DRNL vs. CRMU

Last updated Jul 17, 2026

DRNL (Defiance 2X Daily Long Pure Drone & Aerial Automation ETF) and CRMU (Leverage Shares 2X Long CRML Daily ETF) are both Leveraged Equities funds - DRNL tracks the BITA Pure Drone and Aerial Automation Index while CRMU tracks the Critical Metals Corp. (CRML). Both are passively managed. A 0.58 correlation means they provide meaningful diversification when combined. DRNL charges 1.31%/yr vs 0.75%/yr for CRMU.

Performance

DRNL vs. CRMU - 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 CRML Daily ETF (CRMU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DRNL

• 1D: -10.22%
• 1M: -46.95%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CRMU

• 1D: -20.34%
• 1M: -54.63%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DRNL vs. CRMU - Yearly Performance Comparison

	2026 (YTD)
DRNL Defiance 2X Daily Long Pure Drone & Aerial Automation ETF	-75.76%
CRMU Leverage Shares 2X Long CRML Daily ETF	-78.49%

Correlation

The correlation between DRNL and CRMU is 0.58, 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 Mar 3, 2026	0.58

Return for Risk

DRNL vs. CRMU - 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 CRML Daily ETF (CRMU). 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

DRNL vs. CRMU - Drawdown Comparison

The maximum DRNL drawdown since its inception was -77.39%, smaller than the maximum CRMU drawdown of -83.97%. Use the drawdown chart below to compare losses from any high point for DRNL and CRMU.

Drawdown Indicators

	DRNL	CRMU	Difference
Max Drawdown Largest peak-to-trough decline	-77.39%	-83.97%	+6.58%
Current Drawdown Current decline from peak	-77.39%	-83.97%	+6.58%
Average Drawdown Average peak-to-trough decline	-44.57%	-50.24%	+5.67%

Volatility

Volatility by Period

	DRNL	CRMU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	138.22%	235.27%	-97.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	138.22%	235.27%	-97.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	138.22%	235.27%	-97.05%

DRNL vs. CRMU - Expense Ratio Comparison

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

Dividends

DRNL vs. CRMU - Dividend Comparison

Neither DRNL nor CRMU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DRNL and CRMU in my portfolio?

DRNL and CRMU have a correlation of 0.58, 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 CRMU?

On fees, CRMU 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 CRMU?

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

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

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

What is the main difference between DRNL and CRMU?

DRNL tracks BITA Pure Drone and Aerial Automation Index, while CRMU tracks Critical Metals Corp. (CRML). They also come from different issuers: Defiance and Leverage Shares. Their fees differ too: 1.31% for DRNL and 0.75% for CRMU.