USGG vs. CRMU

Last updated Jun 4, 2026

USGG (Leverage Shares 2X Long USAR Daily ETF) and CRMU (Leverage Shares 2X Long CRML Daily ETF) are both Leveraged Equities funds from Leverage Shares - USGG tracks the USA Rare Earth, Inc. (USAR) while CRMU tracks the Critical Metals Corp. (CRML). Both are passively managed. A 0.70 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.

Performance

USGG vs. CRMU - Performance Comparison

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

Returns By Period

USGG

• 1D: -17.96%
• 1M: 7.54%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CRMU

• 1D: -15.96%
• 1M: -31.67%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

USGG vs. CRMU - Yearly Performance Comparison

	2026 (YTD)
USGG Leverage Shares 2X Long USAR Daily ETF	10.51%
CRMU Leverage Shares 2X Long CRML Daily ETF	-40.31%

Correlation

The correlation between USGG and CRMU is 0.70, 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 Feb 11, 2026	0.70

Return for Risk

USGG vs. CRMU - Risk-Adjusted Trends Comparison

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

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	USGG	CRMU	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.17	-0.32	+1.49

Drawdowns

USGG vs. CRMU - Drawdown Comparison

The maximum USGG drawdown since its inception was -77.74%, which is greater than CRMU's maximum drawdown of -68.12%. Use the drawdown chart below to compare losses from any high point for USGG and CRMU.

Drawdown Indicators

	USGG	CRMU	Difference
Max Drawdown Largest peak-to-trough decline	-77.74%	-68.12%	-9.62%
Current Drawdown Current decline from peak	-32.40%	-48.77%	+16.37%
Average Drawdown Average peak-to-trough decline	-46.06%	-36.07%	-9.99%

Volatility

Volatility by Period

	USGG	CRMU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	225.33%	254.94%	-29.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	225.33%	254.94%	-29.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	225.33%	254.94%	-29.61%

USGG vs. CRMU - Expense Ratio Comparison

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

Dividends

USGG vs. CRMU - Dividend Comparison

Neither USGG nor CRMU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both USGG and CRMU in my portfolio?

USGG and CRMU have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, USGG 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, USGG or CRMU?

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

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

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

What is the main difference between USGG and CRMU?

USGG tracks USA Rare Earth, Inc. (USAR), while CRMU tracks Critical Metals Corp. (CRML).