DRNL vs. CRMG

Last updated Jun 6, 2026

DRNL (Defiance 2X Daily Long Pure Drone & Aerial Automation ETF) and CRMG (Leverage Shares 2X Long CRM Daily ETF) are both Leveraged Equities funds. DRNL is passively managed, while CRMG is actively managed. At a correlation of -0.01, they often move in opposite directions. DRNL charges 1.31%/yr vs 0.75%/yr for CRMG.

Performance

DRNL vs. CRMG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance 2X Daily Long Pure Drone & Aerial Automation ETF (DRNL) and Leverage Shares 2X Long CRM Daily ETF (CRMG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DRNL

• 1D: -26.64%
• 1M: -6.30%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CRMG

• 1D: -3.49%
• 1M: 0.69%
• YTD: -57.62%
• 6M: -56.45%
• 1Y: -62.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DRNL vs. CRMG - Yearly Performance Comparison

	2026 (YTD)
DRNL Defiance 2X Daily Long Pure Drone & Aerial Automation ETF	-41.62%
CRMG Leverage Shares 2X Long CRM Daily ETF	-18.05%

Correlation

The correlation between DRNL and CRMG 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 Mar 4, 2026	-0.01

Return for Risk

DRNL vs. CRMG — Risk / Return Rank

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

CRMG

CRMG Risk / Return Rank: 2
CRMG Sharpe Ratio Rank: 3
CRMG Sortino Ratio Rank: 2
CRMG Omega Ratio Rank: 2
CRMG Calmar Ratio Rank: 1
CRMG Martin Ratio Rank: 1

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.

DRNL vs. CRMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance 2X Daily Long Pure Drone & Aerial Automation ETF (DRNL) and Leverage Shares 2X Long CRM Daily ETF (CRMG). 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

	DRNL	CRMG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.84	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.60	-0.67	+0.07

Drawdowns

DRNL vs. CRMG - Drawdown Comparison

The maximum DRNL drawdown since its inception was -58.58%, smaller than the maximum CRMG drawdown of -74.38%. Use the drawdown chart below to compare losses from any high point for DRNL and CRMG.

Drawdown Indicators

	DRNL	CRMG	Difference
Max Drawdown Largest peak-to-trough decline	-58.58%	-74.38%	+15.80%
Max Drawdown (1Y) Largest decline over 1 year	—	-70.91%	—
Current Drawdown Current decline from peak	-50.04%	-68.99%	+18.95%
Average Drawdown Average peak-to-trough decline	-36.41%	-37.92%	+1.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	41.28%	—

Volatility

Volatility by Period

	DRNL	CRMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	33.63%	—
Volatility (6M) Calculated over the trailing 6-month period	—	63.83%	—
Volatility (1Y) Calculated over the trailing 1-year period	145.57%	75.38%	+70.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	145.57%	75.55%	+70.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	145.57%	75.55%	+70.02%

DRNL vs. CRMG - Expense Ratio Comparison

DRNL has a 1.31% expense ratio, which is higher than CRMG's 0.75% expense ratio.

Dividends

DRNL vs. CRMG - Dividend Comparison

Neither DRNL nor CRMG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DRNL and CRMG in my portfolio?

DRNL and CRMG 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, DRNL or CRMG?

On fees, CRMG 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, DRNL or CRMG?

CRMG is cheaper with a 0.75% expense ratio, compared with 1.31% for DRNL.

Which ETF pays a higher dividend yield, DRNL or CRMG?

DRNL and CRMG have nearly identical dividend yields, around 0.00%.

What is the main difference between DRNL and CRMG?

They also come from different issuers: Defiance and Leverage Shares. Their fees differ too: 1.31% for DRNL and 0.75% for CRMG.