peak	-89.54%	-95.98%	+6.44%
Average Drawdown Average peak-to-trough decline	-75.93%	-81.57%	+5.64%

Volatility

Volatility by Period

	CRMX	BMNG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	293.38%	193.00%	+100.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	293.38%	193.00%	+100.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	293.38%	193.00%	+100.38%

CRMX vs. BMNG - Expense Ratio Comparison

CRMX has a 1.49% expense ratio, which is higher than BMNG's 0.75% expense ratio.

Dividends

CRMX vs. BMNG - Dividend Comparison

Neither CRMX nor BMNG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CRMX and BMNG in my portfolio?

CRMX and BMNG have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CRMX or BMNG?

On fees, BMNG 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, CRMX or BMNG?

BMNG is cheaper with a 0.75% expense ratio, compared with 1.49% for CRMX.

Which ETF pays a higher dividend yield, CRMX or BMNG?

CRMX and BMNG have nearly identical dividend yields, around 0.00%.

What is the main difference between CRMX and BMNG?

They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.49% for CRMX and 0.75% for BMNG.