WEBL vs. CRMG

Last updated Jul 17, 2026

WEBL (Daily Dow Jones Internet Bull 3X Shares) and CRMG (Leverage Shares 2X Long CRM Daily ETF) are both Leveraged Equities funds. WEBL is passively managed, while CRMG is actively managed. Over the past year, WEBL returned -12.09% vs -65.86% for CRMG. A 0.52 correlation means they provide meaningful diversification when combined. WEBL charges 1.17%/yr vs 0.75%/yr for CRMG.

Performance

WEBL vs. CRMG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Daily Dow Jones Internet Bull 3X Shares (WEBL) and Leverage Shares 2X Long CRM Daily ETF (CRMG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WEBL achieves a -8.07% return, which is significantly higher than CRMG's -64.33% return.

WEBL

• 1D: -4.34%
• 1M: 0.84%
• 6M: -1.86%
• YTD: -8.07%
• 1Y: -12.09%
• 3Y*: 23.65%
• 5Y*: -20.75%
• 10Y*: —

CRMG

• 1D: 6.77%
• 1M: 10.88%
• 6M: -53.43%
• YTD: -64.33%
• 1Y: -65.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WEBL vs. CRMG - Yearly Performance Comparison

	2026 (YTD)	2025
WEBL Daily Dow Jones Internet Bull 3X Shares	-8.07%	69.07%
CRMG Leverage Shares 2X Long CRM Daily ETF	-64.33%	-0.29%

Correlation

The correlation between WEBL and CRMG is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (All Time) Calculated using the full available price history since Apr 4, 2025	0.52

The correlation between WEBL and CRMG has been stable across timeframes, ranging from 0.46 to 0.52 - a consistent structural relationship.

Return for Risk

WEBL vs. CRMG — Risk / Return Rank

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

WEBL

WEBL Risk / Return Rank: 8
WEBL Sharpe Ratio Rank: 8
WEBL Sortino Ratio Rank: 9
WEBL Omega Ratio Rank: 9
WEBL Calmar Ratio Rank: 7
WEBL Martin Ratio Rank: 7

CRMG

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

WEBL vs. CRMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Daily Dow Jones Internet Bull 3X Shares (WEBL) 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.

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.

	WEBL	CRMG	Difference
Sharpe ratio: Return per unit of total volatility	-0.20	-0.85	+0.64
Sortino ratio: Return per unit of downside risk	0.11	-1.33	+1.44
Omega ratio: Gain probability vs. loss probability	1.01	0.85	+0.17
Calmar ratio: Return relative to maximum drawdown	-0.21	-0.87	+0.66
Martin ratio: Return relative to average drawdown	-0.43	-1.45	+1.02

WEBL vs. CRMG - Sharpe Ratio Comparison

The current WEBL Sharpe Ratio is -0.20, which is higher than the CRMG Sharpe Ratio of -0.85. The chart below compares the historical Sharpe Ratios of WEBL and CRMG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WEBL vs. CRMG - Drawdown Comparison

The maximum WEBL drawdown since its inception was -94.44%, which is greater than CRMG's maximum drawdown of -79.83%. Use the drawdown chart below to compare losses from any high point for WEBL and CRMG.

Drawdown Indicators

	WEBL	CRMG	Difference
Max Drawdown Largest peak-to-trough decline	-94.44%	-79.83%	-14.61%
Max Drawdown (1Y) Largest decline over 1 year	-56.57%	-75.82%	+19.25%
Max Drawdown (3Y) Largest decline over 3 years	-60.82%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-94.44%	—	—
Current Drawdown Current decline from peak	-72.94%	-73.90%	+0.96%
Average Drawdown Average peak-to-trough decline	-59.10%	-41.04%	-18.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.07%	45.39%	-17.32%

Volatility

WEBL vs. CRMG - Volatility Comparison

The current volatility for Daily Dow Jones Internet Bull 3X Shares (WEBL) is 18.31%, while Leverage Shares 2X Long CRM Daily ETF (CRMG) has a volatility of 23.42%. This indicates that WEBL experiences smaller price fluctuations and is considered to be less risky than CRMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WEBL	CRMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.31%	23.42%	-5.11%
Volatility (6M) Calculated over the trailing 6-month period	47.91%	64.24%	-16.33%
Volatility (1Y) Calculated over the trailing 1-year period	59.23%	77.97%	-18.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	81.12%	75.77%	+5.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	82.62%	75.77%	+6.85%

WEBL vs. CRMG - Expense Ratio Comparison

WEBL has a 1.17% expense ratio, which is higher than CRMG's 0.75% expense ratio.

Dividends

WEBL vs. CRMG - Dividend Comparison

WEBL's dividend yield for the trailing twelve months is around 0.18%, while CRMG has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
CRMG Leverage Shares 2X Long CRM Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WEBL Daily Dow Jones Internet Bull 3X Shares	0.18%	0.25%	0.00%	0.00%	0.00%	4.79%	0.00%	0.06%

Frequently Asked Questions

Can I hold both WEBL and CRMG in my portfolio?

WEBL and CRMG have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WEBL or CRMG?

CRMG has higher volatility (23.42%) compared to WEBL (18.31%). In terms of maximum drawdown, WEBL dropped -94.44% vs CRMG's -79.83%.

Which ETF is better, WEBL or CRMG?

On 1-year performance, WEBL leads with -12.09% vs -65.86% for CRMG. On fees, CRMG is cheaper at 0.75% per year. On volatility, WEBL has been the lower-risk option at 18.31%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WEBL or CRMG?

Over the 1-year period, WEBL has performed better with a -12.09% return vs -65.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WEBL or CRMG?

CRMG is cheaper with a 0.75% expense ratio, compared with 1.17% for WEBL.

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

WEBL has the higher dividend yield at 0.18%, compared with 0.00% for CRMG.

What is the main difference between WEBL and CRMG?

They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 1.17% for WEBL and 0.75% for CRMG.

Which has better risk-adjusted returns?

WEBL currently has the higher Sharpe Ratio (-0.20 vs -0.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.