CRWG vs. CBRG

Last updated Jul 12, 2026

CRWG (Leverage Shares 2X Long CRWV Daily ETF) and CBRG (Leverage Shares 2X Long CBRS Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. At a correlation of -0.01, they often move in opposite directions. Both charge a 0.75% expense ratio.

Performance

CRWG vs. CBRG - Performance Comparison

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

Returns By Period

CRWG

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

CBRG

• 1D: 16.78%
• 1M: -14.12%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRWG vs. CBRG - Yearly Performance Comparison

	2026 (YTD)
CRWG Leverage Shares 2X Long CRWV Daily ETF	-9.07%
CBRG Leverage Shares 2X Long CBRS Daily ETF	-53.84%

Correlation

The correlation between CRWG and CBRG is -0.01, 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 Feb 6, 2026	-0.01

Return for Risk

CRWG vs. CBRG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long CRWV Daily ETF (CRWG) and Leverage Shares 2X Long CBRS Daily ETF (CBRG). 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.

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

Drawdowns

CRWG vs. CBRG - Drawdown Comparison

The maximum CRWG drawdown since its inception was -89.42%, which is greater than CBRG's maximum drawdown of -74.80%. Use the drawdown chart below to compare losses from any high point for CRWG and CBRG.

Drawdown Indicators

	CRWG	CBRG	Difference
Max Drawdown Largest peak-to-trough decline	-89.42%	-74.80%	-14.62%
Current Drawdown Current decline from peak	-86.57%	-62.13%	-24.44%
Average Drawdown Average peak-to-trough decline	-69.72%	-17.88%	-51.84%

Volatility

Volatility by Period

	CRWG	CBRG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	188.63%	156.15%	+32.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	188.63%	156.15%	+32.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	188.63%	156.15%	+32.48%

CRWG vs. CBRG - Expense Ratio Comparison

Both CRWG and CBRG have an expense ratio of 0.75%.

Dividends

CRWG vs. CBRG - Dividend Comparison

CRWG's dividend yield for the trailing twelve months is around 8.22%, while CBRG has not paid dividends to shareholders.

Position	TTM	2025
CBRG Leverage Shares 2X Long CBRS Daily ETF	0.00%	0.00%
CRWG Leverage Shares 2X Long CRWV Daily ETF	8.22%	7.39%

Frequently Asked Questions

Can I hold both CRWG and CBRG in my portfolio?

CRWG and CBRG have a correlation of -0.01, 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 CBRG?

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, CRWG or CBRG?

CRWG and CBRG have the same expense ratio: 0.75% per year.

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

CRWG has the higher dividend yield at 8.22%, compared with 0.00% for CBRG.