CRWG vs. BBRE

Last updated Jul 12, 2026

CRWG (Leverage Shares 2X Long CRWV Daily ETF) and BBRE (JPMorgan BetaBuilders MSCI US REIT ETF) are both exchange-traded funds - CRWG is a Leveraged Equities fund actively managed by Leverage Shares, while BBRE is a REIT fund tracking the MSCI US REIT Index. CRWG is actively managed, while BBRE is passively managed. At a correlation of -0.09, they often move in opposite directions. CRWG charges 0.75%/yr vs 0.11%/yr for BBRE.

Performance

CRWG vs. BBRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long CRWV Daily ETF (CRWG) and JPMorgan BetaBuilders MSCI US REIT ETF (BBRE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRWG achieves a -10.07% return, which is significantly lower than BBRE's 17.84% return.

CRWG

• 1D: -1.93%
• 1M: -27.60%
• 6M: -27.47%
• YTD: -10.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBRE

• 1D: 0.09%
• 1M: 0.54%
• 6M: 16.06%
• YTD: 17.84%
• 1Y: 19.86%
• 3Y*: 11.23%
• 5Y*: 4.87%
• 10Y*: —

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

CRWG vs. BBRE - Yearly Performance Comparison

	2026 (YTD)	2025
CRWG Leverage Shares 2X Long CRWV Daily ETF	-10.07%	-81.81%
BBRE JPMorgan BetaBuilders MSCI US REIT ETF	17.84%	3.63%

Correlation

The correlation between CRWG and BBRE is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 11, 2025	-0.09

Return for Risk

CRWG vs. BBRE — Risk / Return Rank

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

CRWG

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

BBRE

BBRE Risk / Return Rank: 54
BBRE Sharpe Ratio Rank: 52
BBRE Sortino Ratio Rank: 50
BBRE Omega Ratio Rank: 48
BBRE Calmar Ratio Rank: 63
BBRE Martin Ratio Rank: 57

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.

CRWG vs. BBRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long CRWV Daily ETF (CRWG) and JPMorgan BetaBuilders MSCI US REIT ETF (BBRE). 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.

	CRWG	BBRE	Difference
Sharpe ratio: Return per unit of total volatility	—	1.43	—
Sortino ratio: Return per unit of downside risk	—	2.00	—
Omega ratio: Gain probability vs. loss probability	—	1.25	—
Calmar ratio: Return relative to maximum drawdown	—	2.50	—
Martin ratio: Return relative to average drawdown	—	7.92	—

Drawdowns

CRWG vs. BBRE - Drawdown Comparison

The maximum CRWG drawdown since its inception was -89.42%, which is greater than BBRE's maximum drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for CRWG and BBRE.

Drawdown Indicators

	CRWG	BBRE	Difference
Max Drawdown Largest peak-to-trough decline	-89.42%	-43.61%	-45.81%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.07%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.92%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-31.15%	—
Current Drawdown Current decline from peak	-86.57%	-1.40%	-85.17%
Average Drawdown Average peak-to-trough decline	-69.72%	-10.40%	-59.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.54%	—

Volatility

Volatility by Period

	CRWG	BBRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.79%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	188.63%	14.06%	+174.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	188.63%	18.83%	+169.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	188.63%	22.51%	+166.12%

CRWG vs. BBRE - Expense Ratio Comparison

CRWG has a 0.75% expense ratio, which is higher than BBRE's 0.11% expense ratio.

Dividends

CRWG vs. BBRE - Dividend Comparison

CRWG's dividend yield for the trailing twelve months is around 8.22%, more than BBRE's 2.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BBRE JPMorgan BetaBuilders MSCI US REIT ETF	2.63%	3.24%	3.19%	3.68%	2.62%	1.70%	3.17%	2.19%	1.96%
CRWG Leverage Shares 2X Long CRWV Daily ETF	8.22%	7.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CRWG and BBRE in my portfolio?

CRWG and BBRE have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CRWG or BBRE?

On fees, BBRE is cheaper at 0.11% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CRWG or BBRE?

BBRE is cheaper with a 0.11% expense ratio, compared with 0.75% for CRWG.

Which ETF pays a higher dividend yield, CRWG or BBRE?

CRWG has the higher dividend yield at 8.22%, compared with 2.63% for BBRE.

What is the main difference between CRWG and BBRE?

CRWG is categorized as Leveraged Equities, while BBRE is REIT. They also come from different issuers: Leverage Shares and JPMorgan. Their fees differ too: 0.75% for CRWG and 0.11% for BBRE.