DNNG vs. CRWG

Last updated Jun 25, 2026

DNNG (Leverage Shares 2X Long DNN Daily ETF) and CRWG (Leverage Shares 2X Long CRWV Daily ETF) are both Leveraged Equities funds from Leverage Shares. DNNG is passively managed, while CRWG is actively managed. At a 0.43 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

DNNG vs. CRWG - Performance Comparison

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

Returns By Period

DNNG

• 1D: -6.12%
• 1M: -9.26%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CRWG

• 1D: -9.28%
• 1M: -14.93%
• YTD: 21.96%
• 6M: -0.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DNNG vs. CRWG - Yearly Performance Comparison

	2026 (YTD)
DNNG Leverage Shares 2X Long DNN Daily ETF	-48.80%
CRWG Leverage Shares 2X Long CRWV Daily ETF	-24.02%

Correlation

The correlation between DNNG and CRWG is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 10, 2026	0.43

Return for Risk

DNNG vs. CRWG - Risk-Adjusted Trends Comparison

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

DNNG vs. CRWG - Drawdown Comparison

The maximum DNNG drawdown since its inception was -65.39%, smaller than the maximum CRWG drawdown of -89.42%. Use the drawdown chart below to compare losses from any high point for DNNG and CRWG.

Drawdown Indicators

	DNNG	CRWG	Difference
Max Drawdown Largest peak-to-trough decline	-65.39%	-89.42%	+24.03%
Current Drawdown Current decline from peak	-57.29%	-81.78%	+24.49%
Average Drawdown Average peak-to-trough decline	-34.10%	-68.92%	+34.82%

Volatility

Volatility by Period

	DNNG	CRWG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	118.09%	189.18%	-71.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	118.09%	189.18%	-71.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	118.09%	189.18%	-71.09%

DNNG vs. CRWG - Expense Ratio Comparison

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

Dividends

DNNG vs. CRWG - Dividend Comparison

DNNG has not paid dividends to shareholders, while CRWG's dividend yield for the trailing twelve months is around 6.06%.

Position	TTM	2025
CRWG Leverage Shares 2X Long CRWV Daily ETF	6.06%	7.39%
DNNG Leverage Shares 2X Long DNN Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both DNNG and CRWG in my portfolio?

DNNG and CRWG have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DNNG or CRWG?

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, DNNG or CRWG?

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

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

CRWG has the higher dividend yield at 6.06%, compared with 0.00% for DNNG.