DUOG vs. CRMU

Last updated Jun 24, 2026

DUOG (Leverage Shares 2X Long DUOL Daily ETF) and CRMU (Leverage Shares 2X Long CRML Daily ETF) are both Leveraged Equities funds from Leverage Shares. DUOG is actively managed, while CRMU is passively managed. At a 0.05 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

DUOG vs. CRMU - Performance Comparison

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

Returns By Period

DUOG

• 1D: 8.30%
• 1M: 49.95%
• YTD: -55.34%
• 6M: -57.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CRMU

• 1D: -13.83%
• 1M: -28.54%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DUOG vs. CRMU - Yearly Performance Comparison

	2026 (YTD)
DUOG Leverage Shares 2X Long DUOL Daily ETF	3.18%
CRMU Leverage Shares 2X Long CRML Daily ETF	-64.46%

Correlation

The correlation between DUOG and CRMU is 0.05, 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 10, 2026	0.05

Return for Risk

DUOG vs. CRMU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long DUOL Daily ETF (DUOG) 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

DUOG vs. CRMU - Drawdown Comparison

The maximum DUOG drawdown since its inception was -83.13%, which is greater than CRMU's maximum drawdown of -73.81%. Use the drawdown chart below to compare losses from any high point for DUOG and CRMU.

Drawdown Indicators

	DUOG	CRMU	Difference
Max Drawdown Largest peak-to-trough decline	-83.13%	-73.81%	-9.32%
Current Drawdown Current decline from peak	-66.55%	-64.46%	-2.09%
Average Drawdown Average peak-to-trough decline	-64.00%	-46.63%	-17.37%

Volatility

Volatility by Period

	DUOG	CRMU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	114.22%	246.03%	-131.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	114.22%	246.03%	-131.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	114.22%	246.03%	-131.81%

DUOG vs. CRMU - Expense Ratio Comparison

Both DUOG and CRMU have an expense ratio of 0.75%.

Dividends

DUOG vs. CRMU - Dividend Comparison

Neither DUOG nor CRMU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DUOG and CRMU in my portfolio?

DUOG and CRMU have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DUOG or CRMU?

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, DUOG or CRMU?

DUOG and CRMU have the same expense ratio: 0.75% per year.

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

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