TERG vs. CMGG

Last updated Apr 2, 2026

Compare and contrast key facts about Leverage Shares 2X Long TER Daily ETF (TERG) and Leverage Shares 2X Long CMG Daily ETF (CMGG).

TERG and CMGG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TERG is an actively managed fund by Leverage Shares. It was launched on Nov 17, 2025. CMGG is an actively managed fund by Leverage Shares. It was launched on Nov 17, 2025.

Performance

TERG vs. CMGG - Performance Comparison

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

TERG vs. CMGG - Yearly Performance Comparison

	2026 (YTD)	2025
TERG Leverage Shares 2X Long TER Daily ETF	124.98%	28.17%
CMGG Leverage Shares 2X Long CMG Daily ETF	-27.16%	43.86%

Returns By Period

In the year-to-date period, TERG achieves a 124.98% return, which is significantly higher than CMGG's -27.16% return.

TERG

• 1D: 10.94%
• 1M: -13.61%
• YTD: 124.98%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CMGG

• 1D: 3.93%
• 1M: -22.70%
• YTD: -27.16%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TERG vs. CMGG - Expense Ratio Comparison

Both TERG and CMGG have an expense ratio of 0.75%.

TERG

Leverage Shares 2X Long TER Daily ETF

CMGG

Leverage Shares 2X Long CMG Daily ETF

Return for Risk

TERG vs. CMGG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long TER Daily ETF (TERG) and Leverage Shares 2X Long CMG Daily ETF (CMGG). 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

	TERG	CMGG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	13.84	0.20	+13.64

Correlation

The correlation between TERG and CMGG is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

TERG vs. CMGG - Dividend Comparison

Neither TERG nor CMGG has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

TERG vs. CMGG - Drawdown Comparison

The maximum TERG drawdown since its inception was -39.32%, smaller than the maximum CMGG drawdown of -45.77%. Use the drawdown chart below to compare losses from any high point for TERG and CMGG.

Drawdown Indicators

	TERG	CMGG	Difference
Max Drawdown Largest peak-to-trough decline	-39.32%	-45.77%	+6.45%
Current Drawdown Current decline from peak	-22.98%	-39.60%	+16.62%
Average Drawdown Average peak-to-trough decline	-9.92%	-13.00%	+3.08%

Volatility

Volatility by Period

	TERG	CMGG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	124.92%	68.82%	+56.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	124.92%	68.82%	+56.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	124.92%	68.82%	+56.10%